Logitech FY20 User Manual

SUSTAINABILITY REPORT FY20

We want to make sustainability pervasive across all our activities and a reection of our culture. We are reimagining how we source, manufacture, distribute and recycle, to positively improve the carbon, toxicity, circularity and social impact of our operations.

2 Logitech Sustainability Report FY20

Introduction Products and

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CONTENTS

INTRODUCTION

06 Statement from Bracken Darrell 08 FY20 Highlights 10 Company Structure 12 Logitech in Figures

14 Sustainability at Logitech 28 Stakeholder Engagement 32 Materiality Assessment

PRODUCTS & THE ENVIRONMENT

38 Statement from

40 Design for Sustainability (DfS) 49 Responsible Packaging 53 Avoiding Targeted Substances 57 End-of-life Recycling 61 Responsible Manufacturing 65 Climate Action 74 Carbon Transparency

People and society

Prakash Arunkundrum

About this report

PEOPLE & SOCIETY

78 Ethics 82 Privacy and Security 84 Employee Safety,

Health and Wellbeing

86 Conict Minerals 89 Human Rights and Labor 95 Supplier Development 98 Statement from Kirsty Russell 100 Diversity and Inclusion 104 Talent Development 108 Giving Back

ABOUT THIS REPORT

116 About this Report 120 Data

Logitech Sustainability Report FY20 3

INTRODUCTION

4 Logitech Sus tainabilit y Report FY20

Introduction Products and

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People and society

About this report

Logitech Sustainability Report FY20 5

As a company, we believe positive change is necessary. Change for the environment. Change for inclusion. And an equal playing eld for all. The world needs companies to stand up for environmental sustainability and diversity. And Logitech is.

Bracken Darrell

President and Chief Executive Ocer

Introduction Products and

the environment

People and society

About this report

This is our twelfth sustainability

report. Logitech’s culture has long reected our Swiss roots: humble, hard-working and growth-minded. In fact, it took us over a decade of progress to decide we were ready to speak out beyond this report about our sustainability progress and ambitions. Before that, we quietly worked inside our factory walls and oces to reduce our impact on the environment.

About a year ago, we decided

that quietly working hard on sustainability wasn’t enough.

The world isn’t moving fast

enough to address the environmental and societal challenges that we all face. As much as we’ve done and as far we’ve come, we at Logitech aren’t moving fast enough either.

So we decided to be more vocal. We stepped (a little timidly) into the public eye and made promises. Last year, we announced support of the Paris

Agreement, pledging to reduce

our corporate carbon footprint to support the ambitious goal of limiting global warming to 1.5 °C. We announced we will be powered exclusively by renewable electricity by

2030. And we let the world know we have neutralized the carbon footprint of our entire gaming product portfolio and will neutralize more of our business as we move ahead.

After being ranked fth out of 145 tech companies for sustainability performance by Sustainalytics, we decided we would take further steps toward showing leadership in this area. We announced our carbon transparency commitment and became the rst consumer electronics company to commit to providing carbon footprint

labels on product packaging across our entire portfolio. Our vision is a world where everything is labeled with its carbon impact (or neutrality),

like calories on food labels. We believe transparency in this area will drive competition to reduce product carbon footprints and will give consumers the information to make choices based on not just features and price, but also environmental impact. We called on companies in every industry to join with us, for only together can we realize the change that is desperately needed.

We recognize that our business growth does not come without an environmental impact. While we have made progress, we have only just begun to hit our stride in designing our products and our organization for sustainability.

Just as we are working toward a better planet, we are also working to do better for all

people. We foster diversity within Logitech but have much more to do to ensure we better represent the communities we serve. We are becoming an outspoken champion for inclusion outside our own walls through corporate giving, supplier diversity programs, accessible products, and much more to come. We commit to being transparent in our eorts and expect to be held accountable for signicant improvement in the years ahead.

We are a company of committed believers that constant change is necessary. Change for the environment. Change for inclusion and equal playing eld for all. While we want Logitech to be an inspiring company making a dierence, we will remain a humble company always learning and growing.

Bracken Darrell

President and Chief Executive Ocer

Logite ch Sustainability Report FY20 7

SUSTAINABILITY

FY20 Highlights

CARBON TRANSPARENCY

Corporate pledge to

0.00

kg C02e

Carbon Neutral

share and communicate the carbon impact of our products

CLIMATE ACTION

• Science-based reduction target for Scope 1 and 2

• 88% renewable electricity

REDUCE

• Scope 3 inventory disclosed

• 3rd-Party-certied carbon calculator for distribution activities

RENEW

• Carbon Neutral Production Facility and Travel

DESIGN FOR SUSTAINABILITY DfS

Design process updated to include environmental performance as a core design goal

Sustainable Design Principles established as a framework for product development

New calculator tools to rapidly assess carbon and circularity during concept development

Roadmap for future low impact product materials

RESTORE

TARGETED SUBSTANCE REDUCTION

• Gaming products CarbonNeutral ©

73%

reduction in Targeted Substances since CY10

131t

of PVC eliminated in CY19

POSTCONSUMER RECYCLED PCR PLASTIC:

3 additional product lines transitioned to PCR

RESPONSIBLE PACKAGING:

• Logitech sustainable packaging design guidelines established and socialized.

• 3 additional product lines launched with FSC-certied packaging

8 Logitech Sus tainabilit y Report FY20

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GLOBAL RECYCLING

tons nanced since CY10

30,992

electrical devices

2,797

batteries

16,993

packaging

CONFLICT MINERALS

98%

of smelters certied conic t-free

100%

• Direct suppliers engaged

• Conict-free tantalum

• Conict-free tungsten

AWARDS & ACKNOWLEDGEMENTS

• World Finance Leadership Award for Sustainability in the Technology Sector

• FTSE4Good index listed

• Ecovadis gold rated

• Sustainalytics 96th Percentile Leader

TALENT DEVELOPMENT

12,000+

employees training hours worldwide

SUPPLIER DEVELOPMENT

RBA Code of Conduct

100%

of our major suppliers audited in CY19

GIVING BACK

Give back events with 400+ volunteers in 13 cities and 9 countries

Logite ch Sustainability Report FY20 9

COMPANY STRUCTURE

Logitech is a world leader in designing, manufacturing and marketing products that help connect people to digital and cloud experiences.

Almost 40 years ago, Logitech

created products to improve experiences around the personal computer (PC) platform.

Today we are a multi-brand,

multi-category company. We design products that enable better experiences consuming, sharing and creating any digital content, including computing, gaming, video and music, whether it is on a computer, mobile device or in the cloud.

Logitech was founded in Switzerland in 1981. Our registered

oce and holding company (Logitech International S.A.) is in Apples, Switzerland. Logitech Inc.

is our principal, wholly-owned

subsidiary in the United States.

Our global footprint extends

across North and South America,

EMEA (Europe, Middle East

and Africa) and Asia Pacic.

We employ more than 6,600

people, including more than 3,000 at our production facility.

Our network of oces includes

24 Principal Oces (i.e. oces

with more than 20 occupants)

and a number of smaller (sales-

focused) oces worldwide.

Shares of Logitech International

S.A. are listed on the SIX Swiss

Exchange (trading symbol:

LOGN) and on the Nasdaq

Global Select Market (trading

symbol: LOGI).

As of 31 March 2020, our total capitalization was $1,489 million USD, funded 100% by equity, with zero debt. Total net sales for FY20 were $2.98 billion.

From our humble beginnings as a Swiss hardware company, we now create products across the following ve

large market opportunities.

The Logitech family currently comprises seven master brands: Logitech, Logitech G, ASTRO Gaming, Streamlabs, Blue Microphones, Jaybird, and Ultimate Ears.

Creativity and Productivity

With ever-increasing connectivity and consistent growth in time spent by people on computing platforms, we continue to innovate and grow market share for pointing devices, keyboards/ combos, tablets and other accessories and webcams.

We sell our products to a broad network of domestic and international customers, including direct sales to retailers and etailers, and indirect sales via a network for third-party distributors. Our worldwide channel network includes consumer electronics distributors, retailers, mass merchandisers, electronics stores, computer and

telecommunications stores, value-added resellers and online merchants.

Gaming

Our Gaming category comprises PC and console products designed to enhance gamer experiences, including virtual and augmented reality. We design and engineer industry-leading keyboards, mice, headsets, mouse pads, controllers and simulation products such as steering wheels and ight sticks.

Video Collaboration

Our Video Collaboration category includes Conference cams that combine enterprise-quality audio, high denition (HD), 1080p video and aordability, to enable video conferencing by businesses of any size.

