CARREFOUR - 2014 annual financial report

68 2014 Registration Document

Social responsibility

Results

Year ended December 31, 2014

To the Shareholders,

As independent third-party, members of Mazars’ network, Statutory

Auditor’s of Carrefour, whose accreditation was accepted by

COFRAC under the number 3-1058, we hereby present our report

on the consolidated social, environmental and societal information

provided in the management report prepared for the year ended

December 31, 2014, (hereinafter referred to as “CSR Information”),

pursuant to Article L. 225-102-1 of the French Commercial Code (Code

de commerce).

◗

The Company’s responsibility

The Board of Directors of Carrefour is responsible for preparing a

management report including the CSR Information required under

Article R. 225-105-1 of the French Commercial Code, in accordance

with the Indicators reporting protocol and KPI definitions of the Company

(hereafter the “Reporting Criteria”) and available on request to the society

headquarter.

◗

Independence and quality control

Our independence is defined by regulatory texts, the profession’s Code of

Ethics and by the provisions of Article L. 822-11 of the French Commercial

Code. Furthermore, we have set up a quality control system that includes

documented policies and procedures designed to ensure compliance

with deontological rules, professional standards and applicable legal

texts and regulations.

Responsibility of the Independent Third Party

Based on our work, our role is to:

■

attest that the required CSR Information is disclosed in the

management report or, that an explanation has been provided if any

information has been omitted, in accordance with the third paragraph

of Article R. 225-105 of the French Commercial Code (Attestation

of completeness of the CSR Information);

■

provide limited assurance that, on the whole, the CSR Information is

fairly presented, in all material respects, in accordance with the adopted

Reporting Criteria (Fairness report regarding CSR Information);

■

provide, at the request of the Company, a reasonable assurance as to

whether the information identified by the symbol

in the Part 2.3.2.2

“Key indicators” of the management report was prepared, in all material

respects, in accordance with the adopted Reporting Criteria.

Our work was carried out by a team of 4 people between September 2014

and March 2015, during 12 weeks.

We conducted the work described below in accordance with the

professional standards applicable in France and the legal order dated

May 13, 2013 determining the methodology according to which the

independent third party body conducts its mission

(1)

and, on the reasoned

opinion, in accordance with ISAE 3000

(2)

Attestation of presence of CSR Information

We got acquainted with the direction that the Group is taking, in terms of

sustainability, with regard to the social and environmental, consequences

of the Company’s business and its societal commitments and, where

appropriate, the actions or programs that stemmed from it.

We compared the CSR Information presented in the management report

to the list set forth in Article R. 225-105-1 of the French Commercial

Code.

In the event of omission of some consolidated information, we checked

that explanations were provided in accordance with the third paragraph

of the Article R. 225-105 of the French Commercial Code.

We checked that the CSR Information covers the consolidated scope,

which includes the Company and its subsidiaries within the meaning of

Article L. 233-1 of the French Commercial Code (Code de commerce)

and the companies that it controls within the meaning of Article L. 233-3

of the French Commercial Code (Code de commerce), subject to the

limits set forth in the methodological Note presented in the management

report (Part 2.3.3 “reporting methodology for CSR indicators”).

Based on our work, and taking into account the limitations mentioned

above, we attest that the required CSR Information has been disclosed

in the management report.

Fairness report with respect to CSR Information

Nature and scope of procedures

We conducted the interviews that we deemed necessary with twenty

persons responsible for the preparation of CSR Information from the

departments in charge of the process of gathering information and, where

appropriate, responsible of the internal control and risk management to:

■

assess the appropriateness of the Reporting Criteria in terms of

relevance, completeness, neutrality, clarity and reliability, by taking

into consideration, when relevant, the sector’s best practices;

■

verify the set-up within the Group of a process to collect, compile,

process and check the CSR Information with regard to its completeness

and consistency. We familiarized ourselves with the internal control

and risk management procedures relating to the compilation of the

CSR Information.

We determined the nature and extent of tests and controls depending

on the nature and importance of CSR Information in relation to the

characteristics of the Company, the social and environmental issues of its

operations, its strategic priorities in relation to sustainable development,

and the Industry best practices.

(1) Decree of May 13, 2013 establishing the methodology according to which the independent third party conducts its mission.

(2) ISAE 3000 – Assurance engagements other than audits or reviews of historical information.

2.3.4

Report by an independent third party on the consolidated

company, environmental and societal information set forth

in the management report

This is a free translation into English of the original report issued in French, and is provided solely for the convenience of English speaking readers.

This report should be read in conjunction with, and is construed in accordance with French law and professional auditing standards applicable in France.