ONE PLANET CARDIFF Cabinet Report May 2021

Total Page:16

File Type:pdf, Size:1020Kb

ONE PLANET CARDIFF Cabinet Report May 2021 CARDIFF COUNCIL CYNGOR CAERDYDD CABINET MEETING: 20 MAY 2021 ONE PLANET CARDIFF – A RESPONSE TO THE CLIMATE EMERGENCY: KEY PROGRESS LEADER (COUNCILLOR HUW THOMAS) AGENDA ITEM: 6 Reason for this Report 1. To note the substantial progress on the development of the final “One Planet Cardiff Strategy” following the launch of the draft strategy in October 2020, to outline and endorse the Council’s immediate short-term actions and commitments, and to report on feedback from public consultation to help shape a final strategy and action plan for approval in Autumn 2021. 2. To formally recognise the role of the One Planet Cardiff Strategy as a key delivery mechanism for the “Greener, Fairer, Stronger - City Recovery and Renewal Strategy”. Background 3. Notwithstanding the depth of the Covid-19 crisis, the Council has recognised that Climate Change remains the defining global challenge of our generation. The impacts of climate change, including rising sea levels, flood risk, extreme weather events, unsustainable energy supplies and ultimately, widespread economic instability, are putting tens of millions of people and their jobs across the globe at direct risk. These issues are already impacting the Cardiff area and its population. 4. Cabinet approved a draft One Planet Cardiff Strategy for consultation in October 2020 as a response to the Climate Emergency. This set out an ambition for the Council’s operations to be Carbon Neutral by 2030, and to work with city wide partners to develop a road map and action plan for a Carbon Neutral City by 2030. 5. It identified wide ranging opportunities that could reframe the Cardiff economy in a way that is resilient, robust and long-term, ensuring that Cardiff takes advantage of opportunities that can stimulate a “Green Recovery”, with the Council leading a capital city that will be at the forefront of a green and inclusive economy, supporting both environmental and economic recovery in Wales and among the greenest in the UK. 6. The Council has conducted broad and detailed consultation and Page 1 engagement on this draft strategy and the views gathered are helping to shape our actions and proposals. We have also set in motion actions that will help to define much more clearly our current carbon footprint and the impacts of current and potential climate responsive policies and projects. We recognised at the time of the draft report that this “carbon accounting” exercise would be a complex process, and that we wouldn’t wait for a final conclusion to that analysis before taking more immediate decisions and actions that recognise the scale and urgency of the challenges ahead. 7. This report therefore provides an interim update position that: i. reports back on the key outcomes of the consultation; ii. describes the substantial actions that the Council has already taken in its efforts to address the climate emergency; and iii. seeks cabinet approval of some initial key projects, mission statements and policy interventions that move this agenda onwards; iv. seeks delegation for selecting initial in year capital spend. 8. This interim report will be followed by a full and final One Planet Cardiff Strategy later in the year. This will contain details of our carbon accounting methodology and project prioritisation process, along with a more detailed 10-year action plan to deliver our Carbon Neutral ambitions. Issues Public Consultation and Engagement 9. Following the launch of the Draft OPC Strategy in October, the Council facilitated a number of different consultation exercises including: An online consultation questionnaire aimed at the general public; An online questionnaire aimed at local businesses and organisations; A bespoke survey of young people, designed and analysed by Cardiff’s Youth Council, and An Environmental Scrutiny exercise where key experts and stakeholders were invited to give their views on the draft strategy. 10. Appendix A gives a full analysis of this consultation exercise and highlights the key themes, common issues and recommendations that emerged. Almost 2,000 individual responses were received and analysed. The more significant issues that were observed are summarised below and these have already helped to shape our thinking and actions to date: i. The scale of the climate emergency response needs to be resourced appropriately both in terms of staff, resource and implementation funding; ii. Consultation, engagement, leadership and partnership will be crucial throughout the implementation period to 2030 and beyond; Page 2 iii. The strategy will need to consider and deploy a range of different techniques to effectively involve and coordinate public and stakeholder groups; iv. An OPC leadership board with clear project governance and committed resources is needed to steer the work over the long term; v. Any final action plan needs to identify the projects that can be realistically delivered and needs to include a timetable, cost and prioritisation based on carbon reduction in addition to wider social, economic and environmental benefits; vi. Public behaviour change is the biggest challenge in delivering the OPC Strategy and a section should be dedicated stating that the public has an essential role in this. A behaviour change plan needs to be well resourced, and continually in collaboration with partners, over the next 9 years, reviewed and evaluated by people with expertise. 