Sustainability is at the core of Dassault Systèmes’ corporate purpose to provide business and people with 3DEXPERIENCE universes to imagine sustainable innovations capable of harmonizing product, nature and life. As a leading technology company serving clients from all sectors of the economy, we have the power to catalyze radically more sustainable transformations in the processes that shape the physical world, through our virtual universes.
Our Sustainability Compass guides us, while our governance processes maintain a high level of accountability within our organization on the topic of Sustainability.
In order to achieve our sustainable innovation goals, we have also developed a refined understanding of our materiality risks.
Sustainability issues are core to Dassault Systèmes’ strategy and are managed at the highest level of corporate governance.
At the Board of Directors level: Dassault Systèmes has designated a lead Director responsible for Sustainability responsible for annual oversight of the topic. Sustainability criteria have also been integrated into the variable remuneration scheme of the Vice-Chairman and CEO.
At the Executive Committee level: the company’s Executive Vice President for Industry, Marketing, and Sustainability is responsible for ensuring the seamless integration of Sustainability within all key strategic decisions of the company.
The company’s Chief Sustainability Officer is responsible for the definition and implementation of our Sustainability strategy, and is the Secretary of the company’s Sustainability Committee. The Sustainability Committee brings together the leaders of all key business functions on a quarterly basis, to discuss progress on transversal issues.
On an operational level: the central Sustainability team coordinates a community of sustainability contacts across business functions, geographies, brands, and industries. The Environmental Management teams ensure follow-up and feedback on environmental footprint reporting and action plans.
Identifying and mapping Dassault Systèmes’ key Sustainability issues is the point of departure of our Sustainability strategy. To conduct this mapping, we rely on internal input and also external expertise, notably the framework provided by the Sustainability Accounting Standards Board (SASB).
The SASB Materiality Map highlights the most material Environmental, Social, and Governance (ESG) issues for the sector. These are presented in the table below.
Following a detailed review with internal stakeholders, these issues are indeed considered as material not only for the sector broadly but also for Dassault Systèmes, and as such are addressed in more detail in the Chapters 1 and 2 of our Annual Report.
One of the most critical risks identified by both SASB and our internal stakeholders is the management of energy consumption and its related impact on the climate. This risk is reviewed regularly as part of the Sustainability updates provided both to the Sustainability Committee, group Executive Committee, and the Board of Directors via the dedicated Sustainability lead.
Consult Chapter 2 of our Annual Report for a detailed assessment of these material risks and opportunities.
Our Sustainability Compass guides us in everything we do, from how we measure and manage our impact, to how we interact with our stakeholders. It relies on three key pillars:
We strive to “walk the talk” and embed sustainability in everything we do.
We focus not only on providing the tools, but also the inspiration for our customers to innovate sustainably.
We aim to work in partnership with customers, employees, and other stakeholders.
To this end, we have developed key metrics and strategic goals for the 2021-2025 period and beyond. These will be announced in H1 2021