LEGRAND / 2018 Registration document
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FOR LONG-TERM GROWTH
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MAKE OUR COMMITMENT A LEVER OF PROGRESS FOR SOCIETY, PEOPLE AND ENVIRONMENT
Performance management and oversight CSR performance is managed and overseen by the CSR Department, which relies on a network of 300 correspondents working in the Group’s subsidiaries. CSR priorities are applied by the Group’s various entities. A specific governance structure is in place and the social responsibility committee is in charge of ensuring consistency between the CSR priorities and Group strategy. There is a quantitative target for each roadmap priority, measured using consolidated indicators on which an independent third-party organization provides a reasoned opinion. The Group reports on its extra-financial performance every year, and it is one of the criteria determining the compensation of Group executives and decision-makers (CEO, members of the Executive Committee, country managers, Strategic Business Unit managers etc.).
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A strategy integrated in the business model and aligned with global issues For many years, the Group’s CSR approach has been an integral part of the Legrand business model and has supported its sustainable, profitable growth. The CSR roadmap, first published in 2007, is a place where the Group’s business activities, strategy and global challenges meet. It represents a commitment by the whole organization: all subsidiaries and entities are stakeholders in the CSR strategy and they implement it globally.
Developed jointly with stakeholders
NGOS AND CHARITABLE ORGANIZATIONS
CUSTOMERS
EMPLOYEES AND TRADE UNIONS
CIVIL SOCIETY
The CSR strategy, which is formalized in the CSR roadmap, addresses the Group’s main Environmental, Social and Governance (ESG) issues risks and issues, identified partly through a materiality survey carried out among stakeholders (3,700 respondents) and partly through the Group’s risk mapping efforts.
S I G N IF I C A N T S T A K E H OL D E R GR O U P S F O R LE GR A N D
SUPPLIERS AND SUBCONTRACTORS
SHAREHOLDERS
FINANCIAL COMMUNITY
SCIENTIFIC COMMUNITY, INDUSTRY AND EDUCATION SECTOR
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LEGRAND
2018 REGISTRATION DOCUMENT
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