Danone // 2020 Universal Registration Document

5 Social, Societal and Environmental Responsibility 5.3 Preserve and renew the planet ’ s resources 157 DANONE UNIVERSAL REGISTRATION DOCUMENT 2020 5.3 PRESERVE AND RENEW THE PLANET’S RESOURCES Contents Environmental strategy 157 Fight against climate change 158 Transition toward regenerative agriculture that includes organic agriculture 164 Circular economy 165 Circularity of packaging 165 Waste management 167 Reducing food waste 168 Preservation of the water resource 169 ENVIRONMENTAL STRATEGY As part of its 2030 Company Goal, to “Preserve and renew the pla- net’s resources”, Danone’s ambition is to transform its value chain by developing solutions that are positive for the planet. To achieve this, the Company has built its environmental strategy around four priority pillars: • fight against climate change; • transition to regenerative agriculture that includes organic agriculture; • circular economy; • preservation of water resources. Governance In 2020, Danone’s environmental strategy is sponsored by the Chairman and Chief Executive Officer and the Chief Financial Officer, Technology & Data, Cycles & Procurement, a member of the Executive Committee who also sits in the Board of Directors. In coordination with the Chief Cycles & Procurement, they review its implementation, priorities and key issues on a quarterly basis. Furthermore, the review and implementation of this strategy are among the responsibilities of the following governance bodies: • the Engagement Committee of the Board of Directors and the OPOH Integration and Investment Board (see section 5.1 An integrated vision of sustainable business model ); • the Executive Committee, which oversees the annual strategic planning process establishes the operational roadmaps and action plans to achieve the Company’s commitments, working with the Strategy and Risks Department; • the Audit Committee, which oversees the Company’s risk review and identifies emerging risks; • the Cycles and Procurement Department, which ensures the long-term availability and viability of resources (milk, sugar, fruit, packaging, etc.) for the Company’s operations; • the Nature & Water Cycle Department, reporting to the Cycles and Procurement Department, which manages its performance and designs and supports environmental innovation programs through a funding mechanism in partnership with the social innovation funds. It relies on the Sustainability Department of each Reporting Entity as well as the teams of each strategic cycle (packaging, water and milk) and works with the procurement teams responsible for the main resources; • theReportingEntities and subsidiaries, which apply the operational, prevention and riskmanagement action plans, and employ nearly a hundred correspondents. Focus – Training and awareness programs Danone raises awareness and trains its employees on environmen- tal issues by means of online training programs (see section 5.4 Inclusive talent development ). In 2020, Danone launched an e-learning course on the transition to carbon neutrality. This course, facilitated on the Company’s training platform, is built around a general-purpose module directed at all employees and includes more technical modules particularly intended for employees responsible for leading the environmental performance of the Company. The Nature &Water Cycle Department has also trained the employees concerned in the Reporting Entities and subsidiaries on themethodology to use tomonitor environmental performance and its recent developments. Environmental management systems and tools Danone developed its environmental management system based on the international standard ISO 14001. Danone also certifies its main production sites in accordance with this standard, which is a prerequisite for obtaining the highest level of performance in its Global Risk Evaluation for ENvironment (GREEN) program (see hereinafter). Year ended December 31 2019 2020 ISO 14001 certification (a) Number of certified sites 85 82 Percentage of certified sites 46% 46% Percentage of volumes covered 67% 65% (a) Production Site Environment scope, see Methodology Note.