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1.2<br />

About <strong>Etex</strong><br />

Our stakeholders<br />

<strong>Etex</strong> Annual Report 2017<br />

About <strong>Etex</strong><br />

Our stakeholders<br />

Our stakeholders<br />

From our shareholders and employees to our suppliers and customers,<br />

neighbours and trade unions: our stakeholders are the reason why we do what we<br />

do and strive to do it well. Our stakeholders help us determine the steps we take<br />

towards creating a sustainable future. Our aim is to provide them with reliable and<br />

relevant insights into the workings of <strong>Etex</strong>.<br />

Who’s who?<br />

Numerous people and<br />

organisations have a vested<br />

interest in <strong>Etex</strong>, each with their<br />

own expectations. To meet<br />

these, we have a defined set<br />

of commitments to our various<br />

stakeholders.<br />

External stakeholders<br />

Our commitment?<br />

To build and nurture<br />

sustainable relationships the<br />

most diligent way possible.<br />

Who?<br />

Architects, builders and<br />

building firms, distributors,<br />

contractors, installers,<br />

homeowners and specifiers.<br />

Commercial stakeholders<br />

Who?<br />

Local communities, NGOs,<br />

suppliers and the media.<br />

Our commitment?<br />

To cater to their needs with a<br />

technically and aesthetically<br />

superior offering, and empower<br />

them in creating the shelter<br />

that fits them best.<br />

Who?<br />

Shareholders, investors and<br />

financial institutions.<br />

Financial stakeholders<br />

Our commitment?<br />

To strike a balance between<br />

sustainable growth and profit.<br />

Who?<br />

Current and retired employees,<br />

job seekers, senior leaders and<br />

trade unions.<br />

Our commitment?<br />

To keep them safe, foster<br />

dialogue and help them grow<br />

professionally, personally and in<br />

terms of leadership.<br />

Internal stakeholders<br />

Keeping our stakeholders<br />

up to date<br />

At <strong>Etex</strong>, we aim to inform and engage<br />

in dialogue with our audiences in a<br />

transparent, meaningful way. We do this<br />

via several communication channels.<br />

Financial stakeholders<br />

Our shareholders are invited to <strong>Etex</strong>’s<br />

annual shareholders’ meeting to get the<br />

latest insights on the results and workings<br />

of our company. Twice a year, we hold an<br />

information forum for our banking partners.<br />

Customers<br />

Worldwide, our local businesses inform<br />

and interact with customers and suppliers<br />

and provide them with tailored content.<br />

Our largest suppliers are kept informed by<br />

our purchasing team at group level.<br />

To give just one example of a local<br />

customer interaction initiative, our<br />

Innovation and Technology Centres<br />

hold annual Innovation Days in Avignon<br />

and Tisselt. In 2017, over 120 customers<br />

gathered there to share ideas on how <strong>Etex</strong><br />

can innovate in line with their needs.<br />

Employees<br />

Our local companies have communication<br />

channels and employee representation<br />

structures in place to keep our employees<br />

up to date and ensure two-way<br />

information flows.<br />

At group level, we get in touch with our<br />

employees through our intranet platform<br />

espresso and our printed magazine <strong>Etex</strong><br />

World. The magazine is translated into<br />

12 different languages to inform our<br />

14,510 employees in 42 countries.<br />

Senior leaders<br />

To align on our strategic approach, goals<br />

and priorities, <strong>Etex</strong>’s senior managers from<br />

around the globe gather once a year and<br />

hold regular online meetings. This enables<br />

them to cascade important messages to<br />

their teams and throughout the organisation.<br />

Local communities<br />

We are confident that our local companies<br />

are best equipped to communicate<br />

openly with the communities in which<br />

they are present. We strive to empower<br />

them in organising charitable actions and<br />

fundraisers, projects to improve housing<br />

and working conditions and scholarship<br />

initiatives, to name a few.<br />

In addition, <strong>Etex</strong> is an official partner of<br />

Selavip, an international NGO that supports<br />

housing projects for the poor in Africa, Asia<br />

and Latin America.<br />

The media<br />

Local press contacts are kept informed<br />

by our companies in the field. Belgian<br />

journalists receive information from <strong>Etex</strong>’s<br />

corporate communication team.<br />

Corporate<br />

communication of<br />

global proportions<br />

To keep all our stakeholders<br />

informed on the latest news about<br />

<strong>Etex</strong> and its worldwide companies,<br />

we regularly update our corporate<br />

website at www.etexgroup.com.<br />

There is ample time for questions<br />

and feedback during meetings and<br />

events, and via info@etexgroup.com.<br />

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