Example: confidence

Made to last r o F u yo r o F e neo y r e v

Made to lastFor you For everyoneSUSTAINABLE development REPORTEXTRACT FROM THE REGISTRATION DOCUMENT2016 OUR PROGRAM I OUR PRODUCTS I OUR CUSTOMERS AND CONSUMERS I OUR PRODUCTION FACILITIES I OUR EMPLOYEES I THE COMMUNITIESP rofile 2016 Profile and Strategy42 OUR ENVIRONMENTAL, SOCIAL, AND SOCIETAL BIC sustainable development concerning our responsibility concerning our social responsibility to our societal reference table for environmental and social indicators75extract from registration documentSustainabledevelopment reportDocument de r f renceBIC GROUP - sustainable development report 2016 - EXTRACT FROM REGISTRATION DOCUMENT1 PROFILE AND STRATEGY(1) A product is considered as new during the year of its launch and the three following the creation of the Company in 1944, BIC s corporate responsability and operational and fina

bic group - sustainable development report 2016 - extract from registration document 5. 6 bic group - sustainable development report 2016 - extract from registration document. bic group - sustainable development report 2016 - extract from registration document 7 responsibility social, and societal our

Tags:

  Development, Report, 2016, Sustainable, Sustainable development report 2016

Information

Domain:

Source:

Link to this page:

Please notify us if you found a problem with this document:

Other abuse

Transcription of Made to last r o F u yo r o F e neo y r e v

1 Made to lastFor you For everyoneSUSTAINABLE development REPORTEXTRACT FROM THE REGISTRATION DOCUMENT2016 OUR PROGRAM I OUR PRODUCTS I OUR CUSTOMERS AND CONSUMERS I OUR PRODUCTION FACILITIES I OUR EMPLOYEES I THE COMMUNITIESP rofile 2016 Profile and Strategy42 OUR ENVIRONMENTAL, SOCIAL, AND SOCIETAL BIC sustainable development concerning our responsibility concerning our social responsibility to our societal reference table for environmental and social indicators75extract from registration documentSustainabledevelopment reportDocument de r f renceBIC GROUP - sustainable development report 2016 - EXTRACT FROM REGISTRATION DOCUMENT1 PROFILE AND STRATEGY(1)

2 A product is considered as new during the year of its launch and the three following the creation of the Company in 1944, BIC s corporate responsability and operational and financial performance have relied on several fundamental strategic pillars: quality and value product positioning; a large and diversified product portfolio aimed at answering consumers needs: our classic products are functional, reliable and affordable, manufactured using the minimum raw materials, They are designed to serve a very precise function and they offer the best value for money with a good environmental performance, our value-added products are aimed at answering the growing demand for more sophisticated goods, our responsible products use alternative or recycled raw materials; innovation: in 2016 , BIC realized 12% of its net sales through new products (1).

3 Recognized brands: in the Consumer business: BIC , Tipp-Ex , Wite-Out , BIC Kids, BIC Matic, BIC Ecolutions (responsible products), Cello , in Advertising and Promotional Products: BIC Graphic; historical international footprint in both developed and developing markets: BIC is present in more than 160 countries with a strong presence in developing markets, thanks notably to its quality products, accessible to as many people as possible, BIC innovates with distribution adapted to the poorest populations; on-going and sustained productivity improvement policy: the modernization and continuous rationalization of its production facilities allow BIC to maintain its worldwide competitiveness at the highest level and reduce its environmental footprint; a complete and solid international distribution network (stationery stores, office supplies companies, mass-merchandisers, convenience stores, distributors, wholesalers and cash-and-carry outlets, E-commerce, etc.)

4 ; a solid balance sheet and a clear use of cash strategy, including: internal development , through focused capital expenditures, external growth, through bolt-on strategic acquisitions in order to: acquire a technology not yet held by the Group, enter a new market segment, enter a new geographic area; regular shareholder GROUP - sustainable development report 2016 - EXTRACT FROM REGISTRATION DOCUMENTH onor the past, invent the future We offer simple, inventive and reliable choices for everyone, everywhere, every time GROUP LONG-TERM STRATEGIC PRIORITIES Continue to create long-term value by outperforming our markets and growing sales organically low to mid-single digit, thanks to: expanded distribution networks in all geographies, increased focus on value-added segments in Developed markets, enlarged consumer base in Developing markets.

