In putting together this Corporate Social Responsibility report, Richemont has referenced G4 Sustainability Reporting Guidelines prepared by the Global Reporting Initiative. The Group’s 2017 CSR report has not been verified by an independent body. The Group self-declares this report to GRI G4 ‘in accordance core’. Our goal is to continue 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. This table provides a guide on our reporting against the G4 Sustainability Reporting Guidelines.

 

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General Standard Disclosures

Strategy and Analysis

Organisational Profile

Identified Material Aspects and Boundaries

Stakeholder Engagement

Report Content

Governance

Ethics and Integrity

Specific Standard Disclosures

Economic Indicators

Environmental Indicators

Social Indicators




GRI Index Description   Location
General Standard Disclosures   Top
Strategy and Analysis   Top
G4-1 Provide a statement from the most senior decision-maker of the organization (such as CEO, chair, or equivalent senior position) about the relevance of sustainability to the organization and the organization’s strategy for addressing sustainability   Introduction
G4-2 Provide a description of key impacts, risks, and opportunities   Our Approach to Corporate Social Responsibility

Materiality

Stakeholder Engagement
Organisational Profile   Top
G4-3 Report the name of the organization   About Richemont
G4-4 Report the primary brands, products, and services   About Richemont
G4-5 Report the location of the organization's headquarters   About Richemont

Where We Operate
G4-6 Report the number of countries where the organization operates, and names of countries where either the organization has significant operations or that are specifically relevant to the sustainability topics covered in the report   Where we operate
G4-7 Report the nature of ownership and legal form   Corporate Governance - Group Structure
G4-8 Report the markets served (including geographic breakdown, sectors served, and types of customers and beneficiaries)   Where we operate
G4-9 Report the scale of the organization   Where we operate
G4-10 Employee breakdown   Richemont as an Employer – Key performance data
G4-11 Report the percentage of total employees covered by collective bargaining agreements   Richemont as an Employer
G4-12 Describe the organization’s supply chain   Supply Chain Management
G4-13 Report any significant changes during the reporting period regarding the organization’s size, structure, ownership, or its supply chain   About Richemont
G4-14 Report whether and how the precautionary approach or principle is addressed by the organization   Governance and Risk Management

Environmental management

Product innovation, design and quality
G4-15 List externally developed economic, environmental and social charters, principles, or other initiatives to which the organization subscribes or which it endorses   UN Global Compact Communication on Progress

Our approach to reporting - GRI

Responsible Sourcing of Raw Materials

Responsible Jewellery Council
G4-16 List memberships of associations (such as industry associations) and national or international advocacy organizations   Public policy engagement

Working in Partnership

Responsible Jewellery Council
Identified Material Aspects and Boundaries   Top
G4-17 Entities included in the organization’s consolidated financial statements or equivalent documents   About Richemont
G4-18 Process for defining report content   Our Approach to Corporate Social Responsibility

Our Approach to Reporting

Materiality

Stakeholder Engagement
G4-19 List all the material Aspects identified in the process for defining report content   Materiality

Stakeholder Engagement
G4-20 Aspect boundary within the organisation   Materiality
G4-21 Aspect boundary outside the organisation   Materiality
G4-22 Report the effect of any restatements of information provided in previous reports, and the reasons for such restatements   N/A
G4-23 Significant changes from previous reporting periods in the scope, boundary or measurement methods applied in the report   About Richemont
Stakeholder Engagement   Top
G4-24 List of stakeholder groups engaged   Stakeholder Engagement
G4-25 Basis for identification and selection of stakeholders to engage   Stakeholder Engagement
G4-26 Approaches to stakeholder engagement, including frequency of engagement by type and by stakeholder group   Stakeholder Engagement
G4-27 Key topics and concerns that have been raised through stakeholder engagement and how the organisation has responded to those key issues and concerns, including through its reporting   Stakeholder Engagement

Materiality
Report Content   Top
G4-28 Reporting period for information provided   Our Approach to Reporting
G4-29 Date of most recent previous report   2015/16
G4-30 Reporting cycle   Annual

Our Approach to Reporting
G4-31 Contact point for questions regarding the report or its contents   Welcome to Richemont’s 2017

