Our connections are central to our cooperative business model
VIVESCIA is a cooperative group owned by its 10,000 cooperative farmers. We are a collective organisation, and this founding concept underpins a number of guiding principles that overlap with our sustainable development policy. These commitments concern not only the governance of the Group, but also the way we integrate our sustainable development challenges into our businesses and the working methods we use every day. They include transparency, business ethics, leadership by example and dialogue; values we stand by at all times in all our relationships. They are also incorporated into practical roadmaps and quantified targets as part of our commitment to continuous improvement.
Our commitments
Our connections at the heart of our cooperative business model
VIVESCIA in action
Proactive projects, initiatives and proven commitment
Over the years, our governance structure has continuously evolved to ensure the long-term future of our business model and maintain the links that unite our cooperative partners, the administrators who represent them, and the senior executives responsible for the operational aspects of the business. The Board of Administrators has taken on board the recommendations made in the Good Practice Guide published by the HCCA* in spring 2021 as the basis for continuing the process of alignment with the highest standards applicable to our industry. Following an in-house analysis conducted in summer 2021, around 60% of these recommendations have already been implemented in full. A working group has also been formed to manage and guide our progress initiatives.
Over the years, our governance structure has continuously evolved to ensure the long-term future of our business model and maintain the links that unite our cooperative partners, the administrators who represent them, and the senior executives responsible for the operational aspects of the business. The Board of Administrators has taken on board the recommendations made in the Good Practice Guide published by the HCCA* in spring 2021 as the basis for continuing the process of alignment with the highest standards applicable to our industry. Following an in-house analysis conducted in summer 2021, around 60% of these recommendations have already been implemented in full. A working group has also been formed to manage and guide our progress initiatives.
An ethical governance structure to ensure implementation and monitoring of good practices in business ethics
Our Group must deliver results through sound and fair practices in full compliance with all relevant national and international laws and regulations. To put it plainly, ethical behaviour is what guarantees our long-term future. The Group is therefore engaged in a
number of projects to strengthen our business practices even further. These include the formation of a Group-wide network of ethics advisers to ensure the consistent adoption of good practices and the use of our Ethic'call whistleblowing system.
A dedicated CSR governance structure operating at group and individual business level to guide CSR strategy implementation and coordinate financial and non-financial reporting
To lock in our Group-wide CSR commitment, the CSR Steering Committee that guided the preparatory work became the Group CSR Committee in January 2022. In addition to the non-financial reporting meeting, a workshop session involving the Board of Administrators and Executive Committee is held annually to share and discuss future challenges. CSR committees are also being formed for each business. Accompanied with clearly defined rights, duties and responsibilities, this governance structure is designed to ensure that all our CSR actions and their effects are clear and understandable to everyone.
