Securit as pro vides securit y for our cus tomer s and those who come into c o n t a c t with the cus tomer s emplo y ees clients supplier s and communit y m e m b e r s K e e p i n g cus tomer s safe allo ws them to concentr ate on their business and prosper Securit as oper ates in 52 countries and emplo ys more than 300 000 people g lobally Our cus tomer s can be found in nearly all indus tries and se gments Some oper ate in sector s that are import ant for the whole of societ y such as ener gy public tr ansport airports and healthcare As a lar g e multinational compan y and one of the leadin g companies in our indus tr y Securit as w orks to r aise s t andar ds in the securit y business and contributes to the societies in which w e oper ate W e s triv e to lo w er our C O 2 emissions from tr ansport ation and reduce ener gy consumption in ofce buildin g s but the k e y to Securit as lon g term gro wth and sus t ainabilit y is bein g a solid and reliable emplo y er In v es tin g in our emplo y ees b y impro vin g terms and de v elopin g skills mak es sense from a business per spectiv e Satisfed emplo y ees tend to s t a y lon g er and the lon g er people are emplo y ed and the more w e in v es t in them the more qualifed the y become With more qualifed emplo y ees w e can ofer more specializ ed and qualifed ser vices ser vices that add v alue for our cus tomer s and g ener ate hig her mar g ins for us Securit as sus t ainabilit y w ork is based on our fundament al v alues Inte grit y V ig ilance and Help fulness and guided b y our k e y corpor ate policies and principles such as Securit as V alues and Ethic s Code B y considerin g corpor ate social responsibilit y CSR issues in our oper ations w e are activ ely addin g v alue to the Securit as br and afectin g and reducin g the e xposure for cert ain risks identifed in the enterprise risk mana g ement process see pa g e 4047 and promotin g continued gro wth and proft W e belie v e that our sus t ainabilit y w ork increases emplo y ee commitment and g iv es us a competitiv e adv ant a g e Impro vin g conditions in the securit y indus tr y Securit as emplo ys o v er 300 000 people There are thousands of emplo y ees in some countries and less than a hundred in countries where w e are jus t s t artin g No mat ter ho w man y people w ork for Securit as w e t ak e our responsibilit y as an emplo y er seriously As one of the leadin g companies in our indus tr y w e w ork proactiv ely to impro v e the s t atus of securit y ofcer s and conditions in the securit y K eeping Cus t omers and Communitie s S afe CSR hig hlig hts 2012 The updated Securit as V alues and Ethic s Code one of our k e y corpor ate policies w as implemented throug hout the Group Securit as Inte grit y Line a Group reportin g sys tem for issues of non compliance with Securit as V alues and Ethic s Code w as launched in 45 countries The sys tem w as already in place in Canada M e xico and the U SA T r ainin g in Securit as V alues and Ethic s w as commenced for all emplo y ees T w o det ailed elearnin g cour ses tr anslated into local lan gua g es w ere launched to enable a more sys tematic approach to tr ainin g One cour se is for mana g er s and ofce per sonnel the other is for securit y ofcer s Risks related to noncompliance with the ethic s code are prioritiz ed in the enterprise risk mana g ement process and monitored re gularly Emplo y ee sur v e ys w ere conducted in nine countries in Europe Actions w ere t ak en at local le v el to address issues r aised in pre vious sur v e ys A new g lobal a greement with UNI Global U nion and S w edish T r ansport W ork er s U nion w as signed in No v ember 2012 A new a greement with European W orks Council w as signed in December 2012 Securit as chaired the Ligue Internationale des Societes de Sur v eil lance s the Ligue w orkin g group that de v eloped a common Code of Conduct and Ethic s for its member s The Code w as adopted and signed in June 2012 R ead more at www securit as com 24 Securit as Annual R eport 2012 Securit as responsibilities