Governance

Explore by pillar – Environmental | Social

We are committed to protecting our people and our clients.

We stand up for what is right, speak up when something is wrong and hold each other accountable.

Material topics

Leading our global change

ESG isn’t only about what’s done, but how it gets done. Creating a long-term impact via ESG requires leadership. It means not settling for second best in any aspect of operations and requires a peak mindset — setting and achieving goals beyond regulatory compliance. 

The Foundever ESG strategy is led, managed and executed by several cross-functional committees and groups across the globe including a global steering committee and local ESG groups for input, accountability and cultural alignment.

Foundever ESG corporate governance

At Foundever, we know a strong corporate governance balances the needs of our people, clients, shareholders and communities.

  • Setting the tone from the top, the ESG Steering Committee includes executive sponsors for each strategy topic. This committee sets accountability for the organization, communicates progress to the board and reviews and approves three-, five- and 10-year goals. The ESG Steering Committee regularly aligns with our board of directors, CEO, Strategy Committee, and Risk & Compliance Committee. 
  • Our ESG topic champions are part of Working Groups. These groups review and set policies by collecting and verifying data in addition to recommending global targets and goals.
  • Closely aligned to our Global Sustainability & ESG team, our Sustainability Network consists of local ESG champions with a working knowledge of ESG topics in their country, including regulations, law, certifications and internal networks. 
  • The Foundever Sustainability Committees are formed at the country level and include material topic experts. These experts are determined by each country in terms of headcount and country regulations.

Business ethics

Foundever is committed to promoting a culture based on integrity, transparency and good governance wherever we do business.

We have set clear rules that we urge our associates, including directors and officers within the organization, to follow. We share these rules with our supply chain, which we expect to act in compliance with our values and principles, including strict adherence to applicable laws.

Anti-corruption Policy & program

At Foundever, we have zero tolerance for corruption and influence peddling. Our Anti-corruption Policy is aimed at each and every one of our internal stakeholders. This policy applies to all associates attached to Foundever or any of its controlled companies.

The policy is based on the applicable legislation (in accordance with the French law of 9 December 2016 on transparency, anti-corruption and economic modernization and known as the “Sapin II” law, the U.S. Foreign Corrupt Practices Act, the U.K. Bribery Act) and on the best international practices. 

Based on risk mapping, conducted at least once a year, the policy is regularly updated. Further, training is conducted, in particular for the most exposed associates and whenever possible for our external stakeholders, and controls of the proper performance of our internal procedures are conducted. 

Whistleblowing

We have zero tolerance for unethical behavior and corruption in any form. Any possible conduct violations viewed as unethical, illegal, in violation of professional standards or otherwise inconsistent with Foundever policies and procedures including human rights and environmental issues, which may affect the moral or physical integrity of its employees, can be reported using EthicsPoint for further investigation. This third-party, 24-hour website is available to report ethical violations anonymously via the website or telephone (for which a list of numbers per country is provided on the website).

Sustainable sourcing

Foundever is committed to ethical business practices and a comprehensive system of internal controls in our value chain sustainability strategy through our Sustainable Sourcing Charter. This strategy commits us to conduct our purchasing and contracting activities in a manner that is:

  • Compliant with laws, regulations and our company policies 
  • Accountable and auditable
  • Ethical, environmentally and socially responsible 
  • Cost-effective

Please find the Foundever vendor portal on this webpage.