Essilor recognised for employee shareholding initiative

The company exceeded its 2020 target in November

20 Dec 2017 by Andrew McClean

Essilor has been awarded the Grand Prix at the 13th edition of the French Grand Prix FAS (French Federation of Associations of Employee and Former Employee Shareholders).

The lenses company was recognised for its approach to promoting employee shareholding across the group.

In November, Essilor surpassed the 50% mark for employee shareholding worldwide, which exceeds the company’s 35% target it had set for 2020.

Essilor has been awarded the Grand Prix

Chairman and CEO of Essilor International, Hubert Sagnieres, said: “Active employee shareholding plays a central role in our governance model. It reinforces our employees’ sense of commitment to the group’s mission, which guides our strategy, and aligns their long-term interests with those of the company through a shared ambition for a successful business.”

Essilor launched its international employee shareholding plan in September 2017 to expand employees involvement in the company’s growth. So far, 69% of employees outside of France have subscribed to the plan. 

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