VALEO, ACTING FOR SUSTAINABLE GROWTH
VALEO WORKS IN CONSTANT CONTACT WITH ITS VARIOUS STAKEHOLDERS TO FOSTER SUSTAINABLE DEVELOPMENT, SETTING AMBITIOUS GOALS
SUSTAINABLE DEVELOPMENT, CENTRAL TO VALEO’S RELATIONS WITH AUTOMAKERS
Valeo places sustainable development at the center of its relations with customers. Valeo has a relevant, structured approach to sustainable development that is an important part of business relationships based on trust and transparency. The Group is able to provide credible responses to automakers’ demands concerning both its own activities and those of its suppliers located further up the value chain. Since setting up a dedicated function in 2010, Valeo has put in place a special dialog on sustainable development with certain customers, based on validation of its sustainable d e v e l o p m e n t a p p r o a c h a n d p e r f o r m a n ce and verification of the practices of a significant selection of tier-one suppliers. Since January 2016, automakers’ teams have also begun performing sustainable development audits at Group sites.
IN THE AREAS OF RESEARCH AND DEVELOPMENT, SITE ENVIRONMENTAL FOOTPRINT MANAGEMENT, HUMAN RESOURCES AND CORPORATE CITIZENSHIP
AN APPROACH BUILT ON TRANSPARENCY
VALEO / 2015 ACTIVITY AND SUSTAINABLE DEVELOPMENT REPORT
In recent years, Valeo has stepped up communications on its sustainable development policy, which focuses on the excellence of the Group’s products and how they contribute to low-carbon mobility. In doing so, it meets a growing demand from employees and from automaker customers. Building on automaker requirements and following validation of the strategy by the Board of Directors, in 2014 the Group started to develop a materiality matrix which was rolled out in 2015.