sain t-gobain annu al report 2008 annual report

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78 for example, 91% of the Group’s CO 2 emissions. Because of the Group’s wide-ranging business operations, the environmental indicators managed in Gaïa do not all apply to all businesses. The indicators are therefore combined into “batches” and allocated to groups of units with similar environmental impacts and ratios (i.e. indicators expressed by unit of production, generally per metric ton). The main unit groups – referred to as environmental sub-scopes – are as follows: • The “Glass” sub-scope, comprising units in the Innovative Materials Sector - Flat Glass Sector, the Packaging, the Reinforcements business (Innovative Materials Sector - High-Performance Materials) and the Insulation Division, excluding rock wool (Construction Products Sector), that use glass furnaces (113 concerned sites out of a total of 120 units). • The “Pipe” sub-scope (22 concerned sites corresponding to the 22 units). • The “Innovative Materials Sector - High-Performance Materials – Silicon Carbide” sub-scope (8 concerned sites out of 10 units). • The “Innovative Materials Sector - High-Performance Materials excluding Silicon Carbide and Glass operations” sub-scope (108 concerned sites out of 203 units). • The “Others” sub-scope, covering all other units (Industrial Mortars, Lapeyre plants, glass products, etc.) (169 concerned sites out of 473 units). Particular attention is paid to the «Mines and quarries» sub-scope (currently representing 112 units, as the Environment questionnaires has not yet been rolled out to all 145 quarries) (see page 59). One of the principles applied by the Group for the calculation of ratios is to use tons of finished product complying with quality standards (“tons of finished products”), rather than tons floated (for glass) or cast (for cast iron). EHS financial data (expenses and capital expenditure) have been tracked in Gaïa since 2007. Annual data are adjusted during the following year to take into account information obtained after the year-end. Definitions of indicators Definitions of indicators are provided in detailed glossaries. The glossaries have been prepared in several languages to ensure that all contributors understand what is required. Social reporting The social reporting glossary is available in French, English, German, Spanish, Russian, Chinese and Polish, and is distributed by the Delegations. EHS reporting The EHS reporting glossary is available in its entirety in French and English, and translations of the main terms are also available in German and Portuguese. Some Delegations have also prepared supplementary handbooks. Consolidated data Social reporting Saint-Gobain’s social reporting process comprises three stages: • Data input by contributors at individual company level. • Data validation by the head of Human resources, at company or Delegation level depending on the country. • Data verification and consolidation by the Group Employee Relations Department. EHS reporting The EHS reporting process (monthly and yearly) involves four stages: • Data input by the EHS correspondent or correspondents at the reporting unit concerned. • Data validation, usually by the unit manager or by the company or divisional coordinator. • Data verification by EHS managers in each Sector. • Data consolidation by the Group EHS Department. Difficulties and limitations Social reporting The main difficulty in social reporting stems from the Group’s wide geographic presence. Indicators may be interpreted differently from one country to another, due to differences in local legislation and practices. For example, certain employee categories commonly used in France, such as “cadre” (roughly translatable as “manager”) and “CDI” (employee with a permanent employment contract) may not have any direct equivalent in other countries. The Doctrine Department is working on commonly understood definitions to avoid this problem. This year’s merger of the two social reporting system has led to changes in scope for certain indicators, leading to differences in some historical data. EHS reporting Difficulties can be experienced with consolidating data across businesses that use different units of measurement. Problems can also arise from differences in the interpretation of technical terms such as “waste” across different countries and businesses. Since Group-wide reporting systems were launched, reporting quality has steadily improved as the specialist teams have become more familiar with the new systems and reported difficulties have been resolved. The new version of Gaïa will allow the Group to deploy modules for the daily tracking of environmental data in alignment with monitoring practices at operational level. This will enable more frequent reporting of EHS data according to operational needs, so that data controls can be performed at shorter intervals. Saint-Gobain - 2008 Annual Report
