How this report was compiled

How we identified our key issues

Following on from our initial Group-wide consultation in 2005/2006 to identify our key corporate responsibility issues, Richemont established a Corporate Responsibility Committee, accountable to the Board. This Committee is chaired by our Director of Corporate Affairs, with representatives from Group functions including HR, Risk, Financial Control and Manufacturing as well as a representative from Cartier, the Group’s largest business unit. This Committee collectively recommended to the Board that the Group should report its social, economic and environmental performance against Global Reporting Initiative (GRI) Guidelines and agreed the scope of this 2006/2007 report. A GRI Index describes how we applied the guidelines to our reporting.

How we gathered our data

We have gathered from each of our Maisons information relevant to the GRI indicators which have been identified as material to the business, reporting on those for which we have information. Our goal is to obtain information from all Maisons for these indicators on an annual basis and to use the findings for reviewing and improving the Group’s social, economic and environmental performance.

Factors which impact the data gathering process

However, like other groups with diverse and decentralised businesses, we face the challenge of collecting data from our Maisons in ways which can be compared meaningfully and which can be used to create a coherent overview of our performance. As a first step, we have worked in 2006/2007 to calculate our total carbon footprint, establishing a benchmark against which we can compare the Group’s future environmental performance.

Where you can get more information about the report

For more information about this report, contact our .