Hermès // CSR Extract 2023
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CORPORATE SOCIAL RESPONSIBILITY AND NON ‑ FINANCIAL PERFORMANCE COMMUNITIES: STAKEHOLDERS AND TRANSPARENCY
2.7.2 SOCIALLY RESPONSIBLE COMPANY Hermès seeks to fit harmoniously into the local economic environment. The House is determined to be a socially responsible company actively involved in the life of local communities with which it builds and develops strong ties. The craftsmanship model that it employs in France brings with it a regional corporate responsibility, and even beyond, because its employees contribute to the development of their communities through simple actions: giving time, getting involved, being open to others, receiving, and so on. Around the world, a multitude of opportunities are available at Hermès. POLICY The Hermès Group’s policy is to ensure that each production and distribution unit maintains a dialogue and undertakes concrete actions with local authorities and stakeholders, with the goal of healthy integration in the local community, as a good, trustworthy, civic‑minded neighbour, poignant examples of which are set out below. The distribution subsidiaries, for example, have an annual target in this area. GIVING BACK TO THE WORLD A PART OF WHAT Hermès participates in value creation in France through the direct employment of 13,723 people, and increased its workforce by 1,363 people in 2023 compared with the previous year. Although 74% of the objects are produced in France, 91% of the Group’s sales are made outside France, thus making a positive contribution to the French trade balance. In addition, the Group is attentive to the harmonious sharing of added value in order, on the one hand, to secure its future development and, on the other hand, to contribute to social and societal equilibrium. Thus, on average over the last three years ( i.e. from 2021 to 2023), the value added and the share distributed break down as presented in the following diagram: 2.7.2.1 2.7.2.1.1 corporate collective aiming to pool the human, financial and real estate resources of companies and mobilise them in helping people in difficulty and the homeless. HTH is also a partner of the association “Viens voir mon taf” (“Come see my work”), enabling students in priority education areas, without a network or contacts, to carry out an internship in a company. Lastly, the division helps job seekers in the region by offering them job interview simulation workshops. IT GIVES, THROUGH IMPACTFUL ACTIONS Corporate Responsibility – sharing value
Thus, in 2023, Est Ensemble launched a project to plant 20,000 trees in four years wherever possible, in order to reintroduce biodiversity into the city, to cool and provide shade to residents and thus contribute to improving the region’s resilience in the face of climate change. The objective is to provide each inhabitant with 10 m² of green space, as recommended by the WHO. Motivated by the shared interest in strengthening the presence of nature and biodiversity in the city, Hermès is committed to supporting this ambitious project, which represents an amount of €3 million. In Pantin, the House has launched an “equal opportunities” strategy in conjunction with two secondary schools in Pantin. Each year since 2021, it has offered internships to young students, aimed at allowing them to discover the métiers that make up a company, to see the diversity of career paths and showcasing the work. This initiative enables employees to appreciate daily life in the neighbourhoods without bias. In 2023, employees also rolled out the Climate Fresco for 40 students, selected for their role as eco‑delegates. Textile Holding Textile Hermès maintains close relations with the silk apprentice training centre (CFA Textile) and FrenchTex, France’s leading regional professional textile organisation. As such, it also sits on the Boards of Directors of Cepitra and the Chambre d’Apprentissage des Métiers Textile. The Managing Director of HTH is Chairman of Intersoie, an inter‑professional organisation in the sector in France. Holding Textile Hermès also participates in the “Alliances et Territoires” community, a network of major Lyon companies as well as the MMIE du Rhône, which develops cross‑functional events and actions on current topics or issues related to recruitment, training and skills development. The SME BoostInnov programme thus enables HTH’s employees to receive training while providing support to small businesses in the region. The new non‑profit project of Alliance et Territoires has been in progress since September 2023, with the support of the Regional Directorate for the Economy, Employment, Labour and Solidarity (DREETS) of the Rhône, with which a 24‑month revitalisation agreement was signed. HTH is also a member of Alliance Coaching alongside other local companies and CARSAT . This is an inter‑company partnership agreement enabling the internal coaches of each of the structures to carry out individual coaching actions for employees of other companies bound by the agreement. The operating principle is based on reciprocity of services, which makes it possible to provide professional coaching without a budget to devote to the training plan (one or two assignments per year). In 2023, an Ateliers AS employee was able to benefit from this. In addition, Holding Textile Hermès is a partner for the third year in a row of Entreprise des Possibles, a (1)
1. Caisse d'assurance retraite et de la santé au travail (retirement insurance and occupational health organisation) .
2023 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL EXTRACT FROM 2023 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL
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