Fnac Darty Sa · EURONEXT:FNAC
Fnac Darty Sa — ESG Presentation (May 2024)
27 slides from Fnac Darty Sa's sustainability presentation, May 2024
Slide 1: ESG Presentation May 2024
2024 ESG PRESENTATION MAY 2024
Slide 2: Leading European omnichannel retailer with a diverse and balanced range of products and services
LEADING EUROPEAN OMNICHANNEL RETAILER WITH A DIVERSE AND BALANCED RANGE OF PRODUCTS AND SERVICES 2023 revenue breakdown by category €7.9bn Group revenue in 2023 – ~25,000 employees 15% Consumer electronics Top European omnichannel retailer Editorial products • 70 million+ checkout transactions 20% 4
Slide 3: Group ESG Strategy
GROUP ESG STRATEGY FNAC DARTY
Slide 4: CSR ambition fully included in our strategic plan
CSR AMBITION FULLY INCLUDED IN OUR STRATEGIC PLAN Build a digitized omnichannel retail • Best-in-class online capacities Lead durable behaviors • A profitable and digitized store network • A more sustainable offer, combined • A high-value offer with customers’ orientation towards sustainable product
Slide 5: Sustainable value creation: 2023 key achievements
SUSTAINABLE VALUE CREATION 2023 KEY ACHIEVEMENTS -26% Reduction in CO2 emissions from energy and transport -17% Reduction in electricity consumption 2.5M Products repaired 118 Sustainability Score 33% Part of women in the Leadership Group1 A- Amongst 22% of companies that reached Leadership level 1
Slide 6: A responsible retailer valued by ESG rating agencies
A RESPONSIBLE RETAILER VALUED BY ESG RATING AGENCIES 2023 A- 12.8 AA C 68/100 Low ESG Risk 2022 A- 12.0 AA C- 71/100 2021 A- 11.4 AA C- 66/100 2020 C 11.5 AA C- 63/100 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% Sustainability score in 20255 Products repaired in 20256 Transport & energy CO2 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 Conservat
Slide 9: Q&A
Q&A FNAC DARTY
Slide 10: Appendix
APPENDIX FNAC DARTY
Slide 11: Everyday Plan CSR objectives
EVERYDAY PLAN CSR OBJECTIVES EVERYDAY PLAN PERFORMANCES CSR OBJECTIVES 2019 2023 (reference year) -50% 82K tCO2e 60K tCO2e reduction in CO2 emissions from energy and transport by 2030 -26% 2.5 M products repaired by 2025 1.8 million 2.5 million 135 Durability score by 2025 100 118 2M Darty Max subsc
Slide 12: Governance
GOVERNANCE FNAC DARTY
Slide 13: A solid and diversified Board of Directors
A SOLID AND DIVERSIFIED BOARD OF DIRECTORS JACQUES VEYRAT CHAIRMAN OF THE BOARD OF DIRECTORS P CAROLINE ▪ 92% of independent1 members OLIVIER GREGOIRE LAURE JEAN-MARC DUHA HAUSEUX SAINTE-MARIE JANAILLAC P ▪ 50% of women1 ▪ 2 directors representing ENRIQUE STEFANIE SANDRA NONCE employees MARTINEZ MEY
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 at the heart of all professions thanks to decentralized governance
CSR AT THE HEART OF ALL PROFESSIONS THANKS TO DECENTRALIZED GOVERNANCE RAISE AWARENESS AND TRAIN : Network, 1 representative in each store in France (+ 300 CSR representatives) • Support customer discourse MAO BOA PLATFORM • Create competition among all stores Dissemination of the CSR strategy to al
Slide 17: 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 18: CSR Pillars
CSR PILLARS FNAC DARTY
Slide 19: A climate strategy that rests on two pillars
A CLIMATE STRATEGY THAT RESTS ON TWO PILLARS 2023 CONSOMMATION DURABLE CONSUMPTION SUSTAINABLE Support our customers in more responsible 2 million Darty Max subscribers by 1,125 million consumption 2025 Develop the repair 2.5 million products repaired Give a second life to products and optimizes the
Slide 20: Reduce climate impacts
REDUCE CLIMATE IMPACTS Development of the attractiveness of Darty Decarbonization of all of our transport An ambitious energy sobriety plan Max and new sustainable services • Renewal of the own fleet with low-emission • Significant investments to reduce our for after-sales and last-mile vehicles con
Slide 21: Promoting sustainable consumption
PROMOTING SUSTAINABLE CONSUMPTION Durability 2nd life score €120M 118 GMV 2023 in 2023 (+30% vs 2022) in 2025 Darty Max Recycle Launch of free collection of 1,125M large household appliances, in 2022 with no purchase necessary Repaired products 2.5M 2.5M in 2025 in 2023 in 2025 21
Slide 22: Develop our main asset: human capital
DEVELOP OUR MAIN ASSET: HUMAN CAPITAL 2023 CONSOMMATION DURABLE 176 technicians graduated and Attract and retain talent, particularly in 116 were recruited on permanent shortage and growing professions Recruitment of 500 technicians by 2025 contracts following the training. HUMAN CAPITAL Breaking th
Slide 23: Develop our main asset: human capital
DEVELOP OUR MAIN ASSET: HUMAN CAPITAL #StOpe initiative Mixity diagnosis to go further in our diversity Training of new technicians and inclusion policy • Creation of an internal CFA In 2023, the Group joined the #StOpE initiative, Stop Ordinary Sexism in Business, alongside 47 The overall Mixity sc
Slide 24: Business ethics: act ethically throughout the value chain
ACT ETHICALLY THROUGHOUT THE VALUE CHAIN 2023 Continue to develop requirements and 99% of the population exposed to the risk of conflict of interest awareness in terms of business ethics completed the mandatory training modules in 2023 BUSINESS ETHICS Implementation of a preferences manager on the F
Slide 25: Act ethically throughout the value chain
ACT ETHICALLY THROUGHOUT THE VALUE CHAIN An ambitious data action plan Improvement of working conditions across Creation of a Risk Department, attached to the entire value chain the General Secretariat • Deployment of the data information portal • Membership of the Initiative for Compliance and the
Slide 26: Culture and territories remain at the heart of the Group's societal commitment
CULTURE AND TERRITORIES REMAIN AT THE HEART OF THE GROUP’S SOCIETAL COMMITMENT 2023 LOCAL DEVELOPMENT & CULTURE Fnac: a renewed, diversified and 70,000 customers were able to take advantage of nearly 1,420 acclaimed cultural commitment events in 145 stores throughout France Contribute to local econo
Slide 27: Culture and territories remain at the heart of the Group's societal commitment
CULTURE AND TERRITORIES REMAIN AT THE HEART OF THE GROUP’S SOCIETAL COMMITMENT Fnac picks up the thread of history with Generalization of L’arrondi solidaire Generalization of in-store donations to photography local associations • Special award for the 69th edition of the • In 2023, this system made