Danone’s commitments and achievements regarding its sustainability priorities are externally assessed.

The Environmental, Social and Governance (ESG) ratings, which assess us on our overall sustainability strategy (MSCI, Vigeo-Eiris, Sustainalytics, etc…), are primarily intended for a financial audience. Other thematic rankings, which assess us on specific topics such as nutrition and health issues (ATNI), climate change (CDP), and gender equality (Bloomberg Gender Equality Index), are intended for a broader scope of stakeholders.

Today there are several ratings and rankings in which we take part, but we cannot actively participate in all of them. We have therefore prioritized our participation according to the following criteria:

• Relevance in regard to our strategic priorities and commitments.
• Robustness of approach and methodology as well as expertise on topics dealt with.
• Efficient allocation of our resources, as our participation should not prevent us from focusing our efforts on our priorities and performance.
• Rating process which provides insights enabling us to improve our performance and strategic focus.
• Assessment of our main competitors and industry peers, allowing our stakeholders to compare and benchmark.