GlobeNewswire Inc | Jun 3, 2021 08:00AM EDT

June 03, 2021

Sanofi launches3million Planet Mobilization fund to supportemployees environmental projects

-- This year, Sanofi will fund three employee teams for their environmental programs in Vietnam, Ireland, France, Belgium and Italy -- In April 2021, Sanofi expanded its social commitments, including its global environmental sustainability program, Planet Mobilization

PARIS June3, 2021 As part of a long-standing commitment to reduce the environmental footprint of the companys products and activities, Sanofi launched a 3 million Planet Mobilization fund to support employee ideas and projects that will further contribute to a healthier environment. This year, three Sanofi teams will have their projects funded.

For several years, Sanofi has been implementing a global environmental roadmap, Planet Mobilization, which is embedded in Sanofis long-term strategy. The program covers all Sanofi activities and sites and the entire lifecycle of products, from raw materials used in production all the way to their disposal.

Because the fight against climate change is also a fight for the health and well-being, Sanofi commits to Planet Mobilization says Philippe Luscan, Executive Vice President, Global Industrial Affairs. We strongly believe our employees are the most powerful agents of positive change for people, and for the planet. Its with this ambition and objectives in mind that we decided to create a fund of 3 million to finance ideas and projects coming from our employees in support of our environmental ambition. Today, it is fair to say that teams all over the world took up the challenge, even beyond our expectations.Thats collective intelligence in motion.

An EntrepreneurialProgram to Support Employee IdeasThis year, more than 500 employees from 63 sites in 29 countries participated in the companys environmental sustainability ideation program. A full program of bootcamps, hack-a-thons, and design thinking workshops led by Sanofis Innovation Lab helped the teams turn their ideas into sustainable projects.

Three winning projects were selected this inaugural year. The projects will be implemented and financed by Sanofis Planet Mobilization fund:

-- Vietnam: Rice is the New Green is a project from Sanofis H Chi Minh team to implement the first green and circular large-scale rice husk biomass. Rice husk is a byproduct of paddy processing in the rice mills and can provide a convenient and environmentally sustainable, convenient source of dry biomass energy. This will allow Sanofis H Chi Minh site to become afossil fuel freesite, eliminating 2.3 thousand tons of carbon dioxide a year and reduce steam costs by 40%. -- Europe: IDRA is a project from three country sites in Europe, including Anagni, Italy; Compigne, France; and Geel, Belgium. The project aims at recycling treated wastewater from the sites to be directly reused on site.The three pilot plants could save up to 220 million liters of water per year. This is the equivalent of filling nearly 70 Olympic pools. -- Ireland: Waterford Loves Planet Not Plastic is an education project to help reduce plastic waste. Through information via school programs, nature restoration programs such as coastal clean-ups, and an app measuring plastic waste and incentivizing reduced consumption, Sanofi Ireland 'ambassadors' will contribute to their communities more balanced use of plastic and the management of its waste.

Sanofi Aims for Carbon NeutralitySanofi has committed to reduce its greenhouse gas emissions by 55% by 2030 in line with limiting global warming to 1.5C and is aiming for carbon neutrality by 2050. The new carbon reduction objectives are validated by the Science Based Target initiative, a partnership between Carbon Disclosure Project, the United Nations Global Compact, World Resources Institute, and WWF.

To that order and to minimize the potential direct and indirect impacts of its business on the environment throughout the whole lifecycle of its products, the company intends to:

-- protect ecosystems by introducing biodiversity protection plans at all its sites located near sensitive areas by 2025; -- implement water stewardship and water efficiency plans on 100% of its manufacturing sites by 2030; -- foster eco-design for all its new products and packagingby 2025 and for its top-selling products by 2030, and remove all pre-formed plastic packaging (blister packs) for its vaccinesby 2027; -- reduce, recycle, and recover more than 90% of its waste by 2025; -- use100% renewable electricity across its operations and target a carbon-neutral car fleet, both by 2030; and -- prevent any impact of its medicines on the environment across 100% of its manufacturing sites by 2025.

