Defining Sustainability (S.P.E.C.)
At FastAid, sustainability is defined as
continually getting better at doing the right
things. This will have a positive impact on
people’s lives, and the communities and
environments in which they live.
Our Sustainability Strategy (S.P.E.C.)
Our Sustainability Strategy has four essential pillars, known as ‘SPEC’:
(S) Sustainable supply chain
(P) Sustainable products
(E) Sustainable environmental impacts
(C) Sustainable communities
SPEC is an acronym defining our four sustainability pillars: sustainable supply chain, sustainable products, sustainable environmental impacts, and sustainable communities. These pillars are not necessarily in order of importance (they are all important), rather simply ordered in a way to be memorable for our team and keep it front of mind.
We have selected these four pillars as areas of focus that we believe have the most impact on a more sustainable future. We support the principles of the UN Global Compact and focus on key sustainability projects and goals that align with our values, as we believe we must act with conviction.
In conjunction with the FastAid Board, the Managing Director takes the lead and final responsibility for sustainability goals and initiatives and is responsible to work with relevant Team Leaders to ensure supporting projects are planned and executed on. The Managing Director provides sustainability progress reports back to the Board on a consistent basis where progress is reviewed against agreed goals, and the Sustainability Strategy is challenged for relevancy and potential improvements. The Sustainability Strategy is intended to be a living document that responds to risk and opportunities as they arise.
We understand that to deliver outcome-based sustainability projects and initiatives it is important that our team is aligned with clearly articulated goals. Within the four pillars of our Sustainability Strategy, we have identified ‘SMART’ goals that support each pillar. A critical part of maintaining team alignment is reviewing progress or ‘checking the pulse’, done through a structured series of meetings and team events.
Each team has 90-day sprint plans which include
key milestones for each of their relevant sustainability
projects. Teams meet through a combination of daily
huddles, weekly focus sessions and monthly progress
meetings to ensure we are on track to deliver on each
milestone. We work closely with various stakeholders
along the way to ensure ongoing alignment and flow
Quarterly board reviews track progress on our sustainability commitments and ensure that our goals and strategy remain relevant to shifting market demands and changing economic, social, environmental, policy and political landscapes both domestically and internationally.
Annual strategy and goal setting sessions review longer term goals to ensure they also remain relevant, and to identify specific milestones to form part of our team 90-day sprints.
Understanding our responsibilities and commitments and delivering on them is an essential part of realising our vision to be the most trusted leader of innovative and sustainable first aid solutions in Australia.