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Corporate Social Responsibility
LISI 2014FINANCIALREPORT
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3.2.2Partnershipandsponsorshipactivities
TheLISIGroup isamajor economicplayer inall areaswhere itoperates.
It thus contributes to local employment and to local and regional
development. A significant number of employees also contribute to
the dynamism of associations, clubs, clusters, networks and other
professionalorganizations.
Such professional organizations include the GIFAS (the Group of
French Aerospace Industries) for LISI AEROSPACE, AFFIX (Association
of Manufacturers of Mechanical Fasteners) and DSV (Deutsche
Schraubenverband) for LISI AUTOMOTIVEandSNITEM (National Union
ofthe IndustryofMedicalTechnology) forLISIMEDICAL.
LISI is also regularly involved in networks to help 2nd and 3rd level
suppliers develop by sharing best practices in terms of industrial
excellence, as is the case, for example, with the Vehicle of the Future
Segment (segmentofexcellence in theautomotive industry)or theClub
ofCEOsoftheSouth.
Inaddition,LISIencourageslocalpartnershipsandexchanges,particularly
thedevelopmentof close relationshipswithschools,universitiesand the
top colleges (Engineering,Management, etc.) Inorder to anticipate, for
eachDivision,thefuturerequirements intermsofemploymentandskills.
More specifically in France, the sites collaborate closely with the AFPI,
the UIMM and 'Pôle Emploi' (Job Center) to implement Operational
Preparation for Employment processes, andwith the local ADEFIMS in
ordertooptimizethe financingofthetrainingactions.
3.3
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Subcontractorsand suppliers
The LISI Group is part of a "win - win" sustainable partnershipwith its
suppliersandsubcontractorstoensuremutual, long-termsuccess.
Aside from economic considerations (quality, competitiveness and
continuous improvement), the Suppliers Charter established by the
Groupdictatesthetermsofpartnership inaccordancewiththeprinciples
of ISO 14001, which are addressed during audits for selecting new
suppliers.
The approval and implementation of the 10 principles of the United
Nations' "Global Compact" program (Corporate Social Responsibility
principlesthat includeHumanRights,LaborStandards,Environmentand
theFightagainstBribery)arealsomentioned intheSuppliersCharter.
TheGroup's Purchasing Policy includes a section on ethics, sustainable
development and corporate responsibility, with the application of the
"Global Compact" principles and the requirement for ISO 14001 and
OHSAS18001certification, inparticular forourstrategicsuppliers.
3.4
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Loyal practice
3.4.1Actionstakentopreventbribery
The LISI Group has built its growth on compliance with laws and
best practices. Each division is responsible vis-à-vis the Group's
Senior Management for the proper performance of its subsidiaries
and employees. Relationships with third parties are dictated by the
Group's scoping procedures, which are implemented by the Divisions
through thedisseminationofDivision-specificprocedures. Forexample,
LISI disseminates and updates a Purchasing and Supplier Relations
procedure, which specifies for example the limits and authorization
thresholds fordonationsandgifts.
TheGroup'semployeesare trainedonbusinessEthics throughaspecific
module. In addition, the Supplier Charter that complies with the
principles set out in the United Nations' Global Compact program, is
widelydistributedtoallLISIstakeholders.
3.4.2Actiontakeninfavorofthehealthandsafetyofconsumers
Although certainpartsproducedby theLISIGroupmayhavean impact
on the safetyof theendconsumer, LISIoperatesqualitycontrol systems
enabling it tomeet the requirements of its customers and therefore to
guarantee that all measures are taken to guarantee this safety for the
enduser.
3.5
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Humanrights
3.5.1Actiontakeninfavorofhumanrights
The LISI Group has joined the Global Compact. The first and second
principlesoftheGlobalCompactconcerningHumanRights,namely:
1. Businesses should support and respect theprotectionof international
lawonhumanrightswithintheirsphereof influence;and
2.Theyshouldensure that theirowncorporationsarenotaccomplicesof
humanrightviolations.