Avis 2014 Annual Report Download - page 27

Download and view the complete annual report

Please find page 27 of the 2014 Avis annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 137

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137

20
sharing businesses. Our subsidiaries and licensees actively use these marks. All of the material marks used by
Avis, Budget and Zipcar are registered (or have applications pending for registration) with the United States
Patent and Trademark Office as well as in foreign jurisdictions. Our subsidiaries own the marks and other
intellectual property, including the Wizard system, used in our business. We also own trademarks and logos
related to the “Apex Car Rentals” brand in Australia and New Zealand and related to the “Payless Car Rental”
brand in the United States and several other countries.
CORPORATE SOCIAL RESPONSIBILITY
The Company strives to maintain best practices in corporate social responsibility, which includes an emphasis on
the several key initiatives, including a global ethics program for all employees worldwide; data protection
guidelines aimed at protecting Company and customer data; a competitive employee benefits program;
commitments to equal employment opportunities and diversity; offering fuel-efficient rental vehicles; and a
commitment to corporate philanthropy through which we give back to the communities in which we operate.
Ethical Standards. We seek to hold our employees to high ethical standards. We place great emphasis on
professional conduct, safety and security, information protection and integrity. Our employees are
required to follow our Code of Conduct and Business Principles. Our Code of Conduct represents the
core of our business philosophy and values and covers numerous areas, including standards of work-
related behavior; security of information, systems and other assets; conflicts of interest; securities laws;
and community service. We provide employees with training to help understand both our Code of
Conduct and how to interpret it in various situations. Failure to comply with our Code of Conduct is
grounds for disciplinary action, up to and including termination of employment.
Data Protection. We are committed to taking appropriate measures to properly secure information,
records, systems and property. Employees are trained to take particular precautions to protect the
Company, our employees, vendors and customers, and, in many cases, themselves, from the unlawful or
inappropriate use or disclosure of that information.
Employee Benefits Programs. Our employees are critical to our success. To ensure their well-being and
professional growth we generally offer a competitive salary plus incentive compensation potential and
comprehensive benefits. In addition, we offer health and welfare benefits that may include a range of
training, employee assistance and personal development programs to help employees and their families
prosper. Our employee benefits programs are all offered and administered in compliance with applicable
local law.
Equal Opportunity Employment. We are committed to providing equal employment opportunity to all
applicants and employees without regard to race, color, religion, sex, sexual orientation, age, marital
status, national origin, citizenship, physical or mental disability, military veteran status, or any other
protected classification under any applicable law. In addition, the Company will reasonably accommodate
known disabilities and religious beliefs of employees and qualified applicants.
Diversity. As a growing global organization, the Company is proud of the diversity of its workforce. We
strive to attract and retain talented and diverse people throughout our organization. We engage in several
initiatives to support diversity throughout our Company, including programs specifically designed to
develop female leaders in our organization and our commitment to assisting current and former military
personnel. The Company also maintains an industry-leading supplier diversity program to promote the
growth and development of suppliers who are disadvantaged, minority-owned or women-owned business
enterprises.
Environment. The Company has taken numerous steps to minimize its environmental impact; including
contracting with licensed vendors to recycle used motor oil, oil filters, parts and brake cleaner fluids. Car
washes installed at our facilities typically recycle and reuse at least 80 percent of their wastewater. Many
of our model-year 2013, 2014 and 2015 vehicles are SmartWay Certified by the United States
Environmental Protection Agency as “green” vehicles. Our rental fleet also includes gasoline/electric
hybrid vehicles which offer outstanding fuel efficiency and reduced emissions.