With its Strategy 2025, Bureau Veritas continues its value creation journey by ensuring short- and long-term growth, capturing maximum value from existing businesses as well as in businesses adjacent to our core business and leading sustainability in the ICT sector. We will build on Bureau Veritas' strengths, of which our ability to be extremely reactive and our efficient execution will form the cornerstones of our success in the years ahead.
POWERFUL MEGATRENDS SUPPORTING THE DEVELOPMENT OF THE ICT SECTOR
In order to accelerate its transformation and growth, Bureau Veritas will capitalize on the underlying market trends that are gaining speed around the world, starting with those that will have the greatest impact on the ICT industry, and particularly on BV's business portfolio.
MORE RESILIENCE TODAY, MORE BUSINESS TOMORROW
VALUE DRIVERS: THE BACKBONE OF THE STRATEGY
Bureau Veritas is capitalizing on the successful delivery of the previous strategic plan and builds on the key fundamentals of the ICT market, which offer solid growth prospects. This roadmap is based on 3 values:
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ENABLERS: KEY ACCELERATORS TO EXECUTE THE BV STRATEGY
The execution of Bureau Veritas' Strategy 2025 is supported by 3 enablers:
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OVERARCHING THEMES: DRIVING BUSINESS OPPORTUNITIES
Bureau Veritas has consolidated all strategic priorities along five overarching themes. All of these investment areas were based on BV's long-standing capabilities and expertise, and are fully aligned with megatrends:
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FINANCIAL AMBITIONS AND ASSUMPTIONS FOR 2025
As part of its strategy, the group set a new medium-term financial ambition:
The use of Free Cash Flow generated by our operations will be balanced between Capital Expenditures (Capex), Mergers & Acquisitions (M&A) and Shareholder Returns (Dividends):
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SUSTAINABILITY AMBITIONS FOR 2025
Beyond financial performance, Bureau Veritas remains committed to its extra-financial performance. The Group presented its Social and Environmental Responsibility strategy to 2025. This strategy, aligned with the United Nations Sustainable Development Goals (UN SDGs), aims to "Shaping a better world". It is based on three strategic axes: "Shaping a better workplace", "Shaping a better environment" and "Shaping better business practices"; and three sustainability pillars: "Social and human capital", "Natural capital" and "Governance". Bureau Veritas will monitor and report annually on its CSR performance through 18 selected key performance indicators. In addition, the Group is committed to achieving five key performance indicators by 2025.
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[1] Margen operativo ajustado a tipo de cambio constante.
2 Efectivo neto generado por las actividades operativas antes del impuesto de sociedades/Beneficio operativo ajustado, en promedio durante el periodo.
3 TAR: Tasa total de accidentes (número de accidentes con y sin tiempo perdido x 200.000/número de horas trabajadas).
4 Proporción de mujeres del Comité Ejecutivo a la Banda II (grado interno correspondiente a un puesto directivo o de dirección ejecutiva) en el Grupo (número de mujeres a tiempo completo equivalentes en un puesto de liderazgo/número total de equivalentes a tiempo completo en puestos de liderazgo).
5 Emisiones de gases de efecto invernadero de oficinas y laboratorios, toneladas de CO2 equivalente por empleado y por año para los alcances 1, 2 y 3 (emisiones relacionadas con viajes de negocios).
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