Integrity, As a Core Strategic Imperative!

By Dominique Lamoureux (Thales), Thales Group
04:21 PM, July 19, 2013

The technological expertise that the company has been cultivating for more than a century is crucial to the security of people, goods, and information. Thales is therefore in a unique position and has a particular responsibility to its stakeholders and to society at large.

From compliance…

A corporate responsibility policy is a basic necessity for any company that has made a commitment to sustainable growth and recognizes the true role of its stakeholders. For Thales, the primary objective of a corporate responsibility (CR) policy is to ensure compliance not only with a vast array of legal and regulatory requirements, but also with a growing number of standards, best practice guidelines, and recommendations issued by international organizations and civil society. It is also important to meet the expectations of the public at large on a range of environmental and social issues.

By embracing these new responsibilities, companies such as Thales clearly benefit in terms of image and reputation. By incorporating practical prevention policies into their risk-management processes, fraudulent practices are also less likely to occur and legal sanctions can be avoided. Companies with strict CR policies therefore deliver better overall performance.

 
InitiatorThales Group
Project start

Statusongoing
Region
worldwide
Contact person
Dominique Lamoureux
Awards

Anti-Corruption x
Business & Peace -
Development -
Environment -
Financial Markets -
Implementing UNGC Principles in your Corporate CSR Management -
Human Rights -
Labour Standards -
Local Networks -
Advocacy of global issues x
Business opportunities in low income communities/countries -
Project funding -
Provision of goods -
Provision of services/personal -
Standards and guidelines development x

…to a corporate global responsibility focused on performance

As an international company, Thales conducts its business in a strategic space of global dimensions and growing complexity. Thus, the Group has put in place a proactive integrity policy and attaches the utmost importance to ethical business practices with respect to customers, suppliers, employees, shareholders, financial markets, the environment, and society at large.

Thales considers CR to be a strategic imperative for the Group, in that it opens up opportunities for innovation, creates competitive advantages, and contributes directly to the future success of the company.
This approach is supported by a Group-wide Code of Ethics and a dedicated organization in charge of ensuring compliance with the principles it sets forth.

A comprehensive training and awareness policy is in place across the Group to promote participation by all Thales employees and foster a shared sense of belonging that is anchored in the concepts of ethics and responsibility. Focusing on excellence and long-term sustainability, this approach builds collective intelligence on the basis of mutual trust and respect. It forms a common vision of the issues Thales faces by sharing meaningful information with others in order to understand the risks involved and to find innovative, proactive responses that stakeholders expect.
Driven by a common vision of the Group’s business and its role in society – and empowered by irreproachable ethical conduct – each employee contributes actively and collectively to the long-term sustainability and performance of Thales.

Advanced Level

Since 2003, Thales has been a proud participant in and supporter of the United Nations Global Compact and has adopted its Ten Principles. Reflecting the relevance of its actions in CR, Thales saw its UN Global Compact performance rating be raised from “active” to “advanced” in 2012. Among the 7,000 companies that are members of the Global Compact, to date only 386 have been awarded “Global Compact Advanced” status, 18 of them being French and only one being in the aerospace and defense sector.

This project description was originally presented in the Global Compact International Yearbook 2013.

About the Authors
Lamoureux, Dominique

Dominique Lamoureux  is VP Ethics & Corporate Responsibility – Thales

 
Thales Group

Whenever critical decisions need to be made, Thales has a role to play. In all the markets we serve – aerospace, space, ground transportation, security and defence – our understanding of the Critical Decision Chain helps customers to decide and act in a timely fashion and obtain the best outcomes.

World-class technologies and the combined expertise of 65,000 employees in 56 locally based country operations make Thales a key player in assuring the security of citizens, infrastructure and nations.

Each of the markets that Thales serves — aerospace, space, ground transportation defence and security — plays a vital role in society. Thales operates as a single organisation, drawing on the talent and technologies of the entire Group to act as prime contractor, systems integrator, equipment supplier and value-added service provider on both civil and military programmes.

 
The views expressed in this article are the author's own and do not necessarily reflect CSR Manager's editorial policy.
 
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