Defined in collaboration with PWC, the methodology evaluates avoided impacts by comparing the year N consumption ratio with that of the benchmark year.
SCOPE AND APPROACH
The calculations were performed over a period extending from the year Eurazeo PME acquired an interest in the investment considered until 2016 inclusively or, if the data was unavailable, the first year of reporting: for Léon de Bruxelles, the benchmark year is 2009 for the social component, and 2011 for the environmental aspect, while for DESSANGE International, the benchmark year is 2011.
Whenever possible, calculations were based on operating indicators (e.g.: a ratio by number of meals served for Léon de Bruxelles). In the absence of an operating indicator, calculations were based on revenue. A benchmark year was determined for each company, so as to then measure the change (improvement or decline) for each indicator.
The progress was gaged and aggregated for each year in relation to the benchmark year.
Indicators that were subject to impact calculations were defined according to criteria covering the existence of improvement processes in the company, materiality and the availability and quality of data for the years considered.