Universal Registration Document 2023

4.1.3.3 Aligned activities

In accordance with the Taxonomy Regulations, 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 2023 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. Given the progress of the work (see below § "Ongoing work on data centers"), the Groupe is not in a position to assess with certainty the level of alignment of its activities and has adopted a cautious approach at this stage.

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 are being deployed 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 the internal Climate Task Force 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 Conduct and 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 Conduct and 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, Personal Health and Safety, as well as in terms of environmental impacts. (see Section 4.3.10);
• Publicis Groupe defined a policy to prevent fraud risks and has a dedicated organization to prevent corruption risks, aligned with the rules of the so‑called Sapin 2 Law (see Section 4.3.5);
• 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;
• The Janus Code of Conduct and Ethics reaffirms the obligation to comply with local laws. All employees are required to comply with these rules (see Section 4.3.2).

/ Share of 2023 turnover eligible and aligned with the Taxonomy, by environmental objective