Sonepar is an independent family-owned company with global market leadership in B-to-B distribution of electrical products and related services.
Founded in 1969 by Henri Coisne, Sonepar, electrical equipment distributor, grew rapidly thanks to the ongoing support of its family shareholders, organizing and structuring its business of electrical equipment distribution.
A group of European stature as of 1982, Sonepar is now enlarging its international footprint through targeted acquisitions around the world. The integration of substantial Hagemeyer assets in 2008 marks a major step forward in that direction.
Today, with 20.6 billion euros of revenue (31 December 2016), Sonepar is represented by 239 entities operating in 44 countries on five continents. It is at the heart of a €251 billion global market which, due to the growing number of applications for electrical equipment, fast-changing product technologies, and the need for new services, has considerable further potential.
Sonepar’s business involves seeking out manufacturers and identifying and selecting the electrical equipment and technical solutions best suited to market requirements and then making them available to its own customers – generally electricity professionals – in the right place, at the right time and at the right price. Its logistics expertise, which serves a dense distribution network, ensures efficient, reliable and rapid distribution of high-quality products.
CODE OF CONDUCT
Sonepar is publicly releasing its worldwide Code of Conduct, in keeping with current practice within the Group.
Marie-ChristineCoisne-Roquette, Chairman, said: “Integrity has always been a key value and a compelling behavior at Sonepar. Today, in a world where compliance becomes increasingly essential, the Group is launching a substantial pro compliance and anti-corruption program, both to impress upon everyone the importance of combatting those evils and to help everyone avoid, detect and stop any non-compliant action.”
Philippe Delpech, CEO, added: “Compliance is a challenge for everyone at Sonepar, every day and in everything we do. To help everybody understand Sonepar’s expectations, we are issuing our Code of Conduct, which supplements all existing policies and instructions applicable in the Group. We want all our stakeholders—associates, customers, suppliers and third parties—to know and understand Sonepar’s compliance objectives and focus. Our mission is to communicate continuously, making sure our associates feel comfortable about reporting any event they believe is not in line with our Code of Conduct.”
Sonepar encourages every natural person, whether employed by a Group company or not, to report, selflessly and in good faith, any serious and obvious breach of law or regulation, or any threat or severe harm to the business integrity, such as acts of corruption or influence peddling, and any behavior or situation that violates the Group’s code of conduct, which the individual personally gained knowledge of.
Sonepar is therefore launching its Sonepar Whistleblower Procedure ensuring the whistleblower’s identity, the information provided and the identity of the person(s) involved in the reported facts remain confidential. The procedure, inclusive of a secured channel, makes it possible to communicate documents in support of the alert. The channel is outsourced, whereas assessment and monitoring of the alert are not.