11. Respondents were also asked to rank the various action themes proposed in the draft strategy in order of importance in the context of the Climate Emergency. The top 3 for each of the key consultee groups were as follows: i. Public survey: 1st Energy- demand reduction and increased renewable generation. 2nd Green Infrastructure & Biodiversity; and 3rd Transport – with active travel a key priority. ii. Young people: 1st Energy- demand reduction, increased renewable generation and research. 2nd Built environment- more climate responsive construction and operation. 3rd Green Infrastructure & biodiversity iii. Businesses/organisations (although note that the response level was lower than for the public/young people surveys): 1st Energy - demand reduction and renewable generation 2nd Green Infrastructure & Biodiversity 3rd Transport 12. A positive outcome of the consultation process is that it has confirmed the key themes in the One Planet Cardiff strategy including leadership, governance, partnership and programme priorities. The details of the response have been noted and are being considered in the development of the final Strategy and project prioritisation process, alongside other factors such as predicted carbon impact and potential contribution to other economic and social goals of the joint Climate Emergency and City Recovery effort. Governance and Resources 13. In the One Planet Cardiff Draft Consultation report of October 2020 the Page 3 Council committed to accelerating its response and not to wait for the final report before making a start. Underpinning the commitment of the Council, and recognising the comments made in the public consultation, new governance arrangements have already been formalised in order to drive the necessary change, not only in the Council, but also our public sector partners and more widely across the City. 14. A One Planet Cardiff Steering Group Chaired by the Leader has been established including senior Cabinet members. This is an internal working group where key updates on projects are provided to the Leader and supporting Cabinet members who are then able to steer progress. The Cardiff Youth Council are also active participants, reflecting the need for young people and future generations ta have a clear voice in this agenda. 15. The updated Corporate Plan has formally authorised a series of key projects included in the initial draft OPC strategy. These will be implemented and delivered as part of the “Recovery & Renewal Plan” that has been prepared in response to the COVID-19 crisis. 16. A Climate Emergency Board has been established with our public sector partner organisations from the Public Service Board (PSB) to identify and collaborate on key projects. This board has also expanded to include other key partners outside of the regular PSB partnership including Cardiff University, Wales and West Utilities, Western Power, and Dwr Cyrmu Welsh Water. 17. Cardiff Council has also become the first Welsh local authority to be recognised as a Carbon Literate Organisation by low-carbon charity The Carbon Literacy Trust. 18. Staff Resources: Five additional posts have been funded in the recent Council Budget and in recognition of the need to bring additional resource to the project. Job descriptions are being developed for these and the posts will be advertised and filled in the coming months. It should be noted that 4 of the posts are for temporary 1-to-3-year positions and that, in recognition of the urgency, some of the associated work may need to be delivered through consultancy in the short term. 19. A recurring Capital Fund has also been allocated to help deliver smaller OPC Projects and “quick win” projects. A number of deliverables have been proposed against the 2021/22 budget allocation of £700k as set out below. A small revenue budget has also been allocated to assist with feasibility and impact studies that will assist in our project analysis and prioritisation exercises. Carbon Modelling: Consultancy Appointment 20. The Council has appointed an independent specialist consultant to develop a carbon modelling and assessment tool which will enable a detailed assessment of the key projects outlined below and others to be included in the forthcoming action plan. The work will enable the Final OPC Strategy to be fully developed and the impacts of the interventions Page 4 quantified not only in terms of the Carbon benefits but wider social and economic benefits. This project will also help to develop a more informed and accurate baseline picture of our current carbon footprint, especially in harder to quantify areas such as procurement and staff commute. 21. The overarching ambition of the strategy is to achieve “carbon neutrality”.