1981

LOGITECH FOUNDED IN SWITZERLAND

6,600+

EMPLOYEES

10 Logitech Sustainability Report FY20

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Music

Our Music category includes

two sub-categories:

•

Mobile Speakers; and

•

Audio & Wearables.

The Mobile Speakers sub-

category includes portable

(R)

wireless Bluetooth

and Wi-Fi speakers that are waterproof and provide bold, immersive sound in every direction.

The Audio & Wearables category comprises:

•

PC speakers and headsets;

•

in-ear headphones;

•

premium wireless

audio wearables;

•

wireless audio wearables for

sports and active lifestyles; and

•

a range of audio tools for recording or broadcasting applications, from YouTube and podcast production to music and gaming.

Smart Home

This category includes advanced home entertainment controllers and home cameras that enable home monitoring via mobile devices. It also includes new products dedicated to controlling emerging categories of connected smart home devices such as lighting, thermostats and door locks.

Acquisitions

On August 21, 2018, we acquired all equity interests in Blue Microphones Holding Corporation (Blue Microphones). While we report nancial information with full integration of Blue Microphones from that date, from an operational standpoint (including sustainability procedures) we completed integration of Blue Microphones on September 2, 2019. The scope of this Sustainability Report includes data and performance for Blue Microphones from September 2019 onwards.

On October 31 2019, we acquired all equity interests in General Workings, Inc. (Streamlabs). Streamlabs is a leading provider of software and tools for professional streamers. The Streamlabs Acquisition is complementary to our gaming portfolio.

The scope of this Sustainability Report does not include data and performance associated with this acquisition, because the Logitech-Streamlabs integration process was ongoing within the reporting period.

Joint Ventures

We do not operate Joint Ventures.

Production Facility

Our high-volume production facility was established in Suzhou, China in 1994. On-site activities primarily comprise nal assembly and testing. Components are manufactured to our specication by suppliers in Asia, the United States and Europe.

We use Joint Design Manufacturers and Contract Manufacturers to supplement internal capacity and to reduce volatility in production volumes. Our local and international teams maintain oversight of all in-house and supplier production activities, manufacturing knowhow, quality process controls, social and environmental responsibilities and Intellectual Property protection.

This hybrid model of in-house manufacturing and thirdparty manufacturers enables us to eectively respond to rapidly changing demand, leverage economies of scale, maintain strong quality process controls, reduce volatility in production levels, and optimize time to market.

An overview of our company is shown in the following infographic.

Logitech Sustainability Report FY20 11

LOGITECH IN FIGURES

FY20

27%

FEMALE BOARD

OF DIRECTORS

Vancouver, Canada

Camas, USA

San Francisco, USA

Westlake, USA

6,600+

EMPLOYEES

Park City, USA

Newark, USA

Irvine, USA

65%

MALE

Cork, Ireland

Windsor, UK

35%

FEMALE

Nijmegen, Netherlands

Munich, Germany

Lausanne, Switzerland

Mexico City, Mexico

LOCATIONS

HQ Principal Oce Sillicon Valley Campus (SVC) Manufacturing

Sao Paolo, Brazil

12 Logitech Sus tainabilit y Report FY20

>$177m+

SPEND ON R&D

Introduction Products and

DESIGN AWARDS

the environment

People and society

About this report

$2.98 BILLION NET SALES FY20

% BY PRODUCT CATEGORY

23%

GAMING

Hong Kong Kowloon, China

Chennai, India

Seoul, South Korea

Suzhou, China

Shenzhen, China

Singapore

Tokyo, Japan

Shanghai, China

Hsinchu, Taiwan

19%

POINTING DEVICES

18%

KEYBOARDS & COMBOS

12%

AUDIO & WEARABLES

VIDEO COLLABORATION

MOBILE SPEAKERS

TABLETS & OTHER ACCESSORIES

Sydney, Australia

PC WEBCAMS

SMART HOME & OTHER

Logitech Sustainability Report FY20 13

SUSTAINABILITY AT LOGITECH

As a company, we always strive to do the right thing, behave ethically and act with integrity; we live and breathe our values. That philosophy underpins our commitment to sustainability.

Our vision is to design new possibilities that extend human capability. As a company, we’re fully conscious of the connections we can make between people, products, society and the environment. We want to design experiences, which help people create, achieve and enjoy life more.

