Hermès // 2021 Universal Registration Document






Environmental topics are supervised by a member of the Executive Committee in charge of the Manufacturing division & Equity Investments, who is supported by a Deputy Managing Director, in charge of the House’s industrial affairs department, and by the Group real estate department. These subjects are clearly at the core of the Group Sustainable Development Committee's discussions. An annual analysis is conducted by the main métiers of the House when the strategic plans are being prepared to identify issues in terms of environmental protection. These various challenges go hand-in-hand with practical objectives shared with the Executive Committee. From a regulatory perspective, the Hermès Group’s policy is to establish action plans that are adapted to the various métiers , in order to understand and comply with regulations (primarily adapted to a very rigorous European legal contest) but also to monitor progress made. Each métier is responsible for monitoring and implementing the applicable regulations. The industrial affairs and Group real estate department are responsible for alerts, oversight and control in this area. Industrial affairs department The industrial affairs department, together with the métiers and all players in the production entities, is pursuing an environmental policy formally approved by the Executive Committee and, with the support of the commercial and group real estate departments, coordinates the House’s energy programmes (construction, transport). Responsible real estate Prior to 2016, the Group real estate development department tested various certifications such as HQE, LEED and BREAM for its construction projects. None of these certifications covered all Hermès typologies: production sites, logistics centres, stores, offices, which made an overall assessment of the environmental performance impossible. Since then, in response to this issue, it has drawn up its own guidelines by associating the highest environmental standards with the House’s values. This new construction standard only concerns construction or development projects. This standard is significantly more demanding than the market standards (LEED, BREEAM, HQE), and covers 30% more criteria. In the coming years, it must give rise to certification work to confirm its robustness. carbon footprint; s air quality; s biodiversity; s local sourcing; s environmental health. s This web platform was launched in the second half of 2021 to manage and measure all the Group’s real estate projects.


Hermès’ environmental policy is based on several principles: comply with workplace Environmental Health and Safety (EHS) s regulations and to prepare for changes in these regulations whenever possible. The industrial affairs department coordinates a network of EHS Officers at the manufacturing sites; respect natural resources and favour the cleanest, most economical s technologies and the most environmentally-friendly substances: manage water responsibly and sustainably. Reduce volumes • abstracted, recycle and improve the quality of discharges in relation to ecosystems. Engage alongside stakeholders in the watersheds to preserve this shared resource, manage energy resources by reducing energy consumption and • favouring the use of renewable energies, respect and safeguard biodiversity, implement scientifically-based • objectives in the direct and extended sphere of responsibility. Voluntarily engage beyond the sphere of influence. Train, collaborate, evaluate and act; minimise waste production and recycle it as much as possible; s resolutely commit to a low-carbon world, implement s scientifically-based objectives and actions compatible with a trajectory limiting global warming to 1.5°C by 2050, across the entire value chain and beyond Hermès’ sphere of influence; increase the resilience of the Hermès model in the face of s environmental changes. Study their effects, inform and collaborate with our partners and suppliers to adapt the entire value chain.

Responsible real estate standard In 2021, Sustainable Construction becomes Responsible Real Estate to meet environmental commitments and deliver high-performance and sustainable buildings to the Group. This is reflected in the application of the criteria of the standard across the entire real estate value chain: from the choice of site to operation, including the design and works phases. Today, Responsible Real Estate has a management tool through a web platform that measures the environmental performance of projects by taking into account the five new objectives:


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