LISI 2012 FINANCIAL REPORT
        
        
          106
        
        
          
            6
          
        
        
          Corporate Social Responsibility
        
        
          (Association of Manufacturers of Mechanical Fasteners) and
        
        
          DSV (Deutsche Schraubenverband) for LISI AUTOMOTIVE and
        
        
          SNITEM (National Union of the Industry of Medical Technology)
        
        
          for LISI MEDICAL.
        
        
          LISI is also regularly involved in networks to help 2
        
        
          nd
        
        
          and 3
        
        
          rd
        
        
          level suppliers develop by sharing best practices in terms of
        
        
          industrial excellence, as is the case, for example, with the
        
        
          Vehicle of the Future Segment (segment of excellence in the
        
        
          automotive industry) or the Club of CEOs of the South Territory.
        
        
          In addition, LISI encourages local partnerships and exchanges,
        
        
          particularly the development of close relationships with
        
        
          schools, universities and the top colleges (Engineering,
        
        
          Management, etc.) in order to anticipate, for each division, the
        
        
          future requirements in terms of employment and skills.
        
        
          
            LISI MEDICAL
          
        
        
          has thus established the FOREM (one training
        
        
          session/one job) in partnership with the AFPI, Pôle Emploi (the
        
        
          French employment agency) and the chamber of commerce.
        
        
          This approach consists in training operators on a Turner Miller
        
        
          CQPM, in order for them to secure a job once they are trained
        
        
          successfully.
        
        
          
            LISI AUTOMOTIVE
          
        
        
          has developed in partnership with AFPI a
        
        
          specific program for Strikers (Career training, Quiz, etc.).
        
        
          
            LISI AEROSPACE
          
        
        
          regularly takes part in various career and
        
        
          employment fairs (local events, meetings organized at the
        
        
          initiative of UIMM or National Education in high schools, ...)
        
        
          so as to introduce the various occupations in the aeronautics
        
        
          industry.
        
        
          As part of a reflection initiated by the sub-prefecture of
        
        
          Marmande on the difficulties of local recruitment, LISI
        
        
          AEROSPACE Creuzet introduced to the companies in the sector,
        
        
          the professionalization paths implemented which helped to
        
        
          train 15 operators on machining. Following such experience
        
        
          feedback, it was decided to launch the same type of action in
        
        
          the Marmande area, with the financial support of the State as
        
        
          part of an Operational Preparation for Employment.
        
        
          Workers will be recruited based on the Simulation Recruitment
        
        
          Method, deployed by Pôle-Emploi, with prerequisite levels
        
        
          approved by machining professionals from the partner
        
        
          companies.
        
        
          
            3.3 Subcontractors and suppliers
          
        
        
          The LISI Group is part of a "win - win" sustainable partnership
        
        
          with its suppliers and subcontractors to ensure mutual, long-
        
        
          term success.
        
        
          Aside from economic considerations (quality, competitiveness
        
        
          and continuous improvement), the Suppliers Charter
        
        
          established by the Group dictates the terms of partnership
        
        
          in accordance with the principles of ISO 14001, which are
        
        
          addressed during audits for selecting new suppliers.
        
        
          The approval and implementation of the 10 principles of the
        
        
          United Nations' "Global Compact" program (Corporate Social
        
        
          Responsibility principles that include Human Rights, Labor
        
        
          Standards, Environment and the Fight against Bribery) are also
        
        
          mentioned in the Suppliers Charter.
        
        
          The Group's Purchasing Policy includes a section on ethics,
        
        
          sustainable development and corporate responsibility, with
        
        
          the application of the "Global Compact" principles and the
        
        
          requirement for ISO 14001 and OHSAS 18001 certification, in
        
        
          particular for our strategic suppliers.
        
        
          
            3.4 Loyal practice
          
        
        
          
            3.4.1 Actions taken to prevent bribery
          
        
        
          The LISI Group has built its growth on compliance with laws
        
        
          and best practices. Each division is responsible vis-à-vis the
        
        
          Group's Senior Management for the proper performance of its
        
        
          subsidiaries and employees. Relationships with third parties
        
        
          are dictated by the Group's scoping procedures, which are
        
        
          implemented by the Divisions through the dissemination of
        
        
          division-specific procedures. For example, LISI disseminates
        
        
          and updates a Purchasing and Supplier Relations procedure,
        
        
          which specifies for example the limits and authorization
        
        
          thresholds for donations and gifts.
        
        
          The Group's employees are trained on business Ethics through
        
        
          a specific module of the LISI Knowledge Institute. In addition,
        
        
          the Supplier Charter that complies with the principles set out
        
        
          in the United Nations' Global Compact program, is widely
        
        
          distributed to all LISI stakeholders.
        
        
          
            3.5 Human Rights
          
        
        
          
            3.5.1 Actions taken in favor of human rights
          
        
        
          The LISI Group has joined the Global Compact. The first and
        
        
          second principles of the Global Compact concerning Human
        
        
          Rights, namely:
        
        
          1. Businesses should support and respect the protection of
        
        
          international law on human rights within their sphere of
        
        
          influence; and
        
        
          2. They should ensure that their own corporations are not
        
        
          accomplices of human right violations.