BIC_REGISTRATION_DOCUMENT_2017

OUR ENVIRONMENTAL, SOCIAL, AND SOCIETAL RESPONSIBILITY The BIC Sustainable Development Program

2.1.3.

WRITING THE FUTURE, TOGETHER: A NEW AMBITION AND A NEW

GROUP-WIDE COMMITMENT FOR 2025

In order to step up its efforts and take advantage of the transformation driver represented by sustainable development, BIC defined ambitious commitments in 2017 that will enable the Group to build long-term value for the benefit of all of its stakeholders. The Group based the definition of these ambitions on the principles of its Sustainable Development Program: studying the materiality of the issues, incorporating long-term planetary issues as well as the

UN Sustainable Development Goals, and feedback from the management of the program from 2008 to 2016 using the BIC sustainable development Barometer (see box). The method calls for a preliminary phase consisting of internal consultations with all of the major departments — categories, continents and functions — followed by a phase of co-defining the commitments with the active engagement of the Leadership Team.

NINE YEARS OF MANAGING THE PROGRAM WITH THE BIC SUSTAINABLE DEVELOPMENT BAROMETER D

From 2008 through 2016, the BIC sustainable development Barometer was the key tool for the management of the Sustainable Development Program. Comprising 10 commitments, with dated and quantified goals for each, the Barometer provided an overview of the Group’s performance and progress. For each edition of the Barometer, new goals were defined and the Group’s performance was consolidated with an overall score and an itemized score for each commitment. During the period between 2008 and 2016, three editions of the Barometer allowed

BIC to drive the implementation of its approach and make continuous progress. The Group is now turning to 2025 commitments, which come into force in 2018.

The vision thus defined is expressed in the signature Writing the Future, Together and led by the BIC ambition for sustainability comprising five ambitious commitments. These commitments are aligned with the Group’s strategy.

Fostering sustainable innovation in BIC® products: by 2025, the environmental and/or societal footprint of BIC® products will be improved. • Acting against climate change: by 2025, BIC will use 80% renewable electricity. • Committing to a safe work environment: by 2025, BIC aims for zero accidents across all operations. • Proactively involving suppliers: by 2025, BIC will work responsibly with its strategic suppliers to ensure the most secure, innovative and efficient • sourcing. Improving lives through education: by 2025, BIC will improve learning conditions for 250 million children globally. • At BIC, we believe in providing simple, innovative, reliable choices for everyone, everywhere, every time. And we believe in doing so responsibly - with the planet, society and future generations in mind. Our approach to sustainability is deeply rooted in our values and is an integral part of our day-to-day operations. Staying true to our philosophy of honoring the past and inventing the future, we want our ongoing commitment to sustainable development to be long-lasting and far-reaching. Our ambition is to ensure that we limit our impact on the planet and make a meaningful contribution to the lives of the people we employ and society in the long term, simply because it is the right thing to do. We believe that improving our environmental and societal product footprint, acting against climate change, providing our employees with a safe workplace, making our supply chain more responsible and reinforcing our commitment to education, are key in shaping our business tomorrow so that we can write a sustainable future for all. The next chapter of our sustainability journey starts here. With you. Today.

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BIC GROUP - 2017 REGISTRATION DOCUMENT