A Supervisory Board increasingly involved in CSR issues
PIERRE LEROY
Co-Managing Partner, Lagardère group*
The Supervisory Board’s growing interest in CSR issues goes hand in hand with citizens’ growing expectations of companies, as well as more stringent regulatory constraints on companies in terms of corporate social responsibility.
This level of vigilance, which is reflected initially by regular yearly dialogue between the Sustainable Development and CSR Department and the Appointments, Remuneration and Governance Committee, now the Appointments, Remuneration and CSR Committee, was stepped up in 2020. Several meetings were organised with the Committee and the Supervisory Board, allowing for the sovereign importance the Lagardère group now wishes to attach to CSR issues to be taken into account.
These meetings gave the Board the opportunity to reiterate that although the company is a place of passing on information, training and integration, it should also be a place that performs a role within society encompassing everything that it consists of (environment, culture, health, diversity, etc.).
Within the framework of setting out its roadmap, the Sustainable Development and CSR Department talked to members of the Board about its proposed scorecard based on a dozen or so CSR indicators and intended to support the steering of strategic objectives over the long term. This structural project will make it possible to reinforce dialogue with all the Group’s stakeholders.
* And Chairman and Chief Executive Officer of Hachette Livre since April 2021.
2020 General Meeting (Paris, France).
“The Board’s vigilance with regard to CSR issues was stepped up in 2020.”
Pierre Leroy