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We are committed to providing the highest standards of health and safety at our assets and expect our supply chain to support us in achieving this commitment by applying a responsible risk-based approach to the management of health and safety.


2018 saw a number of important projects safely completed in partnership with our contractors. This included practical completion of the first phase of the Lillie Square development and the Floral Court residential development in Covent Garden, and successful de-rigging of the heavy lifting crane, following completion of the demolition of the Earls Court Exhibition Centres. Construction of the next phase of the Lillie Square development is well-underway and the scheme continues to demonstrate the highest standards of health and safety. Capco takes a proactive approach to ensuring the highest standards of health and safety across the business with a focus on leading indicators. This saw over 150 inspections by both internal and external parties. Health and safety continues to be considered for new projects across the Group.

Capco continues to be a Client Partner of the Considerate Constructors Scheme (“CCS” or the “Scheme”), reflecting the Company’s commitment to ensuring that our contractors provide the highest standards of health and safety on Group construction projects. As a Client Partner, Capco encourages the contractors we engage to be registered with the Scheme. We expect compliance with all aspects of the Scheme’s Code on our registered sites. Capco is also a participating member of the Construction Clients’ Leadership Group.

In 2018, Capco received a Gold CCS Award for Lillie Square Phase 1.


At a Group level, the health and safety governance and reporting framework continue to function effectively across the business. The Sector Safety Leadership Teams (“SSLTs”) met regularly during the year to consider health and safety matters for each asset and to implement the Group’s Occupational Health and Safety Management System (“OH&SMS”) at operational level.

The SSLTs are overseen by the Group Safety Leadership Team (“GSLT”), which is chaired by our Chief Executive, who is also responsible for health and safety at Board level. The GSLT continues to review health and safety performance across the Group regularly throughout the year, and facilitate the sharing of lessons learnt and best practice across the management team. Health and safety is a standing item on the Board’s agenda and the Board receives regular formal reports on health and safety, summarising health and safety performance, risks and achievements across the Group.

In line with our OHSAS 18001 compliant OH&SMS, a detailed health and safety management review was undertaken during the year to ensure that the system remained appropriate and continued to operate effectively. Capco’s Group-wide major incident response plans were also tested and refreshed during the year.


A range of health and safety related training was provided across the Group in 2018, which included IOSH Managing Safely training for relevant employees. In addition, a number of employees received mental health first aider training, sessions on mental health awareness were held for employees, and health and safety awareness was promoted across the business.


No work-related employee fatalities were recorded in 2018 or since Capco’s inception. There was a total of three RIDDOR incidents reported across the Group during 2018. The AFR for Capco development projects at the end of 2018 stood at 0.13. We benchmark our development projects’ AFR against the Health and Safety Executive (“HSE”) Construction Industry Standard of 0.77. Capco’s Lost Time Incident Frequency Rate (“LTIFR”) for 2018 was 0.13. We have created heat maps to enable us to carry out trend analysis for near misses and minor injuries reported. This has allowed us to focus our resources on areas across where improvements can be made.

Copy as at 31 December 2018

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