Hermès // CSR Extract 2023
CORPORATE SOCIAL RESPONSIBILITY AND NON ‑ FINANCIAL PERFORMANCE THE PLANET: ENVIRONMENT
TOOLS AND RESOURCES Establishment of a technical and standards monitoring unit IT technologies are evolving fast, and responsible IT is undergoing rapid development. Regulations are gradually being introduced, accompanied by a collective awareness of the socio‑environmental issues of the sector. Companies and their suppliers are adapting and becoming attentive to technical, methodological and regulatory changes. The interconnection between the House’s business ethics model and the growing regulatory pressure around socio‑environmental impacts on the value chain is encouraging intensified collaboration with all stakeholders. As a result, HSI has structured a watch activity, aimed at monitoring both external movements (publications, reports, etc.) and internal news. The issue for HSI is to remain attentive to best market practices while being able to contextualise the regulatory expectations and the House’s DNA, which imposes a form of exemplarity in the use of resources, whether they are physical or digital. Implementation of tools to equip the House to achieve its sustainable development goals The House invests significantly in analysis of the market in terms of tools for the implementation, monitoring and management of sustainable development issues, reporting and measurement of the carbon footprint. The approach of Maison Hermès, as for many other subjects, favours reasoned choices adapted to its actual needs over the long term, as responsible IT does not currently offer a single, comprehensive or exhaustive solution. TRANSFORMATION AND CHANGE MANAGEMENT The majority of Hermès’ employees today use IT solutions, and therefore potentially contribute to limiting the Group’s digital environmental footprint. The challenges of change management are numerous, in particular collaboration between the various entities in order to avoid blind spots and duplication of solutions, and to provide the right information to the right people. To support Hermès employees in learning about and implementing the HSI CSR programme, a communication plan and a training course were created. They consist of awareness‑raising elements on responsible IT, events and documents to encourage acculturation on the subject, as well as meetings on expertise relating to specific HSI métiers.
2.5.4 RESOURCE MANAGEMENT The control of water and energy consumption, closely linked from an ecological and economic responsibility to the major global challenges faced today, is a goal shared by all the House’s entities. Thanks to its craftsmanship model, Hermès distinguishes itself by a moderate energy and water footprint as well as the generation of only small amounts of waste in absolute terms. This is even more true in relative value. Furthermore, the métiers are working to limit their respective consumptions through actions described in more detail below and thus contribute to the energy transition. LIMITING THE CONSUMPTION OF NATURAL RESOURCES: WATER, ENERGY Water Hermès sites draw water from natural environments and municipal water for their sanitary, industrial and agricultural uses. Farms in the Precious Leathers métier, located in Australia and the United States, draw most of the water used by the Group for livestock farming purposes (agricultural water). Behind these volumes, the other Hermès métier sites, located in Europe, and more specifically in France, draw water for industrial uses: in the materials transformation processes used to make Hermès objects: tanning, finishing and printing of textiles, polishing and finishing of metals, crystal cutting, the addition of decoration to porcelain, etc. The Group Industrial Director, who reports directly to the member of the Executive Committee in charge of the Manufacturing Division & Equity Investments division, coordinates water, manufacturing and agricultural issues. The objectives are validated and the achievements monitored by the Sustainable Development Committee. Each métier draws up action plans and presents the investment plans and resources required to achieve the Group’s objectives to the industrial department. Major investments are approved by the Executive Committee, in particular the new wastewater treatment plants. 2.5.4.1 2.5.4.1.1 To meet the challenges of responsible IT and reduce the digital carbon footprint, some members of HSI will participate in the rollout of several responsible IT initiatives. These initiatives address various topics: monitoring of KPIs, recycling of waste electrical and electronic equipment, deletion of data and supplier challenges.
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Objectives: continue the decoupling of industrial water consumption from business growth; s reduce water consumption by 5% per year in intensity (m /€M of revenue, like‑for‑like scope) on a voluntary basis over the period from 2018 to 2030, with increased attention on sites located in areas of water stress; s 3 implement a multi‑stakeholder approach and construct with external stakeholders (regional departments, municipalities or professional associations) strategies to optimise water management and the quality of discharges. s
2023 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL EXTRACT FROM 2023 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL
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