1. Organization
The Treasury and Financing Department (or DTF) of the Compagnie de Saint-Gobain defines the finance and cash management policy as well as the foreign exchange risk hedging policy.
The DTF alone is authorized to deal on the financial markets.
The Delegation Treasury Departments are the liaison points for DTF.
In multi-country Delegations, after an agreement with DTF, the Delegation can formally delegate the responsibility to an appointed representative in order to take the appropriate decisions in each country under the proper supervision of the Delegation.
Countries which do not belong to any Delegation are directly managed by the Sectors.