MESSAGE from Patrice Caine, Chairman & Chief Executive Officer	5
THALES IN 2020	6
Group profile	6
Leader in aerospace, transport, defence and security	9
Building a safer, more inclusive and more environmentally friendly world	10
20 years of innovation for those who make the world go round	12
VISION AND STRATEGY	15
Meeting global challenges	16
Our strategic priorities and ambitions	18
Our value creation process	20
Our contribution to the UN’s Sustainable Development Goals	22
An organisation focused on innovation	24
Digital, a growth driver in all our business lines	25
Risk control: the Group’s DNA	26
Ethics and integrity, at the heart of the corporate responsibility policy	28
Governance adapted to the challenges of the Group	30
VALUE CREATION	33
A culture of dialogue and partnership	34
A responsible supply chain	36
Innovation focused on the planet	38
Committed to humanity	39
Financial and extra-financial performances	40
Principles of responsibility	42
About this report	43

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