Imerys' : annual Communication on Progress reporting — PDF (13.64 MB)

ADVANCED COMMUNICATION ON PROGRESS

United Nations Global Compact

2020 - 2021

Statement of continued support of the United

Nations Global Compact

Dear Stakeholders,

In 2016, Imerys became a signatory of the United Nations Global Compact and this year again we are pleased to reaffirm our commitment to the Ten Principles of the United Nations Global Compact (UNGC) in the areas of Human Rights, Labor, Environment and Anti-Corruption.

We have made a long-term commitment to build our business on the UNGC Principles, integrating them within our corporate values and company processes. Our ambition is to unlock the sustainable potential of minerals by embedding sustainable thinking into everything we do.

We express our ambition through SustainAgility, which is about safeguarding the future - of our business, our people, the communities in which we operate and the world in which we live. It's about embedding sustainable thinking into every aspect of our business, from the day-to-day decision we make to our long term strategy. To unlock the sustainable potential of minerals we are empowering our people to provide innovative solutions to the environmental and societal challenges facing the world. We are caring for our planet by reducing emissions and playing a positive role in protecting local ecosystems and economies. And we're building for the future by seizing exciting new business opportunities to deliver sustainable solutions that will secure our long-term viability.

We are committed to dedicating considerable efforts to support the UNGC Principles and to engaging in collaborative projects that advance the broader United Nations Sustainable Development Goals. Our SustainAgility objectives, Group policies and operational practices contribute directly to 9 of the 17 UN Sustainable Development Goals, considering that by focusing on these particular goals, we also contribute indirectly to the others.

Our annual Universal Registration Document serves as our Communication on Progress (COP) in implementing the Principles. To this effect, Imerys has made a clear statement of our commitment to our stakeholders and the general public within our 2020 Group Universal Registration Document, which is available on our Group website (www.Imerys.com).

We have a duty to extract and transform minerals responsibly and sustainably over the long term to meet society's needs. SustainAgility is about much more than just ticking the boxes - it's about a shared sense of purpose to maintain a sustainable business and set us apart, now and long into the future.

Chief Executive Officer

43‌‌Quai‌‌de‌‌Grenelle,‌‌75015‌Paris‌‌-‌‌France‌‌

Tel:‌+33‌‌‌(0)1‌49‌‌‌55‌‌63‌‌00‌‌-‌Fax‌‌:‌‌+33‌‌‌(0)1‌49‌‌‌55‌‌63‌‌01‌‌-‌www‌.imerys.com‌

Imerys,‌Societe‌‌ Anonyme‌‌ au‌‌ capital‌‌ de‌‌ 159‌‌208‌‌ 570‌‌ €‌ ‌-‌‌562‌‌008‌‌ 151‌‌ RCS‌‌ Paris‌‌‌ -‌SIRET‌‌562‌‌ 008‌‌ 151‌‌ 00119‌‌ -‌‌NAF‌‌7010Z‌‌

Attachment 1 - Imerys - 2020 Universal Registration Document - Chapter 1 - Integrated Report

ANNUAL FINANCIAL REPORT

UNIVERSAL

REGISTRATION

DOCUMENT

Content

1 Integrated report	3
	Interview	4

1.1 Imerys, the world's leading supplier of mineral-based specialty solutions

for the industry	6
1.2 A profitable growth strategy	20

1.3 Governance at the heart

		of the Group's philosophy	31
	Risk factors and
2 internal control	37
2.1	Risk factors	38
2.2	Risk management and internal control	44
	Corporate Social
3 Responsibility	51
3.1	Vision and ambition	52
3.2	Stakeholder engagement	54
3.3	Material CSR risks	54
3.4	Key objectives and performance	57
3.5	Empowering our people	57
3.6	Caring for our planet	68
3.7	Building for the future	79
3.8	Reporting methodologies	87

3.9 Attestation of completeness and limited assurance report

		of one of the Statutory Auditors	97
4 Corporate Governance	99
4.1	Board of Directors	102
4.2	Executive Management	134
4.3	Corporate officers' compensation	136

4.4 Transactions completed by corporate

officers in Company shares

153

• Comments on fiscal year 2020 155

5.1 Highlights

156

5.2 Detailed comments on the 2020

annual results

157

5.3 Detailed comments by business

segments	160
5.4 Outlook	162

5.5 Definitions and reconciliation

of alternative performance measures

to IFRS indicators

163

5.6 Activities and results
of Imerys SA in 2020	164

6 Financial statements	169
6.1	Consolidated financial statements	170
6.2	Statutory financial statements	251
6.3	Statutory Auditor's reports	270
	Information about
	the Company
7 and its share capital	281
7.1	Information about Imerys	282
7.2	Relations with shareholders	285
7.3	Share capital and shareholding	288

7.4 Elements that could have an impact

in the event of a takeover bid	298
7.5 Dividends	298

7.6 Parent company/Subsidiary

organization	299
7.7 Statutory Auditors	301

7.8 Related party agreements and assessment procedure for arm's

length agreements

301

	Ordinary and Extraordinary
	Shareholders' Meeting
8 of May 10, 2021	303
8.1 Agenda	304

8.2 Presentation of the resolutions

		by the Board of Directors	305
8.3	Statutory Auditors' reports	315
8.4	Draft resolutions	319
9 Appendices	331

9.1 Person responsible for the Universal

Registration Document

332

9.2 Person responsible for the financial

information

332

9.3 Declaration by the person responsible for the Universal Registration Document, including the Annual

Financial Report

332

9.4 Information included in the Universal

Registration Document by reference	332
9.5 Cross-reference tables	333