As a company, we’re small and exible enough for every person to take the initiative and make things happen. But we’re big enough in our portfolio and reach for those actions to have a global impact. That’s a unique position to be in and we will always try to keep it that way.

We are acutely aware of the impact our activities can have, on our planet and society. That awareness motivates us to quantify, advocate, lead and drive the changes that are needed, to transition to a more sustainable world. We are working to make sustainability pervasive across all our activities and a reection of our culture.

Values and Culture

As a global company our people bring a broad array of diverse perspectives and unique experiences needed to

innovate, understand dierent markets and pull together across the globe to make things happen locally and build competitive advantage.

Our values and culture were articulated as an outcome of interactive roadshows in 2016, which were kicked o by our Chief Executive Ocer and Head of People and Culture. More than 85% of our employee base contributed their insights on four key aspects of our company culture: the most important elements of Logitech's culture, as identied by employees; the words and sentiments employees use when describing Logitech culture to others; which elements are aspirational and require us to keep working on them; and what we need to inject more of, to keep us successful in the future. The values were articulated in English and translated to local languages by site leaders, where appropriate.

Our values are included in onboarding and orientation and underpin our employee recognition and awards program, our talent and development programs and other initiatives. Site leaders regularly organize events,

teamwork and news based on the value sets, to raise awareness and socialize our values to new and existing employees.

In short, we are the sweet spot for people passionate about products, making a mark and having fun. We believe we are at our best when we:

•

prioritize equality and environment;

•

are open and ourselves;

•

are humble but hungry;

•

collaborate, but also challenge; and

•

decide and do.

This year, we introduced a new pair of values: Equality and Environment. Our commitment to equality and the environment is something that has been an integral part of our culture and demonstrated through our actions and commitments. We are now explicitly recognizing equality and environment as core values of our company for greater alignment and accountability internally and to demonstrate leadership and raise stakeholder awareness externally.

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EQUALITY

AND

ENVIRONMENT

OPEN AND

OURSELVES

HUNGRY

BUT HUMBLE

We believe every individual should have equal access to opportunity. Within Logitech, we work to oer equitable opportunities for each individual, regardless of gender, race, religion, sexual orientation, and more.

Externally we stand up for the rights of under-represented groups

We want everyone to feel they can be themselves in every way, no pretense, no dress code, nor other limitations.

We treat each other fairly and respectfully - and when mistakes are made they can be openly discussed. We’re also not interested

Humility is something we associate with the quest to always learn. We continuously learn, from all experiences including those that

especially in the face of adversity and will challenge systemic barriers. By doing this, we hope to level the playing eld for everyone.

Regarding the environment, we strive to be responsible for our planet and advocate for sustainability.

in politics, just in doing what’s right ethically and acting with integrity. That also means that if there’s something wrong, speaking up in the moment is something we feel obliged to do. It’s just less stressful when what you see is what you get.

could be characterized as wins and losses, successes and failures. Our hunger to do more, better, faster makes us hard to compete with.

COLLABORATE,

BUT ALSO

CHALLENGE

DECIDE

AND DO

e achieve more when we work together. It’s that simple. It’s always nice when someone agrees but we constantly seek challengers to our ideas. Working collaboratively with colleagues, customers and partners surfaces possibilities that one person alone might not see.

We are a company of people who decide based on data/facts/good thinking and communicate the how and why to key stakeholders. We turn decisions into action. We don’t philosophize or ponticate. We believe no-one in Logitech is a pure

We also need to collaborate on something bigger than our own interest - which means that sometimes we might feel like we’re losing something but someone else is gaining. And that’s just ne as long as the gain is a gain for the wider Logitech.

‘boss’ or ‘executive’. We spurn jobs that aren’t hands-on because they are suggestive of those people who tell other people to do things, rather than engaging alongside them in the sometimes messy and granular work of getting things done.

Logitech Sustainability Report FY20 15

16 Logitech Sustainabilit y Report FY20

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Logite ch Sustainability Report FY20 17

Sustainability at Logitech

continued

Sustainability at Logitech

We are often asked what we mean by sustainability at Logitech. Sustainability can mean dierent things to dierent people depending on your priorities, experience and perspective. Within Logitech, the terms SER (Social, Environmental, Responsibility) and ESG (Environment, Social and Governance) are synonymous with Sustainability. SER is the term used by the RBA. ESG is the term used by our investors. Our sustainability programs, as described in this report, address all material aspects of sustainability, SER and ESG.

