PUBLIC
CSR webinar
for sell-side analysts
March 2021
PUBLIC
All information contained herein related to calendar year 2019
Calendar year 2020 information will be released with the
2021 Sustainability Report due in July 2021
OUR TRANSFORMATIONAL CSR STRATEGY
Our 'Movement for Better Luxury' is supported by four focus areas:
• People
• Sourcing
• Environment
• Communities
These four areas are driven by:
• Strong governance
• Active engagement
• Continuous innovation in materials and processes
GOVERNANCE
Management of CSR at Richemont:
Board of | Governance and | ||||
Directors | Sustainability | ||||
Committee | |||||
CFO | |||||
Member of the Board | |||||
of Directors and the | |||||
Senior Executive | |||||
Committee | |||||
- 4 Non-executive Directors, including the Lead Independent Director (Chairman)
- 3 ESG specialists
- Invitees: the CFO and 4 senior executives
Group CSR | Group CSR | |
Director | Committee | |
- Representatives from Maisons
- Representatives from Internal Functions
- Invitees: 4 Non-executive Directors including the Lead Independent Director
CSR Function
MATERIALITY MATRIX
Higher
Importance to stakeholders
• Human rights & labour standards in the supply chain
• Transparency and traceability of raw materials
• | Biodiversity | • | Climate change & other | |
• | Circular economy | environmental impacts | ||
• | Diversity & inclusion | • | Craftsmanship | |
• | Positive social impact | • | Governance & ethics | |
• | Health, safety & employee | |||
• | well-being | |||
Packaging & waste | ||||
• | Trade in protected species & | |||
animal welfare | ||||
• Non-governmental (NGO) & civil • | Community investment | • | Customer experience | |
society engagement | • | Data protection & cyber | ||
• | security | |||
Product design, creativity & | ||||
• | quality | |||
Talent & lifelong learning |
Top priority material issues
Other material issues
Issues managed as part of being a responsible, well-run business
Lower | Impact on the business | Higher |
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Disclaimer
Compagnie Financière Richemont SA published this content on 14 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 April 2021 15:36:00 UTC.