Hermès // CSR Extract 2023

2

CORPORATE SOCIAL RESPONSIBILITY AND NON ‑ FINANCIAL PERFORMANCE THE PLANET: ENVIRONMENT

Industrial water Most of the water for manufacturing use (86.2%) is used by two métiers, tanneries and textiles. The total volume withdrawn at manufacturing sites worldwide corresponded to 608,452 m³ in 2023, mainly in Europe.

Over the past 10 years, the Group has maintained its aim of decoupling, with industrial water consumption increasing by a factor of 1.2 while activity grew 3.3‑fold. Over 10 years, water consumption (excluding farms) in intensity has fallen by 62.2%. In 2023, overall water consumption for industrial use decreased (-9.3%) compared to 2022, despite the impact of the integration of new sites in the reporting scope (decrease of 10% at constant scope). This is the result of continued reduction efforts on all the Group’s manufacturing sites.

BREAKDOWN OF INDUSTRIAL WATER CONSUMPTION BY MÉTIER IN 2023 (EXCLUDING FARMS)

water consumption in intensity in 10 years -62%

This year, the level of water stress was again assessed for all of the Hermès Group’s 75 manufacturing sites and farms using the Aqueduct tool’s new version 4.0 developed by the WRI (World Resources Institute) in 2023. Nine sites operate in areas with identified water stress. The water consumption of these nine manufacturing sites (11% of the total number) represents a very small proportion of the Group’s water abstraction (0.1% – 8 ML). These sites mainly use water for domestic purposes and are regularly monitored by the group’s industrial department.

* Crystal, Logistics, Perfume and Beauty, Porcelain, Beyrand, Watch division, Bootmaker, Silversmith.

INDUSTRIAL WATER Industrial water consumption

2018

2019

2020

2021

2022

2023

In megalitres

719.7

668.5

580.3

627.5

671.0

608.5

INTENSITY Water consumption – Group

2018

2019

2020

2021

2022

2023

Objective - 5%/year

3

Intensity m /revenue €M

121

97

91

70

58

45

As part of the operational implementation of the strategy to reduce water consumption, the Group has decided to implement an internal water price mechanism to reinforce decisions favourable to reducing the volumes abstracted. It is made available to the métiers in notional

form for capital expenditure calculations. This price was set at €1.5 per m in 2021. It may change depending on economic conditions. 3

2023 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL EXTRACT FROM 2023 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL

162

Made with FlippingBook - Online catalogs