Valeo’s environmental commitment is reflected in its robust and voluntary policy, based on measurable performance tools and targets, with a management structure put in place to oversee it.
Valeo has produced a Risk Management Manual for more than 20 years, which covers operational requirements regarding the environment that are often more stringent than the existing legislation in some areas. Valeo regularly updates these guidelines to reflect changes in legislation.
External audits on a worldwide scale
At the request of Valeo’s Risk, Insurance and Environment Department, audits are carried out on a regular basis by external consultants, in order to ensure that there is statutory compliance and that the operational requirements of the Risk Management Manual have been respected. The Valeo Group has also been committed for over 15 years to ISO 14001 certification, in order to respect its engagement to reducing its environmental impact.
In 2012 Valeo committed to a new certification process whose goal was to certify 10% of its sites in accordance with the ISO 50001 standard for energy management.
The ISO 14001 environmental and ISO 50001 energy management certifications by an independent third party give stakeholders an assurance of the Group’s strong commitment to HSE issues.
At end 2013, 94% of sites had obtained ISO 14001 certification and two sites had obtained the new ISO 50001 certification.
To complement these audits, an autodiagnosis tool called Roadmap Manager has been deployed since 2008. The sites use its self-assessments to monitor their compliance with Group directives. The tool also enables HSE Managers in the four Business Units and Valeo Service to have a global vision of the extent to which the directives have been deployed operationally.
Centralized environmental reporting
To measure the environmental performance of its sites, for the past 10 years Valeo has been using a centralized reporting system called Valeo Risk Indicators (VRI) . Every quarter, or annually for some parameters, this tool collects over 200 indicators whereby the environmental performance of the Group’s sites can be monitored on a regular basis, and the objectives attained.
Among the many indicators reported in the VRI tool, every year the Group selects a certain number relevant to its main environmental challenges, its performance objectives, the activities of the automotive supply sector, and the expectations of shareholders, for publication in the Valeo Reference Document. These indicators are also presented in accordance with Global Reporting Initiative (GRI) guidelines. The environmental data published concern all Valeo production and distribution sites worldwide, except for the Group’s minority interests and administrative sites, so that a total of 122 sites report environmental indicators.
Environmental performance of sites
Environmental issues are taken into account at every stage in the life of a Valeo site
Valeo pays special attention to the selection of its sites around the world and carries out systematic environmental audits during the selection process. The Group also aims to take into account climatic or natural phenomena to which the site might be exposed (earthquakes, tsunamis, etc.).
During the operation of its sites, Valeo works to reduce their environmental footprint as much as possible. The Group has set objectives for all its sites in order to reduce their environmental impact in terms of water, waste, energy and CO2.
Sites can use the Good Practice guide, published by the Group, to help them conserve energy.