VINCI - 2005 annual report
VINCI - 2005 annual report VINCI - 2005 annual report
A RESPONSIBLE GROUP / SOCIAL RESPONSIBILITY AGE PYRAMID 118 Over 60 55 to 60 51 to 54 45 to 50 41 to 44 35 to 40 31 to 34 26 to 30 25 or under VINCI 2005 ANNUAL REPORT 2% 10% 10% 14% 14% 16% 11% 12% 11% management for seniors (22% of employees are over the age of 50). This work led to the drafting of a reference document as a common platform for initiatives to be developed within the Group. It was also a subject of debate in the second convention of VINCI human resources managers in October 2005. Actions aimed at raising the awareness of communications managers and the creation of dedicated tools further contributed to the recognition of these issues. Initiatives launched by VINCI companies included the signature of a diversity charter by CFE (VINCI Construction) in Belgium, the invitation issued by Cofi route (VINCI Concessions) to the Garches Hospitals Foundation to assess the accessibility of its infrastructure for people with reduced mobility, and the introduction of equal opportunities training programmes for managers at VINCI PLC (VINCI Construction) in the UK (82 managers participated in 2005). Fostering social dialogue VINCI’s social dialogue policy refl ects its commitment to several fundamental principles: recognition of the role of unions within the Group; decentralisation and the quest for an ongoing balance between trade union involvement and maintaining a close link with professional activities; the determination to increase information and training for employee and trade union representatives by involving them in the implementation of the Group’s major policies on aspects such as occupational health and safety, sustainable development and the gender mix in the workplace; the determination to facilitate communications and meetings for union and employee representatives. On the local level, works councils, single staff delegations and employee representatives, together with the committees for occupational health and safety, contribute to the quality of social dialogue. Discussions within these different bodies are reported at national level by the Group Works Council and at European level by the European Works Council. The Group Works Council, which meets twice a year, is made up of representatives from over 50 entities in France. It receives business and fi nancial information, employment trends and forecasts, and accident prevention actions initiated at Group and company level. It is informed of VINCI’s business outlook for the coming year and has access to the consolidated fi nancial statements and corresponding statutory auditors’ reports. It is advised formally, before any material decision is made, of any signifi cant project affecting the Group’s consolidation scope, legal and fi nancial structures, and the potential impact such a project may have on employment. The European Works Council has a broader remit. It is made up of representatives and observers from eight European countries in which VINCI has subsidiaries. The collective agreements negotiated and signed by VINCI companies are the tangible evidence of a decentralised human resources policy, which takes account of realities on the ground and aims in particular to improve employee health, safety and working conditions while also enhancing the organisation of working hours. In 2005, 993 collective agreements were signed. Absenteeism due to strikes amounted to 7,800 days out of a total of 28.2 million days worked. Remuneration and incentives EMPLOYEE PROFIT SHARING VINCI’s remuneration policy is organised in accordance with its decentralised management structure. Common principles covering individual remuneration and incentives in line with the Group’s results are used as guidelines for this policy in all countries where VINCI operates. In France, an increasing number of employees benefi t from incentive schemes and profi t sharing agreements. Some 41% of profi t centres have incentive schemes (over €30 million
