technicolor - 2019 Universal registration document
DISCLOSURE ON EXTRA-FINANCIAL PERFORMANCE CORPORATE SOCIAL RESPONSIBILITY’S CHALLENGES OF THE GROUP
The importance of each CSR challenge for the Group was determined by assessment and dialogue based on: the operational, the business, and the reputational impacts on the • Group (the most important across the 3 business divisions, as the impact of any single CSR challenge on a business division may differ widely from one issue to the next); the likelihood of occurrence; • the likelihood of generation of risk by the Supply Chain (suppliers and • subcontractors). The approach to sustainability 5.1.4 GRI [102-43] Technicolor’s approach to sustainability relies on 3 pillars: Attracting and developing a diverse talent pool of creative • individuals. Creative industries require significant diversity of imagination, experience, culture, and profiles to stimulate innovative ideas and visual creations in order to bring to life the ideas of project directors (film, series, games…) or advertising agencies. Developing the skills of talented creatives on a continuous basis to keep them at the state of the art is another permanent challenge. Enabling sustainable content distribution. • Content distribution requires energy in all cases: energy consumption based on the raw materials used within and by • manufacturing and distribution operations of physical media, energy consumption of products (Set-Top Box and modems) used • for digital distribution and raw material of these products during production and the associated waste at end of life. At the same time, video content resolution increases regularly, leading to associated increases in the volume of data to deliver and the energy required to do it.
The importance for the Stakeholders was determined based on: the focus of customers’ requests per CSR issue; • the feedback from employees; • the focus of questions and alignment with subjects judged important • by CSR rating agencies.
Innovation in electronic product design and in video technologies must support energy efficiency of Set-Top Box together with improved video performances and resolution. The improvement of physical distribution networks, of logistic resources, the reduction in volume of packaging, and improvements in recyclable waste must provide a reduction of the environmental footprint of physical media. Ensuring a safe and healthy work environment throughout the • supply chain. All workers, our employees but also the employees of our suppliers, must be able to work freely in a safe, secure, and healthy environment, with decent wages and working hours, without discrimination and harassment. Recurrent activity cycles and project management principles in our business require significant flexibility from employees but also recruitment of temporary employees to offset peak production periods while maintaining quality. In a competitive labor market, long-term relationships and commitment from employees are key to worker retention and satisfaction, and a safe and healthy work environment is a driver.
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TECHNICOLOR UNIVERSAL REGISTRATION DOCUMENT 2019 149
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