Investor Presentaiton
TAKING INTO ACCOUNT STAKEHOLDER EXPECTATIONS
CREATING SHARED VALUE
For Saint-Gobain, sustainable growth can only be achieved by taking into
account the interests of all its stakeholders. It is therefore a question of
pursuing a development trajectory that incorporates the Group's objectives
in terms of financial performance and shareholder value, as well as its
corporate social responsibility (CSR).
CSR, A CROSS-CUTTING PRIORITY
For Saint-Gobain, CSR is a long-term commitment; it is necessarily a central part
of its business model, which permeates all of its activities. The word "cross-cutting"
refers to the systematic inclusion of ESG (environmental, social and governance)
criteria in the analyses carried out, decisions made and actions implemented
throughout the organization.
The Group's CSR approach encompasses a twofold commitment: maximizing its
positive contribution to environmental (notably climate related), labor and societal
issues, and minimizing its footprint on humans and the environment.
This approach requires Saint-Gobain to work with all players in its ecosystem.
It also involves measuring and communicating in a transparent manner on its
objectives and the results obtained, through a series of performance indicators
(see p. 63).
PURSUING THE OBJECTIVE OF FINANCIAL PERFORMANCE
AND SHAREHOLDER VALUE, EFFICIENTLY ALLOCATING CAPITAL
True to its approach of promoting sustainable and profitable development,
Saint-Gobain has set itself the goal, as part of its "Grow & Impact" strategic plan,
of accelerating its growth and further improving its financial performance and
value creation for its shareholders. Notably, the Group has set itself annual average
financial targets for the 2021-2025 period, with organic growth of between 3%
and 5%, an operating margin of between 9% and 11%, and an attractive shareholder
return policy.
In terms of investments, Saint-Gobain is continuing its policy of strengthening
its industrial capacities in countries with the strongest market growth. This effort
represented more than €830 million in total in 2022, including more than €560
million outside Europe. The Group is also investing to achieve its long-term
objectives, and in particular to meet its commitment to contribute to carbon
neutrality by 2050, through a capital investment budget over several years to
support the reduction of its CO2 footprint.
Regarding its business portfolio, Saint-Gobain's scope continues to be reviewed on
a regular basis. This involves allocating the resources necessary to develop in markets
with potential for growth and taking the necessary measures, on an ongoing basis,
to restructure, optimize or sell activities that are performing poorly. In 2022,
the Group completed or signed 20 sale transactions amounting to €3.8 billion
in sales, as well as 44 acquisitions representing almost €1.9 billion in sales.
2022/2023 INTEGRATED ANNUAL REPORT SAINT-GOBAIN ⚫11View entire presentation