Sanofi also supports and works with its suppliers all over the world to reduce their greenhouse gas emissions and environmental impact to create more sustainable sourcing of raw materials.

To date, the company has already notably:

-- reduced GHG emission from its activities by 27% since 2015; -- designed a new entirely recyclable cardboard packaging for vaccines, which replaces aluminum and PVC blisters; -- reused, recycled, or recovered 73% of its waste; and -- reduced by 22% its water withdrawal from 2015 to 2020.

More on Sanofis environmental management and achievements: https://www.sanofi.com/en/our-responsibility/environmental-sustainability



About Sanofi

Sanofi is dedicated to supporting people through their health challenges. Weare a global biopharmaceutical company focused on human health. We preventillness with vaccines, provide innovative treatments to fight pain and easesuffering. We stand by the few who suffer from rare diseases and the millionswith long-term chronic conditions.

With more than 100,000 people in 100 countries, Sanofi is transformingscientific innovation into healthcare solutions around the globe.

Sanofi, Empowering Life



Investor Relations Contacts Paris Eva Schaefer-Jansen Arnaud DelepineMedia Relations Contacts Nathalie PhamAshleigh KossTel: +1 (908) 981-8745 Ashleigh.Koss@sanofi.com Investor Relations Contacts North America Felix Lauscher Fara BerkowitzSandrine Guendoul Suzanne GrecoTel.: +33 (0)6 25 09 14 25sandrine.guendoul@sanofi.com IR main line: Tel.: +33 (0)1 53 77 45 45 investor.relations@sanofi.com https://www.sanofi.com/en/investors/contact

Sanofi Forward-Looking StatementsThis press release contains forward-looking statements as defined in thePrivate Securities Litigation Reform Act of 1995, as amended. Forward-lookingstatements are statements that are not historical facts. These statementsinclude projections and estimates and their underlying assumptions, statementsregarding plans, objectives, intentions and expectations with respect to futurefinancial results, events, operations, services, product development andpotential, and statements regarding future performance. Forward-lookingstatements are generally identified by the words ?expects?, ?anticipates?,?believes?, ?intends?, ?estimates?, ?plans? and similar expressions. AlthoughSanofi?s management believes that the expectations reflected in suchforward-looking statements are reasonable, investors are cautioned thatforward-looking information and statements are subject to various risks anduncertainties, many of which are difficult to predict and generally beyond thecontrol of Sanofi, that could cause actual results and developments to differmaterially from those expressed in, or implied or projected by, theforward-looking information and statements. These risks and uncertaintiesinclude among other things, the uncertainties inherent in research anddevelopment, future clinical data and analysis, including post marketing,decisions by regulatory authorities, such as the FDA or the EMA, regardingwhether and when to approve any drug, device or biological application that maybe filed for any such product candidates as well as their decisions regardinglabelling and other matters that could affect the availability or commercialpotential of such product candidates, the fact that product candidates ifapproved may not be commercially successful, the future approval and commercialsuccess of therapeutic alternatives, Sanofi?s ability to benefit from externalgrowth opportunities, to complete related transactions and/or obtain regulatoryclearances, risks associated with intellectual property and any related pendingor future litigation and the ultimate outcome of such litigation, trends inexchange rates and prevailing interest rates, volatile economic and marketconditions, cost containment initiatives and subsequent changes thereto, andthe impact that COVID-19 will have on us, our customers, suppliers, vendors,and other business partners, and the financial condition of any one of them, aswell as on our employees and on the global economy as a whole. Any materialeffect of COVID-19 on any of the foregoing could also adversely impact us. Thissituation is changing rapidly and additional impacts may arise of which we arenot currently aware and may exacerbate other previously identified risks. Therisks and uncertainties also include the uncertainties discussed or identifiedin the public filings with the SEC and the AMF made by Sanofi, including thoselisted under ?Risk Factors? and ?Cautionary Statement Regarding Forward-LookingStatements? in Sanofi?s annual report on Form 20-F for the year ended December31, 2020. Other than as required by applicable law, Sanofi does not undertakeany obligation to update or revise any forward-looking information orstatements.

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