CSR commitments

Corporate Social Responsibility at Siblu

Siblu takes our corporate and social responsibilities seriously, and we have outlined the principles we follow in a CSR Charter for all our employees and partners. The Charter provides a simple reference point that allows us to judge each operational decision or strategic action taken by the Group, helping us to prioritise the actions we take. 

By adopting a CSR Charter, Siblu recognises that we must look beyond our financial performance, to ensure any activity we take is not done to the detriment of our customers, employees, partners or the environment.

CSR Charter

Siblu's CSR Charter aims to summarize, for all employees and partners of the Siblu Group, the key principles guiding its business practices in terms of Corporate Social Responsibility (CSR).

In line with the Group’s Purpose and Values, the CSR Charter serves as a reference for evaluating every operational or strategic decision made by the Group. It helps prioritize actions that align with the Charter and avoid those that clearly contradict its expressed intentions, based on the principle of “what I must always do/what I must never do.”

The CSR Charter, Purpose, and Values are complementary references for thought and action in Siblu’s business management. The topics covered in the CSR Charter are diverse, and whenever possible, each topic is connected to one of Siblu’s Values and extends its Purpose.

By adopting a CSR Charter, Siblu acknowledges that beyond its financial performance, which has sustained its solvency, longevity, and independence for over 40 years, a more holistic measure of its actions is necessary. This ensures that its financial achievements do not come at the expense of its clients, employees, partners, and/or the environment.

By prioritizing the term “CSR,” Siblu refers to the French definition of non-financial reporting materialized through a Non-Financial Performance Statement and a Vigilance Plan. Their respective indexes serve as the framework for this Charter.

A version in English, translated as “CSR Corporate Social Responsibility,” will be provided.

CSR Governance and Application of the Charter

To ensure the effectiveness of the CSR Charter’s principles within Siblu, the Group has established a CSR Committee. Under the responsibility of the General Director, this Committee is composed of 3 to 5 members and meets at least four times a year, reporting to the Group’s Supervisory Board.

The primary responsibilities of the CSR Committee are:

• Monitoring CSR topics to inform Group leaders about emerging trends (operational, technological, regulatory)
• Ensuring that the Group’s strategic directions, decision-making processes, and resulting actions are consistent with the CSR Charter
• Collecting, analyzing, and ensuring the accuracy of information and indicators necessary for publishing a Non-Financial Performance Statement

The Committee’s resources include:

• Direct authority from the Supervisory Board to obtain any information or documents from the Executive Committees in each country, within reasonably defined timeframes
• A dedicated budget, approved by the Supervisory Board, that can be used to acquire technical or human resources needed for its mission

Each year, the CSR Committee must report its activities to the Supervisory Board and propose a renewal or amendment of the CSR Charter.

The CSR Committee is distinct and independent from the Audit Committee.

Siblu’s CSR Charter

Company Overview and Activities

• Siblu’s business model must be transparently described using performance indicators that are Simple, Sincere, Relevant, Measurable, and Verifiable.
• In all communications, Siblu must clearly distinguish between its achievements, ongoing actions, and future intentions to best reflect its progress.

Risk Management

• Siblu must identify key risks affecting its image, activities, employees, clients, stakeholders, and the society and environment impacted by its operations.
• An annual action plan should be implemented to prevent, reduce, or manage identified risks.
• No opportunity should be pursued without a formal risk analysis.

Governance

• Siblu is committed to adhering to the general principles of good governance and conduct at all organizational levels. This is ensured through formal Delegations of Authority, Service Notes, an Ethics Officer, an Audit Committee, monthly Executive Committees for each country, and the CSR Committee.
• Any significant decision (investment, reorganization, etc.) must be justified with evidence, preferably quantitative, and should never be driven solely by accounting or tax objectives.
• The company’s external growth strategy must be based on consistent economic profitability, strong consensus among executive leaders and the Supervisory Board, and due diligence that mitigates CSR-related risks.
• The leadership’s focus should be on sustainable growth that preserves the Group’s long-term interests.

Non-Financial Performance

Environmental Responsibility

• Siblu is committed to regularly measuring its environmental footprint and setting realistic, measurable goals for reducing it, including reducing carbon emissions, preventing waste, promoting a circular economy, and managing water resources.
• Beyond risk reduction, Siblu will explore opportunities to restore or improve the natural environments in which it operates (e.g., biodiversity, tree management, landscape integration).
• Actions will be taken for their own merits, not for commercial or institutional marketing purposes.
• Siblu will communicate on these aspects through simple, reproducible, and verifiable key indicators.

Social Responsibility

• Siblu is dedicated to providing a work environment where everyone can “dream big” based on their professional abilities, without discrimination, with a clear principle of “one job/one salary.” This will be measured through the Gender Equality Index.
• Siblu aims for excellence in Health and Safety, going beyond legal obligations where necessary.
• Siblu will maintain constructive dialogue with all employee representatives and beyond, through short hierarchical lines and a strong team spirit.

Societal Responsibility

• Siblu will not lose sight of its goal to offer clients and employees fulfilling moments of life, conviviality, and fun.
• The company will be transparent in its contracts and act with empathy towards clients, especially those facing financial difficulties or commercial grievances.
• Siblu is committed to building trust with its stakeholders and partners, both locally and nationally, fostering long-term partnerships.
• The company will comply with regulations related to personal data protection (GDPR) and business ethics (Sapin 2 Law).