It should be noted that Patricia Velay-Borrini, who left the ESG Committee on January 1, 2022 to concentrate on the topics dealt with by the Compensation Committee, agreed to rejoin it in May 2022 to replace Cherie Nursalim. Since then, she has been a member of the Compensation Committee and the ESG Committee.
The changes in the composition of the ESG Committee in 2022 are presented hereafter:
| Member of the ESG Committee |
Departure |
Appointment |
| Member of the ESG Committee
Patricia Velay-Borrini
(Member representing employees)
|
Departure November 24, 2021* |
Appointment |
| Member of the ESG Committee
Antonella Mei-Pochtler
|
Departure |
Appointment February 2, 2022 |
| Member of the ESG Committee
Cherie Nursalim
|
Departure May 25, 2022 |
Appointment |
| Member of the ESG Committee
Patricia Velay-Borrini
(Member representing employees)
|
Departure |
Appointment May 25, 2022 |
Main missions and activities in 2022
The duties of the ESG Committee are detailed in article 10 of the Supervisory Board’s internal rules and regulations. The missions of the ESG Committee and the main work completed in 2022 are as follows:
Missions
Social and environmental issues
- review the Groupe’s CSR policy and initiate any discussions on the long-term evolution of this policy;
- examine the Groupe’s social policies, formulating proposals in terms of diversity and inclusion, professional equality, changes in working conditions; and
- prepare the work of the Board with regard to the deployment of social and environmental policies and, when they are adopted, to measure progress and the achievement of objectives.
Governance issues
- lead a reflection, in conjunction with all stakeholders, on the Groupe’s purpose; and
- conduct discussions and propose solutions aimed at taking into account the interests of stakeholders in the challenges and major strategic orientations of the Company and the Groupe.
Non-financial criteria
- examine the non-financial reporting and control systems as well as the non-financial information published by the Groupe.
Main work completed in 2022
- monitoring of the objective of reaching 45% women in the Groupe’s key leadership positions;
- discussions on the gender pay gap;
- information on regulatory obligations in terms of gender equality, approaches and methodologies implemented in this area.
- monitoring numerous indicators in this area(particularly percentage of renewable energy and carbon emissions);
- reviews of new objectives validated by SBTi (Science Based Target Initiative) and defined in response to the change in their methodology: reduction of the carbon footprint by 50% by 2030 (carbon neutrality) and by 90% by 2040 (Net Zero);
- reflection on the implementation of new directives for business air travel in order to reduce carbon emissions in line with objectives;
- review of the advisability of proposing a resolution on the policy to fight climate change, “say on climate” at the General Shareholders’ Meeting of May 25, 2022;
- study on climate risks: mapping and possible mitigation measures;
- information on the launch of P.R.I.S.M.S (Publicis Groupe Program for Responsible, Inclusive and Sustainable Marketing Standards), whose objective is to identify relevant indicators to measure responsible marketing efforts and ensure that the Groupe’s work for its clients meets ESG criteria.