Recommended publications
  • Cardiff Meetings & Conferences Guide
    CARDIFF MEETINGS & CONFERENCES GUIDE www.meetincardiff.com WELCOME TO CARDIFF CONTENTS AN ATTRACTIVE CITY, A GREAT VENUE 02 Welcome to Cardiff That’s Cardiff – a city on the move We’ll help you find the right venue and 04 Essential Cardiff and rapidly becoming one of the UK’s we’ll take the hassle out of booking 08 Cardiff - a Top Convention City top destinations for conventions, hotels – all free of charge. All you need Meet in Cardiff conferences, business meetings. The to do is call or email us and one of our 11 city’s success has been recognised by conference organisers will get things 14 Make Your Event Different the British Meetings and Events Industry moving for you. Meanwhile, this guide 16 The Cardiff Collection survey, which shows that Cardiff is will give you a flavour of what’s on offer now the seventh most popular UK in Cardiff, the capital of Wales. 18 Cardiff’s Capital Appeal conference destination. 20 Small, Regular or Large 22 Why Choose Cardiff? 31 Incentives Galore 32 #MCCR 38 Programme Ideas 40 Tourist Information Centre 41 Ideas & Suggestions 43 Cardiff’s A to Z & Cardiff’s Top 10 CF10 T H E S L E A CARDIFF S I S T E N 2018 N E T S 2019 I A S DD E L CAERDY S CARDIFF CAERDYDD | meetincardiff.com | #MeetinCardiff E 4 H ROAD T 4UW RAIL ESSENTIAL INFORMATION AIR CARDIFF – THE CAPITAL OF WALES Aberdeen Location: Currency: E N T S S I E A South East Wales British Pound Sterling L WELCOME! A90 E S CROESO! Population: Phone Code: H 18 348,500 Country code 44, T CR M90 Area code: 029 20 EDINBURGH DF D GLASGOW M8 C D Language: Time Zone: A Y A68 R D M74 A7 English and Welsh Greenwich Mean Time D R I E Newcastle F F • C A (GMT + 1 in summertime) CONTACT US A69 BELFAST Contact: Twinned with: Meet in Cardiff team M6 Nantes – France, Stuttgart – Germany, Xiamen – A1 China, Hordaland – Norway, Lugansk – Ukraine Address: Isle of Man M62 Meet in Cardiff M62 Distance from London: DUBLIN The Courtyard – CY6 LIVERPOOL Approximately 2 hours by road or train.
    [Show full text]
  • A Cardiff Capital Region Metro: Impact Study: Metro Interventions Appraisal Report
    Report to the Minister for Economy, Science and Transport Merthyr Ebbw Hirwaun Tydfil Rhymney Tredegar Vale Brynmawr Abergavenny Aberdare Treherbert Abertillery Pontypool Bargoed Blackwood Newbridge Abercynon Cwmbran Pontypridd Ystrad Mynach Cross Keys Porth Maesteg Talbot Green Taffs Well Caerphilly Caerleon Pontyclun Cardiff Gate North West Heath Bridgend Cardiff Severn Queen Tunnel Ely Mill Street Newport Junction Porthcawl St Llanwern Chepstow Mellons Culverhouse Cross Pill Cardiff Cardiff Bay Bristol Airport Sports Village Cardiff Central Barry Penarth Porth Teigr A Cardiff Capital Region Metro: Impact Study: Metro Interventions Appraisal Report October 2013 Metro Interventions Appraisal Report FINAL Report | September 2013 Project No: CS/060195 Doc Ref: CS/060195 Rev: Client: Welsh Government Issue Date: September 2013 Metro Interventions Appraisal Report: FINAL Report Name Signature Date Author Michelle North-Jones 30/09/2013 Checker David McCallum 30/09/2013 Approver David McCallum 30/09/2013 Issue Record Rev Date Description/Comments Author/Prepared by: Approved for Issue by: “The report shall be for the private and confidential use of the clients for whom the report is undertaken and should not be reproduced in whole or in part or relied upon by third parties for any use whatsoever without the express written authority of the Consultant’ Metro Interventions Appraisal Report: FINAL Report September 2013 CONTENTS 1. Introduction 1 1.1 Context 1.2 Report Purpose and Structure 2. Appraisal Methodology 3 2.1. Modal Interventions 2.2 Appraisal Criteria 2.3 Intervention Assessment 3. Appraisal Results and Recommended Interventions Packages 10 3.1 Appraisal Results by Intervention Category 3.2 Intervention Packages 3.3 Quick Wins 4.
