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2013-vinci-annual-report

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Our Group is multi-local<br />

and multi-cultural<br />

We are proficient at<br />

working in partnerships<br />

GROUP / SUSTAINABLE DEVELOPMENT 23<br />

environmental value. Similarly,<br />

we measure our performance<br />

by the extent to which our<br />

projects blend into the fabric of<br />

local communities and<br />

contribute to social and<br />

economic development.<br />

We believe in<br />

humanistic values<br />

VINCI believes that lasting<br />

economic success must be<br />

based on an ambitious human<br />

project. Trust, respect,<br />

solidarity, the primacy of<br />

people over systems and the<br />

simultaneous recognition of<br />

individual initiative and<br />

teamwork – the fundamental<br />

principle of the worksite – are<br />

central to our identity as a<br />

group of entrepreneurs.<br />

These principles guide our<br />

actions and conduct, and serve<br />

as inspiration for our managers<br />

and organisations.<br />

Our management model<br />

ensures our cohesion<br />

Apart from the diversity of its<br />

businesses, employees and the<br />

regions where it operates, VINCI<br />

differs though a unique<br />

management style that drives its<br />

growth and underpins its<br />

cohesion. This model is based on<br />

decentralised organisations,<br />

business unit autonomy and<br />

manager empowerment. The<br />

trust placed in our managers is<br />

inseparable from their compliance<br />

with the inviolable<br />

principles of loyalty and<br />

transparency. Placing precedence<br />

on human intelligence<br />

rather than systems, this model<br />

encourages each employee to<br />

give of their best and each<br />

company to adapt to its evolving<br />

markets. Networking teams and<br />

skills encourages an exchange<br />

between businesses and a<br />

project-based approach.<br />

VINCI consists of more than<br />

2,100 companies operating in<br />

some 100 countries. We have<br />

stepped up our international<br />

expansion in recent years and<br />

will drive it further in the years<br />

ahead. We build momentum by<br />

making the most of the strong<br />

and lasting roots we have put<br />

down in the countries where<br />

we operate, by recruiting and<br />

training local managers, and<br />

by respecting each country’s<br />

culture. As partners in local<br />

development, our companies<br />

and activities directly and<br />

indirectly help create wealth<br />

and jobs.<br />

Our business model<br />

focuses on the long term<br />

VINCI is steeped in the history<br />

of companies founded over a<br />

century ago and in a culture of<br />

builders forming an integral<br />

part of its identity. Our businesses<br />

are by definition long<br />

term in their focus. The infrastructure<br />

and facilities we<br />

design, finance, build and<br />

manage are intended to last.<br />

In our concession contracts we<br />

undertake to serve regions and<br />

communities for periods of<br />

several decades. Each year, we<br />

invest very substantial sums in<br />

building or upgrading facilities<br />

and infrastructure that<br />

contribute to the sustainable<br />

development of cities and<br />

regions. This is our understanding<br />

of our position as a<br />

private-sector company<br />

serving the public interest.<br />

Our projects involve a wide<br />

variety of stakeholders within<br />

our industry, our customers’<br />

sectors and society at large, so a<br />

sense of partnership is part of<br />

our culture. This approach and<br />

way of working are in keeping<br />

with the changes to our<br />

markets and clients, which<br />

increasingly demand comprehensive<br />

solutions. This trend<br />

encourages us to focus more<br />

squarely on our ability to<br />

integrate solutions by boosting<br />

operational synergies between<br />

our companies and with our<br />

partners in order to maintain<br />

our leadership by increasing<br />

our projects’ added value and<br />

social and economic benefits.<br />

(*) These pages make up the first section of<br />

the VINCI Sustainable Development Report.<br />

The second part (see p. 156-184) provides<br />

a comprehensive overview of the Group’s<br />

workforce-related, social and environmental<br />

data in accordance with applicable legislation.<br />

All this data, as well as a selection of best<br />

practices, can also be consulted on the<br />

<strong>vinci</strong>.com website.

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