Etex-AR2017-WEBSITE

1.3
About Etex
Our three-pillar agenda
Etex Annual Report 2017
About Etex
Our three-pillar agenda
Engaged
people
Step-by-step transformation
In continuing to embrace digital
transformation, we made progress toward
moving our entire IT infrastructure to a
cloud-based platform. Our IT teams also
completed the first-phase rollout of Office
365 to all users. Not only has this put users
on a common platform, it has created an
active digital support community.
Even more, various newly launched website
and mobile applications engage customers
and provide detailed metrics to our sales
and marketing teams. Shared internal
platforms and applications powered by
common content ensure that our local
sales teams always have up-to-date and
relevant content at their fingertips.
Finance and tax
Financial operations are managed on
company, division and corporate level. This
set-up partners Etex’s corporate structure
with our divisions to provide streamlined,
relevant and up-to-date financial insights
that support our three-pillar agenda.
We also aligned our finance and tax
processes with Etex’s global divisional
structure. To combine profitable growth
with a transparent role as a responsible
corporate citizen, the key principles
governing our global tax strategy are:
• well-defined policies for tax
risk management;
• thorough risk assessments before
entering any tax planning strategy;
• full compliance with all
statutory obligations;
• good relations with tax authorities.
We proactively manage our tax affairs
and seek to maximise shareholder value in
accordance with applicable law.
A new legal community
Throughout 2017, we built a robust legal
organisation for greater visibility into
compliance and risk assessment.
We adopted a group-wide anti-bribery
and corruption policy and put dedicated
resources into place to ensure Etex is
compliant with the General Data Protection
Regulation by May 2018.
Passion for Excellence, Connect and Care
and Pioneer to Lead: our three values
are becoming ever more visible across
our company. Our values act as guiding
principles across the organisation. We are
starting to see strong alignment on finding
common value that supports our objective
to build one Etex culture.
Creating a workplace that challenges
and engages employees is how we help
them develop their potential and achieve
success. We look to our leaders to drive
breakthrough performance and create
strong and enthusiastic teams with
a competitive edge. Developing their
leadership skills and talent remains an
important focal point for the future.
Safety is key
Every single employee should go home
safely at the end of each day. Our zero
accident target is testament to this
commitment. To further this pledge,
this year, we put a particular focus on
improving behavioural safety. A range of
safety initiatives and programmes remain
high on our safety agenda, reinforced by
our three-pronged safety strategy for safe
machines, procedures and behaviours.
ppIn 2017, we increased our focus to
improve safe behaviour through accountable
leadership by training 6,000 employees in
SafeStart and by training all managers to
deliver quality safety conversations.
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