Universal Registration Document 2022

Alignment of activities with the Taxonomy

In accordance with the Taxonomy Regulation, a so-called aligned (or “sustainable”) activity is an eligible activity that meets three additional conditions: (i) it contributes substantially to one of the two climate objectives, by complying with the technical review criteria provided for by the Delegated Regulations of the European Commission, (ii) it does not cause significant harm to any of the other five objectives (Do No Significant Harm – DNSH) and finally (iii) it complies with the minimum social guarantees. For the 2022 financial year, for the eligible activities, companies must also publish the indicators (revenue, CapEx, OpEx) on the sustainable activities said to be aligned with the Taxonomy, and their contribution to the achievement of the first two objectives. The Groupe’s approach is prudent in this first year of application of these Taxonomy criteria.

Substantial contribution: As explained in terms of CapEx, the Groupe has identified elements that meet the substantial contribution criterion. New internal criteria for analyzing the Groupe’s activities should be rolled out in 2023 to allow a more detailed reading of the activities that may be concerned.

So-called DNSH criteria (Do No Significant Harm): The Groupe’s environmental policy includes criteria relating to the certification of buildings and energy efficiency, in particular with regard to server installations and Data centers. For its activities, the Groupe has set itself the target of switching to 100% direct-source renewable energy by 2030. Climate risks were explored as part of the work of Climate Task Force internal created in 2022.

Compliance with minimum guarantees: The Groupe meets the minimum guarantee requirements of the Sustainable Finance Platform (PSF) report.

• Publicis Groupe is a member of the Global Compact of the United Nations and its ten Key Principles are included in the Janus Code of Ethics. It also refers to the OECD guidelines for multinationals, as well as the International Labour Organization (ILO) relating to the fundamental labor principles and rights, of the eight fundamental principles of the ILO and the International Bill of Human Rights. The Janus Code of Ethics applies to the entire Groupe and its subsidiaries worldwide, and therefore to all employees. As part of the Duty of Care Plan, measures are intended to ensure respect for Human Rights and Fundamental Freedoms, the Health and Safety of people, as well as in terms of environmental impacts (see Section 4.2.4);
• Publicis Groupe has a dedicated policy and organization to prevent corruption risks, aligned with the rules of the so-called Sapin 2 Law (see Section 4.2.5);
• Publicis Groupe considers that the contribution made by taxation contributes to the economic and social development of the countries in which it operates, for the benefit of local communities (see Section 4.1.5);
• The Janus Code of Ethics reaffirms the obligation to comply with local laws, including competition law. All employees are required to comply with these rules (see Section 4.2.3).

Calculation method: the share of revenue used is aligned with the Groupe’s financial structure and with the Company’s accounting data at December 31, 2022. Publicis Groupe does not publish its data by business line; the data are therefore taken from an approach based on the NACE code of the activities concerned to define the numerators. This analysis is carried out by a tandem team composed of the Finance Department for financial reporting, and the Secretary General for non-financial reporting.