Hermès // 2022 UNIVERSAL REGISTRATION DOCUMENT

CORPORATE SOCIAL RESPONSIBILITY AND NON ટ FINANCIAL PERFORMANCE BUSINESS MODEL

summarised as part of the CSR strategy, and described in more detail in the following sections of the document.

Understanding that the notion of risk itself contains an opportunity factor, Hermès uses the term “issues” to qualify its CSR approach in this Non‑Financial Performance Statement. These issues are

The results of the analysis conducted in 2022 are presented in the matrix below:

2

Sustainable materials and responsible sourcing Ethics and human rights Employee well-being and development Savoir-faire and corporate culture

•

Inside-out

• •

Biodiversity Socially responsible company

• •

•

Recruitment and talent retention Eco-design and circular economy Animal welfare Supplier support Diversity and inclusion

•

•

Institutional and non-financial communications

Climate change Energy-water and waste management

•

• •

• • •

Materiality (in the world)

Innovation and R&D

•

Materiality (at Hermès)

Outside-in

Planet:

Comments on results While the matrix built on the basis of the results of the 2021 analysis highlighted 10 priority themes, the prioritisation exercise conducted in 2022 highlighted three additional themes, showing the importance given to all components of the Group’s social responsibility approach. These 13 subjects (shown in the orange quadrants) are harmoniously distributed within the three pillars of the House’s strategy: People:

eco‑design and circular economy; s sustainable raw materials and responsible sourcing thereof; s

animal welfare; s climate change; s biodiversity; s energy, water and waste management. s

employee well‑being and development; s diversity and inclusion; s savoir‑faire and corporate culture; s recruitment and talent retention. s

Communities:

ethics and human rights; s socially responsible company; s supplier support. s

2022 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

57