Neopost’s decentralized structure means that the Group allows its subsidiaries considerable decision-making autonomy. This high degree of initiative has a clear advantage: Each subsidiary is able to meet the requirements of local regulations, particularly as regards postal and environmental standards which are specific to each market. Neopost seeks to be a good corporate citizen by complying with all laws and regulations in force in each country. The Group also works to encourage internal communication, while avoiding proliferating reporting levels to ensure maximum flexibility in the execution phase. This high degree of employee empowerment is combined with strict financial control and regular operating reviews, and is one of the keys to Neopost’s success. Over the years, the Group has succeeded in developing a strong corporate culture unifying all subsidiaries and employees.
A sustainable development structure was created in 2004, headed by an officer who reports directly to Neopost’s Chairman and CEO. It is underpinned by two specialized committees. The Sustainable Product Development Committee which deals with R&D and production issues and the Sustainable Business Development Committee which deals with distribution matters. These committees meet regularly and are made up of sustainable development representatives from each of the Group’s subsidiaries.
Neopost has set itself the fundamental objective of ensuring that growth is both profitable and sustainable. To achieve this, the Group seeks to promote the application of its Sustained Profitable Growth strategy among its various stakeholders. The Group hopes to continue achieving superior market performance over the long term, while always taking care to limit the impact of its business activities on the environment.
