Rexel’s commitment to addressing the expectations of its stakeholders is one of its key factors for growth, and it strives to maintain a dialogue based on transparency and ethics with them.
With employees and their representative bodies
Listening to its employees and safeguarding their well-being are constant preoccupations for Rexel. The European Works Council represents 16,000 employees, and was involved in the discussions and considerations surrounding many issues in 2014, including:
- Defining the Employee Value Proposition
- Employee involvement in the Foundation
- Annual interviews
Rexel’s mission is to facilitate value creation for its customers, and support them to be at their best in running their businesses. In delivering that mission, the Group has implemented many information, dialogue and consultation processes designed specifically for its customers, including:
- Commercial events
- Satisfaction surveys
- Training modules on public subsidies for energy efficiency, new home automation technologies, renewable energy sources, etc.
With suppliers and subcontractors
Rexel develops a constructive dialog with its suppliers and subcontractors in order to foster long-term, well-balanced and mutually beneficial relationships in ways that effectively address social and environmental challenges.
The Rexel Group requires all its suppliers and subcontractors to:
- Comply fully with the principles set out in its ethics guide
- Comply in contractual terms with its general purchasing conditions, and especially clauses referring to compliance with the fundamental conventions of the International Labour Organization and local legislation, including environmental and social issues
With industry associations and universities
As part of discussing, sharing and helping to develop industry best practices, Rexel takes an active role in a number of industry associations:
- AFEP: Association Française des Entreprises Privées (French Association of Private Companies)
- EUEW: European Union of Electrical Wholesalers
- FGME: Fédération des Grossistes en Matériel Electrique (Federation of Electrical Equipment Wholesalers)
- FIEEC: Fédération des Industries Electriques, Electroniques et de Communication (Federation of Electrical, Electronics and Communication Industries)
- NEAD: National Association of Electrical Distributors
The Group is also involved in a number of research and publication projects in order to interact with its stakeholders and facilitate experience sharing. For example, Rexel is a member of:
- The Entreprises pour l’Environnement association: French network of companies willing to better integrate the environment in their strategy and operations
- Agrion, the global network for energy, cleantech and professional corporate sustainability
The Rexel Foundation contributes to knowledge sharing and awareness raising, with particular emphasis on awarding grants to students beginning their careers.
With shareholders, investors and ratings agencies
The Rexel Group is fully transparent in communicating its sustainable development results, initiatives and priorities to all the stakeholders concerned: shareholders, investors, ratings agencies, etc.
Rexel is included in the following Socially Responsible Investment (SRI) indices:
- FTSE4Good Europe & Global
- STOXX Europe Sustainability
- EURO STOXX Sustainability
- Euronext Vigeo Europe 120
- ESI Excellence Europe
- Dow Jones Sustainability Index Europe
Rexel also appears in the Ethibel EXCELLENCE Investment Register, and since 2008 has reported its greenhouse gas emissions to the independent, non-profit Carbon Disclosure Project, which assesses the carbon performance of major companies and their climate change strategies on behalf of more than 820 institutional investors.