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A N N U A L R E P O R T - Bouygues

A N N U A L R E P O R T - Bouygues

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BOUYGUES IMMOBILIER<br />

EDITORIAL<br />

THE CHALLENGES FACING BOUYGUES IMMOBILIER<br />

par François Bertière, Chairman and CEO<br />

Respect for the environment is an intrinsic part of <strong>Bouygues</strong> Immobilier’s<br />

business. In many communities we help to requalify land, for example when<br />

we redevelop a derelict industrial site or an inner city area. More than just<br />

housing, offices and shops, we aim to build our customers a genuine living<br />

environment.<br />

We have organised ourselves to anticipate future risks. Before each operation,<br />

we take particular care to analyse the soil and the environmental<br />

impact of our developments. The establishment of a new Research and<br />

Development department will also help us to come up with innovative and<br />

environmentally friendly solutions. We passed an important milestone two<br />

years ago when we started implementing our “AgirVert ® ” (Act<br />

Green) environmental scheme in a number of projects. The<br />

scheme prefigures the “Habitat and Environment” and “High<br />

Environmental Quality” certifications for residential and<br />

commercial developments respectively.<br />

As a contracting entity we play an important role in<br />

the social aspects of community life, since we give<br />

work to many players in the economy. We aim to<br />

optimise relations with our partners, for example<br />

by applying common purchasing policies. In 2005,<br />

we introduced quality-based referencing for subcontractors.<br />

Our long-term future also depends<br />

on integrating our employees into the company<br />

and securing their loyalty.<br />

As creators of living spaces, our mission is to provide businesses, people,<br />

and public and private services with the buildings that suit their needs.<br />

Our aim is to help make towns and cities more human. It is therefore our<br />

responsibility to offer products for all categories of customer. As well as<br />

working on developments that are more easily accessible to first-time<br />

buyers we are also anticipating the needs of future senior citizens, seeking<br />

the best-suited solutions.<br />

Since we listen to our customers, we are also attentive to all the stakeholders<br />

in every one of our projects, engaging in permanent consultation<br />

with elected officials, public bodies, local associations and residents.<br />

Our duty towards them, and towards our staff and<br />

shareholders, is to secure <strong>Bouygues</strong> Immobilier’s<br />

growth and long-term future while respecting<br />

our values. We seek to combine financial performance<br />

with respect for business ethics by<br />

keeping the risks involved in our activities under<br />

strict control.<br />

Reflecting this ongoing commitment, we shall<br />

soon be signing up to the United Nations Global<br />

Compact. More than just an instrument for development,<br />

it is also a source of progress for the<br />

firm. By drawing up a road map, we<br />

will set our action in the context<br />

of a comprehensive sustainable<br />

development policy. It must<br />

express our exacting demands<br />

for innovation and architectural<br />

quality. Our new logo and our<br />

new slogan are good illustrations<br />

of that strategy.<br />

Our business<br />

■ Key figures<br />

<strong>Bouygues</strong> Immobilier has 10 regional<br />

divisions in France and 1,026 employees<br />

at 32 sites located in the Paris<br />

region, the rest of France and Europe,<br />

covering 80 cities. Over 100 staff are<br />

employed in seven agencies in five<br />

countries outside France.<br />

■ At the service of our<br />

customers<br />

As a property developer, <strong>Bouygues</strong><br />

Immobilier’s business is to design,<br />

build and sell housing, office, leisure<br />

and commercial property.<br />

We acquire the necessary sites and<br />

carry out operations for our customers.<br />

Our ambition is to participate in<br />

the development of towns and cities<br />

and make them more human.<br />

Quality and certification<br />

Attentive to its customers at all times,<br />

<strong>Bouygues</strong> Immobilier organises, measures<br />

and assesses their satisfaction.<br />

Each year we carry out telephone<br />

surveys of our call centre’s activity<br />

and a survey of programme operations.<br />

In 2005, customer satisfaction<br />

levels rose to 72%. These criteria are<br />

taken into account when determining<br />

the performance-related part of<br />

regional managers’ pay. Concerned<br />

to ensure that its buildings are prop-<br />

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