Fnac Darty Sa · EURONEXT:FNAC
Fnac Darty Sa — ESG Presentation (November 2023)
28 slides from Fnac Darty Sa's sustainability presentation, November 2023
Slide 1: ESG Presentation November 2023
ESG 2023 PRESENTATION NOVEMBER 2023
Slide 2: A European omnichannel leader with an efficient centralised operations platform
A EUROPEAN OMNICHANNEL LEADER WITH AN EFFICIENT CENTRALISED OPERATIONS PLATFORM €8bn Group revenue in 2022 – 25,000 employees 2022 revenue breakdown by category Consumer electronics 48% Top European omnichannel retailer Editorial products – 22% of total sales in 2022 are online sales 17% – c. 50% of
Slide 3: Group CSR Strategy
GROUP CSR STRATEGY
Slide 4: CSR ambition fully included in our strategic plan
CSR AMBITION FULLY INCLUDED IN OUR STRATEGIC PLAN HOW DO WE COMMIT TO AN EDUCATED CHOICE AND A SUSTAINABLE CONSUMPTION, EVERYDAY? Build a digitized omnichannel retail Scale the next in-home subscription-based Lead durable assistance service behaviors 4
Slide 5: Our 5-pillar CSR strategy creates sustainable value
OUR 5-PILLAR CSR STRATEGY CREATES SUSTAINABLE VALUE Commit to product sustainability through our product offer dans advice to customers Work towards an omnichannel customer experience tailored to every need Offer the best services in line with new consumer behaviors Provide a diversified product off
Slide 6: A responsible retailer valued by ESG rating agencies
A RESPONSIBLE RETAILER VALUED BY ESG RATING AGENCIES A1+ AA in 2022 for the A- rating Low ESG Risk (Advanced) 71/100 in 2022 fourth consecutive vs. sector at C 12.1 vs. 66/100 in 2021 based on an overall time score of 61/100 (+ 7bps yoy) 6
Slide 7: Our CSR related ambitions will contribute to achieve our financial targets
OUR CSR RELATED AMBITIONS WILL CONTRIBUTE TO ACHIEVE OUR FINANCIAL TARGETS EVERYDAY ESG RELATED OBJECTIVES BUSINESS VALUE ADDED FINANCIAL AMBITIONS BY 2025 OBJECTIVES BY 2025 BUILD A DIGITIZED ✓ 50% of online sales will be ✓ A click & Collect service to reach the same online OMNICHANNEL Click & Coll
Slide 8: Fnac Darty profile in 2025
FNAC DARTY PROFILE IN 2025 135 c.2.5m -50% “Durability score” Products repaired in 20256 Transport & energy CO2 by 20255 emissions in 2030 vs 2019 >30% >2M 100% Online revenue penetration Subscribers to our unlimited repairs Stores profitable by 20251 by 2025 subscription program by 2025 Conservativ
Slide 9: Q&A
Q&A
Slide 10: Appendix
APPENDIX
Slide 11: Everyday plan CSR objectives
EVERYDAY PLAN CSR OBJECTIVES EVERYDAY PLAN PERFORMANCES CSR OBJECTIVES 2019 2022 (reference year) -50% 82K tCO2e 68K tCO2e reduction in CO2 emissions from energy and transport by 2030 -17% 2.5 M products repaired by 2025 1.8 million 2.3 million 135 score de durabilité in 2025 100 115 2M Darty Max su
Slide 12: Governance
GOVERNANCE
Slide 13: A solid and diversified Board of Directors
A SOLID AND DIVERSIFIED BOARD OF DIRECTORS JACQUES VEYRAT CHAIRMAN of the board ▪ 78% of independent members P OLIVIER CAROLINE LAURE JEAN-MARC DUHA GREGOIRE HAUSEUX JANAILLAC ▪ 53% of women SAINTE-MARIE P ▪ 2 Directors representing employees ENRIQUE SANDRA NONCE STEFANIE MARTINEZ LAGUMINA PAOLINI M
Slide 14: A qualified and experienced Executive Committee
A QUALIFIED AND EXPERIENCED EXECUTIVE COMMITTEE ENRIQUE MARTINEZ CHIEF EXECUTIVE OFFICER ✓ More than 20 years at Fnac Darty in various positions of responsability ✓ Member of the Executive Committee since 2004 JEAN-BRIEUC LE TINIER CHARLES-HENRI DE MALEISSYE CELINE TRUNET FAVRE FRANCOIS GAZUIT CHIEF
Slide 15: A governance that strengthens the integration of CSR
