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Welcome to the Alimentation Revolution Welcome to the Alimentation Revolution INTEGRATED REPORT For any specification on our indicators definitions, scope, coverage and collection procedures, please refer to our INTRODUCTION methodology note online. This summary version of our integrated report interests in our daily activities in line with our provides insights on our strategic focus. It dual commitment to business success and social discusses our ability to achieve our objectives and progress. to create value, in the near and distant future, as DisclAimer We have identified our material aspects to drive part of our dual economic and social project. our sustainability performance taking these into This document is a shortened and summarized In the first part of this document, we account. Most of our key performance indicators version of Danone’s Integrated Report. demonstrate how our history has defined our are available in this document, with the intention For a complete and detailed version of Danone’s mission “to bring health through food to as many of ensuring consistency and comparability with Environmental, Social and Governance (ESG) people as possible” and how it has influenced our previous years. Our methodology note is available commitments, projects and results, please refer business activities and markets’ evolution. online for more information on our calculation to the full version of Danone’s Integrated Report methods and our data reliability. The second part of this document introduces available online: Danone’s governance structure and how it allows We hope this document will help you understand http://www.danone.com/en/for-all/ for delivering results and creating value on a how Danone has created value in 2016 and we integrated-report/ daily basis with a unique business approach. It invite you to read the full version online. also provides a concise overview of our strategies All results and projects presented in this and commitments on Environmental, Social document, as well as on the online version and Nutritional topics. Some projects chosen of Danone’s Integrated Report, are based for each of these topics will illustrate how at on 2016 reporting scope, excluding any element Danone we incorporate stakeholders’ needs and related to the WhiteWave acquisition. This document, as well as the online version of Danone’s Integrated Report, only covers the year 2016. Projects presented were therefore launched in 2016 or earlier. Projects started in the current year are not included in this document. 2016 INTEGRATED REPORT SUMMARY 2 DANONE SUMMARY Danone Company Integrated Report SociaL innovatiOnS p.39 2016 INTEGRATED REPORT SUMMARY 3 DANONE Danone Company 2016 INTEGRATED REPORT SUMMARY 4 DANONE oUR HeRITAGE From 1919 to 1972 ENTREPRENEURIAL spirit 1929 ENTREPRENEURIAL spirit Daniel Carasso ENTREPRENEURIAL spirit founds Danone in France. 1942 Daniel Carasso founds Dannon in the US. DANONE ARRIVEs IN fRANCE Daniel Carasso founds the Société Parisienne du Yoghourt Danone and opens the first retail outlet on rue André Messager in Paris. He also creates the brand’s first advertising slogan: “Delicious and healthy, Danone yogurt is the right dessert 1929 for happy, healthy digestion.” Danone pioneers ENTREPRENEURIALits message of bringing together enjoyment and health. The French flock to try Danone’s small ceramic jars of yogurt, which are first sold in spirit pharmacies before becoming available for purchase at cheese stalls. SOCIAL THE START OF THE Isaac Carasso innovationAMERICAN DREAM BIRTH OF DANONE In 1941, Daniel Carasso and his wife leave France for NYC. Shortly after arriving, Daniel Carasso IN BARCELONA, SPAIN sees a classifi ed ad: Yoghurt business for sale. He decides to investigate. “It was a shop in the founds IsaacDanone arass lves arcela the s. Bronx run by an old Greek couple, who made He serves that a pash chlre suer 1941 between 100 and 200 pots of yogurt a day for Expo Groupe_CT_170915.indd 2 21/09/2015 16:10 r testal ect. ware research t the cafeterias in the area.” By purchasing this lactc erets el laureate a asteur 1966 goodwill, he founds Dannon Milk Products Inc. in Barcelona.Isttute rectr lya echov saac eces in 1942. 1919 t truce a pruct the alas r 1919 its health benefi ts: yogurt. He launches the Danone brand in 1919 named after his son Daniel, whose nickname was “Danon”. Danone is committed to healthy eating from the very start! BSN is created. Expo Groupe_CT_250915.indd 3 25/09/2015 10:50 Expo Groupe_CT_250915.indd 1 25/09/2015 10:50 Antoine Riboud redefines the 1968 traditional role unsuccessful of the business takeover leader during bid for his speech Saint-Gobain. HEALTH BY alimentation in Marseille. GROUNDBREAKING SPEECH IN MARSEILLE In a speech to 2,000 executives at the Assises du Patronat, held in Marseille, Antoine Riboud redefines the traditional role of the business 1972 leader. Motivated by the ideals of May 1968, he calls for a different approach to management and outlines a new vision of corporate social STRONGER TOGETHER responsibility. This is the birth of