Lloyd’s Register LRQA
Terms of Engagement
Lloyd’s Register Quality Assurance Inc. (LRQA) was commissioned by Bechtel Corporation (Bechtel) to provide limited assurance on its processes for reporting data and information into its 2015 Sustainability Report (“Report”).
Our assurance engagement covered Bechtel’s operations and activities worldwide and specifically reviewed Bechtel’s internal processes for collecting and reporting data and information within their Report.
Consistent with Bechtel’s reporting boundaries, our assurance engagement excluded the data and information of Bechtel’s partners, suppliers, contractors and any third parties mentioned in the Report. Our assurance engagement did not include verifying the accuracy of data and information reported. Our assurance engagement also excluded Bechtel’s stakeholder engagement and materiality review processes.
Ultimately, the Report has been approved by, and remains the responsibility of Bechtel. Bechtel’s management was responsible for preparing the Report and for maintaining effective internal controls over the data and information disclosed. LRQA’s responsibility was to carry out an assurance engagement on the Report in accordance with our contract with Bechtel. LRQA disclaims any liability or responsibility to others as explained in the end footnote.
LRQA’s assurance engagement has been conducted in accordance with LRQA’s verification procedure which is based on current best practice and processes defined in ISAE3000. The following tasks were undertaken as part of the evidence gathering process for this assurance engagement:
- Reviewing several drafts of the Report (including September 9, 2016) as a basis for understanding the data and information reported;
- Reviewing Bechtel’s process for collecting content for the Report, including Bechtel’s Enterprise Sustainability Report Process Guide Corporate Affairs Version 1 2014, examples of Content Collection Forms and emails used as the basis for narrative within the Report;
- Reviewing the Ecological Footprint Procedure 2014 for collecting and reporting environmental data from a designated set of Bechtel offices and corresponding data from the data collection database;
- Reviewing CP 108 EH&S Incident Notification, Investigation and Reporting 8 October 2014 procedure for collecting and reporting incident data;
- Reviewing CP 104 Injury and Illness Record Keeping and Reporting Requirements US and Non US Projects 17 September 2014 for injury and illness reporting; and
- Interviewing a Sustainability Specialist at Bechtel responsible for compiling data and drafting the Report.
Based on LRQA’s approach nothing has come to our attention that would cause us to believe that Bechtel has not adhered to their processes for collecting and reporting data and information disclosed in their Report.
The opinion expressed is formed on the basis of a limited level of assurance and at the materiality of the professional judgment of the verifier.
Bechtel has made improvements to their processes for developing the Report and collecting data to be included, most notably providing additional information regarding the scope of environmental and safety data in the Report.
As Bechtel’s processes for report development and data collection continue to evolve and improve, LRQA recommends the following to ensure material issues are considered for reporting and to increase the accuracy and reliability of data and information disclosed in future reports:
- Updating the Ecological Footprint Procedure 2014 to improve instructions to the data reporters and QA/QC reviewers;
- Expanding the materiality review process to ensure stakeholder interests are addressed; and
- Reviewing company-wide performance data currently being shared in the report and the rationale for selection of this subset of data.
LRQA Lead Verifier
On behalf of Lloyd’s Register Quality Assurance, Inc.
LRQA reference: RMA10199A
Dated: September 16, 2016
Lloyd’s Register Quality Assurance Limited, its affiliates and subsidiaries and their respective officers, employees or agents are, individually and collectively, referred to in this clause as the ‘Lloyd’s Register Group’. The Lloyd’s Register Group assumes no responsibility and shall not be liable to any person for any loss, damage or expense caused by reliance on the information or advice in this document or howsoever provided, unless that person has signed a contract with the relevant Lloyd’s Register Group entity for the provision of this information or advice and in that case any responsibility or liability is exclusively on the terms and conditions set out in that contract.
The English version of this statement is the only valid version. The Lloyd’s Register Group assumes no responsibility for versions translated into other languages.