2009 Reference document - Solvay
2009 Reference document - Solvay
2009 Reference document - Solvay
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3 Sustainable<br />
32<br />
Responsibilities and Sustainable Development<br />
Development Policy<br />
The Rhodia Group considers its long-term approach to sustainable<br />
development and awareness of the social and environmental<br />
consequences of its activities fundamental. This approach is<br />
described below.<br />
<strong>Reference</strong> Document Rhodia <strong>2009</strong><br />
The individual activity of the listed company Rhodia S.A. as a financial<br />
holding company (directly or indirectly holding all of the equity<br />
interests forming the Rhodia Group) is not likely to result in any<br />
notable social or environmental consequences. It does not engage<br />
directly in any operational or industrial activities.<br />
3.1 Sustainable Development Policy<br />
The overall performance of a company is the combined result of its<br />
technical, organizational, and commercial successes and its ability to<br />
assume social and environmental responsibility. This understanding<br />
guides the Group’s approach to Sustainable Development.<br />
Undertaken in 2000, as the continuation of the health, safety<br />
and environmental policy initiated more than 20 years earlier and<br />
endowed with a dedicated department since 2003, the Group’s<br />
approach to Sustainable Development is now one of the pillars of<br />
Rhodia’s identity.<br />
This approach is based on the Rhodia Way ® , the framework of<br />
reference for Rhodia’s responsibility, geared toward stakeholders<br />
(customers, employees, suppliers, investors, the environment and<br />
communities). Its implementation, which began in 2007, marks a<br />
major step in the Group’s commitment to Sustainable Development.<br />
This tool allows the managers of the different Departments<br />
and Enterprises to perform their own evaluation of their entity’s<br />
performance in terms of social and environmental responsibility,<br />
identify limitations and define the improvements to be made in a<br />
spirit of continual progress.<br />
Incorporated into the managerial process, the Rhodia Way ®<br />
framework seeks to raise the general level of responsibility for the<br />
Group’s practices through a dialogue involving all personnel to the<br />
greatest extent possible and including the external stakeholders<br />
concerned whenever necessary.<br />
The third self-evaluation cycle conducted in <strong>2009</strong> involved 100% of<br />
the Group’s target entities (industrial sites, business units, research<br />
centers and the departments of Purchasing, Finance, Legal and<br />
Public Affairs), representing 94% of the staff. Each entity determined<br />
its responsibility profile and defined a progress plan. The progress<br />
made with respect to these plans will be analyzed during the next<br />
evaluation scheduled for December 2010.<br />
Furthermore, for <strong>2009</strong>, the Group had PricewaterhouseCoopers<br />
review its Responsible Care ® (RC) reporting, as it did in 2008.<br />
Since the Responsible Care ® information reporting system is<br />
well-developed within the Group and its internal control system<br />
is well-structured (DRC 06), the level of verification requested of<br />
PricewaterhouseCoopers by the Group is moderate assurance on<br />
data (see Chapter 3.5 of this <strong>Reference</strong> Document).<br />
3.1.1 EXTERNAL AGREEMENTS EXPRESSING RHODIA’S COMMITMENT<br />
The commitments made by Rhodia with external partners are<br />
intended to strengthen and focus the Group’s progress objectives.<br />
These voluntary commitments go beyond simple statements of<br />
intent and are accompanied by measurements of the progress made.