EURAZEO_REGISTRATION_DOCUMENT_2017

EURAZEO’S CORPORATE SOCIAL RESPONSIBILITY

Progress and highlights of the year

Continuation of the experimental and innovative approach for measuring environmental, social and societal impacts Avoided environmental and social impacts As a long-term investor, Eurazeo first sought to value the impact of its actions on social and environmental issues in 2015. Its aim was to demonstrate that businesses can use CSR policies to leverage their performance and value creation. Eurazeo has accordingly decided to establish a methodology for assessing avoided impacts and determining the financial effects in partnership with a specialized firm. Nine investments participated in the first two evaluations; a further three joined the initiative in 2017: 12 companies are therefore included in the study of avoided impacts in 2017: AccorHotels (divested in 2018), Asmodee, Elis, Fintrax, Foncia (divested in 2016) and Novacap for Eurazeo Capital, and Groupe Colisée (divested in 2017), Dessange International, Groupe Flash, Léon de Bruxelles, Péters Surgical and Vignal Lighting Group for Eurazeo PME. Four indicators were measured, three relating to environmental issues (water, energy, fuel), and a fourth bearing on employee-related items (absenteeism). Avoided impacts are calculated on the scope of the Company (direct impacts), as well as beyond through the measurement of the environmental and economic benefits of specific initiatives that have an impact outside the Company’s scope (indirect impacts). Over the last seven years, CSR programs implemented by the investments reviewed served to avoid more than €214 million in expenditure, with direct savings totaling nearly €78 million. The investments also avoided the equivalent of 880,000 metric tons of CO 2 equivalent, more than 7 million cubic meters of water, nearly 2,200 GWh of energy and 436,000 hours of absence.

Continuation of Eurazeo’s exemplarity approach In 2014, Eurazeo created an internal working group known as “Eurazeo Exemplaire” bringing together Eurazeo and Eurazeo PME employees to propose and deploy initiatives in Eurazeo’s offices. By settling, early 2016, in the office building "Le Most", Eurazeo has chosen a building certified High Environmental Quality (HQE) standard at Exceptional rating, Excellent status under the BREEAM (Building Research Establishment Environmental Assessment Method) standard and low energy consumption status (BBC). Other initiatives have been undertaken, such as measures to reduce paper consumption by making HR documents paperless and the use of centralized printers controlled by a badge, the installation of a water filtration solution to reduce plastic waste, and the encouragement of low-emission means of transportation with the installation of charging stations for electric vehicles in the car parking lot. In addition, the change of premises in 2016 gave rise to environmental and charitable initiatives through the sale of a portion of used furniture to employees and the donation of the remaining items to Apprentis d’Auteuil, a charity supported within Eurazeo’s corporate sponsorship program. In early 2017, Eurazeo has worked with a specialized firm for carrying out an energy audit of its building. The assessment served to evaluate areas of improvement related to energy efficiency. During the year, Eurazeo also updated its carbon footprint to determine the biggest emission sources and actions to be implemented. 2The year 2017 was also marked by an awareness raising approach on climate issues. Eurazeo organized a meeting to raise the awareness of all of its employees and the CSR managers of its investments, it included a speech by a recognized expert. Lastly, a specific awareness campaign on climate change issues was organized for Eurazeo PME employees during the annual seminar. Implementation within the investments In 2017, Eurazeo carried out a carbon footprint measurement of its entire portfolio (Scopes 1, 2 and 3) with the help of a specialized firm. This approach consisted in identifying the main emission sources within each of the investments in order to calculate their emissions. This publication therefore includes, for the first time, a complete assessment of the carbon footprint of Eurazeo’s investments (the Grenelle II regulatory scope). This study is described in detail in Section 2.4.4, p. 118.

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BREAKDOWN OF 2017 EMISSIONS BY SCOPE (EURAZEO AND ITS INVESTMENTS)

20 % Scope 1

71 % Scope 3

9 % Scope2

99

Eurazeo

2017 Registration document