A GOVERNANCE THAT STRENGHTENS THE INTEGRATION OF CSR CHALLENGES ▪ A Corporate, Environmental and Social Responsibility Committee has been created at Board level since 2013 and CSR is overseen by the General Counsel in charge of CSR and Governance, a member of the Executive Committee ▪ An Ethics Comm
Slide 16: CSR is part of the remuneration policy
CSR IS PART OF THE REMUNERATION POLICY ▪ 10% of the total bonus of the CEO is linked to CSR objectives, 5% of which to the Group’s reduction in energy consumption ▪ 10% of the total bonus of the Executive Committee members is related to CSR objectives, 5% of which on specific indicator and 5% on red
Slide 17: CSR Pillars
CSR PILLARS
Slide 18: Group's CSR risks fall into four main categories
GROUP’S CSR RISKS FALL INTO FOUR MAIN CATEGORIES BUSINESS LINE KEY ISSUES DEVELOPMENT AND THE THE ETHICS OF ALL SUSTAINABILITY OF THE THE CLIMATE EMERGENCY ORGANIZATION OF PARTIES IN AN BUSINESS MODEL & NEW AND ITS CONSEQUENCES WORK, IN THE CONTEXT ECOSYSTEM OF PATTERNS CONSUMPTION FOR THE COMPANY O
Slide 19: Promoting sustainable consumption
PROMOTING SUSTAINABLE CONSUMPTION Durability 2nd life score 1.5 M Second Life products sold in 2022 in 2022 in 2025 500 K donated products Darty Max Recycle Launch of free collection of large household appliances, in 2022 with no purchase necessary Repaired products in 2025 in 2022 in 2025 19
Slide 20: An economic, social and cultural actor
AN ECONOMIC, SOCIAL AND CULTURAL ACTOR ACCESS TO CULTURE CONTRIBUTING TO IMPLEMENTING FOR ALL ! LOCAL AND REGIONAL SOLIDARITY-BASED DEVELOPMENT ACTIONS 20
Slide 21: Fnac Darty's climate strategy
FNAC DARTY’S CLIMATE STRATEGY 21
Slide 22: Fnac Darty's climate strategy
FNAC DARTY’S CLIMATE STRATEGY SCOPE 1 SCOPE 2 SCOPE 3 MANUFACTURING END OF LIFE GAZ GOODS PRODUCTS FUEL ELECTRICITY MANUFACTURING BUSINESS TRAVEL IMMOBILISATI INDIRECT CUSTOMER FUELS GOODS TRAVEL home to work ON PURCHASING TRAVEL Own fleet + HEAT USE of AND PRODUCTS DOWNSTREAM COOLING FREIGHT GAZ (U
Slide 23: Fnac Darty's climate strategy
FNAC DARTY’S CLIMATE STRATEGY REDUCING THE IMPACT OF OUR ENERGY REDUCING THE IMPACT OF OUR GOODS CONSUMPTION TRANSPORTATION 23
Slide 24: Human capital, our key asset
HUMAN CAPITAL, OUR KEY ASSET CAPITALISING ON ALL OUR AN INCLUSIVE WORK SUPPORTING PERSONAL AND TALENT ENVIRONMENT CAREER DEVELOPMENT of Fnac Darty employees in France are disabled Fnac Darty has set up two work-linked training classes dedicated to people with disabilities and hires many hearing-impa
Slide 25: Fnac Darty faces ethical requirements
FNAC DARTY FACES ETHICAL REQUIREMENTS PROTECTING SUPPLIER PREVENTING RISKS ETHICS GUIDELINE PERSONAL DATA RELATIONS AND VIA A VIGILANCE RESPONSIBLE PLAN It formalises our commitments • A 4-person data protection team PURCHASING wherever the Group operates • Data Protection Officers (DPOs) and compri
Slide 26: CSR objectives included in our financing strategy
CSR OBJECTIVES INCLUDED IN OUR FINANCING STRATEGY In March 2021, we have extended our RCF line of credit to €500m maturing maximum in 2028 with CSR components: ▪ A durability score indicator to reach 135 by 2025 ▪ A repair indicator to reach c. 2.5M of products repaired by 2025 ▪ A gender equality i
Slide 27: Disclaimer
DISCLAIMER IMPORTANT NOTICE: By reading this presentation, you agree to be bound by the following limitations and qualifications: certain information included in this release is not based on historical facts but on forward-looking statements. Such forward-looking statements speak only as of the date
Slide 28: Fnac Darty
FNAC DARTY