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CORPORATE AND SUSTAINABLE DEVELOPMENT REPORT 2007
Innovating today
for a better life tomorrow
Groupe SEB’s approach to sustainable development, fully in harmony with its corporate values, includes
working together with national and international partners concerned with these issues. The Group has
supported the UN Global Compact Initiative since 2003 and Europe’s CECED* Code of Conduct since 2005 when
it also became a signatory of the Diversity Charter in France.
* European Committee of Domestic Equipment Manufacturers.
GROUPE SEB commitment...
A FOUNDATION TO PROMOTE SOCIAL INTEGRATION
• return to employment;
MANAGING SUSTAINABLE DEVELOPMENT
The Groupe SEB Sustainable Development department coordinates,
motivates and manages a Group-wide participative effort in this
area. This effort is supported by a steering committee comprising
representatives of the main areas of Group activity. Since the end of
2007 sustainable development principles have been formally
integrated into the Group’s 14 main corporate functions.
The Group’s internal control unit has drawn up a list of monitoring
criteria based on the Global Compact, which it takes into account in
its internal audits. In 2007 it conducted its first review of sustainable
development indicators to ensure the reliability of reporting.
Groupe SEB has a long tradition of corporate sponsorship, notably in support of initiatives
to combat social exclusion. To coordinate its efforts in this area, it created the Groupe SEB
Corporate Foundation in June 2007. This body has a budget of €3 million over five years,
and it takes action in three main areas:
• social integration via improved living conditions;
• social integration via access to education and training.
The Foundation is overseen by a six-member Supervisory Board (including
two outside experts) and projects are selected by an Operations Committee of
11 members (including employees and labour delegates). Group employees
also help to identify projects and participate in the Foundation’s work.
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