DISCOVER NOVARES

SUSTAINABILITY

Our Strategy and our Ambition in terms of Corporate Social Responsibility (CSR), Citizen Responsibility, contribute to our attractiveness to all Interested Parties, including our Customers, our Employees, and our Shareholders.

How we integrate to our environment, support our employees, and conduct our business; prerequisites our right to operate and represents a factor of competitiveness.

Our sustainable development priorities

As a worldwide company, Novares, is committed to maximize its contribution to reducing the automotive industry environmental impact and its positive overflow onto its employees and local communities. This action is carried out in accordance with the 17 sustainable development goals identified by the United Nations.

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Our Sustainable Development Priorities revolve around the three following pillars.

Employees at the heart of our CSR commitment

Novares gives special attention to all its employees, who are the beneficiaries of its social commitment and actors of its responsible approach. Through its corporate social policy, the Group is committed to ensuring safety and health at work. It also aims to guarantee the respect for human rights, develop skills and promote equal opportunities.

1/ GUARANTEE A HEALTHY AND SAFE WORKING ENVIRONMENT

Employee’s safety and health preservation are the main priorities of Novares’ social policy. Our prevention approach is based on a comprehensive OHS risk analysis that lead us to remove the professional risks, when possible, reduce & contain professional risks, monitor the efficiency of prevention measures, implement a continuous improvement approach. This preventive approach concerns all Group entities.

2/ RESPECT OF HUMAN RIGHTS

As an international role-player, Novares conducts its activities with respect for fundamental human rights at work. The Group is therefore committed to promoting the rights and the legal and human structure of work and, if needed, to rectify employees’ fundamental rights abuses.

3/ PROMOTE EQUAL OPPORTUNITIES

Novares rejects all forms of discrimination. Through its corporate social policy, the Group wishes all employees to be aware of diversity benefits.
Besides, Novares strives to provide everyone with the keys for individual and collective development.

Through all actions related to those 3 main themes,
Novares contributes to 7 of the 17 the United Nations Sustainable Development Goals.

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Act ethically and with solidarity

Novares’ social responsibility applies to all partners with whom the Group interacts. This relationship must be conducted in full respect of ethical rules, particularly in terms of business practice. As committed player of an ethical company, the Group promotes solidarity actions and supports citizens initiatives.

1/ RESPECT THE RULES OF BUSINESS ETHICS

Respect for the rules of ethical behavior is one of Novares’ fundamental values for profitable long-term development. To prevent corruption and fraud, Novares relies on this ethical corporate identity and commits to respect competition rules, avoid conflicts of interest. The Group also raises awareness among its employees through trainings and scrupulously monitors their daily use.

The Novares’ Code of Ethics recalls the Group’s commitment to carry out its activities by applying the strictest principles of ethics, integrity, and compliance. It also reminds our employees of their duty to comply with company policies and put our professional ethics into daily practice. It provides them with guidelines to follow in terms of fundamental rights, sustainable development integrity in commercial relationship and rules of conduct, both personal and professional; rules to share so that everyone can act with integrity and respect.

2/ ENSURE RESPONSIBLE PARTNERSHIPS

Novares’ responsible purchasing approach is one of the structuring axes of its corporate and social responsibility.

To ensure the development of its activities in a sustainable way, the Group expects its Partners to adhere to the same standards of social and environmental responsibility. It engages and supports them in a dynamic of progress.

3/ PROMOTE SOLIDARITY ACTIONS

In line with our Social Responsibility, the Group also promotes solidarity actions and supports citizen initiatives around the world.

Novares strives to promote and highlight internally and externally a range of local initiatives that are complementary to our business mission. Employees take an active role and contribute to these successes in their areas.

Through all actions related to those 3 main themes,
Novares contributes to 7 of the 17 the United Nations Sustainable Development Goals.

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Innovate to limit the environmental impact of our activities

As an industrial key-player, Novares considers that reducing the impacts of its activities on the environment as a priority. For years, our approach has been based on implementing a continuous improvement approach and on involving all the Group entities.

1/ REDUCE ENERGY INTENSITY AND RELATED GREEN-HOUSE GASES EMISSIONS

Novares considers optimizing the use of energy in its activities and the greenhouse gas (GHG) emissions to be a priority. These emissions have been assessed at group level for several years, and have been reported through the Carbon Disclosure Project (CDP) initiative since 2021.

Benefiting from a solid experience in production, the Group integrates the optimization of energy consumption into its standards of excellence so that each plant can achieve the assigned objectives.

2/ Sustainable management of our natural resources

Firmly committed to preserve natural resources, Novares contributes to reduce raw material consumption by using secondary materials worldwide and by recycling of its own production wastes. Also, Novares strives to reduce pollution of water, air, soil, as well as limiting local nuisances. Novares also has the constant concern of reducing the quantities of water taken from the resources.

3/ IMPROVE OUR PRODUCTS ENVIRONMENTAL FOOTPRINT

Novares wishes to promote eco-design in its Skills Centers and consider environmental criteria in the design and development of its products, namely integrating when defining the conception phase; the analysis of the product life cycle, the Group’s environmental requirements and ultimately certify its approach with a third party (AFAQ Eco Conception or equivalent).

Through all actions related to those 3 main themes,
Novares contributes to 6 of the 17 the United Nations Sustainable Development Goals.

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