2021 Universal Registration Document

NON-FINANCIAL PERFORMANCE STATEMENT: OUR ENVIRONMENTAL, SOCIAL AND SOCIETAL RESPONSIBILITY

Climate-related performance report

3.7.3

RISKMANAGEMENT

3.7.4

MEASUREMENT METHOD, INDICATORS AND GOALS

3.7.3.1

Identifying and evaluating risks related

to climate change Climate-related risks are incorporated into the Group-wide processes for risk identification, evaluation and management. The Risk Management Department is in charge of identifying and analyzing risks. The identification process highlights risks arising from both external and internal sources. The key consideration for identification is the potentially significant impact on the Group’s strategy, objectives, personnel, assets, environment and/or reputation. To enable a fluid approach, the risk identification and analysis process comprises two complementary components: a “bottom-up” free approach and a “top-down” structured approach. This two-fold approach makes it possible to identify redundancies and discrepancies.

Measurement method In 2020, BIC reviewed its method for evaluating scope 3 emissions. This was to provide an annual report on all types of emissions related to its operations in addition to those on which the Group has communicated in previous years (purchasing of raw materials and intra-company transport). This effort was undertaken in line with the GHG Protocol. The biggest sources of emissions for BIC are: the product use phase. The main impact is from the ● consumption of energy to heat water used in shaving; the impact of the raw materials purchased, in particular the ● impact of plastics used in the products; the impact related to the end-of-life of products after their use ● by the consumer.

3.7.3.2

Management of risks related to climate change and incorporation of climate-related risks in the overall risk management system

DECLARATIONOF GREENHOUSE GAS EMISSIONS (GHG) SCOPES 1, 2 AND 3 AND OTHER INDICATORS

8,226 (1%)

Upstream and downstream transport (scope 3) Purchase of products and services (scope 3) Use of BIC ® products (scope 3) Electrical consumption (scope 2 - location based ) On-site fuel oil consumption (scope 1)

Total emissions (scope 1, 2 & 3) ˜ 888,000 teqCO 2

The Executive Committee is in charge of managing the risks identified in BIC’s major risk mapping. Updates on the progress of the action plans for addressing certain key risks are also reviewed at meetings of the Board of Directors. The Executive Committee and the central departments, including the Legal Department and the Sustainable Development Department, monitor the risks on an ongoing basis.

Direct emissions (scope 1 & 2)

75,231 (8%)

291,000 (33%) 295,000 (33%)

74,000 (8%)

Indirect emissions (scope 3)

43,000 (5%)

Fixing of assets (scope 3)

57,000 (6%)

Emissions from other sources (scope 3) End-od-life of products sold (scope 3)

44,000 (5%)

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• BIC GROUP - 2021 UNIVERSAL REGISTRATION DOCUMENT •