Code of Business Ethics
Our seven core Values provide the basis for our rules of conduct within our teams: Honesty, Boldness, Trust, Freedom, Solidarity/Team Spirit, Modesty and Fun. Today, these values are at the heart of our identity as a socially responsible company. They shape our sustainable ethical culture and encourage a mindset which encompasses integrity and ethical behavior.
Guided by our seven core values, our Code of Business Ethics comprises the following sections:
People: Health, safety, equality and open dialogue
Business Integrity: Fair competition; institutional anti-bribery and anti-corruption measures; and an avoidance of conflicts of interest
Business Relationships: Close collaboration with clients, partners and suppliers
Group and Third-Party Assets: Guarding intellectual property and confidential information, alongside the appropriate use of third-party assets and resources
Responsible Citizenship: Contributing to communities and minimizing impact on the environment
Loyalty, integrity, uprightness, a complete refusal to use any underhanded method to help win business or gain any kind of advantage. Neither growth nor profit nor independence have any real worth unless they are won through complete honesty and probity. And everyone in the Group knows that any lack of openness and integrity in our business dealings will be penalized at once.
Which implies a flair for entrepreneurship and a desire to take considered risks and show commitment (naturally linked to a firm determination to uphold one’s commitments). This is the very soul of competitiveness: firmness in making decisions or in forcing their implementation, an acceptance periodically to challenge one’s orientations and the status quo. Boldness also needs to be combined with a certain level of prudence and a particular clear sightedness, without which a bold manager is, in reality, merely dangerously reckless.
Meaning the willingness to empower both individuals and teams; to have decisions made as close as possible to the point where they will be put into practice. Trust also means giving priority, within the company, to real openness toward other people and the widest possible sharing of ideas and information.
Which means independence in thought, judgment and deeds, and entrepreneurial spirit, creativity. It also means tolerance, respect for others, for different cultures and customs: an essential quality in a Group of over 180,000 people of around 44 different nationalities.
Meaning team spirit, friendship, fidelity, generosity, fairness in sharing the benefits of collective work; accepting responsibilities and an instinctive willingness to support common efforts when the storm is raging.
That is simplicity, the very opposite of affectation, pretension, pomposity, arrogance and boastfulness. Simplicity does not imply naivety (simple does not mean simpleton!); it is more about being discreet, showing natural modesty, common sense, being attentive to others and taking the trouble to be understood by them. It is about being frank in work relationships, loosening up, having a sense of humor.
Means feeling good about being part of the company or one’s team, feeling proud of what one does, feeling a sense of accomplishment in the search for better quality and greater efficiency, feeling part of a challenging projects.