DRT was created in 1932 by families of foresters who wanted to make use of the rosin and turpentine spirit found in pine resin. Since then, DRT has developed its own formula using these raw materials, through ongoing research, development and industrial investment. Today, DRT produces and sells over 250 products, used in markets as diverse as perfumery, adhesives and pneumatics. DRT is a medium-sized company which employs 1,350 people around the world, 70 of whom work in research and development laboratories. We have four industrial sites in France, in the South-West and Nouvelle-Aquitaine, plus sites abroad: two sites in the United States, one site in China, and three sites in India as part of a joint venture. DRT is an example of a circular economy since the 1970s, 95% of the raw materials needed for the company to operate come from sub-products of paper pulp production using softwood. DRT also uses biomass in the form of logging debris, treetops and stumps to make its own steam and sell green energy externally. Since its creation, DRT has followed a sustainable development and environmental protection policy. It is therefore entirely natural that, with the support and expertise of Ardian, we have committed to a societal responsibility initiative, because we believe that CSR is a great driver for economic development and competitiveness. Ardian’s responsible investment programme has been progressively put together since 2009, to support our different investment teams in taking into account environmental, social and governance issues, during all phases of investment. The cornerstone of this initiative is the engagement programme devised to support companies in our portfolio to help them move forwards on the most relevant issues for them. With DRT, we have started working very fast. We invested in DRT in April, and in the subsequent weeks, we met Christophe Marsan, who is in charge of managing the company’s CSR effort. Since the start of the year, and with the support of Ardian we have been analysing DRT’s CSR practices. This was an important point and a key step, which was both informative and motivating. It allowed us to measure the work already done, and above all the actions to be taken in various CSR domains: governance, human resources, environmental protection and relationships with stakeholders. Environmental protection is second nature to DRT. DRT has done everything possible to always measure its environmental impact, and reduce it through all kinds of actions. One such action is the reduction of CO² emissions via energy efficiency programs and by replacing fossil fuels with renewable energies. As concerns the societal aspect, DRT’s priority this year is an educational initiative targeting young people in impoverished neighbourhoods. It aims to encourage integration and emancipation, via education through employment, with the aim of providing equal access to all opportunities for all. DRT thus represents potential employment opportunities. Environmental responsibility is a heavy one, because everyone has a duty to improve their environmental impact at all times, personally, collectively, and professionally.