Information Box Group
Credit Rating
| Strategic Indicators | Assessment |
| Credit Rating Target AA- or better | Achieved |
| DBRS | AA Stable |
| S&P | AA Stable |
Debt Policy Ratios
| Strategic Indicators | Assessment |
| Debt Management Policy Ratios | Achieved |
| Guideline | 2017/2018 | |
|---|---|---|
| Available expendable resources to debt | > 1.0 | 2.0 |
| Interest Coverage Ratio | > 3.25 | 12.7 |
| Available expendable resources as % of revenue | >15% | 50% |
| Liquidity | > 1 | 2.5 |
Investment Returns
| Strategic Indicators | Assessment |
| Investment Pool 4-year Annualized Return better than policy benchmark (March 2018: 6.7%) | Achieved (7.2%) |
| Salaried Pension Plans 4-year Annualized Return better than policy benchmark (March 2018: 7.3%) | Achieved (8.0%) |
| Hourly Pension Plan 4-year Annualized Return better than policy benchmark (March 2018: 6.0%) | Achieved (7.1%) |
Investment Pool Carbon Intensity
| Sustainability Indicator | Assessment |
| Investment pool carbon intensity less than policy benchmark carbon intensity
(April 30, 2018: Policy benchmark carbon intensity 178.5 tCO2e/$M invested) |
Achieved (142.0 tCO2e/$M invested)
Note: MSCI Global Equities Ex Fossil Fuels = 142.5 tCO2e/$M invested |
Processing & Support Turnaround
| Operational Indicators | Assessment |
| AP Processing- Expense Reports <1 Business Day | Achieved |
| AP Help Line Response <1 Business Day | Achieved |
| SP Approved Requisition Batching to PO Each Business Day (~10:30A.M. and ~2:30P.M) | Achieved |
| SP Purchase Order Issuance to Vendors Each Business day (~4:30) | Achieved |
| Requisition creation help: spreqbox@mcmaster.ca response time < 1 business day | Achieved |
MacBuy 5-Year Project
| Project Indicators | Assessment |
| Savings Target by 2025 $3.7M/Year (3rd Party Methodology) | Coming Soon |
| Procurement card payment settlements by AP $27M/Year in fiscal 2019 to grow by 20% by 2023 | Coming Soon |
| Reduced unit level time on procurement card reconciliations | Coming Soon |
| Help Line: macbuyhelp@mcmaster.ca response time <1 business day | Achieved |
| Supplier Contracts |
| Total Supplier Onboarded Fiscal 2019 TARGET: 18 ACTUAL: 18 |
| Total Supplier Onboarded Fiscal 2020 TARGET: 30 ACTUAL: Coming Soon |
| Total Supplier Onboarded Fiscal 2021 TARGET: 40 ACTUAL: Coming Soon |
Collaborative Spend
| Operational Indicator | Assessment |
| Fiscal 2019 Target greater than 15% | Coming Soon |
|
Fiscal 2018 Target greater than 15% |
Achieved (19.2%) |
|
Fiscal 2017 Target greater than 15% |
Achieved (20.6%) |
| Fiscal 2016 Target greater than 12% | Achieved (19.1%) |
|
Fiscal 2015 Target greater than 10% |
Achieved (16.0%) |