38 | Commitments Commitments | 39

Edenred also integrates environmental consi- derations in the development of new solutions to meet the needs of communities. In some countries, the Group affi liates merchants that propose environmentally-friendly products or even includes them directly in its catalogs.

RECOGNITION FOR OUR EFFORTS

In recognition of its commitment to corporate social responsibility, Edenred was included in the FTSE4Good international index in 2011. In an assessment by an independent organization, Edenred met the criteria required to join this series of indexes. The purpose of FTSE4Good is to facilitate investment in companies that meet the internationally recognized criteria applying to societal responsibility.

Ticket Car® Carbon Control program enables clients from Ticket Car® in Brazil, and from this year on

in Mexico, to calculate the quantity of greenhouse gases emitted by their business vehicles.

This year in India, Edenred launched an innovative and solidarity-based project to

redesign the visual identity of service vouchers by organizing a painting contest for underprivileged children from three cities. The best pictures were selected to illustrate the 2012- 2013 Ticket Restaurant® and Ticket Compliments® vouchers. 275 children who receive aid from the “SOS Village d’Enfants” NGO were able to take part in “Arts from the Heart”.

● TO THE COMMUNITY OUTREACH

Edenred takes local actions in community projects that include collections, the supply of expertise and social initiatives that often also involve the company's stakeholders, from affi liates to clients. In 2011, employees dedicated a total of 689 days to sponsorship initiatives on behalf of non-profi t projects. More than 400 non-profi t organizations re- ceived the Group support for their food aid, educational and return-to-work projects.

Edenred’s core business is naturally shaped around a vision of corporate citizenship. Ticket Restaurant®

meal vouchers have played a key role in facilitating employee access to proper meals during the workday.

As a responsible corporate citizen, Edenred has embraced the mission of staying attuned to new social

trends and responding to the concerns of civil society. Accordingly, the Group has made a commitment to

corporate social responsibility (CSR) that is thoroughly aligned with its operations.

cided to transform the project into a program. Slovakia and Portugal joined the FOOD pro- gramme in 2011, taking the total number of countries involved to eight.

● TO THE ENVIRONMENT

Most of Edenred's worldwide host countries already use environmentally-friendly mate-

rials (FSC or recycled paper) to produce their paper vouchers. In France, all

Ticket Restaurant® and Ticket Service® vou- chers issued by Edenred in 2012 are prin- ted on 100% recycled and FSC-certifi ed paper. Edenred is the fi rst French issuer to combine FSC certifi cation with recycled pa- per. According to the data in the Greenhouse gas emissions assessment conducted by the French subsidiary, this measure will save 7,650 trees every year, almost 25 million liters of water and 1,125,000 KWh of energy in the production of the vouchers.

The Group's environment management policy is primarily supported through ISO 14001 cer- tifi cation. Four Edenred subsidiaries, repre- senting 33.5% of the employees, have already been certifi ed. This year also saw the Group- wide launch of the fi rst environmental reporting process for all of subsidiaries. Around 20 indi- cators are used to measure water, energy and paper consumption, waste and greenhouse gas emissions. They can be found on the Group web site at www.edenred.com.

The Group's employees took part in the Earth Day for the third year in succession. In 2011, more than 2,800 people in 33 subsi- diaries took part in awareness initiatives and actions to promote the conservation of the environment.

THREE MAJOR COMMITMENTS

● TO NUTRITION

The very nature of Edenred's activities has prompted the Group to promote healthy ea- ting as its top-priority project in the realm of corporate social responsibility. All of the ac- tions taken in the countries where the Group was present in 2011 have helped to raise awa- reness amongst 11 million benefi ciaries.

Since 2009, Edenred has been coordinating 25 partners in the FOOD

(Fighting Obesity through Offer and Demand) project, which aims to promote a balanced diet using Ticket Restaurant® as the main channel of communication with employees and restaurant professional in 6 European countries (Belgium, Spain, France, Italy, the Czech Republic and Sweden). A conference was held at the European Par- liament in Brussels in 2011 to present the most signifi cant results of the project, which has raised the awareness of 4.2 million em- ployees, 185,000 companies and 352,000 restaurants. When the co-funding by the European Com- mission came to an end, the partners de-

Committed to the community to promote responsible life styles

Edenred France, 1er et unique émetteur de titres restaurant certifié FSC Recyclé 100%

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Une solution

Edenred has been promoting healthy eating habits in Chile for several years. Benefi ciaries can ask questions to a nutritionist working for the Group and benefi t from online coaching. In 2011, a pilot program was launched with around 20 affi liated restaurants to measure the impact of the program's recommendations, represented by the “Gustino” mascot.