We explain our approach in the following terms. We have footprint activities and programs which seek to reduce our environmental impact on the planet:

We have footprint activities and programs which seek to reduce our environmental impact on the planet:

Climate

action

Responsible

manufacturing

Carbon

transparency

•

Climate action

•

Carbon transparency

• Responsible manufacturing

•

Design for sustainability (DfS):

• Responsible products

• Responsible sourcing

• Responsible packaging

• End-of-life recycling

For these programs we measure our impact in terms of carbon, toxicity and circularity improvements primarily, as well as some other additional dimensions, such as water, where appropriate to do so.

Design for

Sustainability

(DfS)

• Responsible products

• Responsible sourcing

• Responsible packaging

End-of-life

recycling

18 Logitech Sustainability Report FY20

We have handprint activities and programs which seek to enhance our positive impact on people and society:

• Human rights and labor

• Ethics

• Privacy and Security

• Conict minerals

Introduction Products and

the environment

People and society

About this report

• Supplier development

• Talent development

• Diversity and inclusion

• Safety, health and wellbeing

• Giving back

Some of our management programs are cross-cutting, creating value in terms of both reduced environmental footprint and enhanced positive handprint on people and society e.g. our Supplier Development program and Sustainability Reporting program. But our use of the handprint and footprint concept has helped us simplify communication of our approach and performance. We like it. We hope you do too.

Diversity and

development

Privacy and

Security

Ethics

inclusion

Supplier

Talent development

Human rights

and labor

Giving Back

Conict minerals

Safety, health

and wellbeing

Logitech Sustainability Report FY20 19

Sustainability at Logitech

continued

Sustainability Governance

Good governance is driven by strong, eective and committed leadership. Our Group Management Team and Board of Directors can be viewed on our website here. Our governance structure for strategic decision-making is our Sustainability Oce. Prakash Arunkundrum (Head of Global Operations and a member of the Group Management Team), leads the Sustainability Oce and is responsible for driving the strategy and execution of Logitech's sustainability initiatives and advancing Logitech's sustainability commitments across its worldwide operations and products.

The Sustainability Oce is a standing arrangement that addresses and prioritizes sustainability-related decisions as they arise. The Sustainability Oce formally meets monthly to review progress on existing commitments and assesses sustainability risks and proposals from across the business in consideration of our sustainability priorities. The structure oers decision and guidance at an operational and management level, as well as wider recommendations to the Board of Directors and other relevant executive committees at a strategic level, on an annual

basis. The oce also oversees the preparation of key reports and data, including the annual Sustainability Report, and manages climate and carbonrelated risks and opportunities.

Governance Framework

Our framework for sustainability management is the RBA Code of Conduct (“the Code”) and our 1.5 Degree Pledge.

As a small company playing in a global market, we recognize the value of collaboration. We joined the Responsible Business Alliance (RBA, formally known as the Electronics Industry Citizenship Coalition, EICC) in 2007 to collaborate with industry peers and competitors alike, to develop and implement tools and programs that would directly address the challenges that people, communities and the environment face around our industry. RBA members are held accountable to the RBA Code of Conduct. We implement the Code at our own production facility and in our supply chain, using a range of RBA training and assessment and support tools.

Our commitment to the Code is dened in our RBA Commitment Statement. The Code focuses on priority issues for the RBA membership (as

As a company, we want to leave our mark. Our commitment to shaping a better world is a core value that we care deeply about.

20 Logitech Sustainability Repor t FY20

Governance Framework

Introduction Products and

the environment

People and society

About this report

BOARD OF

DIRECTORS

COMMITMENT & SPONSORSHIP

Head of Operations and Head of People and Culture identify, nance & sponsor selected programs, liaising with the Board, where relevant.

Sustainability Oce IMPACT ASSESSMENT

Sustainability Oce review, assess and shortlist proposed programs for consideration within framework of Logitech’s Sustainability Priorities.

All teams SUSTAINABILITY PROPOSALS

Sustainability programs, projects and specic opportunities are brought to the Sustainability Oce to assess impact, priority and relevance.

Leadership

shown in the following gure), including emerging issues that are not well understood. It is reective of international norms and good practice, including the Universal Declaration of Human Rights, ILO International Labour Standards, OECD Guidelines for Multinational Enterprises, OHSAS 18001, ISO 14001 and SA8000.

