As of January 2013, the Board was composed of 9 members, 5 of whom are considered independent, non-executive directors. The board meets on average three times each year to review strategies and plans.
As of December 31, 2012, members of the Board were:
|Roger Tondeur||MCI President and Chairman of the Board
|Bruno Vanryb||Member (Chairman & CEO of Avanquest)
|Erik de la Rivière||Member (Partner of Iris Capital Management)
|Luc Volatier||Member (SVP Supply Chain & Operations Sara Lee Coffee & Tea)
|Marie Lazzarotto||Group Legal Counsel & Secretary General
|Robin Lokerman||Member (CEO - Institutional Division)
|Sebastien Tondeur||Member (CEO of MCI)
|Ursula Wigert||Member (co-founder of MCI)
|Christine Duffy||Member (President & CEO Cruise Lines International)|
The Sustainability Programme is appraised by the Executive Committee and Management Board on a quarterly basis. The External Advisory Board chaired by MCI’s founder and President Roger Tondeur, reviews our Sustainability Programme and performance annually.
This Sustainability Report represents an important component of our stakeholder engagement and governance. To identify and prioritise the issues we address in this report, we interviewed MCI Talent and clients. We discovered that 53% of our Talents read the 2011 MCI Sustainability Report, but only 30% shared it. This year we made it even easier to share by taking the report online, with more dynamic features, better multimedia integration and social sharing options.
As signatories to the UN Global Compact, we report on the implementation of the ten principles through our annual UN Communication on Progress Report . To enhance comparability, rigour and transparency, this Sustainability Report is produced using the Global Reporting Initiatives G3.1 Framework. See our GRI Reporting Index.
MCI have zero tolerance for unethical business practices. Annually the finance department conduct a key risk assessment of the MCI business, which includes an assessment of business controls, policies and risks related to corruption across the entire group.
In 2012 we assessed that Corruption risks were low across the group but that we didn´t have sufficiently rigorous processes to correctly monitor and/or manage this. Consequently we ran two workshops with senior management to raise awareness about business ethics. In 2013 we have formed a management working group to developed new processes and training for all staff.
MCI do not make any contributions to political parties or politicians. In 2012 we did not receive any fines or sanctions for unethical business practices and/or non-compliance with laws and regulations. No cases of discrimination or human rights violations were reported.
Our commitment to ethical and responsible business practices is detailed in the MCI Sustainability Policy. Based on the 10 principles of the UN Global Compacts, the Policy expresses the values and principles for conducting business in an appropriate, responsible and transparent manner.
The policy and expectations for MCI Employee behaviour and actions on behalf of the company and its clients are specified in the MCI Code of Business Ethics. We apply our values and principles to our supply chain through the MCI Supplier Code of Conduct.