Hermès // 2021 Universal Registration Document

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CORPORATE SOCIAL RESPONSIBILITY BUSINESS MODEL

Métier /subsidiary sustainable development departments: they are responsible for leading the approach at their level and for signing up to a CSR roadmap each year. The Group’s main métiers and subsidiaries, which account for more than 80% of the business, have a dedicated sustainable development manager.

These bodies may be supplemented by management and ad hoc committees when new sustainable development projects are implemented by subsidiaries and entities. Cross-functional committees, led by Hermès’ head office departments, manage issues that are of common interest and often of a medium-term nature. They focus in particular on issues relating to recycling, materials innovation, the circular economy, sustainable construction and logistics.

READING GUIDE

In order to present the commitments, actions and results for the six pillars of Hermès’ CSR strategy as clearly as possible, the subsequent chapters have been organised as follows: An introduction detailing the commitment made by Hermès and how this relates to the Group’s values; s A summary of the key events and achievements of 2021; s A selection of indicators giving key figures on Hermès’ progress on all of its commitments in 2021; s A main handbook presenting in detail the policy implemented and actions carried out at all levels of the Group, as well as the achievements s and results of 2021; An “experts' handbook” providing detailed information, including figures, on Hermès' actions and results in 2021. s

62 2021 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL