OUR RESPONSIBLE DEVELOPMENT AND ETHICS
CSR responsibilities have formed an integral part of the Naval Group project from the outset. It is a heritage that the group cultivates with the aim of serving all its stakeholders. Naval Group is first and foremost a community of men and women drawn together by a common vision, sharing a sense of responsibility towards the company for which they work. This responsibility is particularly expressed through the group’s values, namely a spirit of conquest, rigour, trust, commitment and respect.
For the first time in its history, Naval Group decided in 2013 to place the same importance on responsible development as on growth and profitability, as three of its objectives for the coming years. The group also joined the United Nations Global Compact in 2014, thus affirming its adherence to a global community of companies committed to upholding human rights, labour standards, the protection of the environment and the promotion of joint anti-corruption principles.
Naval Group has been a member of the United Nations Global Compact since June 2014. Naval Group is committed to achieving progress towards compliance with the 10 fundamental principles in the areas of human rights, labour standards, the environment and anti-corruption, and to report each year on the progress it has made.
At the Paris climate conference in December 2015, Naval Group gave an account of the progress it has made in protecting the marine environment. Naval Group provided information on the actions it is taking in line with the 2015-2020 national strategy for a ecological transition towards sustainable development.
Naval Group participated in the peer review organized by the Global Compact France network in April 2017. The actions realized by the group have enabled it to be recognized for the third year at the Global Compact Advanced level.
For the first time in 2016, Naval Group wanted to conduct a study on the socio-economic impact of the group on the agglomeration of Cherbourg, France and entrusted this approach to an independent consulting firm. In 2017, this study on the group’s socio-economic impact was extended to an environmental footprint study for all French sites. A summary of this study will be published in the 2017 Financial Report.
The UN Global Compact’s 10 principles
- Principle 1 Businesses should support and respect the protection of internationally proclaimed human rights; and
- Principle 2 Make sure that they are not complicit in human rights abuses.
- Principle 3 Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining;
- Principle 4 The elimination of all forms of forced and compulsory labour;
- Principle 5 The effective abolition of child labour; and
- Principle 6 The elimination of discrimination in respect of employment and occupation.
- Principle 7 Businesses should support a precautionary approach to environmental challenges;
- Principle 8 Undertake initiatives to promote greater environmental responsibility;
- Principle 9 Encourage the development and diffusion of environmentally friendly technologies.
- Principle 10 Businesses should work against corruption in all its forms, including extortion and bribery.
Structured around theEthics, Compliance and Governance Department and the Ethics & Corporate Social Responsibility Committee, the group’s ethics CSR policy is based on the three pillars of CSR – economic development, social commitment and environmental issues. It is based on an ethical reference and a transparency on the actions taken, with regard to our sectorial activities (Defence and Energy).
In the interests of transparency and respectful of the regulations specific to the Defence and Energy sectors, the group regularly conducts independent audits, particularly in the areas covering non-financial rating, Ethics, Social and Societal concerns, the Environment and the CSR performance of its suppliers.
Ethics & Corporate Social Responsibility Committee
The Ethics & Corporate Social Responsibility Committee sets the general guidelines on ethics and corporate social responsibility and makes sure that good practice is implemented within the group. It gives an account of its action to the Chairman and Chief Executive Officer.