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This report, our 92nd Annual Report, communicates our operational, financial and business performance for the financial year ended 30 June 2018.
It highlights our role, who and where we are, and reports on services we provide and performance in these areas. The report also looks at issues related to our business, explores the year ahead and comments on challenges and exciting opportunities the transport sector faces into the future.
Last year our annual report achieved a Gold Award at the Western Australian Institute of Public Affairs Annual Reporting Lonnie Awards and a Gold Excellence Award from the Australasian Reporting Awards. It was also recognised as a finalist for the Public Sector Online Reports.
We have once again committed to producing an online only annual report, minimising both impact on the environment and costs associated with producing a printed version. We believe enhancing our information through up-to-date online content coupled with information on our achievements over the past 12 months, assists understanding of our activities and achievements.
Acknowledgement of Country
Main Roads Western Australia acknowledges the traditional custodians throughout Western Australia and their continuing connection to the land, water and community. We pay our respects to all members of these Aboriginal communities, their cultures and to Elders both past and present and their leaders into the future.
In preparing this report, we have continued to move towards greater adoption of the International Integrated Reporting Council (IIRC) Framework. In addition, we have applied the Global Reporting Initiative (GRI) Standards: Core option and operated in line with the Financial Management Act 2006 (WA) and Treasurer’s Instructions and the 2018 Western Australian Public Sector Reporting Framework.
We have further considered how to present the value created by our activities, and this year we continue our progress towards incorporating the principles outlined in the IIRC Framework. The aim of integrated reporting is to promote a more cohesive approach to corporate reporting by explaining how we create value over time. Our intention is to show the benefits to all stakeholders including employees, customers, suppliers, business partners, local communities, legislators and policymakers.
With respect to our Global Reporting Initiative (GRI) reporting, we have now moved from GRI G4 to the GRI Standards: Core option and continue to develop our disclosure to ‘Comprehensive’ level with the inclusion of more reporting against indicators included at this level. This is part of our continuing commitment to GRI, which provides the world’s most widely used standard on sustainability reporting and disclosure.
We continue to explore our understanding and adoption of these approaches in relation to our services and performance. We believe these approaches enable better decision-making by businesses, governments, society and our community, and decisions based on information that matters. We also seek external assurance each year on key areas of focus.
Comments and Feedback
Comments or feedback on the approach that we have adopted or any element of the annual report would be most welcome. Click here to contact us.