Overview: The 2021 Sustainability Report by JCDecaux highlights the company's commitment to sustainable development, focusing on social, societal, and environmental responsibility, corporate governance, risk management, and financial performance. JCDecaux operates in over 80 countries, emphasizing sustainability and innovation in outdoor advertising.
Key Sections:
- Social, Societal, and Environmental Responsibility: JCDecaux's 2030 Sustainability Strategy aims to accelerate transformation and contribute to the UN's Sustainable Development Goals. The company focuses on reducing its environmental footprint and fostering a responsible business environment.
- Corporate Governance: The governance structure includes the Executive and Supervisory Boards, with initiatives to increase female representation in executive management to 40% by 2027.
- Risk Factors and Internal Control: JCDecaux outlines its risk management policy, insurance coverage, and internal control mechanisms, emphasizing cost control and financial flexibility.
- Financial Performance: In 2021, JCDecaux saw an 18.7% revenue increase, driven by digital activities, with digital-out-of-home revenue reaching 26.9% of total revenue.
- Environmental Initiatives: The company aims for 100% renewable energy coverage by 2022 and is committed to carbon neutrality and reducing environmental impacts.
- Social Commitments: JCDecaux implements training on ethical charters, enhances gender equality, and supports community causes through advertising.
2021 Highlights:- Revenue of €2,745 million.
- Presence in over 80 countries with 957,706 advertising panels worldwide.
- 94% of the top 100 brands communicate with JCDecaux.
- Launch of the 2030 Strategy and the 360 Footprint environmental calculator.
Sustainability and ESG:- Recognition by leading extra-financial rating groups (CDP, MSCI, FTSE4Good, EcoVadis).
- Contribution to collective carbon neutrality in France from 2021.
- 39% of adjusted revenue eligible to the European Green Taxonomy.
Energy and Emissions:- Total energy consumption: 733,751 MWH.
- Green electricity coverage rate: 98%.
- Significant reduction in greenhouse gas emissions since 2014.
Group Strategy:- Organic Growth: Expanding in high demographic areas and winning new advertising contracts.
- Digital, Data, Programmatics: Increasing digital advertising revenue and developing programmatic sales.
- Consolidation of Outdoor Advertising: Acquiring or partnering with companies to strengthen market positions.
Values and Strengths: JCDecaux emphasizes passion, quality, innovation, and responsibility, aiming to improve urban life and contribute to sustainable development.
Operating Expenses Analysis: Operating expenses include costs related to advertising systems, R&D, and maintenance. The 'Taxonomy-eligible operating expenses' indicator was determined by applying the 2021 eligibility ratio (86%) to all operating expenses for the 'Street Furniture' business.
Adjusted Data: In 2021, adjusted data showed 39% of consolidated revenues, 55% of total investments, and 61% of total maintenance expenses were taxonomy-eligible.
Sustainability Strategy: JCDecaux's strategy focuses on reducing energy consumption, promoting responsible advertising, and enhancing health and safety policies, aiming for carbon neutrality and a circular economy by 2030.
Material Risks and Strategy: JCDecaux identified six major extra-financial risks, including business ethics, health and safety, human rights, data protection, and digital piracy, integrated into the sustainability strategy.
2030 Sustainability Strategy: Emphasizes responsible innovations, eco-design, and public interest communication aligned with the UN's 2030 Agenda.
Governance and Management: The report describes a structured governance system involving various committees and departments to oversee the sustainability strategy.
Tools and Monitoring: Regular videoconferences and performance dashboards are used to monitor the deployment of the strategy. ESG criteria are integrated into variable compensation to ensure alignment with sustainability goals.
Introduction to SIA: The Sustainability Information Analysis (SIA) is a tool designed to manage extra-financial performance by capturing, controlling, and consolidating indicators.
Data Management and Reporting: Data input is verified by the Department of Quality Control and Sustainability, consolidated using an 'adjusted' accounting method.
Audit and Validation: Annually validated information is audited by an Independent Third Party Organisation, ensuring reliable data for sustainability strategy and risk management.
Reporting Scope: In 2021, extra-financial reporting covered 98% of the Group's revenue and 96% of FTEs.
Performance Recognition: JCDecaux is recognized by international standards and rating agencies like CDP, MSCI, FTSE4Good, and EcoVadis.
Stakeholder Engagement: JCDecaux engages with various stakeholders, addressing their expectations through dialogue and strategic responses.
Key Initiatives: Initiatives include contributing to global carbon neutrality, implementing ethics charters, and engaging in responsible public procurement and CSR-oriented market communication.
Employee Relations and Rights: Emphasis on personal data protection, health and safety policies, and training programs through JCDecaux Academy.
