PERNOD-RICARD - URD 2021-22 EN

3. Sustainability & Responsibility The main sustainability risks and opportunities

Risk/ opportunity

Sub-risk/opportunity Definition

Subsections of Section 3

3.3.2 Valuing People 3.3.2.1 Talent management

People development and safety

Talent management Risks: Pernod Ricard may have difficulties

attracting and retaining the skilled people it needs due to: the competitive talent market; changes in the aspirations of younger generations; new global work outlook as a consequence of the pandemic; and the future of work that may require a new set of skills or skill-scarcity in specific domains. This may cause reputational & operational difficulties and impact financial performance.

Diversity & Inclusion Opportunities: diversity and inclusion are a strategic priority for Pernod Ricard. Its goal is to have management teams and a workforce that reflect the diversity

3.3.2 Valuing People 3.3.2.2 Diversity & inclusion

of its consumers globally. This will be achieved by:

fostering an inclusive organisational culture; creating an environment of equity, engagement and empowerment that facilitates everyone’s involvement in support of its business strategy. Risks: Pernod Ricard’s employees and contractors in production sites may be exposed to occupational injuries (2) or potentially permanent disability and death due to industrial processes or as a result of major industrial accidents or natural disasters. In addition, despite strict health measures, employees may have been exposed to Covid-19. Repeated lockdowns and remote working measures may have caused disruptions in the social ties and work-life balance of employees. The Group may also suffer reputational and operational difficulties. Risks: severe weather events or natural disasters may damage physical assets at production sites. Moreover, rising temperatures and changing seasons may alter industrial processes and the availability of ingredients. Pernod Ricard might be slow to react to such climate change and fail to adapt its supply chain resulting in financial losses and operational disruptions. Risks: these phenomena may also damage suppliers’ physical assets and affect the quality, quantity and geographical location of agricultural raw materials, resulting in operational disruptions.

3.3.2 Valuing People 3.3.2.3 Employee engagement & culture, working conditions and health & safety 3.3.2.4 Human Rights

Working conditions and Health & Safety at work

3.3.1 Nurturing Terroir 3.3.1.1 Supporting communities to regenerate ecosystems and tackle climate change 3.3.1.4 Impactful programmes on regenerative agriculture and biodiversity preservation

Physical risks of climate change and natural disasters

Pernod Ricard production sites

Pernod Ricard suppliers

3.3.3 Circular Making 3.3.3.2 Climate change: reduction and adaptation

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Pernod Ricard Universal Registration Document 2021-2022