BIC_REGISTRATION_DOCUMENT_2017

OUR ENVIRONMENTAL, SOCIAL, AND SOCIETAL RESPONSIBILITY Environmental responsibility concerning our operations

In addition, in 2017, as in 2016, the BIC Violex site in Greece purchased guarantee of origin (GoO) certificates that cover its entire electricity consumption with renewable energy. This proactive approach by one of BIC’s largest energy-consuming sites exemplifies the investments made every year to improve energy efficiency, as well as the Group’s commitment to reduce the impact of its electricity consumption. Therefore, in 2017, the Group owns renewable energy certificates (U.S. REC; GoO) for 23% of the Group’s electricity consumption. This electricity consumption, with an average electricity mix for each country, corresponds to 38% of the Group’s indirect location-based greenhouse gas emissions.

In 2017, BIC Group did additional work to introduce reporting on emissions associated with “purchasing of raw materials”, evaluated at 354,000 teqCO 2 (1) . In addition, upstream shipping, which corresponds here to intra-company transport, has been evaluated at 67,000 teqCO 2 . Perspectives ♦ The Group will continue its efforts in 2018 to expand reporting on the Group’s main causes of GHG emissions. As part of “Writing the Future, Together” BIC Group has made the fight against climate change one of its five commitments : “By 2025, BIC will use 80% renewable electricity.” The Group is seeking to reduce its greenhouse gas emissions by purchasing renewable energy and will also study the potential production of renewable electricity on-site. It is part of a long-term vision to operate on 100% renewable electricity. It supplements the Group's continued efforts on energy consumption reduction and energy efficiency to limit its emissions. Progress made in 2017 and performance ♦ In 2017, BIC Group reported a decrease (-20%) in the amount of waste generated per ton of production compared to 2016. This variation results from a decrease in the ratio of non-hazardous waste generated per ton of production (-23.2%), which represents almost 85% of the waste generated by the Group, and from an increase in the ratio of hazardous waste (+3.7%). At constant perimeter between 2016 and 2017, there was a decrease in waste generated per ton of production of 2.2%. BIC plants completed or implemented nine programs targeted specifically at waste reduction during 2017. Reducing waste production 2.3.1.5.

ANNUAL DIRECT AND INDIRECT GREENHOUSE GAS EMISSIONS (SCOPES 1 AND 2) LOCATION-BASED AND MARKET-BASED – IN TONS OF CO 2 EQUIVALENT/TON – BIC FACTORIES

100,842

98,578

68,075

63,746

2017

2016

Market-based Location-based

Measuring and limiting the impact on climate change of other main causes of greenhouse gas emissions The 2016 study of the main causes of greenhouse gas emissions related to BIC Group’s operations and consumption of goods and services (covering factories and offices, excluding Cello Pens) was based on a carbon footprint study of the Clichy headquarters (France) and two factories (BIC Amazonia in Brazil and BIC Rasoirs in France) using the ADEME Bilan Carbone® method. The study demonstrated that in addition to direct emissions (scope 1) and indirect emissions (scope 2), the main sources of other indirect (scope 3) emissions are: the purchase of products and services, upstream and downstream transport, and product end of life. Direct (scope 1) and indirect (scope 2) emissions plus these three main causes of scope 3 emissions account for nearly 80% of the Group’s total GHG emissions. For these three causes of indirect (scope 3) emissions, the Group is implementing procedures to limit its footprint through: eco-design (see page 53), the optimization of shipping by limiting the weight of its products, the reduction of air freight, the optimization of shipping routes, including selection of its locations (see page 70), as well as adoption of a circular economy approach (see page 57).

ANNUAL PRODUCTION OF WASTE NORMALIZED TO PRODUCTION – IN TONS/TON – BIC FACTORIES

0.233

0.235

0.180

0.033

0.032

0.033

2017

2015

2016

Non hazardous waste Hazardous waste

Cello Pens excluded (1)

68

BIC GROUP - 2017 REGISTRATION DOCUMENT