ContentsChapter 1 - Introduction<strong>2012</strong> <strong>Responsible</strong> <strong>Business</strong> <strong>Report</strong> -XX CHAPTER 1<strong>CWT</strong> and <strong>Responsible</strong> <strong>Business</strong>A comprehensive approachxx About this reportxx President & CEO’s messagexxxx UN Global Compactxx <strong>CWT</strong> and <strong>Responsible</strong>xx <strong>Business</strong>Created in <strong>2012</strong>, the<strong>CWT</strong> <strong>Responsible</strong><strong>Business</strong> team coversall aspects of CorporateResponsibility. Theteam’s mission is first to define andcoordinate an overall corporatestrategy, and subsequently tolaunch the appropriate initiativesto implement it. The objectiveis to transition to a structured,comprehensive approach companywideand to instill corporateresponsibility at the core of ourbusiness. Achieving this goal willinvolve for example the creation ofa network of <strong>Responsible</strong> <strong>Business</strong>contributors and ambassadorsthroughout the company’s variousdepartments and regions, as wellas a <strong>Responsible</strong> <strong>Business</strong> steeringcommittee.To evaluate the <strong>Responsible</strong><strong>Business</strong> challenges facing thecompany, <strong>CWT</strong> has identified thoseissues which represent the mostsignificant risks and opportunitiesfor both the company and itsstakeholders. This “materialityanalysis,“ conducted in <strong>2012</strong>,lays the groundwork for <strong>CWT</strong>’s<strong>Responsible</strong> <strong>Business</strong> strategy.It takes into account emergingRB trends, regulatory issues,environmental and societal concernsand stakeholder expectations. Itincludes input from customers,peer reports, industry and tradeassociation studies, benchmarksand interviews with both internal andexternal stakeholders. Internationallyaccepted standards and practiceshave also been taken into account,including the ISO 26000 standard,the Global <strong>Report</strong>ing Initiative and theUN Global Compact Ten Principle.With the groundwork completed,<strong>CWT</strong> is now setting priorities forvarious RB challenges. At thesame time, a dashboard is beingestablished to manage the processwith all our internal stakeholdersand to measure progress over time.Particular attention is being paid tomeeting stakeholder expectations,which are increasingly high.In many places, <strong>CWT</strong> employeeshave already implemented solid RBpractices and undertaken noteworthyRB initiatives. We will build uponthese valuable achievements byexpanding and sharing them acrossthe company and around the world.Our objective is to instill <strong>Responsible</strong><strong>Business</strong> behavior at the core of ourday-to-day activities and to transitionto a structured, comprehensiveapproach company-wide.Françoise Grumberg, Senior Director,Global <strong>Responsible</strong> <strong>Business</strong>We at <strong>CWT</strong> are fully cognizant of our responsibilities to all ofour stakeholders, from employees and clients to partners andthe communities where we do business. As we move forward,one of our key <strong>Responsible</strong> <strong>Business</strong> goals is to continue todevelop programs and services to ensure that stakeholders’sustainability expectations are tracked and addressed.Copyright © 2013 <strong>CWT</strong>10
ContentsChapter 1 - Introduction<strong>2012</strong> <strong>Responsible</strong> <strong>Business</strong> <strong>Report</strong> -XX CHAPTER 1<strong>Responsible</strong> <strong>Business</strong> governancexx About this reportAt <strong>CWT</strong>, <strong>Responsible</strong> <strong>Business</strong> is a business imperative. It is how we operate - with full attention to ethics,respect for our people and for the environment, while taking into account our customers’ and otherstakeholders’ expectations. Our executive team oversees <strong>Responsible</strong> <strong>Business</strong> issues, providing impetus,setting broad strategy and following progress through regular updates.xx President & CEO’s messagexxxx UN Global Compactxx <strong>CWT</strong> and <strong>Responsible</strong>xx <strong>Business</strong>The position of Headof Global <strong>Responsible</strong><strong>Business</strong> was createdto ensure a comprehensiveapproach to<strong>Responsible</strong> <strong>Business</strong>. It reports tothe EVP Global Human Resourcesand serves as the central coordinatorfor all <strong>Responsible</strong> <strong>Business</strong> efforts.The position consists in definingstrategic direction and developingspecific programs and initiativesacross the company, in partnershipwith experts in <strong>Responsible</strong><strong>Business</strong> areas and representativesof the corporate functions andthe three geographical Regions.A <strong>Responsible</strong> <strong>Business</strong>governance, reflecting thecompany’s matrix organization,will manage <strong>Responsible</strong><strong>Business</strong> programs and initiatives,track progress and share bestpractices.Douglas AndersonPresident & CEOHåkan EricssonPresident Americas (incl. NorthAmerica and Latin America)Jerry HoganEVP & General CounselJean-Luc DucheminEVP Global Human ResourcesGlobal<strong>Responsible</strong><strong>Business</strong>DirectorExecutive TeamKelly KuhnPresident Asia PacificPierre MiletEVP & CFODavid MoranEVP Global Marketing andEnterprise StrategyKevin O’ConnorEVP & Chief Information Officer<strong>Responsible</strong><strong>Business</strong>Ambassadorsper Region<strong>Responsible</strong><strong>Business</strong>Ambassadorsper CorporateFunctionBerthold TrenkelEVP <strong>Travel</strong>er& Transaction ServicesCathy VossEVP Global Program Solutionsand Meetings & EventsAndrew WallerPresident EMEA and GlobalPartners NetworkExperts ineach of the<strong>Responsible</strong><strong>Business</strong>domainsCopyright © 2013 <strong>CWT</strong>11