VINCI CONSTRUCTION SATISFACTION SURVEY In June 2005, VINCI Construction launched an opinion poll giving 15,000 employees (31% of construction employees) an opportunity to express their opinion on their work and their company. The four-page questionnaire was returned directly to IFOP, a French public opinion poll institute. The results can be consulted by all employees on the VINCI Construction website. Bottom. A European Works Council working group defi ned priority thrusts in terms of social, environmental and civic involvement issues. Feedback on the discussions, followed by a debate, was organised in 2005 for all representatives of the European Works Council. 119
- Page 72 and 73: KEY FIGURES In € millions and as
- Page 74 and 75: EUROVIA / BUSINESS REPORT Brisk gro
- Page 76 and 77: MATERIALS: A STRATEGIC FACILITY IN
- Page 78 and 79: EUROVIA / BUSINESS REPORT NOxer ®
- Page 80 and 81: Top left. Roadworks in the village
- Page 82 and 83: EUROVIA / BUSINESS REPORT Design &
- Page 84: CONSTRUCTION EUROVIA CONSTRUCTION E
- Page 87 and 88: CONSTRUCTION 83
- Page 89 and 90: French market leader and a world ma
- Page 91 and 92: Above. The Granite tower under cons
- Page 93 and 94: VINCI Construction Grands Projets
- Page 95 and 96: ÉDITORIAL A BUILDING OF THE FUTURE
- Page 97 and 98: The fl oating swimming pool To meet
- Page 99 and 100: Civil engineering revenue +11.2 % S
- Page 101 and 102: Top. Restructured so as to reduce t
- Page 103 and 104: In the United Kingdom and Germany,
- Page 105 and 106: 101
- Page 107 and 108: ÉDITORIAL Top. Standing alongside
- Page 109 and 110: VINCI Immobilier will be developing
- Page 111 and 112: A RESPONSIBLE GROUP 107
- Page 113 and 114: Implementation of the Global Compac
- Page 115 and 116: Priority areas and projects Limit t
- Page 117 and 118: Commitments Guarantee the safety an
- Page 119 and 120: COMBINING MOTIVATION AND SAFETY CFE
- Page 121: DEVELOPING SKILLS VINCI’s trainin
- Page 125 and 126: Other social indicators A RESPONSIB
- Page 127 and 128: REMUNERATION Remuneration and socia
- Page 129 and 130: LEARNING TO LEARN The VINCI Foundat
- Page 131 and 132: EMERGENCY AID ACTIVITIES The VINCI
- Page 133 and 134: FICHE VINCI PREQUALIFICATION AND IM
- Page 135 and 136: Above: Since 2005, VINCI’s approv
- Page 137 and 138: A BUILDING THAT USES LESS ENERGY VI
- Page 139 and 140: ISO 14001 CERTIFICATION GROWTH 2004
- Page 141 and 142: IMPROVING THE ENERGY EFFICIENCY OF
- Page 143 and 144: Optimising waste management VINCI c
- Page 145 and 146: Above: After rehabilitation, Eurovi
- Page 147 and 148: B/ NOISE POLLUTION Eurovia 2005 200
- Page 149 and 150: UN GROUPE RESPONSABLE / RESPONSABIL
- Page 151 and 152: Opinion of one of the Statutory Aud
- Page 153 and 154: FINANCIAL STATEMENTS FINANCIAL STAT
- Page 155 and 156: 27. Market value of fi nancial inst
- Page 157 and 158: 2.1 APPOINTMENTS AND FUNCTIONS OF C
- Page 159 and 160: Alain Dinin Age: 55 • 1997-2008 N
- Page 161 and 162: Yves-Thibault de Silguy (suite) Wil
- Page 163 and 164: The other eleven Directors are prom
- Page 165 and 166: - in respect of the Company’s int
- Page 167 and 168: The following table shows the Direc
- Page 169 and 170: When he retired, he received €1,2
- Page 171 and 172: CORPORATE GOVERNANCE Options Option
<strong>VINCI</strong> CONSTRUCTION SATISFACTION SURVEY<br />
In June <strong>2005</strong>, <strong>VINCI</strong> Construction launched an opinion poll giving 15,000 employees (31% of construction employees) an<br />
opportunity to express their opinion on their work and their company. The four-page questionnaire was returned directly to IFOP, a French<br />
public opinion poll institute. The results can be consulted by all employees on the <strong>VINCI</strong> Construction website.<br />
Bottom. A European Works Council working group defi ned priority thrusts in terms of social, environmental and civic involvement issues. Feedback on the discussions,<br />
followed by a debate, was organised in <strong>2005</strong> for all representatives of the European Works Council.<br />
119