RICHEMONT REPORTS FY23 ESG PERFORMANCE, REINFORCING ESG FRAMEWORK & GOVERNANCE - Seite 2

 

Amplifying our Social Impact: Advancing the Group’s equity commitments, Richemont continued to partner with the EQUAL-SALARY Foundation and achieved gender-equal pay certification in Switzerland and France, two of its largest markets in terms of headcount. Strengthening the Group’s gender balance, today women represent 57% of the total workforce and 40% of the Senior Executive Committee with the appointments of Patricia Gandji, Chief People Officer and CEO of Regions, and Dr. Bérangère Ruchat, Chief Sustainability Officer. Furthermore, the Group was recognised as one of the World’s Best Employers by Forbes for the third consecutive year, as well as being named one of the Most Attractive Employers in Universum’s national rankings for Switzerland, France and China.

 

Refining our Governance: In FY23 Richemont reinforced its broad risk management and reporting ESG framework to drive stronger performance management and enhanced regulatory compliance across the Group. Improvements were made to the identification and assessment of the Group’s ESG impacts with the strengthening of the double materiality methodology and the consultation of a significantly larger sample of more than 600 stakeholders. This year’s ESG Report is compiled in accordance with GRI Standards – with a notable 40 quantitative indicators independently assured – as well as incorporating topics of interest to Sustainalytics and CDP assessment methodologies. In FY23, Richemont received a Sustainalytics’ rating of 13.9, highlighting a low ESG risk profile and ranking the Group in the top 7% of companies rated worldwide. Unlocking ESG value-creation across the Group, Richemont delivered an executive sustainability learning event involving 60 business leaders, including all CEOs of Maisons and regions.

 

 

About Richemont

At Richemont, we craft the future. Our unique portfolio includes prestigious Maisons distinguished by their craftsmanship and creativity. Richemont’s ambition is to nurture its Maisons and businesses and enable them to grow and prosper in a responsible, sustainable manner over the long term.