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Global Reporting Initiative (GRI) Index

In putting together this Corporate Responsibility report, Richemont was guided by the G3 Sustainability Reporting Guidelines prepared by the Global Reporting Initiative (GRI). Our longer term goal is to report our progress against these Reporting Guidelines which are used worldwide by companies to benchmark their performance.

In this report, we have concentrated on those GRI indicators which we have identified as material to our business. We have provided information in narrative format where it is available. This table provides a guide on the extent of our reporting against the G3 Sustainability Reporting Guidelines

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Strategy And Analysis

Organisational Profile

Report Parameters

Governance, Commitments, and Engagements

Economic performance Indicators

Environmental performance Indicators

Labour Practices Performance Indicators

Human Rights Performance Indicators

Society Performance Indicators

Product responsibility Indicators



Richemont CSR Roadmap - GRI Index

GRI Index Description Location
0 Profile Top
1 Strategy and Analysis Top
1.1 Statement from the most senior decision-maker of the organisation (e.g., CEO, chair, or equivalent senior position) about the relevance of sustainability to the organisation and its strategy. Chairman’s introduction
1.2 Description of key impacts, risks, and opportunities. Our key impacts, risks & opportunities
2 Organisational Profile Top
2.1 Name of the organisation. Our approach to reporting
2.2 Primary brands, products, and/or services. About Richemont
Our Maisons, products and services
2.3 Operational structure of the organisation, including main divisions, operating companies, subsidiaries, and joint ventures. About Richemont
2.4 Location of organisation's headquarters. About Richemont
2.5 Number of countries where the organisation operates, and names of countries with either major operations or that are specifically relevant to the sustainability issues covered in the report. About Richemont


2.6 Nature of ownership and legal form. About Richemont

Management and governance of corporate social responsibility

Group structure (About Richemont)
2.7 Markets served (including geographic breakdown, sectors served, and types of customers/beneficiaries). About Richemont

2.8 Scale of the reporting organisation About Richemont
2.9 Significant changes during the reporting period regarding size, structure, or ownership. About Richemont

3 Report Parameters Top
3.1 Reporting period Welcome to Richemont’s Corporate Social Responsibility Report

Our approach to reporting

3.2 Date of most recent previous report (if any). 2006/2007
3.3 Reporting cycle (annual, biennial, etc.) Our approach to reporting
3.4 Contact point for questions regarding the report or its contents. Our approach to reporting
3.5 Process for defining report content Our approach to reporting
3.6 Boundary of the report (e.g., countries, divisions, subsidiaries, leased facilities, joint ventures, suppliers) Our approach to reporting
3.7 State any specific limitations on the scope or boundary of the report Our approach to reporting
3.8 Basis for reporting on joint ventures, subsidiaries, leased facilities, outsourced operations, and other entities that can significantly affect comparability from period to period and/or between organisations. Our approach to reporting
3.9 Data measurement techniques and the bases of calculations, including assumptions and techniques underlying estimations applied to the compilation of the Indicators and other information Our approach to reporting

Environmental management
3.11 Significant changes from previous reporting periods in the scope, boundary, or measurement methods applied in the report. Our approach to reporting

Climate change
3.12 Table identifying the location of the Standard Disclosures in the report. GRI index

4 Governance, Commitments, and Engagements Top
4.1 Governance structure of the organisation, including committees under the highest governance body responsible for specific tasks, such as setting strategy or organisational oversight Management and governance of corporate social responsibility
4.2 Indicate whether the Chair of the highest governance body is also an executive officer Board of directors CFR SA

Board of directors Richemont SA
4.3 For organisations that have a unitary board structure, state the number of members of the highest governance body that are independent and/or non-executive members. Board of directors
4.4 Mechanisms for shareholders and employees to provide recommendations or direction to the highest governance body. Consulting our stakeholders
4.5 Linkage between compensation for members of the highest governance body, senior managers and executives and the organisation's performance (including social and environmental performance) Management and governance of corporate social responsibility
4.6 Processes in place for the highest governance body to ensure conflicts of interest are avoided. Corporate governance
4.7 Process for determining the qualifications and expertise of the members of the highest governance body for guiding the organisation's strategy on economic, environmental, and social topics. Corporate governance
4.8 Internally developed statements of mission or values, codes of conduct, and principles relevant to economic, environmental, and social performance and the status of their implementation. Our approach to corporate social responsibility
4.9 Procedures of the highest governance body for overseeing the organisation's identification and management of economic, environmental and social performance, including relevant risks and opportunities, and adherence or compliance with internationally agreed standards, codes of conduct and principles Management and governance of corporate social responsibility
4.10 Processes for evaluating the highest governance body's own performance, particularly with respect to economic, environmental, and social performance. Management and governance of corporate social responsibility
4.12 Externally developed, economic, environmental and social charters, principles, or other initiatives to which the organisation subscribes or endorses. Responsible sourcing of raw materials