    [Show full text]
  • IQE Strategy Update
    IQE Strategy update Leading innovation from within Tech hardware & equipment 14 January 2020 The breadth of IQE’s technology portfolio and ability to serve compound semiconductor chip customers in the US and Asia puts it in a good Price 50.0p position to benefit from rising demand for compound semiconductor Market cap £398m applications for 5G and connected devices. The share price has been hit by the shift to Asian-centric supply chains caused by US-Chinese trade Net debt (£m) at 30 June 2019 0.8 tensions, and resultant reductions to management guidance. Although the Shares in issue 796.1m timing of a recovery is difficult to gauge, we see scope for earnings recovery as IQE secures additional contracts in Asia and leverages its IP Free float 86.6% portfolio into sustainable profit growth and cash generation. Code IQE Primary exchange AIM Revenue PBT* EPS* DPS P/E Yield Secondary exchange N/A Year end (£m) (£m) (p) (p) (x) (%) 12/17 154.5 24.5 3.38 0.0 14.8 N/A Share price performance 12/18 156.3 14.0 1.38 0.0 36.2 N/A 12/19e 139.4 (8.0) (0.82) 0.0 N/A N/A 12/20e 152.1 3.0 0.28 0.0 178.6 N/A Note: *PBT and EPS are normalised, excluding amortisation of acquired intangibles, exceptional items and share-based payments. Global platform gives access to Asian supply chains The interconnected nature of semiconductor supply chains means it has taken time for IQE’s customers to feel the full impact of the US Department of Commerce’s decision in May to add Huawei to the Entity List.
    [Show full text]
  • Overview of 2017 Annual Report and Financial Statements
    Overview of 2017 Annual report and financial statements | 2017 1 IQE PLC | Report and Annual Accounts 2017 Company No: 3745726 Overview of 2017 05: Chairman’s report to shareholders 08: Business review 13: Outlook Strategic report 15: Strategic report 18: Our business 21: CSR, health, safety & environment 28: Principal risks & uncertainties 38: Financial review Directors’ report 41: Compliance & governance statements 52: Director’s report 55: Remuneration statements 64: Annual report on remuneration 74: Officers & professional advisors Financial statements 80: Financial statements 91: Notes to the financial statements It is with the deepest sadness that the Board of announced in April 2018 that its long-serving Chief Financial Officer, Phillip J Rasmussen BSc ACA, had died. His death follows a cycling incident that took place on 1 April 2018 whilst on holiday abroad. On behalf of the Board and all of Mr Rasmussen’s IQE colleagues, IQE President and Chief Executive Officer, Drew Nelson, commented: “The news of Phil’s death has shocked and distressed all of us at IQE. The tragedy, of course, will be most deeply felt by Phil’s family, who we send our heartfelt condolences to at this terrible time. It is also a tragedy for so many of us who considered Phil a friend as much as a colleague. Phil was a great colleague and an accomplished CFO. He made the role his own, contributing so much over his ten years with us to IQE’s current strength; to the detailed and principled way we do things; to the potential we see before us as a firm.
    [Show full text]
  • Saxbury the Howells Building Cardiff
    SAXBURY THE HOWELLS BUILDING CARDIFF The Howells Building A historic 1.7 acre, hospitality led mixed-use scheme with potential for hotel and apart-hotel (C1) use class CONTENTS OVERVIEW 4 LOCATION 7 CONNECTIVITY 8 HOTEL SCHEME 9 APART-HOTEL SCHEME 15 BOUTIQUE HOTEL SCHEME 21 CARDIFF 28 THE NEXT STEP 30 OVERVIEW / LOCATION / CONNECTIVITY / HOTEL SCHEME / APART-HOTEL SCHEME / BOUTIQUE HOTEL SCHEME OVERVIEW CARDIFF / THE NEXT STEP Serviced apartment specialists, Saxbury, are delighted to be instructed on a 1.7 acre mixed-use site in central Cardiff. Currently the House of Fraser department store, the site has been replanned to accommodate either a hotel (214 units), an apart-hotel (134 units) or a boutique hotel (64 units). Saxbury invites all interested hospitality companies to come forward with their suggestions for one of the proposed schemes. Address 20 St Mary St, Cardiff CF10 1TT Accomodation 200+ Keys (STP) Gross Internal Area 11,075m2 Use Class C1 Hotel / Apart-Hotel THE HOWELLS BUILDING | CARDIFF 4 OVERVIEW / LOCATION / CONNECTIVITY / HOTEL SCHEME / APART-HOTEL SCHEME / BOUTIQUE HOTEL SCHEME OVERVIEW CARDIFF / THE NEXT STEP The Howells Building is one of Cardiff’s most iconic buildings com- prising a Grade II* listed department store built between the late 1860’s and early 1900’s and extended during the 1960’s. Naissance Capital Real Estate Ltd. is the current owner of the build- ing. It’s key business includes originating, structuring and execut- ing commercial real estate investment and development strategies across the UK and United States of behalf of private banks and family offices. The building originally comprised two stores, nine Victorian houses, a chapel, a brewery and a garage, but was remodeled over time to provide one major department store.
