Hermès // 2022 CSR EXTRACT
CORPORATE SOCIAL RESPONSIBILITY AND NON ‑ FINANCIAL PERFORMANCE BUSINESS MODEL
Group sustainable development department: reporting to a member of the Executive Committee, this proposes and implements the strategy and oversees the approach taken by the committees and all functional and operating departments and Group subsidiaries, both in France and internationally. It monitors accomplishments, coordinates the operation of various committees (the Sustainable Development Board, Sustainable Development Directors' Committee and a Group Operations Committee), assists local committees and manages cross‑functional projects and non‑financial reporting. Group Operational Committee: composed of 83 members (compared to 45 in 2021) representing the main métiers , central functions and the French distribution channel, it analyses the technical and functional aspects of projects, validates them and allows information to be shared between its members. It met nine times in 2022, including a full‑day face‑to‑face session dedicated to the theme of biodiversity, with the creation of a biodiversity fresk.
Local Sustainable Development Committees: run by the main métiers and subsidiaries, they initiate and track actions launched, and share them during regional meetings. For the ninth consecutive year, the heads of the Sustainable Development Committees in the Asia, Europe and Americas regions met, remotely, for a half‑day seminar. Environmental initiatives are driven more specifically by an “EHS network” in France, run by the industrial affairs department. 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. 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 activity, have a dedicated or part‑time sustainable development manager.
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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 2022; s a selection of indicators giving key figures on Hermès’ progress on all of its commitments in 2022; 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 and results of 2022. s
2022 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL EXTRACT FROM 2022 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL
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