Social and EHS Indicators SOCIAL INDICATOR 2007 2008 Pages Number of millionaire sites (sites that have clocked up over one million incident-free hours of work and/or over five years’ work without any lost-time incidents) 101 107 50 Lost-time incident rate (LTIR) (more than 24 hours’ lost time) - Group 5.2 4.8 49 Severity rate - Group 0.24 0.22 49 Lost-time incident rate (LTIR) (more than 24 hours’ lost time) – Building Distribution Sector 9.6 8.7 49 Total recordable incident rate (TRIR) – industrial Sectors 13.1 11 49 Number of workplace fatalities – Saint-Gobain employees 9 8 49 Number of Health & Safety-certified sites – comparable scope 132 197 47 Total headcount 205,730 employees 209,175 employees 69 Departure rate 18.3% 18.3% 70 Resignation rate 7.7% 7.1% 70 Termination rate 5.2% 5.8% 70 Recruitment rate 20.1% 16% 70 Percentage of temporary workers 7.3% 6.5% 71 Percentage of fixed-term employment contracts 6.2% 4% 71 Percentage of fixed-term employment contracts transformed into permanent contracts 32.1% 48.5% 71 Training expenditure as a percentage of total payroll 3.2% 2.5% 64 Percentage of employees who took at least one training course during the year 71.2% 66.4% 64 Number of training hours per employee 24.8 24 64 Percentage of training hours dedicated to technical training and EHS Technical training: 49.9% EHS training: 21% Technical training: 48.8% EHS training: 24.6% Percentage of female employees 19.9% 20.1% 67 Percentage of white-collar workers among female employees 73.4% 75.3% 67 Female managers as a % of total employees 16% 16.6% 71 Percentage of disabled employees in France 3.3% 3.6% 67 Percentage of employees with employee representation 63% 63.4% 68 Number of agreements signed with employee representatives 1,239 1,479 68 Percentage of employees covered by a collective bargaining agreement Group: 63% France: 99% Group: 62.7% France: 99.4% 68 Percentage of employees in France covered by the discretionary profit-sharing scheme 87% (€69.5m) 96.1% (€63.6m) 69 64 47 MANAGEMENT REPORT Percentage of shares held by Group employees 6.3% 7.8 % 69 Number of countries covered by the Group Savings Plan 38 40 69 Sickness absence rate 3.4% 4% 71 Percentage of employees performing shift work 35.3% 31.7% 71 Overtime rate 4.8% 4.1% 71 Percentage of part-time employees 3.1% 3.2% 71 Percentage of executives and managers 12% 12.3% 71 Percentage of administrative employees, engineers and supervisors 39.2% 40.5% 71 Percentage of blue-collar workers 48.5% 47.3% 71 Percentage of managers who had a performance review 74,4% 76.5% 63 Percentage of employees in France taken on under a youth employment scheme 2.7% 2.2% 75 79 DEVELOPMENT OF LOCAL COMMUNITIES INDICATOR 2007 2008 Pages Group community development spending €3.4m Approximately €3m 73 Number of jobs created outside the Group in France with the support of Saint-Gobain Développement 406 jobs (through 69 SME support agreements representing €1m) 482 jobs (through 127 SME support agreements representing over €1m) 74 Saint-Gobain - 2008 Annual Report
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2008 annual report
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Contents 05 • Strategy and busine
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3 STRATEGY AND BUSINESSES Jean-Loui
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Strategy and Businesses of Saint-Go
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Responding to recession by demonstr
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The High-Performance Materials Divi
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High-Performance Materials Business
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Insulation products are made from m
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Construction Products Businesses an
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Finland, Estonia, Lithuania and Pol
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ecovered glass can be recycled inde
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The “Germ-free Surfaces” progra
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24 2008 results dampened by the fin
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holders of the parent contracted 7.
