Danone // 2020 Universal Registration Document

5 Social, Societal and Environmental Responsibility 5.1 An integrated approach of sustainable business model 145 DANONE UNIVERSAL REGISTRATION DOCUMENT 2020 5.1 AN INTEGRATED APPROACH OF SUSTAINABLE BUSINESS MODEL Contents Danone’s mission and vision: a long-standing commitment to sustainable value creation 145 Key milestones in Danone’s sustainability journey 145 2030 Company Goals as an extension of the One Planet. One Health frame of action 145 Governance established to support Danone’s One Planet. One Health frame of action 146 Internal organization and governance 146 An integrated way to track and foster progress 146 Danone’s approach to managing sustainability performance 146 A comprehensive approach to meet external demands 147 Manifesto Brands to reflect consumers’ expectations 147 Materiality analysis to highlight main externalities 147 Risks identified in connection with Danone’s declaration of non-financial performance 147 One Planet. One Health frame of action cross-reference table 148 Responsible practices: ethics and integrity 149 DANONE’ S MISSION AND VISION: A LONG-STANDING COMMITMENT TO SUSTAINABLE VALUE CREATION Key milestones in Danone’s sustainability journey 2030 Company Goals as an extension of the One Planet. One Health frame of action Building on its dual economic and social project and its OPOH frame of action, Danone has defined a set of nine long-termGoals – aligned with the Sustainable Development Goals of the United Nations – to embrace the food revolution while creating sustainable value for its shareholders and ecosystem. In 2020, Danone took another step forward by becoming the first listed company to adopt the Entreprise à Mission model. It also se- lected four of its 2030 Company Goals as its mission and integrated them into its by-laws: • impact people’s health locally, with a portfolio of healthier pro- ducts, with brands encouraging better nutritional choices and by promoting better dietary habits; • preserve and renew the planet’s resources, by supporting rege- nerative agriculture, protecting the water cycle and strengthening the circular economy of packaging, across its entire ecosystem, in order to contribute to the fight against climate change; • entrust Danone’s people to create new futures: building on a unique social innovation heritage, give each employee the opportunity to impact the decisions of the Company, both locally and globally; • foster inclusive growth, by ensuring equal opportunities within the Company, supporting the most vulnerable partners in its ecosystem and developing everyday products accessible to as many people as possible. Danone has appointed aMission Committee tomonitor the Company’s progress toward its mission and has defined key performance indicators and targets to allow an independent third party to verify the progress made (see section 2.2 Strategic priorities ). This step is also in line with its goal of obtaining worldwide B Corp™ certification by 2025, which will show consumers and stakeholders that all Danone entities and brands are putting their businesses to work to serve society. Beyond its direct scope of responsibility andmore specifically during the Covid-19 crisis, Danone has supported its ecosystem through its corporate actions, brands and social innovation platforms. The Company is also committed to protecting its supply chain so that it can continue to provide it with its daily food supply. 1972 Speech in Marseille and birth of the dual economic and social project 2006 “Bringing health through food to as many people as possible” corporate mission 2015 Partnership with B Lab 2017 Launch of One Planet. One Health 2018 2030 Company Goals strategic agenda 2020 Entreprise à Mission status ● 2001 Birth of the Danone Way program ● 2018 – One Person, One Voice, One Share program – Syndicated credit facility ● 2019 Carbon-adjusted EPS communication ● 2020 Acceleration of the “Be certified as a B Corp TM ” ambition to 2025 and to 2022 for Waters Reporting Entity ONE PLANET. ONE HEALTH