Corporate Responsibility and Sustainability

Stakeholder Relationships

Managing our business relationships

We define our stakeholders as the people and groups who influence or have an interest in our business.

Engaging with our stakeholders helps us identify the issues most important to them and develop mutually beneficial relationships. Understanding their issues informs our materiality process, the challenges we focus on and our overall CR&S strategy. We share our approach and progress with our key stakeholders and seek their opinions and feedback to inform the continued development of our strategy.

We have summarised the stakeholder groups we engage with and their relevant issues below. Click on these links for further information on our strategy and the material issues and challenges we focus on.

Our Stakeholders

1. Customers

Customer feedback influences our product and service delivery. We engage on issues such as technological innovation, quality, cost and delivery, through-life costs, ethics and supply chain management including social and environmental risks and opportunities.

2. Regulators

Cobham recognises that its operations and activities have social, economic and environmental impacts. These impacts are becoming the focus of legislation in countries in which we operate and we will continue to ensure legal compliance.

3. Governments

National governments are some of the largest end users of our products and services and we engage regularly through our government affairs teams and industry association memberships to ensure we understand their priorities. Future military spending, contribution to local communities and contribution to technological innovation are all important engagement issues.

4. Employees

Engagement with employees is important for retention and productivity of high performing people. We communicate and engage on our strategy, ethics, health and safety, environment, talent and career development, diversity and inclusion, and community involvement.

5. Industry bodies

We meet regularly with our peers to gain industry insights, share good practice, understand the impacts of current and pending legislation, engage in industry environmental initiatives, as well as understand and input into the industry’s position on key issues.

6. Local communities

We engage with local communities through our communication materials and charitable support. Key issues for us are around STEM, job creation and overarching licence to operate.