Danone // 2020 Universal Registration Document

5.1 AN INTEGRATED APPROACH OF SUSTAINABLE BUSINESS MODEL 145 Danone’s mission and vision: a long-standing commitment to sustainable value creation 145 Governance established to support Danone’s One Planet. One Health frame of action 146 An integrated way to track and foster progress 146 A comprehensive approach to meet external demands 147 Responsible practices: ethics and integrity 149 5.2 OFFERING SAFE, HEALTHY PRODUCTS 151 Unique product portfolio to impact people’s health 151 Responsible communication 155 Marketing of breast milk substitutes 156 5.3 PRESERVE AND RENEW THE PLANET’S RESOURCES 157 Environmental strategy 157 Fight against climate change 158 Transition toward regenerative agriculture that includes organic agriculture 164 Circular economy 165 Preservation of the water resource 169 5.4 BUILDING THE FUTURE WITH DANONE EMPLOYEES 173 Danone’s employment approach 173 Inclusive talent development 174 Social relations 178 Workplace health and safety 180 Employee security 182 5.5 PROMOTING SUSTAINABLE, INCLUSIVE GROWTH WITH SUPPLIERS 183 Responsible sourcing – milk 183 Responsible sourcing – supplies other than milk 184 5.6 DANONE’S SOCIAL INNOVATION FUNDS 189 Danone Communities 189 Danone Ecosystem Fund (Fonds Danone pour l’Écosystème) 189 Livelihoods Carbon Fund 189 Livelihoods Fund for Family Farming 189 5.7 VIGILANCE PLAN 190 5.8 METHODOLOGY NOTE 194 Consolidation scope and coverage 194 Like-for-like changes in scope (constant scope) 195 Definition of the Reporting Entities 195 Data collection 195 Information regarding methodologies 196 5.9 REPORT BY ONE OF THE STATUTORY AUDITORS, APPOINTED AS AN INDEPENDENT THIRD PARTY, ON THE CONSOLIDATED NON-FINANCIAL INFORMATION STATEMENT INCLUDED IN THE MANAGEMENT REPORT 201