Hermès // 2021 Universal Registration Document
CORPORATE SOCIAL RESPONSIBILITY COMMUNITIES: STAKEHOLDERS AND TRANSPARENCY
Launched in 2020, this digital space incorporates in its communication the best practices established by: CDP (Carbon Disclosure Project) for carbon, water and forest issues s in chapter 2.5 "The Planet: Environment", § 2.5.2;
SASB (Sustainability Accounting Standards Board): cross-reference s table in § 2.7.2.2.1 below; TCFD (Task Force on Climate-related Financial Disclosures) in s § 2.7.2.2.2.
The Hermès Group’s interactions with its stakeholders illustrated in this chapter break down as follows 1. :
2
CDP / SUSTAINALYTICS / MSCI / VE / HUMPACT
• ISS ESG • CDP • Sustainalytics • MSCI • V.E • Humpact
• Hermès in the Making • Portes du cuir • Open days • Empreintes sur le Monde (Footsteps across the World)
Customers
Schools
Non-financial
• Schools • National Employment Agency
• Manufacto (Fondation d’Entreprise) • Sciences Po (Sustainable Development Chair) • Paris School of Economics • Cambridge Institute for Substainability Leadership (CISL)
• Fashion Pact • EPE (Enterprises for the Environment) • ORSE • MEDEF • AFEP • Federation of Haute Couture and Fashion • CNC / CTC (National Leather Council/Leather Technical Centre) • French federation of enterprises and companies in the silk industry • Colbert Committee • ICFA • CABAT (French Army Wounded Aid Unit)
Hermès
Professional organisations
Suppliers
• Chapter 2.6
Non-governmental organisations Non- governmental i i
Local governments
• WWF • Livelihoods • RSPCA • UICN
• Relations with elected officials • Seine-Saint-Denis • Production sites
The relevance of Hermès’ business model has been recognised on assessments were carefully chosen by Hermès for their credibility, rigour several occasions by independent bodies, such as ESG rating and and representativeness of the priority challenges of the sector, including, ranking agencies 2. dedicated, through their 2021 ratings. These but not limited to, the following analysts:
Assessor
2019 score
2020 score
2021 score
SUBJECT
Climate change
CDP CDP CDP
B B B C
B
A- A- A-
Water
A-
Forests
B C
ESG risks ESG risks ESG risks ESG risks ESG risks
ISS ESG
C+ “Prime”
72/100
-
10.2 “Top 1%”
Sustainalytics a
MSCI
BBB
BBB
A
VE
- - -
43
61 “Advanced”
FTSE Russel
-
2.9
Human resources
Humpact
Grand Prix
Grand Prix (5 stars)
C+
C+
B
General General
Positive Economy Institute b
UN Global Compact
Advanced
Advanced
Advanced
Change in methodology in 2020. (a) The 2019 and 2020 scores were recalculated using the new 2021 methodology. (b)
ISS ESG (formerly Oekom) is a specialist ESG (environment, social and governance) rating agency. The scores it attributes range from D- to A+. This year Hermès reached the “Prime” level with a C+ rating.
CDP is an international organisation that has been recording the environmental performances, particularly climate actions, of more than 8,400 companies since 2002. The average scores of the “apparel design” segment in Europe are C for Climate & Forest, and B- for Water.
List not exhaustive. 1. Environment, Social and Governance 2.
2021 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL
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