Citizens and Users of Furniture: Commitment to personal data protection and non-intrusive communication, promoting responsible consumption and sustainable furniture.
Journalists and Influencers: Focus on transparency, reliability, and contribution to general interest causes.
Suppliers and Subcontractors: Clear specifications and transparency in the selection process, respect for human rights and business ethics.
User Safety and Satisfaction: ISO 9001 and ISO 14001 certifications ensure product compliance with safety standards.
Sustainability and Innovation: Commitment to developing sustainable living spaces and responsible innovations aligned with the UN's Sustainable Development Goals.
Actions and Results: Development of useful solutions for citizens, such as alert message broadcasting and integration of defibrillators in urban furniture.
Advertising Compliance and Ethics: JCDecaux emphasizes the importance of adhering to regulatory standards and ethical guidelines in advertising.
Environmental Initiatives: JCDecaux is actively participating in sectoral initiatives to reduce CO2 emissions and promote eco-responsible advertising.
Social Impact and Community Support: JCDecaux supports various social causes through free advertising and partnerships.
Digital Security: The company prioritizes the security of its digital advertising infrastructure, implementing a robust cybersecurity policy.
Commitment to the United Nations' 2030 Agenda: JCDecaux aligns its efforts with the UN's Sustainable Development Goals (SDGs).
Future Roadmap: JCDecaux plans to implement its Code of Ethics globally, enhance digital security, and continue supporting the UN SDGs.
Towards an Optimised Environmental Footprint: JCDecaux is committed to addressing climate change by reducing its environmental footprint and promoting sustainable lifestyles.
Climate Change Mitigation: Since 2014, JCDecaux has been working to reduce its energy consumption and greenhouse gas emissions.
Adaptation to Climate Change: JCDecaux insures its assets against weather-related risks and adapts its street furniture to minimize environmental impacts.
Contributing to Carbon Neutrality: JCDecaux follows a three-step approach: measuring emissions, reducing them, and contributing to global carbon reduction projects.
Other Environmental Impacts: JCDecaux prioritizes responsible waste management, aiming for zero waste landfilling by 2035.
Significant Areas of Greenhouse Gas Emissions: Life-Cycle Analysis (LCA) conducted by JCDecaux shows that 71% of emissions come from the operational phase of furniture.
Roadmap 2014-2021: JCDecaux's previous roadmap focused on reducing electricity and fuel consumption.
Future Actions: JCDecaux plans to continue reducing CO2 emissions from its furniture and vehicles.
Introduction: JCDecaux has implemented various strategies to enhance environmental sustainability, focusing on reducing fuel consumption and accidents through eco-driving.
ISO 14001 Certification: The company is committed to deploying ISO 14001 certification across its subsidiaries.
Energy Consumption: In 2021, JCDecaux's total energy consumption increased by 5.7% due to the resumption of activities post-2020.
Greenhouse Gas Emissions: Total emissions decreased to 30.0 kTEQ CO2 in 2021.
Roadmap to 2030: JCDecaux aims for 100% green electricity coverage and significant reductions in carbon emissions by 2030.
Action Plan: Future actions include detailed lighting control, optimizing digital assets, and renewing vehicle fleets with lower environmental impacts.
Climate Strategy in France: JCDecaux's climate strategy in France involves measuring emissions, reducing them, and contributing to carbon neutrality.
Contribution to Carbon Neutrality: In 2021, JCDecaux invested in carbon reduction projects to offset 60.1 kTEQ CO2.
Conclusion: JCDecaux is committed to contributing to collective carbon neutrality and aligning its strategies with the Paris Agreement.
Carbon Neutrality Strategy: JCDecaux is committed to achieving carbon neutrality in alignment with the Paris Agreement.
Waste Management: Waste management is a priority, focusing on recycling paper posters and PVC canvases.
Circular Economy: JCDecaux promotes the circular economy by extending the life of street furniture and maximizing recycling.
Water Consumption: Efforts to optimize water use include cleaning furniture with rainwater.
Biodiversity Protection: JCDecaux plans to develop a biodiversity protection policy by 2023.
Responsible Business Environment: JCDecaux emphasizes social responsibility, maintaining a diverse workforce and promoting health and safety.
Employee Distribution and Growth: As of December 31, 2021, JCDecaux Group's total headcount was 10,720 employees.
Employee Breakdown by Function: The document provides a detailed breakdown of employees by function.
Contract Types: In 2021, 96.3% of employees were on permanent contracts.
Seniority and Gender Distribution: The average seniority varies by region, with the highest in the United Kingdom.
Age Distribution: The age distribution of employees is detailed, with the largest group being between 35-39 years old.
Social Responsibility and Compliance: JCDecaux emphasizes respect for fundamental social values.
