AFD - 2018 Registration document

2

STATEMENT OF NON-FINANCIAL PERFORMANCE

The business model

Background Since 2004, AFD Group has been developing and implementing a corporate responsibility (CSR) approach covering both its internal operations and funding activities. On 8 March 2018, the AFD Board of Directors adopted a new corporate social responsibility policy pertaining to the 2018-2022 period, which strives to support the Group in the implementation of its 2030 agenda for sustainable development (1) . The CSR policy covers all challenges relevant to the Group in a consistent manner, whether such challenges are external or internal. As such, it endeavours to drive AFD Group’s excellence, consistency between its duties and the quality of its work, and cohesion within its teams. Presentation of the process Following the transposition of European Directive 2014/95/EU (2) pertaining to the disclosure of non-financial information, the “Grenelle 2” Act has been replaced, for financial years starting from 1 September 2017, by legislation requiring a “non-financial performance statement”, the “DPEF”.

The goal is to replace the previously exhaustive requirements of Article 225 of Grenelle 2 (detailed list of pre-established and identical CSR Information, regardless of the entity in question) with a more proactive and tailored approach. This statement provides information on the manner in which the company monitors the social and environmental consequences of its activity and – for listed or related entities, including AFD – the effects of this activity on human rights and the fight against corruption and tax avoidance. As such, it details: P the main risks related to the company’s activity, including, when relevant and proportionate, risks created by its business relations, products and services; P the policies and action plans implemented to control these risks; As an entity whose securities are admitted to trading on a regulated market, AFD is required to issue this new statement for the first time for its financial year 2018, on a consolidated basis. The chosen methodology is set out in the methodology note in Appendix 9, whereas the actual statement is included below. P the business model; P the results, including key performance indicators.

2.1 The business model

Under Chapter 1 of this document (Activities of Agence Française de Développement Group in 2018).

(1) Adopted on 25 September 2015 by Heads of State and Government gathered at a special Sustainable development summit, the 2030 Agenda sets 17 Sustainable Development Goals (SDGs) rolled out as 169 targets to meet the challenges of globalisation by focusing on the 3 components of sustainable development: the environment, social aspects and the economy. (2) Order No. 2017-1180 of 19 July 2017 regarding the disclosure of non-financial information by some major companies and some groups of companies, and Decree No. 2017-1265 of 9 August 2017 implementing Order No. 2017-1180 of 19 July 2017 regarding the disclosure of non- financial information by some major companies and some groups of companies.

34

www.afd.fr

REGISTRATION DOCUMENT 2018

Made with FlippingBook - professional solution for displaying marketing and sales documents online