2016-2020 PERFORMANCE OBJECTIVES
Based on the results achieved during the last three environmental performance plans and the scope for improvement identified, Valeo intends to continue reducing its environmental footprint through 2020. The Group has set itself the following objectives for the 2016-2020 period: • 6% reduction in water consumption; • 8% reduction in energy consumption; • 5% reduction in waste production; • 8% reduction in direct and indirect greenhouse gas emissions; • 20% of sites certified ISO 50001 (energy management).
external audits to assess compliance with Group directives and certifications, along with self-evaluations and cross-site verification audits performed by site Health, Safety, Environment (HSE) managers. As of the end of 2015, 98% of Valeo sites had obtained ISO 14001 environmental certification and 94% OHSAS 18001 health and safety certification. ACTIVELY MANAGING ENVIRONMENTAL PERFORMANCE Valeo measures its environmental performance using a centralized reporting tool called Valeo Risk Indicators (VRI). Over 200 indicators are collected, on a quarterly or sometimes annual basis. Responses from the sites are then consolidated and undergo in-depth verification by an external service provider, with nearly 100,000 data items processed and validated each year. In 2015, the response rate per indicator was 100% for most indicators published. In accordance with the Grenelle 2 law, an independent third party was commissioned to verify the 2015 disclosures, auditing several sites in South Korea, Spain, the United States, France, Hungary and Thailand. REDUCING ENERGY CONSUMPTION For years, electricity and natural gas have been the two main sources of energy used by Valeo sites, accounting for nearly 98% of total consumption. The Group’s efforts to optimize energy are paying off, with energy consumption as a proportion of sales down 9% in 2015 compared with 2014. The decrease was evenly split between direct and indirect energy, and the downward trend