HERMÈS - 2020 Universal registration document

CORPORATE SOCIAL RESPONSIBILITY PLANET: ENVIRONMENT

2.5.2.2.1 Greenhouse gas emissions The Group expanded and structured its climate action in 2020, with the following choices, approved by the Executive Committee. Carbon reporting will be fully aligned with the data detailed in the CDP (Carbon Disclosure Project), for which quantitative and qualitative information is public. This allows the reader of this URD to find more information, and avoids presenting partial data that is harmful to the analysis. Hermès has decided to report on all scope 3 categories, even if this requires working on the basis of estimates for certain items, considering that the quest for completeness contributes to the transparency of the analysis. The results will be analysed according to the long-term objectives (target for 2030), compared to the baseline situation adopted by the Group for 2018 (first year of contribution to the CDP, published in 2019). This choice makes it possible to check that the course is maintained, beyond the irregular short-term developments, which are inevitable given the changes to be implemented, which are not all linear and may require time.

Concerning scopes 1 and 2 (which represent 6.6% of the total), Hermès uses the so-called market-based approach, which consists of calculating the carbon footprint directly related to its energy purchases in each country considered, rather than using the average mix of countries. The Group has decided to continue its actions in terms of carbon offsetting, beyond its targets of 100% coverage of scopes 1 and 2, starting this year through one-off additional purchases, and in the longer term with new investments in the Livelihoods fund. In the following tables, the data is presented according to these principles. The data for 2018 are those of the CDP, and the figures for scopes 1 and 2 for the years 2018 and 2019 have been restated according to the market-based approach, to allow a fair comparison (see footnote 1. ).

2

GREENHOUSE GAS EMISSIONS

2018 20.8 15.5 36.3

2019 19.6 15.6 35.2

2020 18.3 16.3 34.6

Change/2019

Change/2018

Target 2030

IN K TONNES CO 2 EQ

Scope 1

Scope 2 market-based Total scopes 1 and 2

(-1.7%) (-3.0%) (-2.9%)

(-5%)

( -50% )

Scope 3

596.7

501.5 536.7

486.4 521.0

(-18%) (-18%)

Total Group

633

SCOPE 3 – IN K TONNES CO 2 EQ

2018

2019

2020

1. Purchased goods and services

424.5

387.2

366.5

2. Capital goods

26.7

10.7

28.9

3. Fuel- and energy-related activities not included in scope 1 or scope 2

2.8

2.7

2.6

4. Upstream transportation and distribution

20.7

14.2

17.7

Upstream

5. Waste generated in operations

8.8

9.3

5.8 3.2

6. Business travel

27

15.9

7. Employee commuting 8. Upstream leased assets

16.2

9.6

11.1

Not significant

9. Downstream transportation and distribution

70

51.7

48.5

10. Processing of sold products

Not significant Not significant Not significant Not significant

11. Use of sold products

12. End-of-life treatment of sold products

Downstream

13. Downstream leased assets

14. Franchises 15. Investments

-

-

2.1

Not significant

Total

596.7

501.5

486.4

Location-based scopes 1 and 2: 42.3 (2017), 42.2 (2018), 42.3 (2019), 45.3 (2020) in k TCO 2 eq. 1.

2020 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

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