Societal commitment

PSA Group is mindful of its responsibility in host communities.

With revenues of €54.7 billion, presence in some 30 countries and 184,000 employees, the Group has a considerable economic and social impact on its host communities. Mindful of its responsibility, PSA Group leads a responsible purchasing policy, fosters ethical and transparent working  relationships and supports disadvantaged local communities in terms of integration and mobility.

Responsible purchasing policy

PSA, in its role as principal, works in favour of a responsible and sustainable supply chain. To that end, the Group relies on win-win partnership relations with its suppliers and a risk management system so as to minimise the environmental impact of its purchasing and maximise local sourcing.

Partnership relations with suppliers

With over 7,000 suppliers, €21 billion in purchasing and over one million orders a year, the management of supplier relations is central to the purchasing policy. It is based on a specific approach, “Excellence in supplier relations”, aimed at pooling the know-how of partners and establishing a long-term relationship with them as part of a continuous progress policy.

Controlling CSR risks in the supply chain

The Purchasing Department is equipped with tools to control CSR risks across its entire subcontracting chain. All the suppliers in the panel are required to formally draft their commitment to respecting PSA Group’s CSR principles by signing the charter entitled “PSA Group requirements on social and environmental responsibility with respect to its suppliers“. Through the charter, suppliers agree to promote these principles with their own suppliers and subcontractors and accept to be audited by external bodies. In its selection process, PSA Group takes account of the assessment of the CSR performance of suppliers made by a third party: EcoVadis.

 Optimising logistics

Logistics activity has a particularly strong impact on the environment, from local pollution (including sound pollution and emissions to air) through to global warming. As such, it is subject to a broad range of rationalisation and optimisation measures.

Favouring local sourcing

Increasing the local sourcing rate – i.e. the share of purchasing made locally – is a key objective for the Group, which is aiming for an 85% rate by 2025. Considerable progress still needs to be made in Russia (40%) and Latin America (67%).

Rules on ethics and transparency

PSA’s business culture, based on responsibility and respect, is reflected in requirements on ethics and transparency backed by rigorous systems applying to all its stakeholders, both external and internal.

Business ethics

Consistent with the commitment of its leaders, the company strives to ensure ethical business practices, notably through a zero-tolerance approach to corruption and the failure to respect competition rules. Translated into 22 languages, a sets out ethical guidelines for all employees in the fulfilment of their responsibilities. Campaigns are carried out regularly with all employees to increase acceptance of the Code of Ethics. By mid-2016, the Code had received nearly 18,000 signatures in 13 countries. A rigorous approach to prevention and monitoring is supervised by an Ethics and Compliance Committee, assisted by four Compliance Officers and deployed by an international network comprising Chief Ethics Officers and heads of Internal Control, Compliance and Risk Management in each Group department.

Group transparency

The Group’s positions on the major issues stemming from its activities are public, as are the special-interest groups of which it is a member. PSA Group supports responsible lobbying practices, which contribute to public debate and are consistent with its ethical principles of integrity, respect and transparency.

Commitment to socially-responsible mobility

As a key factor in autonomy, development and progress, mobility is a fundamental right. Through its Foundation, sites and brands, PSA works to make mobility accessible to the greatest number.

The PSA Foundation

Since its creation in 2011, the PSA Foundation has backed over 400 projects aimed at placing mobility at the service of integration, the re-establishment of social ties, and access to culture and education. The Foundation is endowed with a €9.5 million budget over five years, a network of local delegates and around 200 sponsor-employees involved on an individual and volunteer basis. The projects in question mainly concern the creation of socially-responsible garages, socially-responsible driving schools and socially-responsible rental services.

Find out more about the Foundation

Sponsorship and philanthropy

The Foundation’s work is supplemented by the philanthropic initiatives of PSA’s sites, brands and subsidiaries. These initiatives are carried out at local level with the substantial involvement of employees to strengthen their local roots. Dozens of initiatives have been rolled out, among them “Imagination by Peugeot” in Argentina, a programme focused on education and environmental protection, and “Plato Val de Seine”, initiated by the Poissy site with view to helping local SMEs and micro-businesses to improve their performance.

Research and experiments

The City on the Move Institute, created by the Foundation in 2010, is a think tank tasked with developing research and experiments in social innovation on urban mobility and access to mobility.