    [Show full text]
  • The Businessolympics
    INWARD INVESTMENT “London 2012 delivery has shown UK THE BUSINESS OLYMPICS plc at its finest” Stuart Hill, BT The cauldron wasn’t the only London 2012 creation to highlight Britain’s strengths. Business Voice took time out from the sporting action to focus “The Olympic Park is a shop window on the effort to promote UK plc while the eyes of the world were upon it. for UK design and construction firms” The opening ceremony of London 2012 Bond homage, brought the curtains up on further. Two-thirds of the special effects in Eric Pickles MP wowed the cynics and heralded a a creative masterpiece by Danny Boyle. At the early Harry Potter films had been successful Olympics. It also dramatically UKTI’s “Creative content” summit, created in the US, but by the final one, nine portrayed the UK’s commercial and panellists wondered whether the “Danny out of ten of the more advanced effects creative strengths. But, away from the Boyle effect” would encourage more were made in Britain. Their fellow panellist, “Individual efforts will make the main event, the messages of the country’s directors and producers to remain in the Ivan Dunleavy, CEO of Pinewood Studios, creative, industrial and technological UK rather than move to Hollywood. also highlighted the UK’s world-class business legacy of the games a success. expertise were reinforced to a global According to Tim Bevan, founder of facilities for film-makers. business audience as UK Trade & independent studio Working Title, there The director of London’s Design It’s down to all of us” Lord Bell Investment (UKTI) went into overdrive to are clear advantages to staying here.
    [Show full text]
  • Chapter 19.0 Navigation and Marine Transport
    Chapter 19.0 Navigation and Marine Transport www.tidallagoonswanseabay.comwww.tidallagooncardiff.com Tidal Lagoon Cardiff Ltd 19.0 Navigation and Marine Transport 19.1 Overview of existing situation 19.1.1 Overview of Commercial Shipping Activity 19.1.1.1 The Bristol Channel and Severn Estuary is an important shipping area with large ships from national and international destinations using the estuary's ports and anchorages. The wider study area (as defined by the extent of Figure 19.1) is home to a number of significant commercial ports, in particular Bristol (Avonmouth and Royal Portbury Dock), Cardiff, Newport and Barry, with circa 8 smaller ports including Bristol City Docks and Bridgwater. Collectively these ports are an important part of the regional and national economy; in 2013 they handled around 15.5 million tonnes of cargo. This represents approximately 4% of the UK total (DfT, 2014). 19.1.1.2 Commercial vessels enter the Severn Estuary from the south-west via the deep water approaches in the Bristol Channel. Those bound for Cardiff navigate to the northwest of Flat Holm whilst those transiting to Newport, Bristol or locations up- estuary of the Severn Bridge crossings take the deep water channel between Flat Holm and Steep Holm (Figure 19.2). Vessels bound for Newport usually transit north of Flat Holm and south of Monkstone, then transit towards the Newport Channel. Vessels bound for Bristol and Sharpness navigate through the Bristol Deep and King Road channels, with vessels continuing to Sharpness on the tidal River Severn (STP, 2010). 19.1.1.3 Port access is tidally restricted, with water levels at Bristol, Newport, Cardiff and Barry controlled by lock gates.
