Mercialys SA | Opinion on the Company’s ambition to fight climate change at Mercialys

Status
Voted
AGM date
Previous AGM date
Proposal number
19
Resolution details
Company ticker
MERY
Submitted by
-
Resolution ask
Other ask
ESG theme
  • Environment
ESG sub-theme
  • Climate change
Type of vote
Other management proposal or proxy item
Filer type
Management
Company sector
Real Estate
Company HQ country
France
Resolved clause
The Board of Directors of Mercialys wants the General Meeting of shareholders to vote in favor of the areas and objectives relating to the fight against climate change. The progress of the ten-year strategy to combat climate change will be resubmitted to the General Meeting of shareholders to be held in 2026. If this resolution is not adopted, the Company will make its best efforts to establish a dialogue with shareholders who have voted against the strategy in question and will analyze the need to put in place measures to obtain better shareholder support
Supporting statement
As the transparency of the implementation of the CSR policy is decisive in maintaining a relationship of trust between the
company and the various stakeholders, all the actions carried out and the associated key indicators are detailed annually in the
Statement of Non-Financial Performance (DPEF) audited by an independent third party, even if Mercialys is not subject to this
bond, included in the chapter on Corporate Social Responsibility of the Universal Registration Document. In addition to the
indicators and associated objectives, the Company also details in this chapter the risks and opportunities linked to climate
change as well as the associated governance, in accordance with all the recommendations of the Task Force on
Climate-related Financial Disclosures (TCFD). It should also be noted that the variable annual compensation of the Chief
Executive Officer and the Deputy Chief Executive Officer, but also of all employees, includes the CSR performance dimension
of Mercialys.
Aware of the impact of the real estate sector on the environment but also convinced of the role that a retail real estate
company can play in favor of the socio-ecological transition of the regions, Mercialys unveiled its new CSR ambition in 2021 by
2030, “4 Fair Impacts for 2030”. Corporate governance has been structured to identify risks and opportunities related to CSR
issues, and to determine the strategic plan and its implementation.
The ten-year plan is structured around four major commitments (each with quantifiable objectives), the first of which
specifically addresses the fight against climate change:
1. contribute to carbon neutrality;
2. promote more responsible trade;
3. to be a true regional development partner;
4. to be an involved employer.

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