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to maintenance, Cofinimmo’s buildings are
equipped with security systems in order to
guarantee the physical integrity of suppli-
ers (aerial platforms and anchor points for
window-cleaning personnel,etc.).
FUTURE ACTIONS:
Cofinimmo intends to improve its knowl-
edge of real estate related legislation appli-
cable in countries outside Belgium where it
owns buildings.
Business ethics
As a leader in its market, Cofinimmo must
demonstrate irreproachable transparency
and ethics in the conduct of its business.
ACTIONS 2014:
Cofinimmo applies the Corporate
Governance Charter, which guarantees
transparency in the decision-making
process from the Board of Directors’ level
to each employee’s level. Cofinimmo’s
members of staff adhere to the Code
of Conduct and the corporate values in
their day-to-day operations. Corruption is
avoided thanks to very strict rules regard-
ing tendering, the application of the dual
signature principle for all commitments, the
approval of the financial statements by an
external auditor, the presence of an internal
auditor and a whistle-blowing policy.
FUTURE ACTIONS:
Cofinimmo will continue to comply rigor-
ously with transparency and ethics rules.
These rules will be extended to the new
countries and activity segments, even for
activities which are subcontracted.
Respect for differences
and cultural diversity
Diversity (cultural, generational, linguistic,
gender, etc.) and equal opportunities are
deeply rooted in Cofinimmo’s corporate
culture.
ACTIONS 2014:
Cofinimmo initially obtained the “Diversity
Label” in 2010 and now works to maintain
its commitment in this area, which is
reflected at a number of different levels:
•
that of recruitment, by strengthening
interactions with young people in
particular;
•
that of human resources management,
by offering coaching and training
(generative individual coaching and
team coaching);
•
that of the external positioning of the
company, by continuing networking
actions and testimonies on the issue of
diversity.
FUTURE ACTIONS:
Cofinimmo plans to reconduct its “Diversity
Label” in the coming years.
1
Procedure aiming to establish a complete and
certified inventory of a company (accounting,
economic, legal and fiscal aspects) before a
financing or acquisition transaction.
made available to affected stakeholders.
Finally, special attention was paid to the
buildings’ accessibility.
FUTURE ACTIONS:
Cofinimmo will study various innovative
solutions in order to respond to the gradual
reduction in the number of parking spaces
authorised by the public authorities. It
will also study the implementation in its
buildings of charging stations for electric
vehicles.
Safety & wellbeing
Cofinimmo has an influence on the well-
being, health and safety (i) of its buildings’
occupants, (ii) of subcontractors carrying
out renovation and maintenance work on
its buildings and (iii) of its employees.
ACTIONS 2014:
With regard to its employees, Cofinimmo
implemented a series of practices ensuring
their well-being and the exercise of their
function in the best conditions (welcome
file, discussion forums, working groups,
team buildings). It also pays special atten-
tion to stress at work and burn-outs.
With regard to the occupants of its build-
ings, Cofinimmo analysed all elements
likely to have an impact on public health.
During the due diligence
1
process, the
possible presence of asbestos, soil pollu-
tion, elements concerning fire fighting and
protection, etc. are systematically analysed.
Cofinimmo took dispositions to ensure
the wellbeing and safety of suppliers.
Responsabilities are clearly and unam-
biguously described in specifications and
contracts. It appoints internal and external
safety coordinators in the context of major
renovation works in order to list and verify
risks and preventive measures. In relation
MANAGEMENT REPORT /
Sustainable development
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