Warbud SA: a company with principles

Warbud SA, like all other VINCI Group companies, has procedures and management guidelines which describe in detail all aspects of its activity.

These procedures are implemented at Group level, are universal and apply to all of the companies without exceptions.

They concern in particular: CORRUPTION AND MONEY LAUNDERING, DISCRIMINATION, STAFF SAFETY and ENVIRONMENTAL PROTECTION.

One of the main aims of our policy is to develop universal principles and rules relating to these issues, which in the future will encompass all elements of the production or building process. The vast majority of the procedures have already been introduced, and all employees are required to adhere to them at all times.

Implementation of procedures involves definition of ranges of responsibility for specific employees, and a reporting hierarchy. Consultative units have been set up, and disciplinary procedures are applied based on the principle of zero tolerance.

In Warbud, as in the VINCI Group’s 192 other companies, there exist rigorous internal control procedures, providing oversight over company activity, financial management and risk evaluation. These procedures are based on detailed assessment questionnaires, adapted to suit the actual profile of activity of each of the Group’s companies.

The company also applies rigorous health and safety procedures, and audits and inspections are regularly carried out. Inspection reports are sent to the directors responsible for projects. In cases of violation of the established safety systems, preventive and disciplinary procedures are initiated. Detailed information about these is sent to the company’s Management Board.

The use of procedures which have been tried and tested by the VINCI Group is one of the factors which has led to the successful strengthening of Warbud’s market position.