1 Internal Audit & CSR Dept. Milan, 14 September 2007 Autogrill Group From Ethics as a part of...
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Transcript of 1 Internal Audit & CSR Dept. Milan, 14 September 2007 Autogrill Group From Ethics as a part of...
1
Internal Audit &CSR Dept.
Milan, 14 September 2007
Autogrill GroupFrom Ethics as a
part of compliance
activity to embed
Social Responsibility
in management
attitude
Silvio de Girolamo
Chief Audit & Social Responsibility Executive
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Internal Audit &CSR Dept.
Milan, 14 September 2007
Autogrill snapshot
Autogrill reflection on ethics
Social Responsibility in Autogrill
Ethics/Compliance vs. Sustainable Governance
Link Governance and Value
Autogrill Mission & Values
Sustainable and competitive approach in Autogrill
CONTENTS
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Internal Audit &CSR Dept.
Milan, 14 September 2007
Autogrill is the world’s biggest provider of food & beverage
and retail services for travellers. With sales of around € 4
billion in 2006, it’s present in 34 countries, with over 4,800
points of sale in over 1000 locations, where about 55,000
employees serve over 890 million customers every year.
The Group operates mainly in airports, along motorways and
railway stations.
AUTOGRILL SNAPSHOT
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Internal Audit &CSR Dept.
Milan, 14 September 2007
AUTOGRILL SNAPSHOTTotal turnover: 3,929.4 €mTotal employee: 54.953
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Internal Audit &CSR Dept.
Milan, 14 September 2007
Why we have in mind only the company profit with a short termvision that represent just one dimension of the value?
Why we don’t take in consideration the expectations of stakeholders?
Why we don’t anticipate all the risks also for social and environment contest ?
AUTOGRILL’S REFLECTION ON ETHICS
The managers have to start to think about the long term value of the company, taking in consideration the triple bottom line: Economic, Social and Environmental Performances
Understand and evaluate the expectations of Stakeholders as a critical factor to gaining competitive advantage and enhancing value for stakeholders. The company have started the Proactive Approach and not just reactive in order to anticipate the consequences of failure of system
This it will be useful to instilling a Sustainable Risk Culture across the organization
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Internal Audit &CSR Dept.
Milan, 14 September 2007
In Autogrill view, Social Responsibility means creating value giving due regard to profitability and at the same time ensuring that the Group's growth is sustained over the longer term by good governance and by safeguarding the interests of all the people involved in our business.
Strike a balance between the financial, environmental and social dimensions of our business, considering also the new international set of rules drawn from community provisions regulating the enforcement of the law in favor of the stakeholders:
• “La legge sul Risparmio” (law 262/2005)
• Legislative Decree No.231, 8 June 2001
Considering the high performance this target needs, the corporate organization
have to implement and control all the necessary activity that have to support the
declaration of those mentioned principles
SOCIAL RESPONSIBILITY IN AUTOGRILL
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Internal Audit &CSR Dept.
Milan, 14 September 2007
Compliance focus on the enforcement of laws, rules, regulations and policy. This methodology has the authority to investigate, correct wrongdoing, facilitate discipline, and report to the board.
ETHICS/COMPLIANCE VS. SUSTAINABLE GOVERNANCE
Companies should put in place Sustainable Governance programs:
which focus on social responsibility consists at least of legal, economic,
consumer, environmental responsibility. In this way they secure long
term economic performance and manage their sustainable risks with no
reputational damage.
BUT COMPLIANCE OF LAWS, RULES, REGULATIONS, AND POLICY IS NOT ENOUGH
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Internal Audit &CSR Dept.
Milan, 14 September 2007
CONTROLS GOVERNANCE
– NOT LINKED WITH PROFIT
RISK GOVERNANCE
– COMPANY PROFIT
SUSTAINABLE RISK GOVERNANCE
– SHARED VALUE
LINK GOVERNANCE AND VALUE
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Internal Audit &CSR Dept.
Milan, 14 September 2007
FROM ASIDE PROJECT TO SUSTAINABILITY PACKAGE
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Internal Audit &CSR Dept.
Milan, 14 September 2007
AUTOGRILL MISSION & VALUES
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Internal Audit &CSR Dept.
Milan, 14 September 2007
SUSTAINABLE AND COMPETITIVE APPROACH IN AUTOGRILL
Code of Ethics
Email address of the Supervisory Body in EU and
Ethics Hotline in US
Sustainability Workshop
CSR Cards and Sustainability Package
Sustainability Report
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Internal Audit &CSR Dept.
Milan, 14 September 2007