Legrand Sa · EURONEXT:LR
Legrand Sa — Investor Day (March 2022)
33 slides from Legrand Sa's investor day presentation, Mar 29, 2022
Slide 1: ESG Capital Markets Day
¢¢© ESG Capital Markets Day March 29 th , 2022 1
Slide 2: Introduction
¢¢© I NTRODUCTION Benoît Coquart, CEO 2
Slide 3: Improving lives by transforming the spaces where people live, work and meet
Improving lives by transforming the spaces where people live, work and meet, with electrical and digital infrastructures and connected solutions that are simple, innovative and sustainable 3
Slide 4: Legrand's CSR strategy feeds its growth strategy (1/4)
Legrand’s CSR strategy feeds its growth strategy (1/4) CSR has been a core part of the Group’s integrated performance… CLOSE TO CLEAR CSR, QUALITY REPORTING 20 YEARS COMMITMENT ON CSR & GOVERNANCE A SIZEABLE PART OF OUR AND SUSTAINABILITY PROCESSES INCENTIVE SCHEME AUDITED RESULTS • CSR department c
Slide 5: Legrand's CSR strategy feeds its growth strategy (2/4)
Legrand’s CSR strategy feeds its growth strategy (2/4) … with Board governance as one of its pillars SEPARATE INDEPENDENCE AND COMPLEMENTARY CORPORATE GOVERNANCE DIVERSITY STRONG INVOLVEMENT EXPERTISE STRUCTURE • Separation of duties • 75%(1) of board members are • 28 meetings in 2021 • 50%(1) are C
Slide 6: Legrand's CSR strategy feeds its growth strategy (3/4)
Legrand’s CSR strategy feeds its growth strategy (3/4) Our objective is to directly impact Legrand and its stakeholders CREATING VALUE CREATING VALUE CREATING VALUE FOR OUR FOR OUR FOR OTHER EMPLOYEES CLIENTS STAKEHOLDERS • Ensuring a safe, inclusive & stimulating • Providing energy efficient produc
Slide 7: Legrand's CSR strategy feeds its growth strategy (4/4)
Legrand’s CSR strategy feeds its growth strategy (4/4) Our new 2022-2024 roadmap, based on those principles, will be focused on what truly matters PROMOTE DIVERSITY & REDUCE OUR CARBON DEVELOP A CIRCULAR BE A RESPONSIBLE INCLUSION FOOTPRINT ECONOMY BUSINESS • Gender • On all Scopes • Phasing out sin
Slide 8: Opening Legrand's next CSR chapter
Opening Legrand’s next CSR chapter Agenda of the Day o Key outcomes of Legrand’s historical CSR commitments o Mid- and long-term commitments o New CSR roadmap (2022-2024) o Managing our integrated performance 8
Slide 9: Key outcomes of Legrand's historical CSR commitments
Key outcomes ¢¢© of Legrand’s historical CSR commitments Virginie Gatin, EVP CSR 9
Slide 10: Concrete actions & successes linked to historical commitments (1/3)
Concrete actions & successes linked to historical commitments (1/3) Reducing Legrand’s negative externalities … WHILE BUSINESS LEGRAND DECREASED ITS ENVIRONMENTAL NEGATIVE EXTERNALITIES … GREW SIGNIFICANTLY €7.0Bn DIRECT ENERGY CONSUMPTION(1) (GW H) CO2 EMISSION REDUCTION(1) (SCOPES 1&2 IN TEQ CO2(2
Slide 11: Concrete actions & successes linked to historical commitments (2/3)
Concrete actions & successes linked to historical commitments (2/3) Improving employee's health & safety ACCIDENTS ACCIDENTS EMPLOYEE HEADCOUNT(2) FREQUENCY RATE (FR1(1)) SEVERITY RATE 8.64 0.24 38,207 -76% -50% 33,512 0.12 +14% 2.11 2011 2021 2011 2021 2011 2021 1. FR1: accidents with lost time. 11
Slide 12: Concrete actions & successes linked to historical commitments (3/3)
Concrete actions & successes linked to historical commitments (3/3) Strong emphasis on diversity & inclusion as well as employee well-being DIVERSITY SERENITY ON EMPLOYEE TRAINING 26.7% >21,000 97 % of female managers employees trained on up +18% Deployment business ethics (2019-2021) since 2018 (22
Slide 13: CSR contributing to employee engagement
CSR contributing to employee engagement Latest engagement survey carried out mid-2021 STRONG EMPLOYEE ENGAGEMENT 3rd 80 % Steep increase From 2017 Highest positive score “diversity & inclusion” 13
Slide 14: Mid- & long-term commitments
Mid- & long-term commitments Virginie Gatin, EVP CSR 14
Slide 15: Mid-term ambitions for 2030
Mid-term ambitions for 2030 3 pillars ACTING FOR THE CLIMATE FOSTERING DIVERSITY AND INCLUSION INCREASING ECO-RESPONSIBLE REVENUE IN THE WORKPLACE SBTi-validated targets: • -50% direct carbon emissions (Scopes 1&2) at current perimeter and • ~80% of sales made with eco-responsible • 1/3 of key posit
Slide 16: Carbon commitments 2022-2050
Carbon commitments 2022-2050 A series of commitments 2022 2022-2024 2030 2050 1ST STEP CO2 EMISSIONS REDUCTION SBTI-VALIDATED TARGETS CARBON NEUTRALITY AS PART OF 5TH CSR ROADMAP IN LINE WITH 1.5°C TARGET CARBON NEUTRALITY Offsetting Scopes 1&2 emissions -10% direct carbon emissions -50% direct carb
