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Taking A Look At Boral Limited

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B: COMPANY RESEARCH
1 Company Profile and Disclosure of SPMS

1.1 Companies’ Profile
Our group had chosen Boral Limited as our environmentally sensitive industry (ESI) and Insurance Australia Group Limited as our non-environmentally sensitive industry (NON-ESI). Below is the brief history of our two companies.

1.1.1 Boral Limited (BLD)

Boral Limited (BOR) consisted of two main businesses; energy and Construction & Building. It was demerger into Origin Energy (ORG) and Boral Limited (BLD) where both are separately listed in 2000 (Company History & Listing Details 2014). Headquartered in Sydney, Australia, Boral is an international building and construction materials group. It comprises four operating divisions, namely Boral Construction Materials …show more content…

It uses Boral Production System (LEAN) that is a structured programme focused on eliminating manufacturing waste and improving efficiency (Mark Selway Strategy Presentation 2010). It uses ‘One Boral’ approach that is group identity rather than silos to Sales and Marketing Excellence. It encourages and implements innovation and to satisfy the needs of its markets. It also ensures its operations are sustainable in terms of their social, employee and environmental impacts through people engagement at all levels supported by leaders. (Appendix)

Its learning and growth perspective engages employees with the right skills and capabilities to develop their careers and perform their roles effectively. Thus, it provides training and development activities and programs to its employees, which ranges from on-the-job training to leadership development programs like Frontline Leadership Development Program and Leadership Development Program (Annual Report 2013, pp. 18 & 28).
1.2.2 Insurance Australia Group Limited (IAG)

IAG is adopting the BSC to measure the performance of the company. It uses goals set against financial and non-financial measures. The details of the BSC are obtained from IAG’s Annual Report 2013 (Appendix) and are summarised in Table 2 below.

Table 2: Balanced Scorecard of IAG 2013
Category Objectives Target Outcome
Financial ROE Cash ROE of at least 1.5 times WACC • Cash ROE of 25.3%, compared to 13.3% in the prior

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