CHILDREN’S RIGHTS POLICY
INTRODUCTION AND PRINCIPLES
At Mersen, our vision, our mission and our values inspire the decisions and actions that lead to our development. To implement this vision and fulfill our mission, the group adheres to a set of shared values and internationally recognized standards, such as the United Nations Global Compact.
As a small global business, Mersen recognizes its responsibility to protect and uphold human rights, including the rights of the child, and adheres to the United Nations Framework and Guiding Principles “Protect, Respect and Remedy “.
MERSEN
Mersen may have an impact on children’s rights through its direct operations, its supply chain or the group’s interaction with local communities.
Direct operations
The minimum age for all Mersen employees is 18, except in the case of internships or professional training programs organized in cooperation with schools and training institutes or approved by the competent authorities. Regular audits are carried out in our establishments to ensure that the information provided in the HRIS, in particular the age of employees, is correct and that the Group’s Code of Ethics is applied. If anyone, inside or outside the Group, has concerns about current practices at Mersen, they can report them in good faith using a specific email address. Their actions remain confidential, and any inappropriate behavior is investigated as soon as possible.
Supply Chain
All of Mersen’s strategic suppliers agree to abide by its Purchasing Charter for a Sustainable Supply Chain, which includes the following provisions related to children’s rights: Mersen must not work with suppliers and subcontractors who have use of child labor or forced labor. The minimum age is set at 15, except for hazardous work where it must be 18. For suppliers or subcontractors operating on a Mersen site, the minimum age for any employee is set at 18, except in the case of internships or professional training programs organized in cooperation with schools and training institutes. or approved by competent authorities.
Assessments are carried out regularly at Mersen’s main strategic suppliers. Mersen’s medium-term commitment to improving and securing the environmental and social performance of its supplier base includes an assessment of the Group’s strategic suppliers,
- namely those that represent at least 80% of the value of materials purchased, by 2021.
Interaction with communities
Mersen’s activities as a Group have a clear impact on local and regional development. Local teams participate in fundraising and charitable initiatives, and most of the Group’s sites around the world make donations to local charities. By helping employees’ families, Mersen is also giving their children a chance for a better life.
Some examples of charitable initiatives:
In South Africa, the Group supports organizations that help abused women and children.
In India, Mersen supports employees’ families by giving them access to training that can lead to more job opportunities. It also leads a number of initiatives in partnership with schools and universities.
In China, a team supports students in difficulty.
Upcoming improvements
Mersen is firmly committed to promoting human rights, particularly with its suppliers, and has included a series of specific questions on the subject of children’s rights in the self-assessment questionnaire (see Purchasing Charter ). The group also intends to increase the number of assessments carried out by its own teams.
Disclaimer
Mersen S.A. published this content on September 23, 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on September 23, 2022 09:09:06 UTC.
Publicnow 2022
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Trends technical analysis MERSEN
| Short term | Middle term | Long term | |
| Trends | Neutral | Neutral | Neutral |
Evolution of the Income Statement
Sale  Purchase | |
| Average recommendation | TO BUY |
| Number of Analysts | 4 |
| Last Closing Price | €29.20 |
| Average price target | €41.40 |
| Deviation / Average Target | 41.8% |
Officers and Directors
| Var. Jan 1 | capi. ($M) | ||
 | MERSEN | -20.87% | 594 |