Slide 17: SBTi validated Scope 1, 2 & 3 commitment to 2030
SBTi validated Scope 1,2 & 3 commitment to 2030 Legrand’s CO 2 emissions evolution 2019-2030 SCOPES 1&2 REDUCTION (-50% 2019 TO 2030) • Energy efficiency • Renewable energy 5% of Legrand’s emissions(1) • Electric and hybrid vehicles Scope 1+2+3 in a Business as Usual scenario SCOPE 3 REDUCTION (-15%
Slide 18: New CSR roadmap (2022-2024)
New CSR roadmap (2022-2024) Virginie Gatin, EVP CSR 18
Slide 19: Building our new 2022-2024 CSR roadmap
Building our new 2022-2024 CSR roadmap The CSR materiality survey: the starting point of a thorough definition process A ROBUST PROCESS LEADING TO A FORMAL THE RESULTS OF LEGRAND’S CSR MATERIALITY SURVEY CSR ROADMAP From stakeholder consultations to internal decision-making processes, RESPONDENTS FR
Slide 20: New 2022-2024 CSR Roadmap
New 2022-2024 CSR Roadmap 4 pillars & 15 priorities guiding our actions RESPONSIBLE BUSINESS DIVERSITY AND INCLUSION • Customer satisfaction • Legrand business ethics • Gender diversity commitment (compliance) • Diversity & Inclusion labelling • Employee development (training) • Employability of ear
Slide 21: 2022-2024 CSR Roadmap (1/4)
2022-2024 CSR Roadmap (1/4) Promote diversity and inclusion GENDER DIVERSITY DIVERSITY & EMPLOYABILITY OF SUPPLIERS INCLUSION LABELLING EARLY IN CAREERS DIVERSITY & INCLUSION Reach a ratio of 30% of Reach 80% of employees Offer each year 4,000 new Develop 200 additional women in management in a “div
Slide 22: 2022-2024 CSR Roadmap (2/4)
2022-2024 CSR Roadmap (2/4) Reduce our carbon footprint AVOIDED CO2 EMISSIONS FOR CO2 EMISSIONS DECREASE CO2 EMISSIONS DECREASE OUR CLIENTS (SCOPE 1&2) (SCOPE 3) Allow customers to avoid 12 million Reduce each year by 10% our Encourage 250 suppliers to tons of CO2 emissions thanks to Scopes 1 & 2 CO
Slide 23: 2022-2024 CSR Roadmap (3/4)
2022-2024 CSR Roadmap (3/4) Develop a circular economy PHASING OUT INCREASED USE OF SINGLE USE PLASTIC PRODUCT SUSTAINABLE RECYCLED MATERIALS PROFILE IN PACKAGING Reach 15% of recycled plastics Eliminate 100% of single use Cover 72% of Group sales with and 40% of recycled metals in our plastics in f
Slide 24: 2022-2024 CSR Roadmap (4/4)
2022-2024 CSR Roadmap (4/4) Be a responsible business CUSTOMER BUSINESS ETHICS & EMPLOYMENT SAFETY AT WORK EXTENDED SOCIAL SATISFACTION COMPLIANCE ABILITY & SKILLS COVERAGE Reach 90% of sales Sustained investment Train each year 85% of Decrease by 20% the Extend the Serenity On made with satisfied o
Slide 25: Managing our integrated performance
Managing our integrated performance Franck Lemery, CFO 25
Slide 26: Managing integrated performance (1/3)
Managing integrated performance (1/3) CSR led by exemplary Governance Independent Chairwoman of INSIGHTS INTO Legrand’s Board LEGRAND’S GOVERNANCE Angeles Garcia-Poveda 26
Slide 27: Managing integrated performance (2/3)
Managing integrated performance (2/3) CSR performance spurred through disciplined processes REGULAR MILESTONES OPERATIONAL RISK DECISION MAKING BEST PRACTICES MANAGEMENT • Frequent & regular meetings • Risk mapping with 18 risks • Decision criteria beneficial to • Legrand Way includes many to challe
Slide 28: Managing integrated performance (3/3)
Managing integrated performance (3/3) CSR supported by consistent integrated compensation LONG-TERM LTI (1) SHORT-TERM EXAMPLE OF CEO BONUS SCHEME COMPENSATION • LTIs fully aligned with Group targets • Local “performance contract” & • CSR achievement weighs for - 1/3 organic growth bonus scheme cont
Slide 29: Conclusion
CONCLUSION Benoît Coquart, CEO 29
Slide 30: Conclusion
Conclusion Our 5th CSR roadmap is a driver supporting our mid-term ambitions Clear, quantified & ambitious on 4 fronts: climate, circular economy, diversity & inclusion, responsible business Focusing on actions that matter and have significant impact Will mobilize the entire company (people, process
Slide 31: Q&A Session
Oilegrand’ CSR Q&A SESSION i —~— = |
Slide 32: Thank you
Oilegrand’ #LegrandimprovingLives Improving lives by transforming the spaces where people live, work and meet, with electrical and digital infrastructures and connected solutions that are simple, innovative and sustainable #AcceleratingValueCreation 32
Slide 33: Disclaimer
Disclaimer The information contained in this presentation has not been independently verified and no representation or warranty expressed or implied is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained herein