Universal Registration Document 2024

Glossary

4.2.1.1 Impacts, risks and opportunities related to environmental and climate issues [ESRS 2 SBM-3, E1 IRO-1, E1-2-24 & 25, E1-4-32 & 34]
/ Impacts, risks and opportunities – in brief
Impact type [ESRS E1 SBM-3-18] Risks [ESRS E1 SBM-3-19] Opportunities Public policies Mitigation measures & major actions

Impact type

[ESRS E1 SBM-3-18]

Physical impacts: (In to Out) Publicis Groupe’s activities generate carbon emissions, particularly those from Scope 3 (in particular procurement, transport, etc.) (Out to In) Major and severe climate events could adversely affect employees (personal and professional spheres)

Risks

[ESRS E1 SBM-3-19]

The risks lie in the status quo and in failing to grasp the profound changes to be made in professions and professional practices. Physical risks can have the below impacts

  • Employees may be directly and personally impacted with their place of residence
  • Employees working in certain offices that are more exposed could see their working environment damaged
  • Out-of-service data centers could affect service continuity for clients and the normal functioning of the Company
  • Six IPCC scenarios were examined taking into account rising temperatures, rising sea levels, extreme rainfall with flooding, major fires and tornadoes

Opportunities

  • Offering low- impact services and innovative solutions to the Groupe’s clients
  • Physical and/or mental health prevention actions help employees cope with climate hazards
  • Taking eco-anxiety into account provides the keys to better understand these situations and change perceptions
  • ISO 14001 certification provides a method that helps anticipation

Public policies

  • Climate transition plan
  • Janus - Net Zero Climate Policy
  • Janus - HR General Policies & Rules
  • Janus - Health & Safety Policy
  • Local HR policies in the countries, Health, Safety and Employee well-being
  • Janus - Net Zero Climate Policy

Mitigation measures & major actions

  • Activation of decarbonization levers, and strengthening of tools that can measure the impacts of our services for clients (A.L.I.C.E, carbon calculator)
  • The Procurement Department asks suppliers to implement a climate trajectory to reduce their impacts
  • The IT Department implements the business continuity strategy; tests and backup plans are carried out regularly
  • The internal Climate Task Force monitors scientific developments in climate change
  • The Talent and HR teams in the countries have extended the spectrum of systems enabling employees to be supported in terms of physical and mental health prevention
  • The internal LionAlert tool contacts employees in case of extreme emergency and ensure they are safe. LionAlert is activated locally according to events (earthquake, cyclone, flood, major fire, but also acts of terrorism, political tensions, etc.)
  • Employees are equipped for an extended remote working configuration with the appropriate IT equipment and connectivity

Impact type

[ESRS E1 SBM-3-18]

Impacts related to the transition: mainly related to market and/ or regulatory changes if they were to adversely affect certain business lines, impacts in terms of energy consumption must be considered in the medium term

Risks

[ESRS E1 SBM-3-19]

Transition risks relate to various aspects:

  • Regulatory changes could lead to the abandonment of certain categories of products, the prohibition of advertising
  • The issues surrounding carbon taxes in different forms were analyzed in detail
  • The risk is increased energy consumption with an unsustainable mix
  • Six other risk scenarios stemming from the IPCC were examined to anticipate the restrictive framework of a 1.5°C scenario, whether for clients’ products/services or the operation of the Company

Opportunities

  • Innovation will make it possible to be imaginative and transform future perceptions
  • The opportunity also lies in the ability to promote use of materials from the circular economy, bio- sourced and traceable, and to partner with suppliers to reduce impacts

Public policies

  • Climate transition plan
  • Groupe position on Anti- greenwashing
  • Janus - Responsible Marketing policy
  • NIBI training program
  • Janus - Net Zero Climate Policy
  • A.L.I.C.E. - public methodology

Mitigation measures & major actions

  • Managed by the Legal Department, international and national regulatory monitoring helps us anticipate changes affecting us and/or our clients, and change our own standards
  • Any carbon taxes must be anticipated; the implementation of an internal carbon price (ICF) contributes to this
  • The Groupe participates in industry-related work enabling our various activities to anticipate regulatory changes and propose improvements to professional practices
  • Teams are trained (NIBI) to support clients in their own transition and help them reduce Scope 3 emissions
  • The action plan to switch to 100% direct- source renewable energy by 2030 will reduce the impacts of energy consumption