Download the file. - Groupe SEB
Download the file. - Groupe SEB
Download the file. - Groupe SEB
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
1 factory in China.<br />
12 marketing companies.<br />
Supor – Wok<br />
GROUPE <strong>SEB</strong> commitment...<br />
A CORPORATE CITIZEN<br />
SEEKING SOLUTIONS WITH OTHERS<br />
As a signatory of <strong>the</strong> Global Compact, <strong>Groupe</strong> <strong>SEB</strong> attended <strong>the</strong><br />
UN Global Compact Leaders Summit held in Geneva in July 2007.<br />
Along with 1,000 o<strong>the</strong>r business leaders from around <strong>the</strong> world,<br />
it took part in discussions on corporate social responsibility<br />
(CSR) practices.<br />
<strong>Groupe</strong> <strong>SEB</strong> is a member of <strong>the</strong> IMS (‘Institut du Mécénat et de la<br />
Solidarité’), an association which supports business enterprises<br />
in carrying out <strong>the</strong>ir corporate social responsibility.<br />
CORPORATE AND SUSTAINABLE DEVELOPMENT REPORT 2007<br />
ASIA PROVES ITS POTENTIAL<br />
The smaller countries of Asia continue to expand thanks notably to<br />
<strong>the</strong> development of <strong>the</strong>ir distribution infrastructures. Today, we are<br />
building up our presence and brand reputation in <strong>the</strong>se territories<br />
which are relatively new for <strong>the</strong> Group. In Malaysia, for example, we<br />
broadened our offer to include irons and blenders, while consolidating<br />
positions in cookware. In Thailand, despite a slowdown in<br />
consumer spending, <strong>the</strong> Group made progress in steam irons.<br />
In Taiwan, we have increased our share of <strong>the</strong> cookware market.<br />
Finally, China is a fast-growing market and an essential element<br />
in <strong>the</strong> Group’s international expansion strategy. Our acquisition<br />
of a controlling stake in Supor puts us in a front-rank position to<br />
participate in <strong>the</strong> economic expansion of this country.<br />
SOUTH AMERICAN MARKET STILL BUOYANT<br />
Our South American operations reported an excellent year’s<br />
trading. Economic indicators for this continent are generally<br />
upbeat, even if <strong>the</strong> higher value of <strong>the</strong> Brazilian real continues to be<br />
a drawback.<br />
Brazil is seeing <strong>the</strong> emergence of a better-off middle class with<br />
higher spending power which is turning to specialist retailers and,<br />
increasingly, to hypermarkets. Arno continued to expand its sales<br />
in food-preparation equipment where we are gaining market share,<br />
as well as in fans, washing machines and coffee makers, while<br />
The Group participates in initiatives that seek to promote awareness of sustainable development among students<br />
in leading national institutes and universities, notably in France through <strong>the</strong> Dialogues Equation forum.<br />
It is also a partner in an educational pilot project on diversity run by <strong>the</strong> Paris Institute of Political Science.<br />
Under this scheme, some 100 high-school students from a deprived Paris suburb travelled to China in 2007 to<br />
get a first-hand idea of globalization. While <strong>the</strong>y were <strong>the</strong>re, <strong>the</strong> young people were taken on a visit to <strong>the</strong> SSEAC<br />
factory, a subsidiary of <strong>Groupe</strong> <strong>SEB</strong> in China.<br />
46