Corporate Social Responsibility Report
G4-32 GRI Content Index   Global Reporting Initiative (‘GRI’) Index
G4-33 Report the organization’s policy and current practice with regard to seeking external assurance for the report   Our Approach to Reporting
Governance   Top
G4-34 Report the governance structure of the organization, including committees of the highest governance body   How CSR is Managed

Governance and Risk Management

Board of Directors, Annual Report
G4-35 Report the process for delegating authority for economic, environmental and social topics from the highest governance body to senior executives and other employees   How CSR is Managed

Our Approach to Reporting
G4-36 Report whether the organization has appointed an executive-level position or positions with responsibility for economic, environmental and social topics, and whether post holders report directly to the highest governance body   How CSR is Managed

Our Approach to Reporting
G4-37 Report processes for consultation between stakeholders and the highest governance body on economic, environmental and social topics   Stakeholder Engagement
G4-38 Report the composition of the highest governance body and its committees   Governance and Risk Management

Board of Directors, Annual Report

Corporate Governance, Annual Report
G4-39 Report whether the Chair of the highest governance body is also an executive officer   Corporate Governance, Annual Report
G4-40 Report the nomination and selection processes for the highest governance body and its committee   Corporate Governance, Annual Report
G4-41 Report processes for the highest governance body to ensure conflicts of interest are avoided and managed   Corporate Governance, Annual Report
G4-42 Report the highest governance body’s and senior executives’ roles in the development, approval, and updating of the organization’s purpose, value or mission statements, strategies, policies, and goals related to economic, environmental and social impacts   How CSR is Managed

Governance and Ethics
G4-45 Report the highest governance body’s role in the identification and management of economic, environmental and social impacts, risks, and opportunities   Governance and Risk Management

Corporate Governance, Annual Report
G4-46 Report the highest governance body's role in reviewing the effectiveness of the organization's risk management processes for economic, environmental and social topics   How CSR is Managed

Governance and Ethics
G4-47 Report the frequency of the highest governance body’s review of economic, environmental and social impacts, risks, and opportunities   How CSR is Managed

Governance and Ethics
G4-48 Report the highest committee or position that formally reviews and approves the organization’s sustainability report and ensures that all material Aspects are covered   How CSR is Managed

Governance and Ethics
G4-49 Report the process for communicating critical concerns to the highest governance body   Policies
G4-51 Report the remuneration policies for the highest governance body and senior executives   Corporate Governance, Annual Report
G4-52 Report the process for determining remuneration   Corporate Governance, Annual Report
G4-53 Report how stakeholders’ views are sought and taken into account regarding remuneration   Corporate Governance, Annual Report
Ethics and Integrity   Top
G4-56 Describe the organization’s values, principles, standards and norms of behavior such as codes of conduct and codes of ethics   Policies
G4-57 Report the internal and external mechanisms for seeking advice on ethical and lawful behavior, and matters related to organizational integrity, such as helplines or advice lines   Governance and Ethics

Policies
G4-58 Report the internal and external mechanisms for reporting concerns about unethical or unlawful behavior, and matters related to organizational integrity, such as escalation through line management, whistleblowing mechanisms or hotlines   Governance and Ethics

Policies
Specific Standard Disclosures   Top
Economic Indicators   Top
Economic Performance   Top
G4-EC1 Direct Economic value generated and distributed   Our Economic Impact

Tax
G4-EC2 Financial implications and other risks and opportunities for the organisation's activities due to climate change   Climate Change
G4-EC3 Coverage of organisation's defined benefit plan obligations   Consolidated financial statements

