2. Corporate social responsibility policy From the 25 sustainability issues selected, 13 were shown by the study to be “material”, i.e., they are very significant financially, or in terms of impact, or both. Greenhouse gas emissions Adaptation to climate change Data privacy protection Business integrity Labor relations Health & safety Continuity of service Human rights in the value chain Value sharing and remuneration policy Waste management Air pollution Employee engagement Working conditions and environment Advocacy for CSR with our stakeholders Training and development of employees Diversity and inclusion of employees Environment Low impact Impact on GEODIS’s business High impact Low impact High impact Social Governance Soil & water pollution Impact on local communities Priority issues 3 Priority issues 2 Priority issues 1 (material) Marine biodiversity Land biodiversity Water management Noise pollution Consumption of non-renewable resources GEODIS’s impact on the environment and people Responsible purchasing Responsible communications The majority of the issues that emerged as material from the double materiality analysis have already been identified as such by GEODIS. Some of them are monitored and are elements of the Group’s CSR strategy (greenhouse gas emissions, Health & Safety and business integrity). To address these challenges, ambitious policies are already in place, with specific programs, performance measurement tools and targets that can be strengthened. For other issues, the double materiality analysis highlighted their growing importance in terms of impact, for the Group and/or its stakeholders (e.g., adaptation to climate change and human rights in the value chain). These issues will be given a stronger place in GEODIS’s CSR strategy. A few issues, however, such as biodiversity, appear to be less material in the light of the double materiality analysis. Nonetheless, these issues will continue to be taken into consideration by the Group in a manner appropriate to their level of importance. So that all the issues can be managed effectively and in a targeted manner according to their level of importance, GEODIS has split them into three categories, which are shown as dotted orange lines on the matrix: ● priority 1 issues: these 13 “material” issues are at the heart of the Group’s activities and value chain. The Group is speeding up its efforts to ensure that all these issues are managed through specific governance, long-term objectives and performance indicators; ● priority 2 issues: these are the issues on which the Group is maintaining its efforts, in a bid to achieve continuous improvement, via a program rolled out in the regions and lines of business concerned, accompanied by performance indicators and, in some cases, medium-term objectives; ● priority 3 issues: for these issues, the Group continues to monitor its performance using appropriate indicators. GEODIS also plans to increase communication with its stakeholders to pursue dialogue initiated during the consultation on the Group’s sustainability challenges. In addition to existing discussion channels, the Group plans to set up a strategic stakeholder committee, made up of internal representatives and external experts, covering all economic, social and environmental issues. 30 - 2023 ACTIVITY AND SUSTAINABILITY REPORT
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