EURAZEO_REGISTRATION_DOCUMENT_2017
EURAZEO’S CORPORATE SOCIAL RESPONSIBILITY
Progress and highlights of the year
Establish exemplary governance Ambition: ensure that all companies have exemplary governance bodies
2016 (Pro forma)
2017 (Pro forma)
2017
2020 objectives 100% of companies to have at least 40% women Directors on the Board (1) (2)
7%
21% 44% 71%
24% 33% 67%
100% of controlled companies to have at least 30% independent Directors on the Board (1) 100% of companies to have an Audit Committee and a Compensation Committee (3)
33% 64%
2017 monitoring indicators Average percentage of independent Directors Average percentage of women on Boards Average effective term of office of members of Boards
25% 21%
27% 25%
21% 26%
2
4 years
4 years
3 years
Average annual number of Board meetings Average annual attendance at Board meetings
7
7
7
84% 86% 79% 79%
83% 93% 86% 86%
86% 86% 81% 76%
Percentage of companies with separate executive and supervisory bodies
Number of companies with an Audit Committee
Percentage of companies with a Compensation Committee
Methodological details: see Section 2.6 Methodology, p. 125. On Supervisory Boards (SB) or Boards of Directors (BD). Independence within the meaning of the AFEP-MEDEF recommendations. (1) In the 2017 scope: women account for more than 30% of Directors in 10 companies, between 10% and 30% in nine companies and less than 10% in (2) just two companies. Committees assisting the SB or BD in the decision-making process. (3)
Create sustainable value Ambition: ensure that all companies have a CSR progress plan To facilitate the implementation of a pragmatic and value-creating CSR approach, Eurazeo has laid down a CSR roadmap made available to all of its investments. Its goal is to see it deployed by all of them by 2020.
The roadmap has three major objectives for 2020: provide a robust CSR base: 100% of companies to have deployed • Eurazeo’s “7 CSR essentials”; identify the challenges and opportunities of sustainable • performance: 100% of companies to have quantified CSR progress targets; accelerate and maintain sustainable value creation: 100% of • companies to be involved in at least one CSR acceleration program.
2016 (Pro forma)
2017 (Pro forma)
2017
2020 objective 100% of companies to have deployed Eurazeo’s “CSR essentials” (1)
64%
67%
61%
The “7 CSR essentials” (2) (3) Appoint a CSR manager
79%
86%
81%
Establish annual CSR reporting
100% 100% 100%
Create an operational CSR Committee
71% 57% 53% 57% 33%
71% 71%
57% 67% 50% 52% 18%
Include CSR issues on the agenda of Board meetings at least once a year Conduct an environmental and/or greenhouse gas assessment every three years
60% 57% 27%
Perform a social barometer every three years Conduct CSR audits of priority suppliers
2020 objective 100% of companies to have quantified CSR progress targets Number of companies with quantified CSR progress targets
33% 5/15
40% 6/15
36% 8/22
2020 objective 100% of companies to be involved in at least one CSR acceleration program (4)
80% 12/15
87% 13/15
91%
Number of companies involved in at least one CSR acceleration program
20/22
Methodological details: see Section 2.6 Methodology, p. 125. The result is expressed as an average percentage of actions implemented by investments. (1) The results are expressed in number of investments. (2) Social and governance indicators are not applicable to CIFA. (3)
Eurazeo has three CSR acceleration programs: environmental footprint, gender equality and responsible procurement. Environmental footprint (or (4) life-cycle assessment, LCA) is a measurement of energy consumption, raw material use and discharges into the environment, as well as potential environmental impacts associated with a product, process or service over its entire life cycle (ISO 14040 definition).
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Eurazeo
2017 Registration document
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