ENGAGEMENT SOCIETAL ET RSE

France: apart from investments in your company’s own shares, what proportion of the employee savings funds offered to your employees has a responsible label (SRI, Greenfin, CIES, Finansol or foreign labels)? Please indicate the name of the label funds, the percentage of assets under management and the percentage of funds excluding employee shareholding in label-labeled savings funds, the percentage of group employees benefiting from them, and the change compared with last year. If applicable, please explain why your employee savings funds are not all labelled? If some of them are not labeled but include 7 ESG criteria, please explain how these criteria attest to a robust and selective ESG approach? In your other countries of operation: What employee savings schemes, excluding employee share ownership, have been set up for your employees outside France? Do they include robust ESG criteria? If so, which ones? If not, why not? How do you involve your employees in the selection and monitoring of responsible investment funds?

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Continue ReadingFrance: apart from investments in your company’s own shares, what proportion of the employee savings funds offered to your employees has a responsible label (SRI, Greenfin, CIES, Finansol or foreign labels)? Please indicate the name of the label funds, the percentage of assets under management and the percentage of funds excluding employee shareholding in label-labeled savings funds, the percentage of group employees benefiting from them, and the change compared with last year. If applicable, please explain why your employee savings funds are not all labelled? If some of them are not labeled but include 7 ESG criteria, please explain how these criteria attest to a robust and selective ESG approach? In your other countries of operation: What employee savings schemes, excluding employee share ownership, have been set up for your employees outside France? Do they include robust ESG criteria? If so, which ones? If not, why not? How do you involve your employees in the selection and monitoring of responsible investment funds?

Do you publish a document detailing your commitments to fiscal responsibility? How does it fit in with your corporate social responsibility policy, going beyond mere compliance? Is it reviewed and approved by the Board? (Please attach a link or specify where the document appears, along with a detailed explanation) Do you specify any tax practices that you consider unacceptable?

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Continue ReadingDo you publish a document detailing your commitments to fiscal responsibility? How does it fit in with your corporate social responsibility policy, going beyond mere compliance? Is it reviewed and approved by the Board? (Please attach a link or specify where the document appears, along with a detailed explanation) Do you specify any tax practices that you consider unacceptable?

How do you monitor and ensure alignment between your ESG objectives and the positions of the trade associations of which you are a member, as well as any potential divergence from your own positions? Do you publish a report in which you detail how the positions of your company and your trade associations are aligned, but also where they may differ from each other?

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Continue ReadingHow do you monitor and ensure alignment between your ESG objectives and the positions of the trade associations of which you are a member, as well as any potential divergence from your own positions? Do you publish a report in which you detail how the positions of your company and your trade associations are aligned, but also where they may differ from each other?

Michelin is setting up plants in countries where democracy is not a reality. We have to understand that some of these plants could be taken over by national entities and then we would lose our knowhow. You have some sites we Wonder about (China). Every time main sites of Michelin were transferred abroad, French individual shareholders suffered from that (increase of unemployment, social disorder…). What are you doing or what would you do to improve this situation ?

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Continue ReadingMichelin is setting up plants in countries where democracy is not a reality. We have to understand that some of these plants could be taken over by national entities and then we would lose our knowhow. You have some sites we Wonder about (China). Every time main sites of Michelin were transferred abroad, French individual shareholders suffered from that (increase of unemployment, social disorder…). What are you doing or what would you do to improve this situation ?

Could you please specify how the E&S criteria integrated in the policies for compensation policies (if applicable) of your executives reflect the most material E&S issues the most material E&S issues facing your company?

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Continue ReadingCould you please specify how the E&S criteria integrated in the policies for compensation policies (if applicable) of your executives reflect the most material E&S issues the most material E&S issues facing your company?

How does the Board ensure that E&S objectives are met, in particular on the basis of quantitative criteria? Is the level of requirement systematically re-evaluated systematically reassessed when achievement rates are high?

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Continue ReadingHow does the Board ensure that E&S objectives are met, in particular on the basis of quantitative criteria? Is the level of requirement systematically re-evaluated systematically reassessed when achievement rates are high?