5 Grow Normalized Income From Operations through increased productivity as we invest in our people, in brand support and in Research and development focused on quality and innovative new products. Maintain a strong cash generation to: finance strategic bolt-on acquisitions, sustain total Shareholders AND STRATEGY3 BIC GROUP - sustainable development report 2016 - EXTRACT FROM REGISTRATION DOCUMENTPROFILE 2016A WORLD LEADER IN THE CONSUMER GOODS MARKETSOver 70 years of history1950 Launch of the BIC Cristal 1969 BIC enters the Promotional Products Industry1973 First BIC lighter1975 First BIC shaverRecognized brandsBIC , Tipp-Ex | Wite-Out | BIC Kids | BIC Matic | BIC Ecolutions | BIC Graphic (Promotional Products) | Cello in IndiaNet Sales by geographies (1)

6 40%NORTH AMERICA27%EUROPE33%DEVELOPING MARKETS160 countries(1) Full year 2016 as GROUP - sustainable development report 2016 - EXTRACT FROM REGISTRATION DOCUMENTFree float 55%2% Treasury shares43% Bich family**A true commitment to sustainable and responsible growthSHAREHOLDING STRUCTURES trong governanceQUALITY PRODUCTS SOLD AT A FAIR PRICE AND CONTINUALLY IMPROVED Long-lasting products with a light environmental footprint manufactured with a minimum of resources and a maximum useful life. An eco-design approach, integrating alternative solutions such as the use of recycled materials or bioplastics in the manufacturing of certain products.

7 A UNIQUE INDUSTRIAL EXPERTIZE AND EFFECTIVE CONTROL OF MANUFACTURING COSTS 27 high performance factories (21 are located in developed countries according to the HDI indicator). 90% of net sales realized with products manufactured in our own factories*.AN HISTORICAL SOCIALLY RESPONSIBLE APPROACH A complete program for the training and development of its employees skills and employability. A clear vision, a lasting philosophy and fundamental shared values: Ethics, Responsibility, Teamwork, Simplicity and sustainable development PROGRAM MEASURED VIA A BAROMETER WITH 10 OBJECTIVES ASSOCIATED WITH 10 PERFORMANCE INDICATORS AND UPDATED EVERY THREE of Directors10 Directors40% Independents4 Nationalities30% Women**6 MEETINGS IN 2016 RATE OF ATTENDANCE95%PROFILE 2016 * Excluding Cello Pens.

8 ** Direct and indirect.** This percentage will increase to 40% subject to the approval of the resolution of the May 10, 2017 Shareholders meeting, related to the appointement of Mrs. Candace GROUP - sustainable development report 2016 - EXTRACT FROM REGISTRATION DOCUMENT5 BIC GROUP - sustainable development report 2016 - EXTRACT FROM REGISTRATION DOCUMENT6 BIC GROUP - sustainable development report 2016 - EXTRACT FROM REGISTRATION DOCUMENT7 RESPONSIBILITYSOCIAL, AND SOCIETAL OUR ENVIRONMENTAL, BIC sustainable development Program8 Four strategic Group sustainable development key the approach.

9 The BIC sustainable development of sustainable development into our with our concerning our products21 Our products environmental conceived to meet and anticipate consumers responsibility concerning our operations33 Our the environmental impact of sales and support social responsibility to our employees45 The our values, listening to our in the and well-being in the remuneration societal responsibility60 Fulfilling our responsibility across our entire value as a local and humanitarian and selection of verifier s report on consolidated social, environmental societal information presented in the management reference table for environmental and social indicators75 OUR ENVIRONMENTAL, SOCIAL.

10 AND SOCIETAL RESPONSIBILITYThe BIC sustainable development ProgramBIC GROUP - sustainable development report 2016 - EXTRACT FROM REGISTRATION The BIC sustainable development Programreinforcing it by making sustainable development a core part of the Group s story of BIC is first and foremost the story of a vision: To offer simple, inventive and reliable choices foreveryone, everywhere. The BIC sustainable development approach is perfectly consistent with this vision,FOUR STRATEGIC order to deploy its sustainable development Program, BIC hasdefined a strategic direction for each of its areas of responsibility:innovate to continually reduce the environmental footprint of all products and their packaging, and make them affordable to all;transport operations.


Related search queries