Hermès // CSR Extract 2023

CORPORATE SOCIAL RESPONSIBILITY AND NON ‑ FINANCIAL PERFORMANCE COMMUNITIES: STAKEHOLDERS AND TRANSPARENCY

2.7.3.3 NON‑FINANCIAL COMMUNICATION The sustainability and performance of Hermès’ business model have been recognised on several occasions by independent bodies, such

as dedicated ESG rating and ranking agencies through their 2022 ratings. These assessments were carefully chosen by Hermès for their credibility, rigour and representativeness of the priority issues of the sector, including, but not limited to, the following analysts: (1)

SUBJECT

Assessor

2021 score

2022 score

2023 score

Change 2022/2023

➚

Climate

CDP CDP

A- A-

A-

A A

2

Water

A

=

A-, livestock questionnaire A-. timber questionnaire

A-, livestock questionnaire B. timber questionnaire

A-, livestock questionnaire A-. timber questionnaire

➚ ➚

Forests

CDP

ESG risks ESG risks ESG risks

ISS ESG

C+ “Prime”

C+ “Prime”

B- “Prime”

Sustainalytics

10.2 “Top 1%”

9.4 “1st/192”

9.4 “2nd/200”

= =

MSCI

A

AA

AA

61/100 “Advanced”

65/100 “Advanced”

65/100 “Advanced”

Moody’s ESG Solutions FTS4GOOD

ESG risks ESG risks

=

➘

2.9/5

3.8/5

3.6/5

S&P CSA questionnaire

➚

ESG risks

45/100

54/100

Top 3 companies promoting employment in France Top 3 companies promoting access to employment for people with disabilities

➚

Human resources

Humpact

Grand Prix

Grand Prix Emploi France

2nd in the category 1

1

1

➚

Classification

Corporate Knights UN Global Compact

5th in the category

5th in the category

2

General

Advanced

Advanced

Submitted

“Textiles and clothing manufacturing” category. (1) Status differentiation removed in 2023. (2)

The CDP is an international organisation measuring the environmental performance of cities and companies according to a rating ranging from A to F with three distinct assessments: Climate, Water and Forests. This year, Hermès entered the prestigious double A list, achieving the maximum score on Climate and maintaining it on Water. The Group is now ranked alongside the 71 companies deemed to have the best environmental performance on two or more themes. Hermès is rated A on Climate, A on Water and A-/A- on Forests. ISS ESG is a specialist ESG (environment, social and governance) non‑financial rating agency. The scores it attributes range from D- to A+. Hermès has made further progress this year to reach the B- rating, and retains the “Prime” status, distinguishing the top 10 best‑rated companies in the sector (with B as the best rating). The Sustainalytics rating agency, a subsidiary of Morningstar, one of the world’s leading providers of information and independent financial research, assesses the sustainability of companies through an analysis combining more than 80 ESG criteria. For the second consecutive year, in 2023 the House was still ranked as the best player in the Textiles and Apparel sectors (2nd out of 200 companies); Sustainalytics did not update its Hermès assessment in 2023.

The MSCI ESG rating index, which assesses more than 8,500 companies worldwide, measures the resilience of companies to risks (ESG) between AAA and CCC. The House confirmed its performance in 2023 in all categories: Environment, Social, Governance, with an AA rating despite the introduction of new rating criteria. As a reminder, since 2021 Hermès has been included in the CAC 40 ESG index, which includes 40 companies on the basis of their environmental, social and governance performance and is based on Moody’s ESG Solutions’ rating (formerly Vigeo‑Eiris). Hermès saw its rating improve in 2023, with a score of 65/100, and its position in the “Advanced” category was maintained. Hermès is included in the FTS4GOOD index, which reflects commitments and action plans on ESG issues, based on the FTS4G agency rating of 3.7 compared to 2.9 in 2020. Hermès is making rapid progress on its S&P ESG rating, which now stands at 54/100 vs. 45/100 in 2022, an increase of +9 points and +28 points compared to 2020. The rating agency Humpact measures the performance of 280 listed French companies, according to social dimensions such as job creation for young people and seniors, job quality and gender parity. The House was awarded the Grand Prix Emploi France for the third time in 2023.

Environment, social and governance. 1.

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

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