Body

Non-Financial Performance Statement

BUSINESS MODEL

Trends & vision

Food has become a societal issue. With “consum’actors” in the quest of Better Food and trust, food is evolving towards a new model that is more responsible and more respectful of local cultures. Sustainable development and the digital revolution are transforming the agrifood chain and food retailing.

SAVENCIA Fromage & Dairy has the ambition of reinventing quality food meeting consumers’ new expectations: good, natural, healthy, practical and sustainable. By reinforcing its competitiveness, its innovation, and its CSR commitment towards its various stakeholders, the Group constantly adapts to changes in its markets worldwide and in its customers whether in retailor in BtoB professionals.

Resources

Human resources

22,916
employees

in 29 countries

58.6% of men
41.4% of women

Subsidiaries in close touch with their local environment

Environmental and societal resources

17.0 million m³ of water

2,193 GWh of energy

12,000 dairy farms supplying 4.2 billion liters of milk

Financial resources

The stability of a majority family shareholding

Control over SAVENCIA Fromage & Dairy, a listed company with equity of €1,396.3 million

Value creation

An international, independent family food group with a longterm perspective. With its strong values and its mission: LEADING THE WAY TO BETTER FOOD, the Group deploys a strategy of creating innovative and high-quality products and brands. The Group manufactures and sells its products and specialty brands via retailers and food service operators and also provides ingredients to industry. The Group relies on subsidiaries in close contact with their local markets as well as by pooling of global expertises.

One Group but two entities: SAVENCIA Fromage & Dairy, a major player in milk processing and the number 4 global cheese manufacturer, and SAVENCIA Gourmet, an international Premium Food Service player for sweet foods and chocolate and also present in French retail stores with its strong deli and seafood brands.

Shared values

For people

Top Employer
Europe 2018, 2019

Payroll costs:
19.4% CA

72.7% of employees received training in 2018

312 apprenticeship contracts in 2018

For the Environment

Trend in greenhouse gas impact of milk collection:
-191,000 equivalent tons of CO2 between 2010 and 2018

Energy consumption:
-4.4% per manufactured ton between 2015 and 2018

For society at large and local communities

A new formula for evolution of the price for milk jointly developed with the farming community in 2018

Valrhona "Live Long" plan:
initiatives in favor of cocoa producers

SAVENCIA has led retail revenue growth in France between 2014 and 2018 (source: distributor panel)

A Group endowment fund

Taxes:
1.5% of net sales

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THE NON-FINANCIAL PERFORMANCE STATEMENT