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Sustainable development 57<br />

Commitments and Management<br />

Expansion of Steering Committee<br />

The Sustainable Development Department has a dedicated Steering Committee to coordinate<br />

and encourage a collective and participative approach. The Steering Committee was expanded in 2011<br />

to get more managers involved in <strong>the</strong> implementation of a sustainable development policy within <strong>the</strong>ir<br />

teams. Its tasks include <strong>the</strong> definition and follow-up of action plans, <strong>the</strong> analysis of business reports and<br />

<strong>the</strong> drawing up of a 3-year action plan to submit to <strong>the</strong> Group Executive Committee.<br />

The Group's commitments in terms of sustainable development are becoming a reality, with regular<br />

progress made in social, corporate and environmental issues. This progress is measured by monitoring<br />

,<br />

indicators, which are <strong>the</strong>mselves subjected to testing by external auditors, with <strong>the</strong> aim of ensuring<br />

transparency and credibility.<br />

TURNING WORDS<br />

INTO ACTIONS<br />

Formalised integration in Group processes<br />

The principles of sustainable development are an integral part of <strong>Groupe</strong> SEB's fundamental<br />

processes. The Internal Audit department has drawn up a checklist based on Global Compact and has<br />

access to <strong>the</strong> annual Human Rights self-assessment (HRCA Quick Check* and CBSSC*) results. This data<br />

is systematically reviewed during audits. In 2011, <strong>the</strong> Strategy Department decided to include questions<br />

on sustainable development in studies carried out prior to acquisitions. This was inspired by <strong>the</strong> HRCA<br />

Quick Check*.<br />

External audit and openness<br />

In anticipation of French regulations, in 2011 <strong>Groupe</strong> SEB asked PWC to carry out a mock<br />

audit of its sustainable development reporting (using 2010 data). This initial external review allowed us<br />

to validate <strong>the</strong> relevance and reliability of a selection of social and environmental indicators. On <strong>the</strong><br />

strength of <strong>the</strong>se results, <strong>Groupe</strong> SEB asked PWC to certify its sustainable development data for 2011.<br />

In general, <strong>the</strong> Group pays a great deal of attention to <strong>the</strong> advice of its external stakeholders and<br />

incorporates this in its actions, in particular within <strong>the</strong> Diversity Committee (LICRA* permanent member)<br />

and to prepare <strong>the</strong> Code of Ethics.<br />

*see glossary p 84

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