Sustainable relations with stakeholders
Civil society’s support is now increasingly crucial to be able to implement projects. VINCI’s culture of consultation, its organisational abilities and expertise in collective governance involving all parties concerned – elected officials, actors in the local economy, non-profit organisations and associations, users and neighbouring communities – are fundamental to the success of the projects in which it is engaged.
Relations with civil society stakeholders, non-profit organisations, local residents, users and consumersOwing to their position in the value chain, VINCI companies engage in dialogue with the stakeholders in their projects and contribute to public debates. The Group’s approach in this area is enshrined in the Manifesto (fichier PDF 487 Ko), which encourages Group companies to strengthen openness and dialogue with stakeholders as a means to create value. In relation to end customers, the objective of VINCI companies is to build relationships founded on trust over time.
Relations with educational institutionsEven during periods of economic difficulty, VINCI companies recruit new staff and therefore maintain long-term partnerships with educational institutions (schools, universities, training centres) involving a wide variety of initiatives: sponsoring of graduating classes, site visits, recruitment fairs, sporting events, internships, etc. Several hundred partnerships have been formed between VINCI and the academic world. Their effectiveness is directly dependent on the Group employees involved, who reach out to students to encourage them to join the Group. VINCI also lends its support to the educational community through the allocation of the apprenticeship tax, which is coordinated both at Group level and by entities.
Relations with suppliers and subcontractorsOne of Group’s commitments is to build balanced long-term relations with suppliers and subcontractors. In each of its projects, VINCI develops partnership-based approaches with its suppliers and favours relationships at local level with small and medium-sized enterprises (SMEs). VINCI makes every effort to ensure that all its subcontractors scrupulously comply with regulations in force in the countries where Group companies operate. Introduced in 2012, the Group’s supplier performance charter spells out VINCI’s expectations of its partners and reaffirms the Group’s commitments as a signatory to the UN Global Compact. In 2014, the Responsible Purchasing Committee defined the priorities of VINCI’s responsible purchasing policy in order to raise the level of collective excellence and foster dialogue with stakeholders.
A few results of our activities (at end 2018)- Purchasing represented around 57% of revenue.
- For example, over the last five years, 682 responsible purchasing audits were conducted with suppliers operating under framework agreements.
Stakeholder dialogue, historically implemented on major projects, is to be extended to all types of projects and all regions and adapted to local realities and the diversity of partners and public stakeholders concerned.