Eurazeo / 2018 Registration document
EURAZEO’S CORPORATE SOCIAL RESPONSIBILITY Non-Financial Performance Statement
Site safety and industrial accident prevention 2.2.3.3
Description of the potential areas of risk or opportunities
OBJECTIVES
RISK FACTORS
RISK ASSESSMENT METHODS Assessment of the level of exposure • Analysis of current procedures and policies •
Activity that may generate pollution relating to • industrial processes, the use of raw materials and manufacture of goods Lack of training or unfamiliarity with procedures, • process inefficiency or maintenance faults Sector that may be subject to deliberate external • intrusions or attacks
Ensure safety for sites, employee and local communities
2
RISK MANAGEMENT Pre-acquisition due diligence on HSE (Hygiene, Health/Safety and Environment) issues for all companies with industrial sites • Annual monitoring during CSR reporting •
OBJECTIVES
OPPORTUNITY FACTORS
A robust policy and operational processes, training and tests were set up to anticipate • and reduce business continuity risks
Ensure business continuity
EXAMPLE OF INITIATIVE The Seqens group is resolved to prevent industrial process incidents, serious injuries, deaths, pollution and any events likely to damage facilities or • its reputation. The approach is based on 3 pillars: Sharing of common values and strengthening of the Group’s safety culture; • Development of an efficient HSE management system integrating process safety; • Development of skills needed to roll out improvement programs. • All the production sites are subject to audits, inspections and regular visits which are used to prepare the annual HSE action plans. Policy applied at Eurazeo level Following the recruitment of a Security Director in 2016, Eurazeo improved the physical security of its sites by modifying its facilities, crisis management procedures and employee training. Due diligence procedures for portfolio companies Eurazeo incorporates site safety and industrial accident prevention aspects into acquisition due diligences as described in Section 2.1.1.1. In the industry sector, due diligences include Hygiene, Safety and Environment (HSE) components, including an analysis of environmental liabilities, assurance reports and the procedures in place. Post-acquisition action plans are monitored over several years, as described in Section 2.1.1.2, including the investment expenses relating to compliance work and the improvement in site safety conditions.
Results and performance indicators Eurazeo and its portfolio companies:
2018 Eurazeo and its portfolio companies
Compliance work and litigation (in thousands of euros) Environmental compliance work expenses during the year
3,748 3,657
Environmental provisions and guarantees
Fines and compensation paid in respect of environmental litigation
136
The coverage rate for Eurazeo and its portfolio companies was 100% in 2018.
Eurazeo
107
2018 Registration Document
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