03 December 2010
Invited by Thales on 2 December, numerous members of the financial and extra-financial communities (analysts, researchers and socially responsible investment fund managers) attended the first Corporate Responsibility Investor Day organised by the Group. This event has enabled its attendees to discuss the role of Ethics and Corporate Responsibility at Thales.
“Ethics and Corporate Responsibility are a mainstay of Thales's strategy, a key driver of the company's competitive performance and development in emerging markets, and a critical factor in its ability to operate with integrity and project a positive image of the organisation”, said Luc Vigneron, Thales Chairman & Chief Executive Officer.
Bernard Rétat, Chair of the Ethics and Corporate Responsibility Committee, explained how the policy has evolved over the years, enabling “Thales’s leadership on corporate responsibility issues within the European aerospace and defence sector”. The attendees also pointed out how Thales constantly lays stress upon corruption prevention and export control - underpinning the Group's long-term performance goals and risk management strategy - while it also pays attention to environmental problems, human resources and respect of good governance rules.
The Corporate Responsibility Investor Day is part of Thales’s policy of regular dialogue with stakeholders. The exchanges of views that took place during the first Corporate Responsibility Investor Day confirmed the growing importance of environmental, social and governance criteria in evaluating companies. Major socially responsible investment funds, as well as more traditional funds, now almost systematically conduct detailed extra-financial analyses of the companies they invest in or recommend to their clients.
Photo credits: Christophe Audebert/AbacaPress.