Shaping the future - a review of performance for 2021

Looking ahead This was an important year for us as, alongside dealing with the continuing pressures associated with COVID-19, we were able to accelerate our strategy and take the opportunity to refresh our purpose, vision, and values. That puts us in a strong position for the future as we focus on key growth opportunities in ship design and invest in digital development that can unlock the enormous value of our data capabilities, particularly in the maritime shipping and environmental spheres. Aligning our longheld sustainability expertise more closely with evolving market needs represents another key opportunity. In addition, the trilateral security pact, commonly known as AUKUS, announced during the reporting period, and the ongoing impact of the 2020 UK Ministry of Defence Integrated Review, both offer exciting opportunities ahead within our defence and security markets. Sarah Kenny Chief Executive, BMT We will also be launching learning and development tools to support our D&I strategy. We continue to produce regular gender pay gap reports, we support the Women in Science and Engineering (WISE) initiative and are proud signatories of the Women in Defence Charter, which is dedicated to equal opportunity in the defence and security industries. Evolving for the future Our survey also revealed a high level of satisfaction and growing support for our sustainability ambition. Our people care about the impact of their work and the opportunity to make a difference. This is a welcome outcome as it supports both our work to reduce greenhouse gas emissions and our growing role in supporting customers as they face more intense climate-related challenges. Protecting the environment and delivering design and engineering solutions to improve safety, efficiency and optimise performance, is part of our heritage and forms an essential offering within our capability today. This year has been about recognising our potential and identifying how our capabilities can deliver enduring prosperity and sustainability in the best interest of our employees, suppliers, customers, and communities, both today and leading into the future. We have signed the Business Ambition for 1.5°C Pledge, which means we are committed to setting science-based emission reduction targets across our value chain. ‘This was an important year for us as, alongside dealing with the continuing pressures associated with COVID-19, we were able to accelerate our strategy and take the opportunity to refresh our purpose, vision, and values.’ 7

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