Company Directory - Valeo SA
Company Details - Valeo SA
Valeo SA
WebsiteParis, France
ISIN: FR0000124141
Valeo is a French multinational automotive supplier that designs, develops, integrates, and sells components, systems, and modules for automakers worldwide. The company is focused on innovation in sustainable mobility, delivering advanced technologies that improve energy efficiency, enhance driving safety, and reduce emissions.
CCI Score
CCI Score: Valeo SA
17.45
-0.02%
Latest Event
Valeo SA and the Influence of Lobbying in the Auto Industry
An analysis of lobbying practices within the automotive sector reveals significant spending on influencing policy. As a major automotive supplier, Valeo SA is indirectly implicated in these practices, which may undermine democratic norms and favor authoritarian approaches by prioritizing corporate interests.
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SABOTEUR
Valeo SA is currently rated as a Saboteur.
Latest Events
- FEB172025
An analysis of lobbying practices within the automotive sector reveals significant spending on influencing policy. As a major automotive supplier, Valeo SA is indirectly implicated in these practices, which may undermine democratic norms and favor authoritarian approaches by prioritizing corporate interests.
-40
Political Contributions and Lobbying Efforts
March 27
The article highlights substantial lobbying expenditure in the auto industry, noting figures that suggest systemic influence on regulatory frameworks. Given Valeo SA's prominence as an automotive supplier, its association with extensive lobbying activities is concerning. Such financial influence contributes to shaping policies that can undermine public accountability and promote corporate interests at the expense of broader democratic welfare.
Auto Companies That Spend the Most on Lobbyists - Alot Finance
- JUN012024
In 2023, Valeo Foods Group (associated with Valeo SA) adopted a robust Human Rights Policy that emphasizes fair labor practices, non-discrimination, collective bargaining, workplace safety, and stringent supply chain ethics. Approved by executive management and regularly reviewed, this policy is designed to prevent modern slavery and ensure respect for human rights across all operations.
+80
Labor Relations and Human Rights Practices
March 27
The policy demonstrates a strong commitment to labor rights and human rights practices. It includes clear provisions on fair wages, non-discrimination, anti-harassment, union engagement, and safe working conditions. Such measures support the dignity of workers and help prevent exploitation, aligning with anti-fascist values that oppose oppressive labor practices.
+75
Supply Chain Ethics
March 27
The policy also addresses supply chain ethics by enforcing standards to prevent modern slavery, forced labor, and human trafficking. Regular audits and clear supplier guidelines reflect the company’s proactive efforts to ensure ethical practices throughout its supply chain, reducing any complicity in human rights abuses.
- OCT012023
Valeo reaffirms its commitment to high ethical business standards and transparent compliance practices. The policy emphasizes fair procurement, anti-corruption measures, robust data protection, and respect for human rights, reflecting a culture of integrity throughout its global operations.
+80
Business Practices and Ethical Responsibility
March 27
Valeo’s Ethics and Compliance policy outlines a comprehensive framework designed to uphold ethical business standards. The commitment to fair procurement practices, anti-corruption measures, and overall integrity in protecting company and stakeholder assets reflects positively on its business practices and ethical responsibility.
+70
Technology and Services Impact
March 27
The policy emphasizes strict adherence to data protection regulations such as GDPR, incorporating privacy by design in product development and robust measures to safeguard personal data. This indicates a responsible approach to managing technology and services, thereby positively impacting its Technology and Services Impact.
- JAN012021
In 2021, Valeo spent approximately €2 million on lobbying efforts to influence automotive policies, aiming to secure incentives for electric vehicles and technology grants. This strategy, while bolstering its market position, raises concerns about corporate influence over democratic policy-making and the potential for undermining public accountability.
-40
Political Contributions and Lobbying Efforts
March 27
Valeo’s deliberate allocation of €2 million in 2021 towards lobbying efforts demonstrates its active engagement in shaping policies in its favor. Such actions, intended to secure regulatory and fiscal benefits, can compromise the integrity of democratic processes and contribute to an environment where corporate interests override public welfare. This behavior aligns with concerns over corporate complicity in fostering authoritarian practices through undue political influence.
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