Hermès // CSR Extract 2023

1

PRESENTATION OF THE GROUP AND ITS RESULTS STRATEGY

and support the Finance function in the consolidation of regulatory reporting. Each métier or production unit is committed to applying the principles of eco‑design to use materials wisely, as well as to reduce waste and promote reuse and recycling to move towards a circular economy. The widespread use of product LCAs (life cycle analyses) structures this approach. Through its engagement with local authorities and communities where its production sites are located, Hermès contributes to revitalising regions, and provides working conditions that offer proximity and stable employment. Thanks to the Fondation d’entreprise Hermès, the Company is expanding its philanthropic actions through artistic creation, education and transmission, solidarity and the preservation of biodiversity. The Group is an economic player that is committed to its ecosystem and its stakeholders. Hermès is committed to support its suppliers in meeting requirements in terms of traceability, certification, carbon trajectory, reduction in water consumption and the use of plastics. Its supply chain briefs are published on the House’s website, as well as its animal welfare policy. The House has increased the transparency of its non‑financial information, in particular through the publication of its Climate Transition Plan and its Forest policy.

In 2023, Hermès again saw an improvement in non‑financial ratings, reflecting the strength of its CSR commitments. Hermès was thus rewarded when it received the Grand Prix Emploi Humpact, which recognises achievements in social matters, for the third time, as well as the Grand Prix CAC Large 60 of the Transparency Awards, which recognises the quality of regulated information. Hermès is on the CDP A‑list (ranking of the 330 best performing companies worldwide on environmental issues), rated A for Climate and Water, and A- for Forest. The ISS agency published an improved rating of “B- Prime” ( versus C+ in 2021). The Group consolidated its position in the ratings of Moody's ESG and FTSE4Good. Hermès, a family business, has been able to adapt to changes while favouring a long‑term approach. The Group, on the strength of its craftsmanship savoir‑faire, its exclusive distribution network and its creative heritage, will continue its sustainable and responsible development.

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

16