Long Term Vision
Our specific issues stem from human rights
As soon as 2003, Vivendi defined three specific sustainable development issues: protecting and empowering youth, promoting cultural diversity and sharing knowledge. As a signatory to the UN Global Compact, Vivendi has incorporated these three specific issues into the principles linked to human rights. These issues are fully integrated into the company’s strategy, as demonstrated by their inclusion as criteria for senior executives’ variable pay.
Since 2007, Vivendi has been gathering feedback on these three issues, and in 2011 the group added consideration of societal factors to its reporting Protocol. The so-called Grenelle II Law specifies and strengthens the societal dimension of companies’ extra-financial reporting. In order to comply with the law, Vivendi integrated its three strategic issues into the area of “Actions undertaken in favor of human rights.” Indeed, the three specific issues of Vivendi’s sustainable development policy refer to international standards:
- The protection and empowerment of youth are set down in the United Nations Convention on the Rights of the Child of 1989 (Art. 17).
- The promotion of cultural diversity relates to the Universal Declaration of Human Rights of 1948 (Art. 27), the UNESCO Universal Declaration on Cultural Diversity of 2001 (Art. 5), and the UNESCO Convention on the Protection and Promotion of the Diversity of Cultural Expressions of 2005 (Art. 2).
- Sharing knowledge contributes fully to the exercise of human rights as recalled in the Charter of Fundamental Rights of the European Union of 2000 (Art. 11) relating to freedom of expression and information and the United Nations Millennium Development Goals of 2000.
Stages in sustainable development governance within the group