Through its CSR strategy, applied to Eurazeo and all fully consolidated companies and equity-accounted associates, Eurazeo has define 2020 as the overall timeline of its approach: the CSR strategy incorporates 2020 quantitative objectives for each of the four pillars.
To facilitate the implementation of a pragmatic and value-creating CSR approach, Eurazeo has laid down a CSR roadmap made available to all its investments. The follow-up of achievements and progress made in the field of CSR was made reliable thanks to the deployment of a reporting system, used by 19 companies of the portfolio in 2016. The CSR reporting results of each company are given annually to their management teams and diverse boards, on the basis of which are established plans of progress and quantitative targets. One of the three main objectives of the CSR road map is that 100% of portfolio companies to have quantified CSR progress targets by 2020. These quantitative targets are usually defined with a timeline and incorporate milestones.
All along the transformation phase and CSR progress plans defined with portfolio companies, Eurazeo holds CSR meetings with portfolio companies (at least quarterly). In 2016, 95 CSR meetings as well as 3 CSR awareness-raising seminars were held with subsidiaries.
Eurazeo also regularly organizes meetings and seminars gathering all portfolio companies to allow them sharing their experiences and CSR best practices (such as the annual briefing meeting for CSR reporting, Human Resources Club, working group on sustainable procurement, etc.)
Moreover, Eurazeo makes regular visits to the sites of its portfolio companies. Companies are encouraged to perform or to undergo audits and to put in place practical measures to help them achieve goals set up.