PERNOD RICARD - 2018-2019 Universal registration document

3.

SUSTAINABILITY & RESPONSIBILITY The four pillars of the Good Times from a Good Place roadmap

the environmental risk mapping is based on a multi-criteria mapping — tool filled by affiliates and monitored at Group level. Affiliates identify and rate environmental risks throughout the product’s life cycle based on two criteria: their severity (including potential financial impact), scored from 1 to 7 and their probability, scored from 1 to 5.

Regarding management of these risks, each major risk identified is translated into a mitigation plan placed under the responsibility of a Group Director. Environmental risks’ mitigation plans are under the responsibility of the VP Operations. The environmental roadmap of the Group also sets environmental actions plans on main environmental risks.

Contribute to reducing climate change Policies Objectives

Achievements and next steps

2020 Environmental Roadmap

Focus on reducing the impact of production sites (Scopes 1 and 2): Reduction of carbon emissions per unit produced — by 30% at production sites, between 2009/2010 and 2019/2020. Through the new S&R strategy, the Group has set itself new ambitious goals to speed up progress and extend the perimeter of its actions (Scopes 1, 2 and 3), as follow: by 2030: reduction of absolute carbon emissions of — production sites by 30% (Scopes 1 and 2), base year 2018, validated by SBTinitiative to be in line with the below 2°C scenario; by 2030: reduction of the intensity of Scope 3 carbon — footprint by 50%, base year 2018; validated by SBTinitiative to be in line with the 2°C scenario; by 2025: 100% renewable electricity used in — production sites and administrative offices.

Since 2009/2010, carbon emissions per unit at — production sites have been reduced by 33.8%.

2030 S&R roadmap

Weight reduction for many of many bottle types has — already led to a significant reduction in the carbon footprint related to glass. A taskforce will be set up with the main distilleries to — identify technologies that will support achieving Scope 1 SBTs. Discussion with our main suppliers will be held to — set carbon reduction action plans contributing to Scope 3 emissions. A reporting tool and process will be designed and — implemented to better measure progress against SBT target. The share of renewable electricity used is 76% for — production sites, and 10% for administrative offices.

The activities of Pernod Ricard generate carbon emissions in several ways, and these contribute to climate change: directly, due to the use of fossil fuels on sites (Scope 1) and due to the — electricity consumed, which generated greenhouse gases emissions when produced by suppliers (Scope 2); indirectly, through products (agricultural raw materials, packaging, — etc.) and services (transport, etc.) purchased (Scope 3).

To contribute to reducing climate change, the Group follows a two-step approach consisting: in assessing its carbon footprint throughout the supply chain to — identify priorities; implementing relevant measures to reduce direct and indirect — emissions, working with production sites, farmers and suppliers.

Overviewof the Group’s carbon footprint and energy consumption Global performance

FY19

Unit

FY10

FY18

Energy Total energy consumed

MWh LHV

1,465,872

1,447,315

1,502,451

Energy consumption per unit (distilled alcohol)

MWh PCI/kl PA

7.49

6.22

6.11

% of renewable energy % of renewable electricity Carbon footprint Direct emissions (Scope 1)

% %

7

14 75

14 76

29

259,896 97,758 357,654

250,542 46,270 296,812

262,378

Indirect emissions (Scope 2)

35,151

Direct and Indirect emissions (Scope 1 + Scope 2)

t CO 2

e

297,529

Indirect emissions (Scope 3)

N/A N/A

2,492,641 2,789,453

2,745,949 3,043,478

Carbon footprint of the Group (Scopes 1, 2 and 3)

Carbon emissions intensity at production site level (Scopes 1 and 2)

t CO 2

e/kl PA

1.83

1.28

1.21

103

2018-2019

PERNOD RICARD UNIVERSAL REGISTRATIONDOCUMENT