Vivendi
Climate Impact & Sustainability Data (2009, 2012, 2018, 2020, 2021)
Reporting Period: 2009
Environmental Metrics
ESG Focus Areas
- Protecting and empowering youth
- Promoting cultural diversity
- Sharing knowledge
Environmental Achievements
- EMAS registration for Corporate Headquarters in Paris
- SFR issued eco-designed SIM cards
- Activision Blizzard uses eco-designed boxes for its PC, Nintendo and Microsoft games
- Canal+ uses environmentally friendly materials on television studio sets
Social Achievements
- Inclusion of sustainable development criteria in senior executives’ variable remuneration
- SFR’s commitment to the jobs program Emmaüs Défi
- Maroc Telecom’s contribution to reducing the digital divide through PACTE program
- GVT’s nationwide campaign for “Responsible Internet Use”
Governance Achievements
- Appointment of four new independent members to Vivendi’s Supervisory Board, including four women.
- Vivendi is one of the first CAC 40 listed Groups one third of whose Board are women.
Climate Goals & Targets
- Not disclosed
- Not disclosed
- Slight increase in EBITA in 2010
Environmental Challenges
- Difficult economic context of 2009
- Slowdown of cellular telephones sales in the United States and Japan
- Drop in demand for CDs and decrease in license fees
- Difficult economic and regulatory environment in Morocco
- Piracy of digital content
Mitigation Strategies
- Development model based on subscriptions, commercial success, control of costs and many innovative actions
- Stringent cost-control measures at UMG
- Commercial efforts, investment, and commercial conquest at Maroc Telecom
- Development of legal downloading services and digital distribution initiatives
- Strengthening technical solutions for fighting piracy, involvement in the regulatory field, development of new economic models and ambitious legal offerings
Supply Chain Management
Responsible Procurement
- New sustainable development clause based on the principles of the United Nations Global Compact
- Questionnaire on UN Global Compact principles for suppliers
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI, FTSE4 Good Index Series, ASPI Eurozone index, Ethibel Excellence Sustainability Index (ESI), ECPI Ethical Indexes, Carbon Disclosure Project (CDP)
Certifications: EMAS, ISO 14001
Third-party Assurance: Salustro Reydel (KPMG International)
Sustainable Products & Innovation
- Eco-designed SIM cards (SFR)
- Eco-designed game boxes (Activision Blizzard)
- Recyclable CD packaging (UMG)
Awards & Recognition
- Gold Top Com Award (SFR)
- Best Performing Ai40 Company (Maroc Telecom Group)
- Frost&Sullivan Best Practices Award as Latin America’s Best Broadband Provider (GVT)
Reporting Period: 2012
Environmental Metrics
ESG Focus Areas
- Ethics and business practices
- Protecting and empowering young people
- Promoting cultural diversity
- Knowledge sharing
- Protection of personal data
- Leveraging content and innovation
- Vigilance towards suppliers
- Territorial development
- Leveraging human resources
- Environment and radiofrequencies
Environmental Achievements
- Renewed EMAS certification for Vivendi headquarters
- Energy Star certification renewed for UMG headquarters
- ISO 14001 certification for SFR's Environmental Management System
- Reduction of electricity consumption at various subsidiaries
- Maroc Telecom's energy savings of up to 70% per site through natural ventilation
- Activision Blizzard saved over 2,000 tons of paper, plastic, and cardboard
Social Achievements
- Expanded employee share ownership plan (Opus program)
- Grant of 50 bonus shares to all employees in France
- Ongoing constructive dialogue with social partners
- Employees support program for career development
- SFR's adaptation of customer service to those who are deaf or hearing impaired
- Maroc Telecom's initiatives in the fight against corruption
Governance Achievements
- Incorporation of sustainable development criteria into senior executives’ variable compensation
- Revised Vivendi’s Reporting Protocol to meet new requirements of Article 225 of the French Grenelle II law and the guidelines of the Media Sector Supplement of the Global Reporting Initiative
- 73% of Supervisory Board members were independent in 2012
Climate Goals & Targets
Environmental Challenges
- Risks associated with the use of digital media by young people (disclosure of personal data, excessive or inappropriate use, access to sensitive content)
- Piracy of content
- Supply chain disruptions (not explicitly stated, but implied through discussion of supplier vigilance)
Mitigation Strategies
- Awareness campaigns and parental control tools
- Anti-piracy measures implemented by Canal+, UMG, and Activision Blizzard
- Supplier audits and responsible procurement practices
Supply Chain Management
Supplier Audits: Number varies by subsidiary; Activision Blizzard audited 3 suppliers in 2012; SFR assessed or reassessed 90 suppliers in 2012; Maroc Telecom audited 10 suppliers in 2012.