Working Conditions: The document outlines the company's commitment to fair compensation and working conditions.
Conclusion: JCDecaux's 2021 Sustainability Report highlights the company's efforts in maintaining a responsible business environment.
Remote Working Practices: In 2021, over 33% of JCDecaux's workforce worked remotely at least one day per week.
Employee Relations and Collective Bargaining: JCDecaux is committed to promoting collective bargaining and freedom of association.
Health & Safety Culture: Health and safety are priorities for JCDecaux, especially for operational staff exposed to risks.
Absenteeism: The absenteeism rate for illnesses and accidents was 4.5% in 2021.
Safety Campaigns: The "Safety Out-Of-Home–Safely Home" campaign aims to enhance employee autonomy and participation.
Future Objectives: By 2030, JCDecaux aims to reduce the accident frequency rate by 25% compared to 2019.
Recruitment and Departure Rates: The document provides data on recruitment and departure rates by region from 2019 to 2021.
Employee Development: JCDecaux focuses on employee well-being and development through local initiatives.
Training and Career Management: Training is crucial for JCDecaux's success, with a focus on digital transformation and operational excellence.
Internal Mobility: JCDecaux promotes internal mobility through the "Ready to Move" platform.
Sustainability Commitment: Employee commitment to sustainability is vital for achieving the Group's objectives.
Diversity and Inclusion: JCDecaux values diversity as a driver of performance and innovation.
Economic Empowerment and Diversity Initiatives: JCDecaux is committed to promoting economic empowerment for disadvantaged ethnic minorities.
Integration of People with Disabilities: JCDecaux promotes non-discriminatory employment for people with disabilities.
Gender Equality: Women make up 33% of JCDecaux's workforce, with efforts to improve gender balance.
Ethical Conduct and Anti-Corruption: JCDecaux emphasizes ethical business practices and anti-corruption measures.
Conclusion: JCDecaux's sustainability report highlights its commitment to diversity, inclusion, gender equality, and ethical business practices.
Whistleblowing System: JCDecaux has modernized its whistleblowing system, accessible via intranet and extranet since 2018.
Risk Mapping: The Internal Audit Department annually prepares a risk mapping process focusing on anti-corruption regulations.
Supplier and Intermediary Assessment: Procedures for evaluating first-tier suppliers are in place.
Accounting Controls: Rigorous accounting controls are conducted to prevent corruption.
Business Ethics: JCDecaux adheres to responsible lobbying practices and conducts thorough investigations in high-corruption countries.
Supplier Code of Conduct: Updated in 2018 and 2021, the Code outlines expectations for suppliers on social, ethical, health, safety, and environmental topics.
Supplier Relationships: JCDecaux prioritizes long-term relationships with suppliers, focusing on regional and local procurement.
Training and Evaluation: A training program on sustainability in purchasing is mandatory for buyers.
Data Protection: JCDecaux ensures compliance with GDPR, with a dedicated steering committee and Data Protection Officers appointed for French entities.
Data Protection and GDPR Compliance: The document outlines the role of the Data Protection Officer (DPO) at JCDecaux.
Objectives and Action Plan: By 2030, JCDecaux aims for 100% of new connected European employees to complete GDPR training annually.
Vigilance Approach: The JCDecaux Group has implemented a vigilance approach involving governance bodies and dedicated structures.
2022 Vigilance Plan: The 2022 Vigilance Plan builds on achievements from 2021.
Tools and Resources: The Vigilance Committee, supported by specialised committees, oversees the vigilance programme.
Mitigating Risks & Preventing Serious Breaches: JCDecaux implements actions to mitigate risks identified in risk mapping and evaluations of subsidiaries, subcontractors, and suppliers.
Health & Safety: The Group Health & Safety Committee, led by the International Operations Department, met five times in 2021.
Environment: The Group Environment Committee, established in 2018, focuses on environmental priorities.
Whistleblowing Mechanism: Since 2018, a whistleblowing mechanism has been available to all employees.
Non-Financial Performance Statement: The report highlights the absence of a universally accepted framework for assessing non-financial information.
Entity's Responsibility: The Executive Board is responsible for selecting criteria for information preparation.
Independent Third Party's Responsibility: EY & Associés provides limited assurance on the compliance and fairness of the non-financial statement.
Social, Societal, and Environmental Responsibility: The report includes key performance indicators and qualitative actions in social, environmental, and societal domains.
Corporate Governance: JCDecaux operates with a dual board structure comprising an Executive Board and a Supervisory Board.
Executive Board Overview: The JCDecaux Executive Board is responsible for managing the company in accordance with legal and corporate guidelines.
Key Members and Roles: The Executive Board includes key members with defined roles and responsibilities.
