SCOPE

ERM (Environmental Resources Management) has undertaken an independent verification of the MTR Corporate Sustainability Report 2001.


ACTIVITIES
We used a similar approach to that used in verifying MTR's Environment Report 2000. First, we worked directly with MTR to develop the structure and content of the report but were not involved in the development or collection of information. Second, we chose a representative sample of factual statements and numerical data points. Third, we confirmed or otherwise the accuracy of information by reference to appropriate source material, reviewing data management systems and interviews with staff at MTR's headquarters.


FINDINGS
The Corporate Sustainability Report 2001 presents a good account of the main sustainability issues under the control of MTR. Based on the sample, we are satisfied that the factual statements and data contained in the report, including progress against 2001 targets, are correct within reasonable levels of confidence and provide a fair and balanced assessment of performance. With reference to specific 2001 targets in Chapter 8 [link], verification is indicated by a 'u'.


RECOMMENDATIONS

We recommend that MTR focuses management attention on the following.

Agree consistent data boundaries for future sustainability reporting in terms of MTR's main operating Divisions: Projects, Operations and Property;

Develop methodologies for data preparation and ensure these are used in a consistent manner from year-to-year;
Continue to make the transition from a large number of mainly process orientated targets to a smaller number of quantitative performance targets.
Steve Laister
Executive Director
ERM Hong Kong
26 March 2002
 
 
Social and Environmental Targets for 2002 Environmental Performance in 2001 Sustainability Awareness Social Environment Economic Global Reporting Initiative Indicator MTR's Environmental Policy Opinion Statement Verification Statement Feedback Corporate Environmental Report 2000 The Environmental Matrix Introduction Chairman's Message Chairman's Message About MTR