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5
METHODOLOGY AND INDICATORS
5.1
Note on methodology
MATERIALITY ANALYSIS
To identify the specific issues Amundi faces in terms of its business
and its impacts, a materiality analysis was conducted in-house and
discussed with the auditors prior to publication of this report.
ORGANISATION OF THE REPORTING SYSTEM
The CSR Department is in charge of the consolidation of the extra-
financial data reported by the various contributors.
SCOPE OF REPORTING
The scope of the reporting is the entire financial scope of consolidation
of the Amundi Group, with the exception of:
p
certain HR data
available only at the Amundi SEU level, marked
in the indicator table with an asterisk.
Scope of SEU: Amundi, Amundi Asset Management, CPR Asset
Management, Étoile Gestion, Société Générale Gestion, BFT
Investment Managers, Amundi Finances, Amundi Immobilier,
Amundi Intermédiation, Amundi Private Equity Funds, Amundi
IT Services, Amundi Tenue de Comptes and Amundi Transition
Énergétique
(1)
;
p
environmental data
covering only France and subsidiaries with
more than 50 employees, except for KBI Global Investors, a
management company acquired by Amundi in 2016.
Scope of 2016 environmental data: France, United Kingdom,
Italy, Hong Kong, Singapore, Japan and the USA. The scope of
environmental data covers 88.1% of the Amundi group workforce.
p
The data for the Energy and Business travel items are collected
on the full environmental scope. Certain data could not be
obtained over the full scope of reporting. This is indicated beside
each indicator.
p
Data on the Paper, Water and Waste items are only collected in
France. On the international scope, given Amundi’s services and
the limited number of employees within the entities (between 63
and 186 FTEs per subsidiary), consumption is not significant.
p
US data were incorporated into the scope in 2016. They have
been deducted in order to compare the data to the 2015
financial year on a like-for-like basis.
PRESENTATION OF HR DATA
Unless otherwise indicated, the population under review is that of
working employees, presented in Full-Time Equivalents FTEs.
The notion of working implies:
p
a legal tie in the form of a standard permanent or fixed-term
employment contract (or similar, for international activities);
p
a presence on the payroll and in the position on the last day of
the period;
p
working time percentage of 50% or greater.
METHODOLOGY FOR CALCULATING THE
BENEFICIARIES OF SOCIAL IMPACT MANAGEMENT
In the absence of generally accepted practices and given the
difficulty of identifying the beneficiaries of each company in a uniform,
systematic way, impact estimates are made using a methodology
individually worked out with each investee company and based on
a ratio of “impact per €10,000 invested”. Using the rule of three,
Amundi’s contribution can thus be calculated. Note that doing so
calculates impacts on an assets basis and not an annual basis.
Note also that the scope does not include funds whose impact
occurs entirely outside of France and that the impacts of a financed
company are only reported after it has been part of the portfolio for
one year. The scope of impacts covers 90.4% of total assets under
management.
(1) Amundi Transition Énergétique is not part of the scope of financial consolidation.
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AMUNDI
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2016 Corporate social responsability report
Economic, social and environmental information
Methodology and indicators