Policy
“As one of the largest European companies, EADS is aware of its duties and is willing to develop its contribution to the cultural, educational and social background in the countries where EADS operates. In particular, EADS aims at reinforcing project partnerships with universities and research centres, through, for example, the EADS Research Foundation.
EADS shall do its best to maintain an open dialogue with its stakeholders and to provide clear answers to requests for clarifications within the limits of its obligations.”
Organisation
EADS’ contributions come in different forms; they include sponsorships, donations, or partnerships. Wherever located, EADS contributes to a range of activities, conferences or institutions, which address social, educational, cultural or sport subjects. In most cases, such activities are initiated by EADS local entities which are also in daily contact with relevant stakeholders.
However, EADS has implemented donation guidelines (under the responsibility of EADS Corporate Secretary) as well as sponsoring guidelines (under the responsibility of EADS Corporate Communications) which set out criteria for granting contributions to projects.
The guidelines also provide certain thresholds above which such activity has to be reported to the Corporate Secretary or Corporate Communications respectively and approved at the level of the CEOs.
Performance and Best Practices
Sponsorships and Donations
In 2006, EADS contributed more than €2 million to social, cultural, sport or educational projects. A special focus is made on industry-related initiatives and science oriented projects. However, this figure does not include contributions to the EADS Corporate Foundation for Research in France or the FIDAMC in Spain.
EADS contributes to humanitarian activities by donating and giving material or providing air transportation capacities when necessary. Among others, EADS has a long-term partnership with “Aviation sans Frontières” (“ASF”) non-profit organisation in France, Germany and Spain, a humanitarian organisation which provides air transport for, in particular, seriously ill children. In 2006, ASF France escorted the 10,000th child to a medical operation in France.
EADS also encourages its employees who individually participate actively and responsibly to local initiatives which contribute to the overall development of the local communities.
Dialogue with Stakeholders
EADS is always ready to listen to critical voices and welcomes constructive contribution. The Group strives to maintain an open dialogue with any stakeholder who genuinely seeks additional information on EADS businesses, operations or
CSR activities.
Particularly, in order to provide the most accurate information to our stakeholders and stockholders, the Group proactively interacts with the main sustainability rating agencies. EADS aims at continuously improving the ways of integrating CSR into its day-to-day business. In keeping with this objective, the agencies’ analysis contribute to the EADS efforts in assessing the Group strengths and weaknesses and point out possible gaps in the CSR reporting. They also provide with indication of the benchmark positioning of EADS within the aerospace and defence industry which is currently behind the other industries in terms of
CSR reporting.