    [Show full text]
  • Cardiff Courses Accommodation
    Cardiff Courses Accommodation www.doctorsacademy.org Cardiff Courses Accommodation Contents Hotels listed in order of lowest starting price per room, from lowest to highest, please note prices will vary. Ibis Budget Hotel 1 Premier Inn Cardiff City Centre Hotel 2 Cardiff Biosciences Building Premier Inn Cardiff City South Hotel 3 Travelodge Cardiff Central 4 Hotel Ibis Cardiff 5 Travelodge Cardiff Central Queen Street 6 The Avala Guesthouse 7 The Angel Hotel 8 Park Inn by Radisson 9 Best Western, Maldron Hotel 10 Radisson Blu Hotel 11 Thistle, The Parc 12 Lincoln House Hotel 13 Hotel Novotel Cardiff Centre 14 Holiday Inn Cardiff City Centre 15 Mercure Cardiff Holland House Hotel & Spa 16 Park Plaza Cardiff 17 Hilton Hotel Cardiff 18 Cardiff Marriott Hotel 19 The Royal Hotel 20 Jolyon’s at No. 10 21 www.doctorsacademy.org Cardiff Courses Accommodation www.accorhotels.com/ Ibis Budget Cardiff Centre gb/hotel-6175-ibis-budget-cardiff -centre/index.shtml Ibis budget Hotel Cardiff Centre is a low-cost hotel located in central Cardiff. This Cardiff hotel is close to the shopping and nightlife of Cardiff city centre, and enjoys easy access to the ** M4. The hotel has 157 contemporary guest rooms and is Prices vary from £37.00 per night 100% non-smoking. Each comes with en-suite shower, air cooling and flat screen TV. A continental all-you-can-eat Tyndall Street, CF10 4BE breakfast buffet is served every morning. The hotel has limited +44 (0) 2920 458 131 amount of indoor parking available and free Wifi throughout. Email contact via website www.doctorsacademy.org 1 Cardiff Courses Accommodation Premier Inn Cardiff www.premierinn.com/en/ City Centre Hotel hotel/CARBAR At the Premier Inn Hotel Cardiff City Centre you're perfectly placed to sample all the delights the capital has to offer.
    [Show full text]
  • Andy Walker, Editor: Andy Walker 07791 997602 Editor, Infrastructure Intelligence [email protected]
    ii30-may-june2018.qxp_print 03/05/2018 16:24 Page 1 ACE CHANGE INTERVIEW ISSUE 30 | May/June 2018 Ogunshakin to Exciting times move to pastures at Turner & new at FIDIC Townsend page 4 page 22-23 PROJECT FEATURE ‘Super-sewer’ connecting Londoners with the Thames page 16-18 Produced for the industry by the Association for Consultancy and Engineering Delivering the new London GRAHAM TOM Bridge station pages 8-10 PLUS: l Regional hotspots l Skills Summit 2018 l Roundtable report l Celebrating our 30th issue l Sporting legacy ii30-may-june2018.qxp_print 03/05/2018 16:24 Page 2 MESSAGE FROM THE EDITOR Welcome to the 30th issue of Infrastructure Intelligence. We’ve now been going for four years and we’re delighted to be celebrating that fact on page 19 by reflecting on a significant milestone for our publication and website. Elsewhere, the magazine is packed full of the usual informative mix of news, features and intelligence about infrastructure that you’ve come to expect. Major projects feature strongly this issue. We have features on the impressive new London Bridge station (p8-10), the Thames Tideway project that will reconnect Londoners with the River Thames (p16-18) and we report on the potential for a new bridge from Scotland to Northern Ireland (p20-21). Speaking of potential, we preview the Skills Summit 2018 futureproofing the industry event that takes place in London in June (p6-7) and we also take a look at the fascinating proposals for HS4Air, which if realised promise to create “an M25 for high-speed trains” (p24-25).
