At Applus+ we aim to grow our business by becoming a leading authority in our core activities, drawing on our talent for innovation and highly skilled workforce in our drive to be market leaders and expand our activities globally. We intend to achieve this growth in a sustainable manner. This means ensuring economic performance and business resilience at the same time as environmental protection, social development and business ethics.
We are on a journey to integrate sustainability at the heart of our business development. Through this process, we aim to add short-, medium and long-term value for both the Applus+ Group and its stakeholders.
Our CSR vision is to act in a responsible manner and to support the effective integration of sustainable business practices across all of our operations, as well as those of our value chain.
We intend to do this by putting in place initiatives and working practices that ensure adequate working conditions for our employees, ethical business practices, a commitment to Independence, transparency and the delivery of sustainable services, while at the same time ensuring that those services result in sustainable outcomes for our customers.
This integration of sustainability in our business practices is a response the concerns and expectations arising from our relationships and open dialogue with our stakeholders.
Applus+ has formalised its commitment to sustainability through the creation of a global CSR policy that has been defined and approved by the Board of Directors and is being implemented across all Applus+ divisions in all geographical regions. This policy aims to integrate CSR into our day-to-day operations and to ensure the efficient management, monitoring and communication of our commitments and achievements in the different areas that fall under the umbrella of Corporate Social Responsibility.
This policy has been crafted in accordance with our core principles of integrity, impartiality, independence and responsibility, and serves as the basis for our global CSR strategy. For further information, see the CSR Policy.
The Applus+ CSR policy establishes five strategic pillars:
This 2018 report outlines our approach to CSR as well as providing a comprehensive account of the work undertaken by the Applus+ Group to integrate sustainability into its services, operations and daily agenda, showing how our business is intimately linked to sustainability. It also serves to demonstrate the Group’s economic, social and environmental performance throughout the year and its main achievements in terms of CSR.
The elaboration of this report followed the GRI Standards and is in accordance with its ”core option”. The use of this standard ensures that the information contained in this document is reliable, complete and balanced, providing a clear overview of our company’s CSR priorities and the work that has been undertaken to achieve these. Additionally, a third party has verified the 2018 report.
The information and performance indicators included in the report refer to the operations and activities conducted by Applus+ divisions in all regions where we operate and reflect the Group operations performed during the course of 2018. The CSR report is published on an annual basis.
For further information, see the full Applus+ CSR report.
Corporate Social Responsibility comprises a variety of issues related to the workforce, the market, the environment, society and corporate governance. We define the materiality of these topics based on their importance concerning the economic, environmental or social impact of our organisation; or because the topics directly influence the decisions of our stakeholders.
To identify the topics, we reviewed the validity of the previous year’s 30 topics by benchmarking against three competitors and four companies from different sectors in which Applus+ operates. Oil, gas, automotive, aerospace and power sectors were considered. At the same time, the topics included in the Dow Jones Sustainability Index (DJSI) and in the FTSE4GOOD were also taken into account as a global benchmark.
Following this assessment, the inclusion of any additional topic was considered, and the anti-bribery and integrity topic was integrated into the code of ethics and compliance topic. As a result, we produced a definitive list of 29 topics.
We established the materiality and relative priority of each topic via two paths:
Firstly, we consulted the ranking of the topics published by our competitors, companies from different sectors in which Applus+ operates and stock exchange indices of sustainability. As part of this inquiry, we also considered the ratings for the economic, environmental and social issues published in the RobecoSAM Corporate Sustainability Assessment.
Secondly, we consulted management team. Personal interviews were held, in which the management team rated each topic as high, medium or low with regards to its internal importance (Applus+) and its external importance, that is, for those stakeholders not considered in the previous inquiry: public administration, clients, employees, investors, financial markets, suppliers and society.
By cross-referencing the importance for Applus+ with the stakeholders’ importance, we determined the materiality matrix, and we obtained our material topics list prioritized with: 13 material aspects, ten aspects with a medium importance and six of them with low importance.