PARIS--(BUSINESS WIRE)--Regulatory News:
The Corporate Social Responsibility Report presents the methods used by the PSA Group (Paris:UG) to put its values and skills to work for a sustainable economic model, one that creates shared and long-lasting value. This document brings together the Group's positions, operations and trajectories on environmental, social and societal issues. Its production involves a network of experts in the Group's different business lines and constitutes a reference work.
Over the last three years, the PSA Group was rated number one in the ranking of the CFIE (Centre Français d’Information sur les Entreprises, the French Center for Enterprise information), which evaluates the quality of the responses provided by the company to meet the requirements of their stakeholders. This first place rating recognises the transparency of the Group's social and environmental information, based on the two criteria compiled: the exhaustive nature of information, and that information's precision.
In addition, the United Nations Global Compact awarded its "Advanced" level to the PSA Group for two years running. It recognises companies that make an effort to be the most transparent in terms of reporting and succeed in displaying exemplary practices in terms of governance and management of sustainable development.
Karine Hillaireau, Head of Sustainability for the PSA Group explained: "The reliability of the information published by the Group in its CSR Report is essential for maintaining a relationship of confidence with its stakeholders. We must be able to provide all our stakeholders with the most representative and relevant elements so that they can make well-informed decisions in terms of purchasing, collaboration and investment."
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About Groupe PSA
With sales and revenue of €54 billion in 2016, the Groupe PSA designs unique automotive experiences and delivers mobility solutions that provide freedom and enjoyment to customers around the world. The Group has three car brands, Peugeot, Citroën and DS, as well as a wide array of mobility and smart services under its Free2Move brand, to meet the evolving needs and expectations of automobile users. The automobile manufacturer PSA is the European leader in terms of CO2 emissions, with average emissions of 102.4 grams per kilometre in 2016, and an early innovator in the field of autonomous and connected cars, with 2.3 million such vehicles worldwide. It is also involved in financing activities through Banque PSA Finance and in automotive equipment via Faurecia. Find out more at groupe-psa.com/en.