Hermès // CSR Extract 2023
CORPORATE SOCIAL RESPONSIBILITY AND NON ‑ FINANCIAL PERFORMANCE BUSINESS MODEL
Planet: Priority issues
Main concrete measures and results for 2023
Strategic commitments
Ambitions and objectives
Define a trajectory for reducing the Group’s GHG emissions across all scopes and measure the emission reductions across the various scopes Study climate risks, act to reduce their impacts, analyse resilience scenarios and integrate them into the strategy
A decrease of 49.6% in absolute value of scopes 1 and 2 compared to 2018, and -52.2% of scope 3 in intensity. Emissions are in line with the Group’s 2030 objectives validated by SBTi Inclusion on CDP climate A list Climate risk analyses conducted on 100% of buildings in France Analysis of transition risks in order to anticipate changes in the upstream value chain and impacts on the activity of our main supply chains Participation in the IF initiative, a collaborative approach to strategic foresight and anticipation of physical risks induced by post‑2050 planetary boundaries Offsetting for 100% of scopes 1 and 2 and 100% of the "transportation" item (upstream and downstream)
-50.4% in absolute terms for scopes 1 and 2
Climate change
-58.1% in intensity for scope 3 between 2018 and 2030, objectives validated by the SBTi, compatible with the 1.5°C trajectory Update of the physical risk analysis for 100% of the scope of our physical sites by 2025
2
Finalisation of the IF initiative transition risk analysis by 2025
Undertaking voluntary carbon offset actions with high environmental, social and societal value added
Maintain and confirm the Group’s investments in Livelihoods programmes and develop regenerative agriculture programmes, allowing the increase of carbon sinks in the Group’s value chain. Achieve offsetting of 50% of our residual emissions between 2030 and 2040, and 100% by 2050 By 2025, validation of steps 1 and 2 by the SBTN initiative and launch of step 3 (setting of local targets for water and soil issues)
Diagnose our impacts on biodiversity across the Group’s entire value chain and define ambitions on a scientific basis Implement training initiatives for employees Implement actions in the métiers, in the supply chains and on sites
Achievement of steps 1 (materiality) and 2 (prioritisation) of the SBTN approach across the entire scope
Biodiversity
Training of more than 2,400 employees since 2021, including 900 in 2023 Biodiversity analysis of the cashmere supply chain with the University of Ulaanbaatar, WWF France and WWF Mongolia 100% of Leather Goods workshops (which have been in operation for more than a year) carried out an inventory and a biodiversity action plan (excluding Paris)
Train 100% of Group employees in biodiversity by 2025
Continue biodiversity analyses in our supply chains
Diagnose and implement action plans at 100% of industrial sites in France by 2025
2023 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL EXTRACT FROM 2023 UNIVERSAL REGISTRATION DOCUMENT HERMÈS INTERNATIONAL
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