4.13 Memberships in associations Working in partnership
4.14 List of stakeholder groups engaged by the organisation. Consulting our stakeholders

4.15 Basis for identification and selection of stakeholders with whom to engage. Consulting our stakeholders
4.16 Approaches to stakeholder engagement, including frequency of engagement by type and by stakeholder group. Consulting our stakeholders
PI Performance Indicators Top
EC Economic Performance Indicators Top
EC1 Economic value generated and distributed, including revenues, operating costs, employee compensation, donations and other community investments, retained earnings, and payments to capital providers and governments. (Core) Annual Report and Accounts 2007

Communities
EC2 Financial implications and other risks and opportunities for the organisation's activities due to climate change. (Core) Climate change
EC6 Policy, practices and proportion of spending on locally based suppliers at significant locations of operation. (Core) Local purchasing
EN Environmental Performance Indicators Top
EN2 Percentage of materials used that are recycled input materials. (Core) Resource use and waste recycling
EN3 Direct energy consumption by primary energy source. (Core) Energy
EN4 Indirect energy consumption by primary source. (Core) Energy
EN5 Energy saved due to conservation and efficiency improvements. (Additional) Energy

EN7 Initiatives to reduce indirect energy consumption and reductions achieved. (Additional) Climate change

Energy
EN8 Total water withdrawn by source (Core) Water
EN12 Description of significant impacts of activities, products, and services on biodiversity in protected areas and areas of high biodiversity value outside protected areas. (Core) Biodiversity


EN16 Total direct and indirect greenhouse gas emissions by weight. (Core) Climate change


EN18 Initiatives to reduce greenhouse gas emissions and reductions achieved. (Additional) Climate change

Energy
EN23 Total number and volume of significant spills. (Core) Environment
EN28 Monetary value of significant fines and total number of non-monetary sanctions for non-compliance with environmental laws and regulations. (Core) Environment


LA Labour Practices Performance Indicators Top
LA1 Total workforce by employment type, employment contract, and region. (Core) Employees

LA7 Rates of injury, occupational diseases, lost days, and absenteeism, and number of work-related fatalities by region. (Core) Health, safety and well-being
LA10 Average hours of training per year per employee by employee category. (Core) Training and development
LA11 Programs for skills management and lifelong learning that support the continued employability of employees and assist them in managing career endings. (Additional) Training and development

LA12 Percentage of employees receiving regular performance and career development reviews. (Additional) Performance management process
LA13 Composition of governance bodies and breakdown of employees per category according to gender, age group, minority group membership and other indicators of diversity. (Core) Diversity


HR Human Rights Performance Indicators Top
HR2 Percentage of significant suppliers and contractors that have undergone screening on human rights and action taken. (Core) Labour Standards

HR6 Operations identified as having significant risk for incidents of child labour, and measures taken to contribute to the elimination of child labour. (Core) Labour Standards

HR7 Operations identified as having significant risk for incidents of forced or compulsory labour, and measures to contribute to the elimination of forced or compulsory labour. (Core) Labour Standards


SO Society Performance Indicators Top
SO1 Nature, scope, and effectiveness of any programs and practices that assess and manage the impacts of operations on communities, including entering, operating, and exiting. (Core) Communities


PR Product Responsibility Indicators Top
PR1 Life cycle stages in which health and safety impacts of products and services are assessed for improvement, and percentage of significant products and services categories subject to such procedures. (Core) Customer service and satisfaction


PR5 Practices related to customer satisfaction, including results of surveys measuring customer satisfaction. (Additional) Customer service and satisfaction