Eurazeo / 2019 Universal Registration Document
Eurazeo Corporate Social Responsibility Non-financial Performance Statement
Responsible useand consumption of resources 3.2.3.5
Description ofmain issuescreating risks and opportunities
OBJECTIVES
RISK FACTORS
RISK ASSESSMENT METHOD Shortage risk assessment: use of a rawmaterial • that couldrun out,supplysustainability, rising costs
Use ofresources thatmaybe subject to supply • sustainability, shortage, banor cost increase issues Lack ofsubstitutioncapacityfor at-risk resources •
Limit exposureto at-riskraw materials
RISK MANAGEMENT Acquisition due diligences on the sustainability of rawmaterials • Identification of replacements •
OBJECTIVES
OPPORTUNITY FACTORS
Anticipating risks relating to raw material sustainability may reducethe risk ofsupply • chain shortage andbe a decisive factor.
Ensurebusinessresiliencethroughoutthesupplychain
EXAMPLE INITIATIVE Iberchem currentlyusesover 1,400 different natural andman-maderawmaterials.To preventsupplyshortages,the companyassesses supply • chain risk andcriticality. Furthermore, to safeguard its production, Iberchem has rolled outthe followingmeasures: major increase in inventories, intensified search for alternative suppliers tominimizethe shortage risk anddevelopmentof substitutes.
OBJECTIVES
OPPORTUNITY FACTORS
Encourage companies to roll outvoluntary measures to combatfoodwaste •
Preventfoodwaste
EXAMPLE INITIATIVE Preventing food waste isa priority topic in the GroupeC2S CSRapproach, in relation to the sustainable useof resources. In this vein, professionals • reviewtheir practices to guarantee the right product, the right drug andthe right care for the right patient, at the right time. This pursuit ofrelevanceis deployed to all clinical care processes. Preventing foodwaste isalso important in healthcare facilities.Clinics have adapted the amount of bread they give to patients to limitwaste. Moreover, canteen sortingbins raiseawareness offoodwaste amongstprofessionals,whilstrecovering productwaste.
OBJECTIVES
OPPORTUNITY FACTORS
Guidance for companies towardsmore virtuousmodelsto limitresourceconsumption • andreduce costs
Encouragea reasoneduseof resources while promoting thecirculareconomy
EXAMPLE INITIATIVES Across all its production sites, the 2RH groupalwaysreusesboxes received from suppliers to refurbish them and ship themto customers. • Moreover, the Group usesrecycledcardboardfor productpackagingandcontinuesto removepolystyreneandgraduallyintroducerecycled materialsinto its productdesign. The Seqens site in Yangzi (China)has implementeda water treatmentproject to reduce environmental impactsas partof a circular economy • initiative:saltwater, a bi-product of the site, isreused as a rawmaterialby a causticsodasupplier. WorldStrides has launched a box lunch recycling program. This initiative, in partnership with several foodsuppliers,helpsreduce packagingwaste • andraiseawareness ofrecycling amongst studentsandteachers. In 2019,around32,000 lunchboxes wereserved aspart ofthe initiative, avoiding 2.7 metric tons of potentialwasteper year.Thanksto this program, WorldStrides was named “Top Innovator 2019” at the “Climate Collaborative’s Better Business Challenge” in Charlottesville (USA).
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