Annual Report
Indirect Economic Impacts   Top
G4-EC7 Development and impact of infrastructure investments and services provided   Community Investment
G4-EC8 Significant indirect economic impacts, including the extent of impacts   Our Economic Impact
Environmental Indicators   Top
Energy   Top
G4-EN2 Percentage of materials used that are recycled input materials   Climate Change
G4-EN3 Energy consumption within the organisation   Climate Change
G4-EN6 Reductions in energy consumption   Climate Change
Biodiversity   Top
G4-EN11 Operational sites owned, leased, managed in, or adjacent to, protected areas and areas of high biodiversity value outside protected areas   Other Environmental Impacts
G4-EN12 Description of significant impact of activities, products and services on biodiversity in protected areas and areas of high biodiversity value outside protected areas   Other Environmental Impacts
Emissions   Top
G4-EN15 Direct Greenhouse Gas (GHG) emission (scope 1)   Climate Change
G4-EN16 Direct Greenhouse Gas (GHG) emission (scope 2)   Climate Change
G4-EN17 Direct Greenhouse Gas (GHG) emission (scope 3)   Climate Change
G4-EN19 Reduction of Greenhouse Gas (GHG) Emissions   Climate Change
G4-EN20 Emissions of ozone depleting substances (ODS)   Climate Change
Effluents and Waste   Top
G4-EN23 Total weight of waste by type and disposal method   Climate change - Packaging and waste
G4-EN27 Extent of impact mitigation of environmental impacts of products and services   Climate change - Packaging and waste
G4-EN28 Percentage of products sold and their packaging materials that are reclaimed by category   Climate change - Packaging and waste
Compliance   Top
G4-EN29 Monetary value of significant fines and total number of non-monetary sanctions for, non-compliance with environmental laws and regulations   Product innovation, design and quality

Climate Change
Transport   Top
G4-EN30 Significant environmental impacts of transporting goods and materials used for organisation's operations, and transporting members of the workforce   Climate Change - Logistics
Supplier Environmental Assessment   Top
G4-EN33 Significant actual and potential negative environmental impacts in the supply chain and actions taken   Responsible sourcing of raw materials
Social Indicators   Top
Labour Practices and Decent Work   Top
G4-LA1 Total number and rates of new employment hires and employee turnover by age group, gender and region   Richemont as an Employer

Key performance data
G4-LA6 Types of injury, rates of injury, occupational diseases, lost days and absenteeism and total number of work related fatalities by region and by gender   Health, Safety and Well-being
G4-LA9 Average hours of training per year per employee by gender and by employee category   Training, development and fostering new talent
G4-LA10 Programmes for skills management and lifelong learning that support the continued employability of employees and assist them in managing career endings   Richemont as an Employer

Training, development and fostering new talent
G4-LA11 Percentage of employees receiving regular performance and career development reviews by gender and by employee category   Richemont as an Employer

Your journey with us
G4-LA12 Composition of governance bodies and breakdown of employees per employee category according to gender, age group, minority group membership and other indicators of diversity   Richemont as an Employer – Key performance data
G4-LA15 Significant actual and potential negative impacts for labor practices in the supply chain and actions taken   Human Rights and Labour Standards in the Supply Chain
Human Rights   Top
G4-HR5 Operations and suppliers identified as having significant risk for incidents of child labour and measures taken to contribute to the effective abolition of child labour   Human Rights and Labour Standards in the Supply Chain
G4-HR6 Operations and suppliers identified as having significant risk for incidents of forced or compulsory labour, and measures taken to contribute to the elimination of forced or compulsory labour   Human Rights and Labour Standards in the Supply Chain
G4-HR10 Percentage of new suppliers that were screened using human rights impacts criteria   Human Rights and Labour Standards in the Supply Chain
G4-HR11 Significant actual and potential negative human right impacts in the supply chain and actions taken   Human Rights and Labour Standards in the Supply Chain
Society   Top
G4-SO1 Percentage of operations with implemented local community engagement, impact assessment, and development programmes   Community Investment
G4-SO3 Total number and percentage of operations assessed for risks related to corruption and the significant risks identified   Policies
G4-SO4 Communication and training on anti-corruption policies and procedures   Policies
G4-SO8 Monetary value of significant fines and total number of non-monetary sanctions for non-compliance with laws and regulations   Product innovation, design and quality

Climate Change
Produce responsibility   Top
G4-PR2 Total number of incidents of non-compliance with regulations and voluntary codes concerning health and safety impacts of products and services, by types of outcome   Policies

Product innovation, design and quality
G4-PR3 Type of product and service information required by the organisations procedures for product and service information and labelling, and percentage of significant product and service categories subject to such information requirements   Product innovation, design and quality
G4-PR4 Total number of incidents of non-compliance with regulations and voluntary codes concerning product and service information and labelling   Product innovation, design and quality
G4-PR6 Sale of banned or disputed products   Materiality of ‘exclusion criteria’
G4-PR9 Monetary value of significant fines for non-compliance with laws and regulations concerning the provision and use of products and services   Product innovation, design and quality