Commitments

Several times a year, Safran takes part in surveys organized by various bodies and engages in discussion with non-financial ratings agencies. These set out to assess the performance of companies against environmental, social and governance (ESG) criteria. These discussions and surveys are extremely exacting and are designed to assess the relevance of the corporate strategy, the various initiatives that the company implements, and their results.

CDP

CDP is an international not-for-profit organization that conducts annual surveys for companies on climate change (CDP Climate Change), water resource management (CDP Water), and companies’ impact on forests (CDP Forests). In 2021, the Group earned a B rating (“management” level) for climate change for its concerted efforts on climate-related issues.

V.E from Moody’s ESG (formerly Vigeo Eiris)

Moody's ESG (formerly Vigeo Eiris), a subsidiary of Moody's Corporation, uses environmental, societal engagement, business ethics, human rights, human resources, and governance criteria to determine CSR performance ratings for the companies it evaluates. According to the 2022 Moody's ESG analysis, Safran's CSR performance places the Group in first place out of the 46 companies evaluated from around the world in the Aerospace & Defense sector. Safran is 108th out of the 4,882 companies assessed using Moody’s ESG. The Group’s rating is 64/100, up 2 points compared to the previous rating.

MSCI

MSCI ESG Research rates companies’ non-financial performance on a scale of AAA to CCC (AAA being the highest score one can achieve) based on exposure to ESG risks and the way in which they manage these risks. Since August 2021, Safran has been rated as BBB, which is above the average for companies in the aerospace & defense sector.

Sustainalytics

Sustainalytics is a non-financial rating agency that assesses companies’ ESG risk levels. The lowest rating corresponds to the best non-financial performance. Safran ranks second in the “A&D - Aeronautics & Defense” category with a score of 22.9 (average risk).

EcoVadis

EcoVadis offers companies a platform for assessing the CSR performance of their suppliers. Safran completes this questionnaire at the request of its clients. The score is calculated based on 21 criteria in four major thematic areas: the environment, social issues, business ethics, and responsible sourcing. In 2022, Safran filled out this questionnaire for the first time and obtained an overall score of 56/100. This score places Safran 8 points above the average score for companies EcoVadis has evaluated in the aerospace & related equipment construction sector.