    [Show full text]
  • Annual Report and Accounts 2020
    Leading innovation from within 2020 Annual Report and Financial Statements IQE plc 2020 Annual Report and Financial Statements Leading innovation from within We exist in an age of rapid transformation. Technological innovation is changing our world and the way we live, and opportunities for advancement are endless. Innovation is at the heart of all that IQE does. We are uniquely placed to provide advanced technology solutions to shape the future and enable a new digital age. Discover more online at iqep.com 1. Strategic report 2 3 Contents 1. Strategic Report IQE at a glance 2 Record revenue Investment case performance 4 10 Over 27% revenue growth Market overview 6 2020 Highlights in 2020 Chairman’s Statement 8 2020 highlights 10 178m Chief Executive’s Statement 12 Business Model 14 155m 156m 140m Strategic update 16 Embedded innovation 18 Responsible business 20 Risk management 32 Viability Statement 38 Financial Review 39 2. Corporate Governance Chairman’s Governance Overview 42 Find out how IQE achieved record Board of Directors 44 revenues and a strong operational Board Activities 46 performance despite a challenging 17 18 19 20 Audit & Risk Committee Report 49 global environment. Nominations Committee Report 53 Remuneration Committee Report 55 Directors’ Remuneration Report 56 Statement of Directors’ responsibilities in respect of the Annual Report and the Financial Statements 70 18 Directors’ Report 71 Our technology is 3. Financial Statements industry-leading Auditor’s Report 73 Financial Statements 82 2020 has shown the Glossary 145 maturity of IQE’s Investor information 147 business and the ongoing strength of our customer and market opportunities.” Phil Smith Chairman, IQE plc Discover how IQE is enabling technology that will transform society.
    [Show full text]
  • CDL Annual Report 2019
    INSPIRED CITY DEVELOPMENTS LIMITED I ANNUAL REPORT 2019 CORPORATE PROFILE City Developments Limited (CDL) is a leading global real estate company with a network spanning 106 locations GET in 29 countries and regions. Listed on the Singapore Exchange, the Group INSPIRED is one of the largest companies by market capitalisation. Its income-stable and geographically-diverse portfolio comprises residences, offi ces, hotels, serviced apartments, shopping malls and At CDL, we are inspired to shape the integrated developments. future of real estate with innovation, creativity and passion to create unique With a proven track record of over spaces that excite and enrich lives. 55 years in real estate development, investment and management, the GET Group has developed over 46,000 Our strategy — focusing on homes and owns over 24 million square Growth, Enhancement and feet of gross fl oor area in residential, Transformation, inspires us to challenge commercial and hospitality assets globally. convention and chart our growth Its diversifi ed global land bank off ers 3.4 million square feet of land area. trajectory. With an innovative spirit, we constantly reinvent tomorrow’s Along with its London-based hotel arm, landscapes in this age of disruption, Millennium & Copthorne Hotels Limited building on our strengths to unlock (M&C), the Group has 156 hotels and opportunities and create sustained 45,000 rooms worldwide, many in key gateway cities. value for our investors and stakeholders. Leveraging its deep expertise in As we continue to inspire our built developing and managing a diversifi ed environment with architectural asset base, the Group is focused on enhancing the performance of its breakthroughs, we stand ready to portfolio and strengthening its recurring push boundaries and turn promising income streams to deliver long-term possibilities into long-term growth.
    [Show full text]
  • 2018 Annual Report and Financial Statements
    Annual report and financial statements 2018 Contents Overview of 2018 Directors’ Report 02 - Chairman’s overview 48 - Directors’ report Strategic Report Governance 04 - Epitaxy 50 - Governance 07 - Breadth of Technology 64 - Remuneration Statements 11 - Our Business 80 - Directors’ Biographies 14 - Research, development and Innovation 82 - Officers and Advisers 18 - Our People 24 - Environment, Health & Safety Financial Statements 28 - Principal Risks and Uncertainties 88 - Financial Statements 40 - Operational Review 98 - Notes to the Financial Statements 43 - Financial Review Chairman’s overview I am pleased to present our 2018 annual report and financial statements. IQE is the world’s leading supplier of advanced semiconductor materials solutions that enable global innovation. We develop and manufacture compound semiconductor wafers and complementary materials technologies that are at the heart of the digital electronic revolution. Overview of 2018 Our compound semiconductor technology plays an increasingly important role in shaping the way we live, work and spend our leisure time. We are playing a key role in developing and bringing to market, a range of new, world leading technologies that will see our materials embedded across a very large range of new and emerging applications including 5G communications, next generation smartphones and tablets, hyperscale datacentres, global internet connectivity via low earth orbit satellites and UAVs, advanced healthcare including wearable sensors, defence and aerospace and in electrically powered and driverless vehicles. IQE is a global technology leader operating in a of sensing applications where we have made a dynamic and competitive market. Our compound considerable investment during 2018 in engaging with semiconductor materials offer significant performance more than 25 VCSEL chip companies underscoring advantages and functionality over silicon-based IQE’s exceptional leadership position in the emerging semiconductors in terms of speed, power and light.
    [Show full text]