LISI 2012 FINANCIAL REPORT
        
        
          103
        
        
          
            6
          
        
        
          Corporate Social Responsibility
        
        
          2
        
        
          Environmental policies
        
        
          
            2.1 General environmental policy
          
        
        
          
            2.1.1 The organization of the Company to take into account
          
        
        
          
            environmental issues and, where appropriate, approaches
          
        
        
          
            to assessment or environmental certification
          
        
        
          Nowadays, the improvement of working conditions such
        
        
          as reducing the environmental footprint, are performance
        
        
          indicators that are as important as the economic and financial
        
        
          indicators.
        
        
          For several years, the LISI Group was fully engaged in placing
        
        
          social and environmental issues at the heart of its corporate
        
        
          culture in order to turn them into intrinsic values.
        
        
          Like for Health and Safety at Work, the LISI Group Senior
        
        
          Management is mobilized at the highest level and involved in
        
        
          the field of Environment.
        
        
          The policy and organization put in place are based on the
        
        
          international standard ISO 14001 (international standard
        
        
          governing the management system of the environment).
        
        
          Thus, at the end of 2012, with an exception of recently acquired
        
        
          Casablanca and Sediszow sites, all other sites are certified
        
        
          according to ISO 14001.
        
        
          
            2.1.2 Employee training and information in terms of
          
        
        
          
            environmental protection
          
        
        
          The LISI Group relies heavily on the skills of all employees to
        
        
          achieve excellence in Health - Safety at Work and Environment.
        
        
          Only each individual behavior can help it build a genuine
        
        
          enterprise HSE culture.
        
        
          That is why, LISI has decided to continue investing in Human
        
        
          Beings. In fact, 0.3% of hours worked are devoted to HSE
        
        
          training.
        
        
          Actually, the men and women that make up a company are
        
        
          its key ambassadors in all areas, and their dedication to the
        
        
          company's operations is an asset on which LISI intends to
        
        
          capitalize.
        
        
          
            2.1.3 The resources devoted to the prevention of
          
        
        
          
            environmental risks and pollution
          
        
        
          The consolidated amount of HSE investments by division is as
        
        
          follows:
        
        
          
            Division
          
        
        
          
            Amounts invested in HSE in 2012
          
        
        
          LISI AEROSPACE
        
        
          €2,474k
        
        
          LISI AUTOMOTIVE
        
        
          €2,824k
        
        
          LISI MEDICAL
        
        
          €301k
        
        
          
            LISI Group - Total
          
        
        
          
            €5,599k
          
        
        
          Notable investments include:
        
        
          •
        
        
          The establishment of a "0 releases" treatment plant in
        
        
          Marmande - LISI AEROSPACE - €208 k,
        
        
          •
        
        
          The establishment of a paint residue processing machine in
        
        
          Fuenlabrada - LISI AUTOMOTIVE - €200 k,
        
        
          •
        
        
          The improvement of the automated system of the
        
        
          detoxification station of the La Ferté Fresnel plant - LISI
        
        
          AUTOMOTIVE - €75 k,
        
        
          •
        
        
          The establishment of an scrubber oil separator on the staff
        
        
          car park in Caen - LISI MEDICAL - €60 k,
        
        
          •
        
        
          The replacement of the effluent treatment station in
        
        
          Villefranche de Rouergue - LISI AEROSPACE - €17 k,
        
        
          •
        
        
          The replacement of the hot water tanks of the changing
        
        
          rooms with solar tanks in Villefranche de Rouergue - LISI
        
        
          AEROSPACE - €5 k.
        
        
          
            2.1.4 The amount of provisions and guarantees for
          
        
        
          
            environmental risks, provided that such disclosure is not
          
        
        
          
            likely to cause serious harm to the company in an ongoing
          
        
        
          
            dispute
          
        
        
          The consolidated amount of HSE risk provisions by division is
        
        
          as follows:
        
        
          
            Division
          
        
        
          
            Amount of HSE provisions for 2012
          
        
        
          LISI AEROSPACE
        
        
          €9,747 k
        
        
          LISI AUTOMOTIVE
        
        
          5,915 k
        
        
          LISI MEDICAL
        
        
          €95 k
        
        
          LISI Group
        
        
          €700 k
        
        
          
            LISI Group - Total
          
        
        
          
            €16,817 k