CORPORATE RESPONSIBILITY •Reducing greenhouse gas emissions of its The objectives, achievements and improvement operations by at least 30% compared to 2010. areas are presented once a year to the Board of Directors of Rexel. The Rexel Group actions in connection with sustainable development are focused on these To clarify, a correspondence table between these three strategic pil lars which contribute to Rexel pillars and information presented in this chapter is set Group’s growth, innovation and global performance out in paragraph 8.6 of this Registration document. improvement. 4.1 SOCIETAL INFORMATION The Rexel Group’s model builds on creating value Customers in conjunction with all its stakeholders, customers, Rexel’s mission is to support customers wherever partners, public authorities, communities, employees they are, to create value and run their business and shareholders. Given the specific nature of its better, al l around the globe. The Rexel Group has business, along with its extensive network and the launched a number of initiatives for its customers as diverse cultures of its employees, the Group must regards information, dialogue and feedback such as take account of societal issues when defining and commercial events, satisfaction surveys and training 4 deploying its development strategy. programs on publ ic subsidies l inked to energy Rexel’s values implemented in its relations with the efficiency, new home automation technologies and various stakeholders are set out in the Ethics Guide renewable energies, etc. and in its anti-corruption code of conduct. Suppliers and subcontractors The Rexel Group builds positive relationships with 4.1.1 Interacting with stakeholders its suppliers and subcontractors which benefit both Rexel believes that being responsible means paying parties: they are partners of vital importance to both attention to the expectations of its ecosystem. In business and growth and the Rexel Group supports order to guarantee its sustained development and their performance by helping them to expand local acceptance of its projects, Rexel has identified internationally and by supporting their business. and categorized its stakeholders based on their type Rexel endeavors to establ ish a constructive of business relations and has established dialogue dialogue with them and nurtures sound and long- with them both at Group level and through the lasting relationships in accordance with social and subsidiaries. In 2015, the Rexel Group carried out a environmental issues. materiality assessment which involved interviewing a certain number of stakeholders on priority key The Rexel Group requires al l of its suppliers and sustainable development issues. subcontractors to comply with the ethical standards presented in its Ethics Guide. From a contractual Employees and employee representative bodies standpoint, they must adhere to the general terms and conditions of sale, which include specific clauses The satisfaction and the wel l-being of employees regarding the obligation to respect the International is a major priority area for the Rexel Group. To this Labor Organization’s fundamental conventions and end, initiatives to obtain feedback from and instal l local legislation, notably in terms of minimum wage, dialogue with al l employees have been developed. working hours, working environment, occupational The European works counci l was also involved safety, and health (see paragraph 4.2 “Vigilance in the material ity assessment conducted by the Plan” of this Registration document). Rexel Group in 2015. In 2017, a new addendum to the agreement creating the Counci l was Going beyond its business relationships, the Rexel signed. This addendum includes, in particular, Group has set up community-based initiatives with the regulatory changes in connection with the some of its suppliers to promote access to energy European works counci ls. In addition, 40 new efficiency for all. These initiatives are supported by labor agreements were signed in 2017 (compared the Rexel Foundation for a better energy future which to 41 in 2016) in Rexel Group entities (see was launched in June 2013 (see paragraph 4.1.3 paragraph 4.3 “Employee-related Information” of “Charities and Sponsorship” of this Registration this Registration document). document). REXEL 2017 – REGISTRATION DOCUMENT 159