Danone’s dual commitment to business success and social In 1966, Antoine Riboud forms the French progress. His speech marks the first time an 1970 employer in France stresses the need to consider company BSN by merging Verreries Souchon- the human side of business. Neuvesel, France’s top producer of bottles and jars, with Boussois, France’s second-largest Daniel Carasso and producer of flat glass. With 8,815 employees, BSN becomes France’s BSN becomes a glassmaker capable of competing Antoine Riboud meet. 1966 on a European scale. largest producer Merger between BSN Expo Groupe_CT_250915.indd 6 of beverages and Gervais25/09/2015 10:50 Danone and infant food. is announced 1972 in December 1972. GROUP’S ROOTS: FROMExpo GLASS Groupe_CT_250915.indd 4 TO FOOD 25/09/2015 10:50 INVESTING IN THE FOOD INDUSTRY 2016 INTEGRATED REPORT SUMMARY BSN becomes France’s largest producer of beverages and baby food by acquiring Evian, Kronenbourg, Société5 Européenne de Brasseries DANONE 1970 and Blédina (originally Evian Solide). Expo Groupe_CT_250915.indd 5 25/09/2015 10:50 oUR HeRITAGE From 1972 to 2015 1994 1996 HEALTH BY alimentation BSN-Gervais Danone is Franck Riboud renamed succeeds his father Danone Group. Antoine as CEO. A new logo is created. 90’S 2006 1989 SOCIALSince innovation 2007 Formalization - of the mission The BSN group becomes the and acquisition third-largest food and beverage 2007 of Numico. company in Europe, and the leader in France, Italy and Spain. A pORTfOLIO fOCus ON HEALTH Danone sells its Biscuits business to Kraft in 2007 and buys Royal Numico, a global leader in Baby and Medical Nutrition. With this acquisition Danone focuses on 4 divisions including health. Royal Numico has a portfolio of strong brands, Groundwork is laid for its 2007 among them Nutricia, Milupa, and Cow & Gate. Numico’s international presence in the Medical and Baby Nutrition markets provided new international development avenues of growth and profitability and helps fulfill Danone’s mission. International development COMMITTED TO THE ENVIRONMENT: THE strategy and implementationGENEsIs Of LIVELIHOODs In 1998, Danone signs the Ramsar International Convention on protecting wetlands. Ten years later we set up the Danone Fund for Nature of2008 social innovationto develop platforms. and provide funding for innovative carbon offset programs, and we have broadened the scope of these efforts by inviting other businesses to join us through the Livelihoods Fund, launched in 2011. ETEEEAL spirit Expo Groupe_CT_170915.indd 22 21/09/2015 16:13 Expo Groupe_CT_170915.indd 23 WE 21/09/2015CAN 16:13 MAKE a change... 2014 manifestovoice.com 2015 Franck Riboud Chairman of the Board Emmanuel Faber Chief Executive Officer Danone unveils its “Manifesto”. The company’s 100,000 employees bring it to life. Design: Burson-Marsteller i&e Design: Burson-Marsteller EUROPEAN EXPANSION Startin in BNervais anone acuires several companies includin mora Maille Vandamme a ie ui hante iebi albani and olvic n less than years it becomes Europe’s third largest ood company leadin the market in rance ermany Belium pain 1980s Italy uembour and ortual SINCE 2007 ACCELERATION 1973-1990 EUROPEAN EXPANSION 1990-1996 GLOBAL AMBITIONS 1996-2007 REFOCUS ON HEALTHY FOOD OF INTERNATIONAL DEVELOPMENT Expo Groupe_CT_250915_bat2.indd2016 8 INTEGRATED REPORT SUMMARY28/09/2015 11:19 6 DANONE oUR vision 3 CEOs since the BSN and Gervais Danone merger maNiFesto A UNIQUE MISSION AND A DUAL ECONOMIC AND SOCIAL PROJECT AT THE HEART OF THE COMPANY & daNone 2020 “As CEO, I pledge to pursue As early as 1972, Antoine Riboud was drawing attention Danone’s dual commitment 2014 to the environmental and social impact of businesses to business success and social on the planet. For over 40 years the pioneering speech Emmanuel Faber progress” 2014- … by Antoine Riboud which established our ‘dual project’ has been felt in our company. That dual project was enhanced in 2006 by Frank Riboud who launched our lasting mission to bring health through food HeAlth to as many people as possible. In 2015 we published a new Manifesto, which will 2006 Mission be a guiding star to build a healthier future and “How can a company to enshrine the principles of co-creation, local Franck Riboud expect to thrive in an 1996-2014 economic and social desert?” adaptation and continuous improvement. Our recent partnership with B Corp is a modern illustration of our ambition to pioneer a new business approach. FoUndatIon Of thE dual oUR missioN 1972 Project “The frontiers of the Bring health through food company do not stop Antoine Riboud to as many people as possible. 1973-1996 at the factory gates…” 2016 INTEGRATED REPORT SUMMARY 7 DANONE oUR vision The manifesto: mobilizing employees to support Danone’s ambitions This Manifesto belongs to every Danoner. By living our Manifesto, we carry forward our mission to “bring health through food to as OUR COMMITMENTS many people as possible” and our dual project for business success and social progress, while reflecting our values of Humanism, Openness, Proximity and Enthusiasm.
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