Board Operations: The Executive Board operates without internal rules of procedure but uses a digital governance platform for meeting documentation.
Offices and Positions: Board members hold various positions within JCDecaux subsidiaries and other companies.
Executive Board Activities: The Executive Board focused on several key areas including business performance, financial outlook, and internal or external growth projects.
Supervisory Board Composition: As of December 31, 2021, the Supervisory Board consisted of 12 members, including representatives for employees.
Independence Criteria: The Board applies AFEP-MEDEF criteria to assess member independence.
Training and Diversity: New members receive comprehensive training on the company and its operations.
Diversity Policy and Governance: The Board aims for a balanced composition, marked independence, and diverse expertise.
Supervisory Board Composition and Independence: The JCDecaux Supervisory Board, as of December 31, 2021, consisted of ten members, with five being independent.
Diversity and Expertise: The board members bring diverse expertise, including internal company knowledge and experience in public sector, financial markets, and media.
Gender Representation: As of the end of 2021, the board had a 40% female representation.
Implementation and Review: The Compensation and Nominating Committee annually reviews the board's composition to maintain diversity and independence.
Achievements and Challenges: Despite one member losing independent status in 2021, the board maintained its independence and effectiveness.
Key Members and Roles: The document provides detailed information about the roles, responsibilities, and activities of various members of the Supervisory Board of JCDecaux.
Supervisory Board Operations: The board supervises the company's strategy and management, meeting at least four times a year.
Committees and Responsibilities: The Audit Committee, Compensation and Nominating Committee, and Ethics Committee play crucial roles in governance.
Supervisory Board Overview: The Supervisory Board of JCDecaux held four meetings in 2021, with a 100% attendance rate.
Assessment of the Supervisory Board: In line with the AFEP-MEDEF Code, the Board annually assesses its composition and functioning.
Attendance Rate of Board Members: All members of the Supervisory Board attended meetings at a 100% rate.
The Committees: The Audit Committee, Compensation and Nominating Committee, and Ethics Committee oversee various aspects of the company's operations and strategy.
Ethics Committee Operations: The Ethics Committee is responsible for monitoring compliance with the Group Code of Ethics.
Board and Committee Composition Changes: In 2021, there were several changes in the composition of the Supervisory Board and its committees.
Gender Diversity Initiatives: The company has implemented a Gender Balance Plan to increase female representation in executive roles.
Ethics and Conflicts of Interest: The Supervisory Board has measures to prevent conflicts of interest.
Risk Management Policy: The Group conducts annual risk mapping to identify and manage risks.
Identified Risk Factors: The Group faces various risks, categorized into corruption, compliance, strategic, financial, operational, and hazard risks.
Overview: The document outlines the risk management strategies and challenges faced by JCDecaux, particularly in the context of the COVID-19 pandemic.
1. Risk Categories: The document categorizes risks into several types, including corruption, compliance, strategic, financial, and operational risks.
2. COVID-19 Impact: The pandemic has introduced several challenges, including economic downturns, operational restrictions, and human resource issues.
3. Risk Management Strategies: JCDecaux's comprehensive risk management policy addresses various challenges through ethical conduct, compliance with international standards, and robust IT security measures.
4. Conclusion: JCDecaux's proactive approach helps mitigate risks and maintain its market reputation.
Risk Management and IT Security: JCDecaux prioritizes securing its network, computer systems, and data due to increasing digitization.
Operating Risks & HR: The Group identifies risks related to advertising space sales, bill-posting, cleaning, and maintenance activities.
Exogenous Risks: These include natural disasters and external social, political, or epidemiological factors.
Insurance and Risk Coverage: JCDecaux uses worldwide insurance policies to cover essential risks.
Internal Control and Risk Management: The internal control system aims to ensure compliance with laws, regulations, and best practices.
General Organisation and Internal Control System Procedures: The control environment involves various departments, including Internal Audit, Legal, and Financial Services.
Delegation and Contract Procedures: The Group's structure is based on operational subsidiaries, with a system of delegating specific powers.
Overview: The document outlines JCDecaux SA's financial and accounting processes, aimed at providing essential information for management, statutory accounting consolidation, business management, and financial communications.
Budget Cycle: The budget is prepared in autumn, covering forecasts for the current fiscal year and the budget for the following year.
Reporting Cycle: Reporting occurs at specific intervals throughout the year.
Consolidation Cycle: Consolidated financial statements are prepared with the same frequency as reporting and disclosed to the market bi-annually.
Financial Management: The Corporate Finance and Administration Department oversees these cycles.
Financial Information Management: Only authorized individuals can communicate financial information to the market.
Tax Policy: JCDecaux ensures compliance with tax regulations, paying taxes where value is created.