How Sanofi approached its first CSRD report

While Brussels is working to significantly lighten the burden for companies under the Corporate Sustainability Reporting Directive (CSRD), with the omnibus package published on 26 February, organisations in the first wave have still been required to publish their first report under this framework since the beginning of the year. The pharmaceutical group Sanofi is one of the first French companies to have done so. Its environmental, social and governance (ESG) director Laurent Lhopitallier reveals to mind RH how the company went about it.

By Antoine Piel. Published on 19 March 2025 à 16h40 - Update on 19 March 2025 à 17h12

Audited by PwC and Mazars, the first sustainability report of Sanofi was published on 13 February 2025. The French pharmaceutical company with 83,000 employees is one of the first 30 organisations with more than 500 employees and a turnover of €40 million to have published the results of this unprecedented exercise in social and environmental reporting. This report, over 150 pages long, including 30 on social aspects, relating to both the internal and the value chain, represents a “certain continuity with what we did previously, but with a new step to be taken that is much higher than the previous ones”, says Laurent Lhopitallier, the company’s ESG director, in charge of non-financial reporting and relations with rating agencies and investors on these issues.

Double materiality analysis

The main new feature of the CSRD is the double materiality analysis, which highlights the pharmaceutical group’s impact on the environment and society and the financial consequences of these issues for the company.…

Antoine Piel

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