SS S TRTR EMPLOYEE WELLBEING BUSINESS CONTEXT TR AA ‘Investing in people and opportunity’ covers a range of areas that are A TETE 2023 TARGETS AND GOALS PROGRESS critical to the Company’s human and social capital, and therefore TE GG G II Target zero accidents – Successful procurement of new I CC important for its success and sustainability. Ensuring health and safety C R R safety reporting system. of employees is paramount. We want everyone who works at Aston R EE – In 2023, the Company’s Accident E PP Martin to get home safely every day. P OO Frequency Rate (‘AFR’) improved O RR R TT by 25%, falling from 0.53 Maximising employee wellbeing, promoting mental health, ensuring a T recordable incidents per 100 employees in 2022 to 0.40. diverse and inclusive workplace, and delivering industry-leading GG Continue to deliver industry- – Several initiatives implemented training are all key to strengthening business performance, including G OO by enhancing the Company’s appeal to socially conscious consumers. O VEVE leading initiatives to support including mental health training Supporting relevant and local charities and communities is important VE RR employee wellbeing and support for all employees. R NANNAN for a socially responsible business like ours. NAN CC ADVANCING DIVERSITY AND INCLUSION C EE The results of our 2023 materiality assessment highlighted the E 2023 TARGETS AND GOALS PROGRESS growing importance of ‘Employee engagement, talent retention, Women in 25% of leadership – 2023 early careers intake 37% welfare, and benefits’ among stakeholders. This shift in priorities FF F II positions by 2025 and in 30% of women compared with 21% in compared to 2022 indicates that stakeholders are placing greater I NANNAN leadership positions by 2030 2022. emphasis on how a company treats its employees and the impact it NAN CC – Various initiatives delivered has on their wellbeing. The materiality assessment also indicated C IALIAL including International Women’s the potential for employee engagement, talent retention, welfare IAL S S Day. S and benefits to have potentially significant financial impacts over the TT T AA Increase the culture of – Inclusion immersion part of 110 short- to medium-term. A TT T EE inclusion by leveraging the Aston Martin Values training E MM M EE Aston Martin Values sessions. E NN N TT – 1,972 employees and 181 Policy and standards T SS contractors trained in inclusive S behaviours, totalling 4,306 training At Aston Martin we expect everyone to comply with the law, act with hours. integrity and do what is right. In 2023, we introduced our new Code FF F UU of Conduct which reflects our values in action, particularly in areas U RR Improve workplace – New peer recognition programme. R TT T HH engagement and culture, and – Employee engagement survey with key ethical or legal considerations marking what we stand for H EE E RR secure accreditation as a Great completed and survey insight and what we expect from each other. Outlining the key policies and R INF INF Place to Work® by 2025 driving action. behaviours that everyone should follow, the Code is intended to guide INF – All directors participating in new the way that the business and our people operate. We believe that OROR Director-level development high integrity, delivers high performance. OR MM programme, ‘Accelerate’. M AA A TT – All first line managers engaged in T II I ONON new training programme, ‘Ignite’. Our Code of Conduct incorporates many of our key policies including: ON Diversity and Inclusion, Health and Safety, Anti-Bribery, Gifts and Hospitality and Confidential Reporting. GROWING TALENT AND RAISING ASPIRATIONS 2023 TARGETS AND GOALS PROGRESS For more information see Sustain new apprenticeship – 19 apprentices recruited www.astonmartinlagonda.com/code of conduct. recruitment compared with 20 in 2022. – 12 graduate trainees recruited compared with 23 in 2022. Update skills and training to – Aston Martin approved to deliver support transition to electric Institute of the Motor Industry- vehicle production approved Electric Vehicle (‘EV’) safety training in-house. – 2,377 hours of EV-related training. – EV-related training delivered to 205 colleagues, compared with 149 in 2022. Continue commitment – Visits to schools, colleges and to promoting Science, universities more than doubled Technology, Engineering and from 20 in 2022 to 54 in 2023. Mathematics (STEM) ASTON MARTIN LAGONDA ANNUAL REPORT AND ACCOUNTS 2023 51