Responsible Procurement
- Inclusion of specific clauses pertaining to codes of conduct and ethical charters in supplier contracts
- CSR assessment methodology for suppliers
- Training for purchasing teams on responsible purchasing
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI, UN Global Compact, OECD Guidelines, French Grenelle II law
Certifications: EMAS, Energy Star, ISO 14001
Third-party Assurance: Ernst & Young (limited assurance)
Awards & Recognition
- Corporate Responsibility Prime status by Agency Oekom
- Inclusion in Dow Jones Sustainability World Enlarged Index
- Inclusion in ASPI Eurozone (Vigeo) index
- Inclusion in Ethibel Sustainability Index
- Inclusion in ECPI Ethical Indexes
- Inclusion in FTSE4Good Global
Reporting Period: 2018
Environmental Metrics
ESG Focus Areas
- Creativity and cultural diversity
- Diversity and inclusion
- High-quality and meaningful content
- Employee well-being
- Environmental action
- Local development
Environmental Achievements
- EMAS and ISO 50001 certifications renewed at headquarters; various subsidiaries obtained BREEAM, Energy Star, HQE, LEED, and NABERS certifications for buildings; 95% of UMG's UK electricity from renewable sources; 80% of UMG Germany's electricity from renewable sources; 18% decrease in plastic consumption due to streaming and compact set-top boxes; 33% decrease in cardboard packaging; 43,000 t-shirts recycled.
Social Achievements
- Launched Vivendi Create Joy solidarity program's 10th anniversary; increased representation of women on screen and in management; implemented action plans for gender equality and employment of disabled workers; various well-being initiatives for employees; various partnerships for inclusivity and equal opportunities; pro bono campaigns; employee shareholding program.
Governance Achievements
- Updated environmental, social, and societal data reporting protocol; incorporated Havas Group entities into non-financial reporting; CSR Committee and Audit Committee reviews; executive compensation linked to CSR criteria.
Climate Goals & Targets
- Not disclosed
- Not disclosed
- Not disclosed
Environmental Challenges
- Attracting and retaining external talent (artists, authors, etc.); attracting and retaining internal talent; responsible content creation and monitoring; social dialogue; human rights; carbon intensity; data security; corruption; supply chain vigilance.
Mitigation Strategies
- Talent scouting and support programs; employee engagement initiatives; responsible content policies and mechanisms; social dialogue and consultation; human rights policies; low-carbon measures; data security systems; compliance program; supplier audits and responsible procurement.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- 84% of purchases from local suppliers
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: EMAS, ISO 50001, BREEAM, Energy Star, HQE, LEED, NABERS, ISO 14001
Third-party Assurance: Independent third-party assurance provider (limited assurance)
UN Sustainable Development Goals
- Goal 13 (Climate Action)
Initiatives to reduce carbon footprint, promote renewable energy, and raise climate awareness.
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Cannes Lions, Champion for Humanity award, Music Week Sync Awards, Creative Green Awards, BREEAM Awards
Reporting Period: 2020
Environmental Metrics
ESG Focus Areas
- Governance
- Environmental
- Social
Environmental Achievements
- Reduced carbon intensity to 2.92 tCO2e per M€ of revenue (Scope 1+2)
- 19.4 MWh of electricity consumption from renewable sources (16.4% of total)
Social Achievements
- 51% of Group employees are women, 48% of managers are women, 32% of group’s management are women
- 78% of employees trained, 91% permanent jobs, 9% voluntary turnover rate
- €34.2 million newly invested employee savings
- 94% of Vivendi employees covered by health insurance
Governance Achievements
- Weight of ESG criteria in senior executive variable pay increased from 5% to 12%
- Implementation of a group-level compliance program including anti-corruption, vigilance, and data protection
Climate Goals & Targets
- Carbon neutrality by 2025
- Not disclosed
- Not disclosed
Environmental Challenges
- Not disclosed
Mitigation Strategies
- Not disclosed
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: UN Global Compact
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Governance
- Responsible approach to content
- Talent, Diversity, Equality & Inclusion
- Climate change
- Contribution to underserved communities
Environmental Achievements
- 18% of energy consumption from renewable sources (9% in 2018)
- 30% reduction of carbon emissions by 2025 (scopes 1 and 2) - target awaiting validation
- 60.1% of Revenues eligible to climate change adaptation objective
Social Achievements
- 53% women in headcount (+1 pt yoy)
- 52% women in manager positions (+2 pts yoy)
- 35% women in management bodies (+1 pt yoy)
- 83% of employees trained in anti-corruption measures (+7 pts yoy)
- 17.6% voluntary turnover rate
- €40m in optional and statutory profit-sharing plans
Governance Achievements
- Weighting of ESG criteria in Management Board’s variable compensation at 15% (+3 pts yoy)
- Whistleblowing system updated in 2021
- Anti-Corruption Code translated into 24 languages
Climate Goals & Targets
- Net-zero emissions
- 30% reduction of carbon emissions by 2025 (scopes 1 and 2)
Environmental Challenges
- Greenhouse gas emissions increased by 6.9% yoy (scopes 1 and 2)
- Environmental target not fully achieved in 2021 bonus
Mitigation Strategies
- Submitting of the group’s carbon reduction plan to the Science-Based Targets initiative (SBTi) in Dec. 2021
- Accelerating renewable energy integration
- Intensifying efforts towards ESG investors
Supply Chain Management
Responsible Procurement
- Involving our partners and suppliers in our efforts to reduce GHG emissions
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: TCFD, SBTi