Page 30 and 31: 28 2008 business review 2008 sales
Page 32 and 33: 30 The Division also continued to e
Page 34 and 35: 32 In the Nordic countries, Dahl de
Page 36 and 37: Sustainable development 34 Sustaina
Page 38 and 39: Environment Challenges Action taken
Page 40 and 41: 38 I. Products and services contrib
Page 42 and 43: 40 Sun Saint-Gobain is a major supp
Page 44 and 45: 42 a British trade association that
Page 46 and 47: 44 Mobilizing resources to deploy t
Page 48 and 49: 46 EHS auditors are drawn from a po
Page 50 and 51: 48 Lastly, we make every effort to
Page 52 and 53: To help them to implement the plan,
Page 54 and 55: 52 Wood dust is primarily an issue
Page 56 and 57: 54 BRØDRENE DAHL’S PROGRAM FOR R
Page 58 and 59: 56 2008-2010 OBJECTIVE Saint-Gobain
Page 60 and 61: 58 warehouses and other similar spa
Page 62 and 63: product developed in 2006 by Lapeyr
Page 64 and 65: 62 Internships during a student’s
Page 66 and 67: 64 Geographical and job mobility is
Page 68 and 69: 66 SAINT-GOBAIN AND THE BROAD-BASED
Page 70 and 71: 68 Honest, open, high quality socia
Page 72 and 73: 70 Construction Products The Constr
Page 74 and 75: 72 IV. Values supporting responsibl
Page 76 and 77: 74 INTERNATIONAL CORPORATE FOUNDATI
Page 78 and 79: 76 In countries facing certain soci
Page 82 and 83: ENVIRONMENTAL INDICATORS 2007 2008
Page 84 and 85: Trading volume since September 2007
Page 86 and 87: Trading volume since September 2007
Page 88 and 89: Changes in capital over the last fi
Page 90 and 91: 88 The decision to grant stock opti
Page 92 and 93: Information Policy and 2009 Financi
Page 94 and 95: 92 Yuko HARAYAMA Professor at Tohok
Page 96 and 97: Other directorships and positions h
Page 98 and 99: 96 Director’s name and current ma
Page 100 and 101: 98 • Committees of the Board. Thr
Page 102 and 103: 100 The Committee’s remit, as def
Page 104 and 105: • The Annual General Meeting of J
Page 106 and 107: 4. Stock options granted to the Cha
Page 108 and 109: 106 Management compensation In Grou
Page 110 and 111: Fees paid by the Group to the Audit
Page 112 and 113: 110 Related party agreements Relate
Page 114 and 115: 112 The audits are based on a 20-st
Page 116 and 117: 114 being applied. The TAS framewor
Page 118 and 119: Statutory Auditors’ report Prepar
Page 120 and 121: Commitment concerning the payment o
Page 122 and 123: 120 Restructuring risks The Group h
Page 124 and 125: 122 • Volumes are not material, o
Page 126 and 127: 124 or any specific illness or phys
Page 128 and 129: The level of coverage is considered
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Consolidated balance sheet at 31 De
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Consolidated income statement (in
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Statement of recognized income and
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Notes to the consolidated financial
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136 Non-current assets held for sal
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138 asset’s fair value less costs
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140 Fair value of financial instrum
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142 Other business income and expen
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2006 In 2005, the Group acquired th
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NOTE 4 Other intangible assets Pate
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NOTE 6 Investments in associates (i
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150 NOTE 8 Inventories Dec. 31, Dec
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Movements relating to stock options
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The plan costs are calculated under
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The following tables show the funde
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Actuarial assumptions used to measu
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The effective tax rate paid by the
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Provisions for claims and litigatio
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isks is hedged wherever possible wi
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Bond issues On June 13, 2008, Saint
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NOTE 19 Financial instruments Deriv
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NOTE 21 Business income by expense
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The weighted average number of shar
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174 In addition, as of December 31,
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NOTE 28 Related-party transactions
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Innovative Construction Building Pa
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Information by geographic area Fran
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182 Principal fully consolidated co
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II - Justification of our assessmen
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Income statement at December, 31 (i
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Balance sheet at December, 31 ASSET
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Cash flow statement (in € thousan
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Risk management/Financial instrumen
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NOTE 5 Intangible assets Intangible
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Changes in Compagnie de Saint-Gobai
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Grant stock options exercisable for
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9.4 Compagnie de Saint-Gobain Group
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NOTE 12 Debt and payables Total deb
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12.1 Perpetual bonds In 1985, Compa
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NOTE 14 Investment portfolio Countr
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COMPANIES Capital Reserves % Book v
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NOTE 18 Fees paid to the Statutory
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Asbestos-related litigation in Braz
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Statutory Auditors’ report on the
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Main subsidiaries by country and de
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Saint-Gobain Vetrotex Deutschland G
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Saint-Gobain Construction Products
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Saint-Gobain Building Distribution
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Subsidiaries: Saint-Gobain Technica
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CHINA €1 = CNY 10.227 Saint-Gobai
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Table of concordance 1 Person respo
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COMPAGNIE DE SAINT-GOBAIN France He
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Notes 232 Saint-Gobain - Financial
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