HERMÈS - 2020 Universal registration document

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CORPORATE SOCIAL RESPONSIBILITY COMMUNITIES: STAKEHOLDERS AND LOCAL INTEGRATION

COMMUNITIES: STAKEHOLDERS AND LOCAL INTEGRATION

2.7

Hermès’ sustainable development is rooted in harmonious long-term relationships with its stakeholders. Hermès develops its corporate citizenship wherever it operates, contributing to the economic, social and cultural vitality of the regions. Hermès communicates its sustainable development ambitions and achievements with its stakeholders. More broadly, the House contributes to the public dialogue by sharing the specificities of its responsible and sustainable model.

Introduction Aware of its responsibility in terms of contribution to regional development, Hermès locates its production activities in France. With more than 400 reasonably-sized sites (production units, stores, logistics sites, offices) worldwide, Hermès contributes to regional sustainable development by providing employment (4,356 new employees over the past five years) and promotes the creation of sustainable value (local recruitment, training of employees, etc.). Diverse initiatives enable Hermès to express its uniqueness, as well as extend its outreach into numerous regions, and create constructive ties with local economic players. Harmonious relationships with our stakeholders contribute to Hermès’ positive impact and strengthen employee pride in belonging to the Company. Moreover, the House’s subsidiaries and sites organise local charitable operations. They encourage employees to become more involved in the various issues, each in their own ways. Giving time, giving of one’s self, opening oneself up to others, giving back to the world part of what they have received… throughout the world, numerous local interest projects are alive and active thanks to Hermès.

Hermès’ founding values are also expressed through the Fondation d’entreprise Hermès, founded in 2008, which supports sponsorship projects that seek to enhance and pass on savoir-faire , and promote biodiversity.

COVID-19 Confronted with an unprecedented health situation throughout the year, Hermès faced up to it by reaffirming its humanist values through unprecedented mobilisation and adaptation. Very quickly, many generous solidarity initiatives were carried out to best support the various stakeholders (hospitals, caregivers, etc.) throughout the world. The Group decided not to seek any State aid relating to partial activity measures. This decision has been applied in all countries where the Group operates. The actions are detailed in § 2.7.2.1.2 of this chapter.

182 2020 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL