Sustainable development report 2014

• II

An originAl development model, relevAnt to the entire sector

• 1

summary

Editorial 2

Avril group: profile 4

Avril group: sustainable development strategy 6

Our cOmmitmentsDeveloping national sectors 8

Better food for humans 14

Preserving the planet 20

Working together 26

Sofiprotéol: sustainable investments in the oils and proteins sectors 30

A sustainable development network serving our commitment 34

Table of performance indicators 36

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editorial

The development of our Group is based on a territorial and collective project in the service of «France’s Farm». It is expressed through our mission, which is to create value in the oils and proteins sectors, and thereby contribute to improved nutrition for people and the preservation of the planet.

In line with our ‘raison d’être’, in 2012 we started a process to set out our vision and our commitment to sustainable development. This step was part of our overall strategic plan, ‘CAP 2018’, and has allowed us to better monitor our actions and their economic, social, environmental and societal impacts. Five commitments were defined the following year and broken down into 13 quantitative targets. These are the five commitments that shape this fourth sustainability report.

The year 2014 has enabled work on the adaptation and appropriation of these

commitments within our Group, our factories and our professions.

It marks an important step in implementing our sustainable development policy, and highlights the encouraging progress, which we will follow throughout the roll-out of our commitments, in a spirit of continuous improvement.

We approach this progress with humility, and we welcome the mobilisation of women and men in Avril, who contribute every day to expand and fulfil our commitments. Thanks to them, the results are significant and demonstrate the performance of the actions undertaken. Importantly, these results are true to the image of Avril - its unique model in the food and agro-industrial landscape, its mission of public interest, its agricultural foundations and strong local presence.

A major thrust of industrial and economic performance, sustainable development is part of the Avril group’s

valorisation strategy. the deployment of the commitments defined in 2013 rests on actions managed transversally and

rolled out across Avril’s activities and professions.

A yeAr under the bAnner of employee mobilisAtion

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Jean-Philippe Puig

At the current time when our Group is reaffirming its values by establishing a new identity and new governance, our sustainable development commitments respond clearly to the future challenges of our territories and our stakeholders. This is the reason for our participation this year, as one of the founding partners, in the Solutions COP21 scheme and, more specifically, its «Better food» working group which we will jointly manage.

Our 8,200 employees are the first craftsmen for the solutions of tomorrow, and we wish to thank them.

michel Boucly

michel Boucly DCEO of the Avril group, VCEO of Sofiprotéol

Jean-Philippe Puig Manager of the Avril SCA, CEO of Sofiprotéol

Kristell Guizouarn, Director of Sustainable Development, Avril group

This year Avril has recorded encouraging progress, illustrating the Group’s mission in action, but also and especially the mobilisation of all employees.The Group’s contribution to the development of the oils and proteins sectors is testimony to this- in France, but also in Morocco, Romania and sub-Saharan Africa. The proportion of domestically produced oilseeds processed in our factories has increased and with it that of the local raw materials used to feed farm animals. At the other end of the value chain: the Group contributes a little more each day to the food needs of the planet in oils and proteins, while taking into account the challenges of sustainable production. It is the same for the funding and development of the Group: in 2014, Sofiprotéol has helped more than 100 companies of all sizes, representing 80,000 jobs in a wide variety of sectors.

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Avril is the industriAl And finAnciAl plAyer in the oils And proteins sectors. for 30 yeArs, its mission hAs been to develop All resources with one Ambition: to build efficient sectors for the benefit of All stAkeholders.

A group organised by business sector

billion euros turnover

6.5

8,200 employees worldwide

Avril, two divisions serving an organisation by sectorThe mission of the Avril group is to create sustainable value chains in the oils and proteins sectors, and thus contribute to better food for people and the preservation of the planet. The Group is structured around two divisions which rely on partners who all play a vital role in the industry: breeders, farmers, researchers...The Oilseeds Division includes the activities of processing rapeseed and sunflower. It produces edible oils and sauces, renewable energy through biodiesel, under the Diester brand, and components from oleochemicals.

The Animal Products Division is divided into three speciality areas: animal nutrition and production, biosafety and nutritional specialties, and food products destined for human consumption.

sofiprotéol, the finance and development company of the Avril groupA subsidiary of the Avril group, Sofiprotéol is dedicated to the financing of companies in the agricultural and agrifood sectors. It thus contributes to the structuring and development of strong national business sectors by building sustainable partnerships and encouraging innovation and entrepreneurship.

since January 2015, Avril relies on new governance, a new organisation and a new identity.the legal and financial form of the Group has evolved towards a limited stock partnership, led by a limited partnership. it enables greater differentiation between the industrial activities and those of the financing and development company, which retains the name of sofiprotéol.the objective is to consolidate the Group’s mission: to develop the oils and proteins sectors and more effectively meet their future challenges, both in France and abroad.

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Avril: a group at the service of the oils and proteins sectors

AVRIl GROuP i PrOFiLe

AGricuLturAL PrODucers

cOLLectiOn OF OiLseeDs AnD PrOtein GrAins

seeDs, PLAnt HeALtH PrODucts, BiOtecHnOLOGies, OtHer inPuts AnD

serVices

PrOteins

LiVestOcK FArmers

miLK, meAtPOuLtrY eGGs PrOcesseD FOOD

crusHinG OiL

FOODAnimAL nutritiOn

Genetics AnD AnimAL HeALtH

reneWABLe cHemistrY

reneWABLe enerGies

sofiprotéol** finance and development company of the Avril group

Avril / sofiprotéol Farmers

• 6

How does sustainable development fit in with Avril?KG : The commitment to sustainable development is supported by the Avril mission. It is at the heart of its history and its agricultural origins. This is what makes its strength and specificity. With the creation of Avril, our ambition is to continue expanding our industries in the local territories, on behalf of their stakeholders, while limiting our environmental impact. The commitments and goals that we have set are the direct result of this ambition.

How does the Group structure this commitment? KG : The Group’s commitment is based on a dedicated organisation consisting of a Sustainable Development Management Team and, in the subsidiaries and transverse functions, correspondents responsible for expanding and deploying the guidelines that have been laid down. In 2013, we wanted to set a course and give the Group a framework, a fundamental base shared by all its entities. Five commitments and 13 objectives were formalised, based on the Avril strategy and integrating the specificities of its business and its organisation by sector. Thus, beyond the efforts made to reduce the Group’s energy consumption, strong commitments were made to increase the share of renewable energy in our consumption by developing the use of biomass. To build and extend this common foundation, we have integrated the actions and initiatives for improvement already implemented in the Divisions, with the aim of sharing them whenever it makes sense to do so. The goal: to develop a dynamic of continuous improvement by sharing best practices

and initiatives, means and resources, thereby encouraging the setting of even more ambitious goals.

What do you remember from 2014? KG : This has been a year of sharing and disseminating our commitment in the field. The trajectory given by the Group, and the growing expectations of customers and stakeholders regarding sustainable development has strengthened the mobilisation in the field. Our activities and professions have established organisations intended to implement, sustain and enrich the orientations driven by their specific needs. At the same time, the transverse processes, led by various Management Teams for improving economic and operating performance, have increased in power, actively contributing to serve the strategic goals of sustainable development. Over the year, the results are in line with the objectives, which reflects the momentum which has been built up.

What are your priorities for 2015? KG : After sharing the approach, priority will focus on its deployment and its development. Our mission will be to support the business and help concretely translate the Group’s commitments as closely as possible to their reality in the field. This is one of the key conditions for success. Belonging to the Avril group will simplify the process and improve the visibility of the actions being undertaken. And to go further, we will also focus our efforts on new levers for improvement, such as the formalisation of a sustainable procurement policy.

sustainable development is one of the drivers of growth and sustainability for Avril, at the very heart of its strategy. its translation into five commitments and 13 objectives has

accelerated its spread, through transversal processes.

shared commitments and objectives

• 7 • 7

AVRIl GROuP i strAteGY

“ Our strong point is the link with the agricultural world: we have the ability to act and implement substantive procedures, from upstream to downstream. We also have an efficient industrial park, which enables us to efficiently increase our sustainable development policy, in line with our economic and operational performance goals. ”

Kristell GuizouarnDirector of Sustainable Development

5SD commitments included in the Group’s global strategy ‘CAP 2018’

13quantitative SD objectives integrated into ‘CAP 2018’

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Developing national sectors

> supply industrial facilities in the animal nutrition industry with over 80% French raw materials

> Valorise 60% of French oil seed production in Avril’s industrial facilities (20% of Romanian production in industrial facilities in Romania, 35% of Senegalese production)

Romania FranceSenegal100%

100%

Target 29%, 70% and 87% achieved

Target 99% achieved

SD OBJECTIVES CAP 2018

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Value creation from agricultural upstream to industrial downstream

14%of Romanian oilseed harvests are transformed in the Group’s Romanian industrial facilities

10%of Senegalese oilseed harvests are transformed in the Group’s Senegalese industrial facilities

79.7% of animal nutrition raw materials are of French origin

ensuring the growth of local products The vocation of Avril is to transform and valorise agricultural raw materials, from rapeseed and sunflower, to meet the challenges of France’s independence in protein.Over the last thirty years, Avril has developed a real business sector strategy, reinvesting its profits to benefit their growth and competitiveness.This specific model creates value, from upstream to downstream: primarily, it energises the local territories ensuring the sustainability of jobs.Today, Avril provides opportunities to almost 100,000 rapeseed / sunflower

producers and 27,000 livestock farmers, and contributes to support 80,000 jobs, through Sofiprotéol. In addition, it guarantees the traceability and health and nutritional quality of products, to the benefit of consumers. Finally, it allows the initiation, alongside partners and all links in the chain, of sustainable innovation approaches, proof of shared progress, at both environmental and nutritional levels.To highlight its commitments, Avril has associated itself with the sector brand ‘Terres OléoPro’. launched at the 2014 Paris International Agricultural Show, this new brand aims to promote to consumers «French Production».

deployed in close connection with the agricultural world, the group’s model has a strong commitment to a sustainable green economy for the benefit of all its stakeholders. this is achieved by supporting the development of national industries, sources of growth, employment and vitality in the local territories.

52%of French oilseed harvests are transformed in the Group’s French industrial facilities

For more information about Avril’s commitment to Developing national sectors please consult www.groupeavril.com/en/sustainable-development

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Oilseeds Division: securing the existing sectorsIn France, the model of growth by sector is firmly established, as evidenced by the results in 2014: in the Saipol and lesieur industrial facilities, Avril valorised over 50% of domestic oil seed production. To sustain this model, the Group pursued its strategy of joint development of agricultural resources and national outlets. In this spirit, ‘Cœur de Tournesol’, a 100% French oil, was launched by lesieur in 2011. Moreover, Avril is a major player in biofuels and oleochemicals which, after food, are the natural outlets for rapeseed oil.A pioneer in this area, the Group continued its work on 2nd generation biodiesel and its developments in plant-based chemicals (lubricants or sealing materials) that have significant technological and environmental benefits.Another key to strengthening the industry: the international market. Avril has sought to transpose its model abroad: in Romania for sunflower, in Morocco for olive (see testimony below)

and, starting from this year, rapeseed and sunflower, as well as Senegal for peanuts. Meanwhile, the Group is investing in the future of sectors by focusing on innovation. Thus, under the shared platform IMPROVE *, the result of a public-private partnership, Avril is piloting research programs devoted to the development of plant proteins, in particular for food. Its first work, carried out within the framework of the Avalon program, earned it an award at the ‘World Innovation Competition 2030’.Avril is also a partner of the Institute for Energy Transition P.I.V.E.R.T **, a centre of innovation and experimentation unique in Europe, which will be inaugurated in Picardy in 2015. Bringing together almost 150 researchers, this establishment aims to boost plant-based chemistry, while accelerating the industrialisation of innovations.52 research projects have been the subject of a call for projects and 10 patents were filed in 2014.

* Institut Mutualisé pour les PROtéines VEgétales** Picardie Innovations Végétales, Enseignements et Recherches Technologiques

POINT OF

VIEW

We operate 1,100 hectares of olive trees on three sites, and assist local farmers to improve the quality of their crops by the implementation of sustainable agriculture. Concretely, we organise training courses on pruning trees, phytosanitary treatment and drip irrigation. On our domain in El Kelaâ des Sraghna, near Marrakesh, we have an olive crushing unit.This is very environmentally efficient, with the transformation of the pomace in a biomass boiler, the installation of a water retention basin, and the systematic recycling of organic waste into fertiliser, etc. It is also efficient in terms of production: from 1,500 tonnes in 2013, we increased to 6,000 this year and our ambition is to reach 10,000 tonnes in 2015.This sector approach is necessary to ensure the quality of our production. It also creates jobs: our employees were all recruited locally.”

Abdelali ZazDeputy Director of Olive Sector, lesieur Cristal

“We are contributing to the development of the olive sector, driven by the green morocco plan.

27,000partner breeders, clients and/or suppliers

supporting

oilseed producers100,000supplying outlets for

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OuR COMMITMEnT i DeVeLOPinG nAtiOnAL sectOrs

Animal Products Division: strengthening the sector strategyWhenever possible, the Animal Products Division supplies its industrial sites with French raw materials, in an effort to ensure their nutritional and sanitary quality.The proportion valorised in Avril animal nutrition facilities amounted to 79.7% in 2014. This is in line with the Group’s objectives, despite a slight decrease compared to 2013, particularly related to commodity prices.In this area, progress levers reside in the structuring of national networks of excellence, able to create value for «France’s Farm», consolidating all links and securing opportunities. In this perspective, the Animal Products Division has supported the implementation of a soybean sector labelled «Origine France»

which will be launched in 2015. The Division was also the first French player to be a member of the international animal nutrition group RTRS (Round Table on Responsible Soy), which brings together the responsible soy producers.This contribution was concretised in 2014 through the purchase of its first certificates for sustainable soy.Finally, the Group has forged strategic partnerships to bring out leaders in all links of the chain. After becoming the majority shareholder of Matines in 2013, in contrast, in 2014 it sold its poultry business to lDC, forging an alliance to become its main breeding supplier. This «win/win» partnership allows Sanders to consolidate its animal nutrition business.

uniting its resources to strengthen the animal sectorssince 2013, sanders and euralis, two companies specialised in animal nutrition, have created a joint venture in the south-West. this partnership offers two advantages: it provides better local service to farmers by sharing technologies, by optimisation of logistics costs and by the regional supply of raw materials. more broadly, it allows, in a difficult economic climate, the strengthening and revitalising of the livestock sector in the region, bringing complementary skills and ensuring opportunities for rapeseed and sunflower meal.

80,000jobs sustained by Sofiprotéol’s investments

For more information about Avril’s commitment to Developing national sectors please consult www.groupeavril.com/en/sustainable-development

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2.1million tonnes of biodiesel produced

3.2million tonnes of animal feedstuff produced

Avril has made the creation of value in the territories one of the pillars of its action.A dynamic source of progress for all industry players.

540,000tonnes of bio-sourced products in oleochemistry

• 13 For more information about Avril’s commitment to Developing national sectors please consult www.groupeavril.com/en/sustainable-development

OuR COMMITMEnT i DeVeLOPinG nAtiOnAL sectOrs

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Better food for humans

> contribute to meet the annual protein needs of 30 million people

> meet the annual oil needs of 90 million people100%

Target 82% achieved

100%

Target 97% achieved

SD OBJECTIVES CAP 2018

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Feeding the planet: Avril’s number one objective

29 million people whose protein needs are met by the Group

supporting global demandIn 2014, Avril estimates that it met the oil needs of 75 million people (an increase of 25% in the space of one year), and protein requirements of 29 million people, close to the target goal of 30 million. In 2030, although oil supply is deemed to be sufficient, the demand for protein will become a major challenge because of the growth in global consumption (see Focus p. 18-19).The Group has made this issue one of its strategic priorities. In this perspective, it has supported the development of agricultural resources in the sector: increase in surface area, yield optimisation, performance development of breeding farms, particularly characterised by adaptation to the food needs of animals, an area in which the Animal Products Division is at the cutting edge.For this the Group relies on two research centres, Cetiom for the Oilseeds Division, and the Sourches Research and Innovation Farm for the Animal Products Division, which devotes 20% of its budget to production sustainability.Avril has also accelerated its research programs, primarily targeting two areas: the valorisation of plant protein as an alternative to animal protein and the transformation of oil, as a co-product of oilseed meal, in the biodiesel and oleochemical sectors.

Producing more… but also producing betterAvril promotes organisation by sector, firmly rooted in the local territory, and encourages good environmental practices. This model ensures superior production traceability and nutritional quality in the market.This is the case for ‘Fleur de Colza’ and ‘Cœur de Tournesol’ oils, and the pork and egg products under the label ‘Bleu-Blanc-Cœur’, which are naturally enriched in omega 3 and 9. Avril has also become very involved in the field of nutrition. In 2010, lesieur was one of the first manufacturers to sign a charter of voluntary commitments to nutritional

Avril plays a major role in human foodstuffs, thanks to its oils and proteins production sectors (animal products and animal nutrition). the group has set itself ambitious targets to meet the food needs of the planet, in the context of sustainable production.

75 million people whose oil needs are met by the Group

For more information about Avril’s commitment to Better Food for Humans please consult www.groupeavril.com/en/sustainable-development

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improvement that addresses the nutritional composition of products, and the information provided to the consumer. This approach has resulted in a decrease of 15 to 30% in the salt content in more than three quarters of sauces, and a commitment to limit the saturated fatty acid content to less than 10% in the Frial range of oils. Still on the subject of nutrition, lesieur has renewed its ‘Cuisine Pop’ulaire’ tour, an event which has raised the awareness 12,000 consumers to the benefits of vegetable oils thanks to the presence of a dietician. The Animal Products Division also pays careful attention to improving the nutritional and organoleptic quality of its products.Thus, Matines has developed a superior quality egg, and Ovoteam offers products tailored to the health of the consumer (unsalted omelettes...). For all Group businesses, food safety and traceability are the key to quality: all its sites with food outlets are certified (IFS and ISO 22000), and innovations are implemented regularly to strengthen the performance of the industry. Several years ago, Sanders launched a management application for each branch (Rabbit, Eggs...).

It connects all stakeholders in the sector concerned for perfectly traceable monitoring of production.

A priority: the valorisation of materialAt each stage of the sector, Avril has developed know-how and innovative processes to valorise the material and involve partners in its endeavours. upstream, Cetiom advises farmers on harvesting dates and the equipment to be used to optimise yields.later in the chain, the Group makes every effort to recycle co-products and by-products from processed products, whether of plant or animal origin: for example, in animal nutrition, Adonial has valorised 62,000 tonnes of output gaps and co-products from the food industry.Downstream, Avril has a proactive policy to avoid food waste in all its forms, like lesieur, who piloted eco-design processes in its products and packaging (bottle tops, extension of optimum expiry date indicated on the bottle) and improved information for its consumers. Avril is also involved with associations. A partner of Food Banks, the Group delivered almost 5.4 tonnes of products throughout the year.

1.3billion litres of food oil produced

3billion eggs produced by the Group

417,000 tonnes of animal products produced by the Group (pork, poultry, eggs and processed products)

Animal welfare, a growing concernin 2012, the Animal Products Division initiated a process of «sustainable health management». it is working on both nutrition and breeding conditions, with the challenge of protecting animals from health risks.in particular, it led research into the development of natural supplements and essential oils to improve digestive comfort, in partnership with the company mixscience. the Animal Products Division is actively working on issues of animal welfare in the form of inter-sector working groups, to identify areas for improvement.externally, the division’s quality managers are participating in a dedicated committee composed of industrialists, nGOs, clients and consumer associations, whose first task will be to focus on developing a benchmark to assess animal welfare.

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OuR COMMITMEnT i Better FOOD FOr HumAns

POINT OF

VIEW

“highly involved in csr since its inception, We have contributed to the Working group of the ‘national association of food industries’ (ania) devoted to food Waste.Since October 2014, we have participated directly in the steering committee against food waste, which was implemented by Guillaume Garot, as part of a parliamentary mission. France has set a target to reduce food waste by 50% by 2025. The mission will allow the presentation of concrete solutions, based on best practices and areas for improvement proposed by the different players in the food chain. Internally, we also train our employees and, in 2015, we will issue a charter to involve people in our anti-waste commitments.”

Anne moreauDigital communication and CSR strategy manager, lesieur

For more information about Avril’s commitment to Better Food for Humans please consult www.groupeavril.com/en/sustainable-development

During the national collection, 237 employees from 23 sites mobilised to collect nearly 60 tonnes of food. Avril intends to increase this commitment to the community, which is rooted in its history. The Group has initiated the creation of the Avril Foundation, recognised as being of public interest, which involves a triple mission: in France, to contribute to the common development and revitalisation of the countryside; in the South, to protect biodiversity and anticipate the impact of climate change on family farms; and finally, to promote healthy and sustainable supplies accessible to everyone.

the growing demand for protein is a major challenge for the planet. to assess future needs, the bipe, a strategy consulting firm, conducted a global study and drew on Avril’s expertise. this study aims to determine the ability of the oilseed sectors to meet the global demands in oils and proteins by 2030. this work integrates future developments over this period: demography, diets, agricultural land management, developments in chemistry and renewable energy.

Vegetable oil supply and demand with no constraints on demand (in millions of tonnes)

Demand (food, energy, chemistry) Supply

A strong increase in consumption of plant and animal proteinsConsumption will grow due to two factors: population growth (an additional billion and a half people by 2030) and the increase in living standards, mainly in China, sub-Saharan Africa and India, inducing a change of diet. The demand for vegetable oils will increase by 39%, and the demand for proteins by 40%, spread as follows: an increase of 43% in plant protein, mainly driven by sub-Saharan Africa and India, and of 33% in animal protein, driven by Chinese consumption.

The emerging countries, undergoing their first food transition, will be the number one consumers of meat. In this regard, the demand will increase by 30% and will be slowed down from 2020 due to the limitation in the supply of oilseed meal, before starting to rise again after 2030. The developed countries will begin their second dietary transition, marked by an increasing proportion of the consumption of plant proteins.

fOC

uS

Meeting plant protein needs, a key issue for 2030

53%growth in demand for plant proteins between 2010 and 2030

8.4

30%

billion people to be fed in 2030

increase in world demand for animal proteins by 2030

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250

200

150

100

50

300

2000 2010

- 1 Mt- 1%

+ 3 Mt+ 3%

+ 8 Mt+ 3%

2030

Demand Supply

Oilseed meal supply and demand with no constraints on demand (in millions of tonnes)

A contribution to energy transition and renewable chemistryA final observation, the vegetable oil supply will exceed the food demand. The surplus will be valorised in two ways:• global demand for biodiesel will increase all the more quickly as it will be driven by incorporation obligations in Asia, the Americas and Europe, reaching 46 million tonnes in 2030;• in oleochemicals, an area expected to experience an average increase of 4.4% a year in response to strong demand for innovative products synthesised from biomass in many sectors and industries.

Production that follows demandAccording to the study, the surface area of arable land will increase by 3.4% to 1,586 million hectares. It will decrease in north America and Europe, but will progress in latin America, sub-Saharan Africa and Asia, which have large land reserves. Yields will also be improved: in 2030, a cultivated hectare will feed an average of 5.3 people compared to 4.5 in 2010. In this perspective, the study highlights the performance potential of rapeseed and sunflower crops, whose growth is based much more on higher yields rather than on the area being cultivated.

Meeting plant protein needs, a key issue for 2030

OuR COMMITMEnT i Better FOOD FOr HumAns

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tHe mAin FinDinGs OF tHe stuDY

> By 2030, 90% of global demand for oils and oilseed meal will be for food purposes, and 10% well be related to energy and renewable chemistry.

> the supply of oils and proteins will be sufficient to meet the needs of the planet and its 8.4 billion inhabitants.

However, the increase in meat consumption will be constrained by the supply capacity of oilseed meal.

> the challenge is to develop the yields of agricultural production and crop area in the context of sustainable management of resources to respond to the changing global demand for protein.

400

300

200

100

500

2000 2010 2030

- 5 Mt- 3 %

+ 6 Mt+ 2 %

-58 Mt- 15 %

the study was carried out in 2014 by Avril and the BiPe, a strategy consulting company, based on reference data from the un, FAO, OecD, the international energy Agency (ieA) and Oil World.

to an adjustment of the demand for meat

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Preserving the planet

> Valorise more than 2 million tonnes of certified sustainable vegetable oils

> contribute to reducing by 30% the emission of greenhouse gases of the farmers involved*

* in the ‘Démarche de Progrès’ improvement initiative

> reduce the energy consumption of the Group by 10%

SD OBJECTIVES CAP 2018

100%

Target 10% achieved (in 2013)

100%

Target 30% achieved

100%

Target 90% achieved

100%

Target 86% achieved

> ensure that 30% of the Group’s energy consumption is provided by renewable energy

• 21

Proactive procedures starting with upstream agricultural activitiesAvril is committed to supporting its agricultural partners in improving their environmental record.In the Oilseeds Division, the Group is involved in the ‘Démarche de Progrès’ improvement initiative, co-led with the Cetiom, the technical centre of the sector. The goal: to involve all rapeseed producers in improving their agricultural practices, with the implementation of action plans to reconcile environmental and economic performance.In 2014, a communication campaign was implemented to strengthen the commitment in the field. The commitment of the storage agencies for the implementation of action plans remained strong in 2014 and covers nearly 90% of the seed volumes involved in the initiative: the use of DSTs* for nitrogen fertilisation and varieties of rapeseed less susceptible to the risk of frost, and the development of innovative practices have been particularly targeted. * Decision Support Tools

In the Animal Products Division, as part the ‘Économie Planète®’ initiative, the 27,000 breeder partners benefit from support to improve their environmental impact: livestock management, animal nutrition and building performance.

preserving the environment is also at the heart of the Avril’s mission and its commitment to the agricultural sectors. the group is deploying continuous and innovative approaches to improve its environmental footprint: lower energy consumption, renewable energy development and the fight against waste.

1.74million tonnes of certified sustainable oils used

For more information about Avril’s commitment to Preserving the planet please consult www.groupeavril.com/ en/sustainable-development

reduction in GHG emissions from farms in the ‘Démarche de Progrès’ initiative in 2013** 2014 data unavailable at time of publication

-3% 26.9%renewable energy used in the Group in 2014

Preserving the environment throughout the sector

-3%reduction in energy consumption in the group since 2012

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In this regard, the Division has been the source of innovative approaches, to limit emissions of greenhouse gases and conserve resources. At a very early stage, its expertise in animal nutrition led it to work on consumption indices which define the amount of raw material needed to produce one kilogram of animal growth.The research helped to optimise feed and to adjust it to the exact needs of the animals.

The result: for pork, the consumption index fell by 23% in the space of thirty years. In terms of energy, the Division has renewed its commitment to the «Grignon Positive Energy» program launched by AgroParisTech. The objective of this research project: to pilot processes on the environmental improvement of farms. With five experimental farms, Avril is now one of the partners of reference. 2014 also marks the Group’s commitment to responsible procurement (purchasing of soy for animal nutrition and palm oil for oleochemicals).

Already a member, via its subsidiary Feed Alliance, of the RTRS (Round Table on Responsible Soy), which develops a responsible soy sector, Avril initiated a think-tank to deploy progressive and voluntary procedures, adapted to performance issues. Progress plans, co-built with the relevant industries, will be implemented from 2015.

A sense of industrial ecologyAvril is deploying transverse steps to improve its environmental record. The Group has already reached 80% of its target for 2018 in terms of renewable energy use.In France, on all its sites, the Oilseeds Division launched an ISO 50001 certification procedure to provide them with an energy management system.In parallel, almost 30 million euros have been invested in the Oilseeds Division’s industrial facilities to increase renewable energy production, using local biomass.A sunflower hull boiler, under construction in the Saipol factory in Sète (Hérault), will come into operation in 2015, and a second pomace boiler was put into service on the lesieur Cristal site in Aïn Harrouda, in Morocco. Water treatment has also seen significant progress, including, for the Oilseeds Division, a decrease of 40% in organic pollution released into the natural environment.These improvements, which go far beyond the norms in force, are in particular related to investments in water treatment on lesieur’s industrial site in Coudekerque (nord).The Animal Products Division also conducted numerous initiatives in all its sectors on its consumption and discharge of water (see testimony p. 23).Continued on page 2492%

of recoverable waste valorised

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OuR COMMITMEnT i PreserVinG tHe PLAnet

For more information about Avril’s commitment to Preserving the planet please consult www.groupeavril.com/en/sustainable-development

9sites ISO 50001 certified at the end of 2014

POINT

OF VIEW

“We are Working on reducing consumption at every stage of our sectors, Working With breeders upstream, as Well as our industrial sites.The steps we have taken in the pork industry, which include improved cleaning techniques and awareness in the field, have allowed us to reduce water consumption by 12% in two years. For Poultry, Sanders has deployed Aquajust, a water diagnostic and consumption control tool intended for breeders, which can improve performance.On the site of Ovoteam (Egg branch), we have carried out important work to optimise flushing systems, the technique used to clean the pipes. In addition to a strong decrease of 32% in consumption, we lowered our BOD* rates.”* biochemical oxygen demand (organic pollution)

thomas Kerihuel, Sustainable development manager for the Animal Products Division

• 24

The valorisation of co-products and waste generated by the activities of the Divisions is also part of the Group’s priority issues, related to the idea of circular economy that the Group encourages.

This year, 94% of the waste from the Oilseeds Division and 81% of waste from the Animal Products Division was transformed into energy or recycled in various forms.

In this area, the Group relies on specialised subsidiaries: Adonial, which transforms output gaps in the food industry into animal nutrition, and Terrial, a subsidiary with expertise in the transformation of waste into energy and fertiliser through composting and methanation.

Terrial transformed half of the waste from the Oilseeds Division and over 80% of waste from the Animal Products Division.

Biofuels: the innovation continues Avril is a pioneer of biofuel activity, which allows it to valorise rapeseed oil and join the energy transition for green growth.A producer of 1st generation biofuels with Diester® biodiesel, the Group continued its work on advanced and second generation biofuels.This has been carried out through the BioTfuel research program, which aims to develop an industrial unit for processing materials from biomass (e.g. forest and agricultural residues such as straw). 2014 saw the actual start of the project, with the beginning of the construction of a pilot on the Avril site in Venette, Picardy. The Group also coordinates work as part of a partnership with the Toulouse White Biotechnology research centre that explores innovative biological tools (such as enzymes...). They have notably opened the way for the production of bio-based fuel for aircraft.

-40%reduction in organic pollution discharged into water by the Oilseeds Division factories since 2010

• 25

OuR COMMITMEnT i PreserVinG tHe PLAnet

For more information about Avril’s commitment to Preserving the planet please consult www.groupeavril.com/en/sustainable-development

Avril, a founding partner of solutions cOP21in order to share its commitment to sustainable development and in particular the climate, Avril wanted to become involved as a founding partner of solutions cOP21.in this context, the Group has assembled, with other partners, working groups on transversal themes («Better consumption», «Better mobility» ...).Avril was chosen to pilot, with carrefour, the «Better food» working group.in this perspective, it has asked BiPe, a strategy consulting firm, to conduct a study to identify key climate and food issues for 2030.this working group will provide the key elements to highlight the solutions and advances already deployed in the field.

www.climatesolutionsplatform.org

• 26

> reduce work accidents within the Group by 70%

> employ more than 6 % of disabled staff on each site

> Double the number of apprentices and interns in the Group’s companies

Workingtogether

100%

100%

100%

Target 63% achieved

Target 17% achieved

Target 75% achieved

SD OBJECTIVES CAP 2018

• 27

A working environment respectful of its employees

A shared culture of progressThe growth model used by Avril, based on an organisation by sector, has been built through listening and attention to others. This mind-set encourages exchange; it is a guarantee of continuous improvement: projects are carried out by employees and are intended to be shared. The managerial program «Feeding life», initiated by the Animal Products Division and extended from this year to the Oilseeds Division in France, embodies this dynamic. Backed by an internal challenge, «The Performance Challenges», and marked by a day of meetings and exchanges between managers, it helps accelerate the dissemination of best practices.Thus, in 2014, 102 projects were submitted, and 27 rewarded, on a variety of topics: health and safety, customer culture, environment...

A strong mobilisation on safetySince December 2012, Avril has been leading an ambitious safety policy based on the daily involvement of all employees. The goal: annually decrease accidents by 20% *.In the space of two years, the observed decrease was 44% is in line with the target. This positive result reflects the effectiveness of the actions put in place, which are focused on prevention in the area of work practices and gestures, the cause of 80% of accidents.

Field Safety Visits (FSV), special visits enabling managers and operators to discuss safety, are the keystone of this process. Their number has increased fivefold in one year, from 450 in 2013 to 2,200 in 2014. Moreover, industrial activities have continued to implement targeted measures. After an action plan on hands that has reduced the number of accidents by 55%, in late 2014 the Oilseeds Division initiated actions for better eye protection.Meanwhile, the Animal Products Division has focused on the safety performance of its industrial sites, with 11 sites audited in 2014.* Reduction in the number of work accidents with and without time

off per million hours worked

safety, health and welfare at work are among Avril’s priorities. to this end, the group is deploying innovative practices, in line with its core values: respect, Audacity, performance.

-44% reduction in the number of work accidents since 2012

17%of sites with over 6% of disabled workers in 2014

196apprentices and work-study students in the Group in 2014

For more information about Avril’s commitment on Working together please consult www.groupeavril.com/en/sustainable-development

• 28

In this context, the focus has been on awareness, with the deployment of an e-learning platform dedicated to safety and the growing power of the «3S Challenge» **, which can reward the best staff initiatives to improve health and safety at work: over 100 projects were submitted in 2014, compared to 75 in 2013.** Health and Safety Challenge

Health and well-being: a policy based on preventionHealth and well-being at work at the heart of the Avril group’s concerns. To fight against musculoskeletal disorders (MSDs) and occupational diseases, the Group has made prevention its first action lever.Significant investments have been made to optimise the layout of workstations and the use of external experts. For example, ergonomists or osteopaths have been invited into companies within Group to offer warm-up sessions before starting work. In this way, ‘3 Vallées’, the specialist in egg products, has completely reorganised its workshops, analysing each work situation with 1/25 scale models. In the Oilseeds Division, lesieur has led a comprehensive noise study to optimally develop the acoustics of its new packaging site in Bassens (Gironde).In Avril, health and well-being also encompass the fostering of nutrition and sports.Projects have been conducted in all the Group’s facilities, including the headquarters, which aims to play a leading role. Avril is one of the first companies to have deployed Vivacteo, an innovative approach proposed by the IRFO ***, which promotes company sport and well-being, via the introduction of specific workshops (stretching, choir...).

training for the right handling movements in matines the matines egg packaging centre located in Brugnens (Gers) employs 32 staff. in collaboration with occupational health, over the last fifteen years it has implemented a voluntary approach in all areas of human resources: integration and recognition of disabled workers, employee protection, safety etc...in 2014, the site focused on ergonomics. to prevent the risk of musculoskeletal disorders related to the handling of egg cartons, thorough and individual «Healthy Gestures» training, given by students from a physiotherapy school, was provided to 10 employees. Lasting two days, the objective was to explain the body and its movements and to propose practical simulation exercises tailored to their jobs. With its very positive results, this training will be extended to all staff, including administrative employees. «the working groups are transverse, which helps make it a unifying approach», noted Jean-François cauzzi, site Director, and Asmaa Fikry, Qse Facilitator.

2,200Field Safety Visits in 2014

managers trained for Field Safety Visits since 2013

590

• 29

POINT OFVIEW

“our disability policy is divided into three parts.Firstly we encourage the employees concerned to recognise their disability, which requires work on awareness, to fight against taboos and prejudices. Then we work to adapt workstations. Finally, we act on recruitment, by asking our partner consultancies to include candidates with disabilities in the selection process. Our approach is supported by the Group’s management and human resources; which is the key to its success.”

rémy Delabays Human Resources Director, Oilseeds Division

OuR COMMITMEnT i WOrKinG tOGetHer

Other entities have initiated actions that bring people together, such as a team of female staff from the Animal Products Division mobilised by running for the fight against women’s cancer.*** ’Institut des Rencontres de la forme’ (Fitness institute)

Disability: building up momentumRegarding the integration of people with disabilities, Avril has set an ambitious goal: to exceed the regulatory threshold of 6% on each of its sites. At the end of 2014, 17% of sites achieved this goal.This increase is the result of increased mobilisation, supported by human resources, which, in conjunction with the Sustainable Development Management, has led regular monitoring committees on the subject.To accelerate this positive dynamic, a help kit for hiring people with disabilities has been distributed within the Group. A proactive approach is also reflected in the specifications sent by the Group and its entities to recruitment firms (see testimony opposite). From 2015, this measure will be extended to temporary employment agencies.

training and work-study programs: procedures in progressAvril is deploying an active policy designed to facilitate integration through work and to favour local employment.The Group is committed to doubling the number of apprentices and work-study trainees on each of its sites. The impetus was given in 2014, driven by managers in the regions who were encouraged to work directly with target schools relevant to their needs. Several companies in the Group have also invested in internal schools to provide specialised professional training, tailored to the requirements of their business. The Sanders School of Sales has developed training based on livestock consulting: 56 students have been trained in five years. For its part, the lesieur Cristal ‘Excellium Academy’ in Morocco offers, both internally and externally, courses based on its expertise: 859 employees benefited from these courses in 2014.

For more information about Avril’s commitment on Working together please consult www.groupeavril.com/en/sustainable-development

Progression in the number of work accidents (with and without time off): tF2

40

35

30

25

20

15

Dec. 2012

* figures calculated on 2014 perimeter

Dec. 2013

Dec. 2014

-44%

21.1818.10

33.6*

SD OBJECTIVESCAP 2018

100%

> co-invest € 30 million in venture capital projects in agriculture and agro-industry

Target 76% achieved

> invest € 200  million over the next five years for the companies in the sectors, via sofiprotéol, the financing and development company

100%

Target 26% achieved

• 30

sofiprotéol:sustainable investments in the oils and proteins sectors

A structural support for the sectorFor over thirty years, Sofiprotéol has been a minority shareholder investor alongside industrial players in the agricultural sector. Its mission is to financially support companies identified as structural for the oils and proteins sector, but also for all major crop and livestock sectors.The challenge is to develop «France’s Farm» ensuring the sustainability of local employment, helping producers to find markets, setting up strategic alliances in increasingly competitive contexts, to form successful leaders (see box p. 33). In 2014, Sofiprotéol invested over 80 million euros. In total one hundred companies currently receive funds from Sofiprotéol; they represent 80,000 jobs in a variety of areas: seeds, plant protection, animal health and genetics, collection and processing of plant and animal production, methanation...

sustainable investments in the service of the public interestSofiprotéol is careful to commit its support over the medium/long term, and to adapt its financing methods to the specificities and needs of companies.The subsidiary works primarily through the acquisition of minority shareholdings, the granting of bonds and medium-term loans, investments in venture capital...It reinvests the majority of its profits to help sustain the business sectors and the dynamics of the local territories. Its decisions are taken in the context of a commitment committee, according to different criteria: project quality, economic value, etc. Since 2011, Sofiprotéol has encouraged and favoured socially responsible investment. The rating incorporates non-financial criteria, environmental, social and governance issues, and enables companies to be engaged to actively progress.

• 31

sofiprotéol, a subsidiary of Avril, implements sustainable partnerships with companies in the oils and proteins sectors and related agricultural sectors. the objective: to support the creation of economic, social and societal value, as well as innovation.

Favouring responsible investments

Find out about the areas of sofiprotéol’s sustainable investments at www.sofiproteol.com/en

7.7 million euros co-invested in CapAgro Innovation

152.2 million euros invested since 2012

• 32

continuous support for innovationThe Sofiprotéol rationale is also to invest in value-creating projects for the future. They are intended for example to cover and secure growing food needs, whilst preserving the planet’s resources.In this context, Sofiprotéol funds forward-looking research programs in collaboration with FASO (Strategic Action Fund for Oilseed and Protein Crops).The subsidiary also invests in venture capital to fund the development of innovative French start-ups, either directly or through the investment funds of ‘CapAgro Innovation’, which is a partner. In late 2014, 14% of its investments were focused on innovation, supporting emerging sectors such as renewable chemistry or development of tools to aid decision making for agriculture.

An expanding field of expertiseIn 2014, following the transfer by the Group of Sogeval to Ceva Santé Animale, Sofiprotéol invested as a shareholder in Ceva Santé Animale. This choice has enabled it to broaden its scope into animal health.The subsidiary is also heavily involved in upstream agriculture, focusing its funding on sustainable farming, to produce more with fewer resources, such as research projects on intelligent inputs or adjuvants (see box opposite).

SDP: Encouraging sustainable developmentsDP is a French sme specialised in plant protection and nutrition. in particular, it manufactures adjuvants which reinforce the action of chemical substances in plant protection products. these additives contribute, in accordance with the government’s ‘ecophyto’ plan, to reducing farmers’ dependence on plant protection products, while maintaining a high level of production.they also have the effect of decreasing the volumes transported and reducing the effects of greenhouse gases because they are derived from plant chemistry. sDP has always been very involved in corporate citizenship and sustainable development.sofiprotéol’s support has prompted them to go further in its approach and formalise a csr policy around commitments and quantitative indicators.

Sofiprotéol also supported work related to the growing demand for proteins that that will occur by 2030. It supported the creation of a French bean sector, which should begin in 2015.It also contributed, in collaboration with the FASO, to the financing of research programs to valorise the proteins extracted from oilseeds.

Over 100

companies supported

• 33

claire maingon,Director of Investment, deputy to the Director of Commitments – Sofiprotéol

Corporate responsibility helps us and our partners to grow.

€250 million

invested in 5 years

14%invested

to support innovation

Bringing out national leadersFollowing the transfer of sogeval to ceva, the specialist in animal health, Avril’s poultry slaughtering and processed product activities were sold to the LDc group.the objective: to consolidate the French animal sector by creating leaders in their category. the closeness of values in ceva and LDc led sofiprotéol to take a minority stake in both companies, to support their growth. thus, ceva, which achieves 80% of its sales abroad and employs a third of its employees in France, must continue its development, including vaccines, and contribute to better satisfying of the global demand for meat products. For its part, LDc’s ambition is to become a major poultry player in europe, by capitalising on the expertise of the businesses acquired from Avril.

SOFIPROTEOl i sustAinABLe inVestments in tHe OiLs AnD PrOteins sectOrs

POINT OF VIEW

“a long-lasting partnership.Our job is to valorise flax seeds, lupine, peas and fava beans for animal feed using an extrusion cooking process. Since 1993, we have been convinced that we could improve human nutrition by improving animal nutrition. We conducted a clinical study on the subject which proved promising. In our approach, the ‘Bleu-Blanc-Cœur’ flax sector was born, which develops lipid profile products recommended by the National Nutrition Health Plan (PNNS). This success story is the origin of 750 products and brings together nearly 5,000 farmers. Sofiprotéol’s input into our capital helped us achieve this by giving us time to develop and industrialise our concept. Today Sofiprotéol has increased its stake to 25% and continues to support us by allowing us to take advantage of its skills network.”Pierre WeillChairman of Valorex

Find out about the areas of sofiprotéol’s sustainable investments at www.sofiproteol.com/en

• 34

A sustainable development network serving our commitment

Sustainable development is in our minds in the analysis of environmental and social impacts of actions taken by our management.”

gabriel krapf Director of Industrial Development and Performance AVRIl

In the Oilseeds Division, we demonstrate our commitment to sustainable development every day by working on our safety and preserving the environment.”

laurent laskri HSE DirectorOilseeds Division AVRIl

Sustainable development is at the heart of lesieur Cristal’s societal commitment: in its products, its factories and its work with local communities.”

nezha hafid Azahri Deputy Director QSE lESIEuR CRISTAl

Sharing our natural chemistry means creating sustainable partnerships.”

marjan maes CSR Manager OlEOn

Sustainable development is the overall picture that

emerges through the multitude of brush strokes

made by the projects undertaken by Avril.”

fabien kay Communication Manager of the Oilseeds Division AVRIl

Sustainable development allows us to bring together

a balanced economic system serving people and

their environment.”

christophe rouvière Director of Sète and lezoux

factories SAIPOl

Good environmental practices are today a major element in

the management of agricultural operations.”

nathalie gosselet Economic and Environmental

Study Manager FOP

We work every day to improve the sustainability of livestock production systems in order to produce more with less.”

thomas kerihuel Sustainable Development Manager, Animal Products Division AVRIl

• 35

One of SD’s objectives is to enable our employees to thrive in an environment respectful of their singularities and to interact with confidence.”

rémy delabays HR Director Oilseeds Division AVRIl and Symphony

The creation of the Avril Foundation shows that sustainable development can lead to a lasting voluntary commitment that is in the public interest.”

catherine bureau Deputy Director of the AVRIl Foundation

Sustainable development challenges us to develop innovative and efficient energy solutions and optimise the valorisation of our waste.”

gianni paolino Technology&International Director SAIPOl

A corporate social responsibility approach gives internal meaning

and creates value through trust.”

Jean-marc buteux Jean-Marc Buteux Director of Partnerships and Sustainable

Development lESIEuR

Corporate social responsibility is a

tremendous performance lever and a strategic asset

for the company and its brand image.”

Anne moreau CSR Digital Communication and

Strategy Manager lESIEuR

Environmental, social and governance criteria

are at the heart of Sofiprotéol’s

investment choices.”

gabriel dufour Account Manager

SOFIPROTEOl

The preservation of the environment is an integral part of Cetiom’s studies, in the same way as the economic challenges for farms.”

francis flénet Agronomy and Environment Manager CETIOM

• 36

Performance indicators 2014 change since 2012*

commitment n°1: Developing national sectors Proportion of French/Romanian/Senegalese oilseed production valorised in the corresponding national industrial facilities 52% / 14% / 10% +4% / +17% / -9% > objective 2018 : 60%/20%/35%

Proportion of the original raw material France transformed in animal nutrition tools 79.7% -4% > objective 2018 : >80%

Turnover (in billions of €) 6.5 -11% 

EBITDA (gross operating profit) / Turnover 4% +17%

Total industrial investments, specific to Avril (in millions of €) 138 +18%

of which industrial investment in the Southern and developing countries (in millions of €) 22 +46%

Total headcount (as of 31/12/2014) 8,240 ≈ 

Breakdown of employees by type of contract Permanent / Fixed-term / Other (in %) 95% / 4% /1% ≈

commitment n°2: Better food for humans Equivalent number of people whose nutritional needs in oil are provided by the Group (in millions) 75.4 +27% > objective 2018: 90

Equivalent number of people whose nutritional needs in animal protein are provided by the Group (in millions) 28.6 +11% > objective 2018: 30

Production volumes (tonnage by general type of product) p. 58-59 of the Activity report 2014 -

table of performance indicators 2014

commitment n°3: Preserving the planet Energy consumption of the Group (in millions of MWh) 3.4 -3 % > objective 2018: -10%

Ratio of energy consumption from renewable sources and the total energy consumption 26.9% +154% > objective 2018: 30%

Reduction of GHG emissions in rapeseed hectares involved in the ‘Démarche de Progrès’ -3% (2013 value) ** n.a. > objective 2018: -30%

Participation rates in the ‘Démarche de Progrès’ in cooperatives having contracted with Diester Industrie (France) 61.4% ≈

GHG report completion rate for large product families 70 % +6%

Quantity of certified sustainable vegetable oils used (in kilotonnes) 1,742 -6% > objective 2018: 2,000

Valorisation rate of recoverable industrial waste 92% +0.2%

Breakdown of products transported by type of transport: road / maritime / inland waterway / pipeline / rail / road-rail (in %) 70/16/9/3/1/1 +6/+9/-15/-7/-13/+173

Total water used per tonne of finished product (m3/t) 1.89 -2%

* reference year for the SD objectives ‘CAP 2018’** 2014 data was not available at the time of publication of this report *** disbursed amount. In previous reporting, the figures mentioned were the amounts incurred in the year Indicators corresponding to SD objectives ‘CAP 2018’

reporting scope The indicators are consolidated worldwide, unless stated otherwise, covering the calendar year 2014. The data from the companies in which Avril is majority stakeholder are fully consolidated (not in proportion to the integration of companies within the Group).The GHG indicator of the ‘Démarche de Progrès’ covers the 2012-2013 campaign (2013-2014 data were not available at the time of writing this report). The indicators relating to disabled workers, apprentices and gender equality are representative of 94% of the physical workforce of the Group.

commitment n°4: Working together Change in TF2 (frequency rate of accidents with and without time off) over one year -3.6 points -44% > objective 2018: -70%

Change in TF1 (frequency rate of accidents with time off) over one year +0.5 points -23%

Change in SR (severity rate) over one year -0.06 points -37%

Proportion of Group sites employing more than 6% disabled workers (France) 17 % -28% > objective 2018: 100% (compared to 2013)

number of apprentices and work-study students 196 +50% > objective 2018: 260

Total number of trainees 337 +6%

Female to male staff ratio (as of 31/12/2013) 0,41 ≈

commitment n°5: sustainable investments in the oils and proteins sectorsAmounts invested*** by the financing and development company Sofiprotéol (in millions of €) 75 152.2 > objective 2018: 200

Amount invested by CapAgro Innovation funds (in millions of €) 7.7 Funding activity started 2014

Proportion of Sofiprotéol investments evaluated in terms of social responsibility 100 % ≈

number of employees working in companies in which Sofiprotéol invested during the year (France) Approx. 23,500 +213%

Avril Sustainable Development Department

11 rue de Monceau – CS 6000375378 Paris Cedex 08

Tél. : 00 33 (0) 1 40 69 48 00

www.groupeavril.com

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