FFP_REGISTRATION_DOCUMENT_2017
GROUP PRESENTATION
Employee-related, environmental and social information
INVESTING RESPONSIBLY: CSR AT UNLISTED INVESTEES
Total Eren and Louis Dreyfus Armateurs are also part of FFP’s portfolio. The information below is presented for information only and illustrates the main features of the CSR approaches taken by FFP’s non-listed investees. The information comes from the CSR questionnaire that FFP sends to all its investees. As a responsible investor, FFP wants to boost the holistic value creation of all its investees and ensure that it continues over the long term.
In this section, please note the following: FFP-Les Grésillons, Financière Guiraud SAS and SCA Château Guiraud are controlled by FFP via its wholly-owned subsidiary FFP INVEST . Owing to the non-material nature of this collection of companies within FFP’s portfolio, the provisions of article L. 225-102-1 of the French Commercial Code on employee-related, environmental and social information were not applied because they are not relevant.
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Château Guiraud Château Guiraud was the first of Sauternes’ “grands crus classés” to receive AB organic certification in 2011. That followed a three- year process of converting to organic methods, and 100 hectares now have AB certification. The benefits of organic methods for Château Guiraud include more environmentally friendly practices, increasing biodiversity over the years, a terroir that is reasserting its unique identity, and staff who are handling much less toxic products. For customers, the main benefit is that they are drinking wine that contains no pesticide residues. Organic methods also improve quality, with wines that express the full potential of the terroir. The organic approach is only part of Château Guiraud’s environmental protection policy, which seeks to achieve ongoing reductions in inputs and to replace phytosanitary products with plants.
2017 HIGHLIGHTS
Workforce-related Château Guiraud replaced some agricultural equipment to make working conditions less arduous, buying a easier-to-use high- clearance tractor with a vibration-reducing cabin. Existing tractors were also equipped with vibration-reducing cabins that also feature air-conditioning and heating. In terms of winegrowing work, Château Guiraud is gradually replacing its secateurs with more ergonomic and lighter models. Development of the wine tourism business In 2017, Château Guiraud recruited a communication officer in charge of social media and website redevelopment. The opening of a restaurant in the château’s chapel in 2018 will allow visitors to continue their Château Guiraud experience by enjoying cuisine and a location that fit harmoniously with the Château Guiraud spirit.
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FFP
2017 REGISTRATION DOCUMENT
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