RBA engages stakeholders from across business, governments, civil society, investors and academia to gather the necessary range of perspectives and expertise to review and

update the Code year-onyear. This forward-thinking approach helps us apply the precautionary principle, look beyond our legal obligations, deliver on our commitment to continually improve our performance, and ensure we live and breathe our company values. The Code is reected in our internal policy framework, standards, audit processes and contractual agreements with suppliers. It drives our business and sustainability strategy and informs decision-making.

At Logitech, sustainability is not a buzzword or an afterthought. It’s a mindful principle that we infuse into everything we do.

Logitech Sustainability Report FY20 21

• Freely Chosen Employment

• Young Workers

• Working Hours

• Wages and Benets

• Humane Treatment

• Non-Discrimination

• Freedom of Association

• Business Integrity

• No Improper Advantage

• Disclosure of Information

• Intellectual Property

• Fair Business, Advertising and Competition

• Protection of Identity and Non-Retaliation

• Responsible Sourcing of Minerals

• Privacy

LABOR

RBA

CODE OF

CONDUCT

HEALTH

ETHICS

ENVIRONMENT

• Environmental Permits and Reporting

• Pollution Prevention and Resource Reduction

• Hazardous Substances

• Energy Consumption and Greenhouse Gases

• Solid Waste

• Air Emission

• Materials Restrictions

• Water Management

SAFETY

AND

• Occupational Safety

• Emergency Preparedness

• Occupational Injury and Illness

• Industrial Hygiene

• Physically Demanding Work

• Machine Safeguarding

• Sanitation, Food, and Housing

• Health and Safety Communication

Company Commitment

Management Accountability and Responsibility

Legal and Customer Requirements

Risk Assessment and Risk Management

22 Logitech Sus tainabilit y Report FY20

Improvement Objectives

Training

Communication

Worker Feedback, Participation and Grievance

Audits and Assessments

Corrective Action Process

Documentation and Records

Supplier Responsibility

Sustainability at Logitech

continued

Introduction Products and

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People and society

About this report

In December 2019, we joined the Science-Based Targets Initiative (SBTI) and committed to support the Paris Agreement and develop science-based carbon reduction targets to deliver our ambitious 1.5°C climate pledge.

Climate change caused by human activity is one of the biggest challenges of our generation. With our commitment to the 1.5°C climate pledge, we stepped beyond both legislative and RBA Code requirements to take on a leadership position around this challenge. Our

1.5 degree pledge is driving us to quantify our environmental impact in terms of our corporate carbon footprint and apply a design-thinking approach to reduce our footprint; use renewable electricity and materials; and restore climateimpacted communities.

Design thinking is at the center of everything we do. We believe the design-thinking approach can be applied to everything, including sustainability. As an award-winning design company, we are making a pledge to future generations, to use our leadership in design to not only to create great customer experiences, but also to do so in a way that is sustainable for the planet and good for society. When we look at our business, products and activities through this lens, we know we can design processes

and product experiences for sustainability, and improve every aspect of our operations. When we couple this way of thinking, with our engine for innovation and commitment to carbon transparency, we believe we can make a meaningful contribution to global eorts to enable more sustainable lifestyles and catalyze our sector’s transition to a more sustainable, low carbon pathway. We are working to map our handprint and footprint to the Sustainable Development Goals, to identify the areas where we can make the greatest contribution to development issues.

External Initiatives and Memberships

We believe collaboration across our sector and multi-stakeholder engagement is required, to catalyze society’s transition to a more sustainable future. In recent years we have taken a more overt approach to demonstrating our commitment to Sustainability. In doing so, we decided to be more vocal. Since then, we have strengthened our existing involvement in external initiatives and membership associations and adopted a number of new membership initiatives and reporting standards A full description of the initiatives and associations we currently participate in, and some of our key reporting standards, is provided overleaf.

Design at Logitech is a 360-degree process, beyond the look and feel of a product. From your day in the oce, to a run on the trail, to how you enjoy your favorite games and music, great design is much more than the sum of a product’s parts; it is about how each experience ts in our lives and adds something new and valuable.

Alastair Curtis, Chief Design Ocer at Logitech

Logitech Sustainability Report FY20 23

Sustainability at Logitech

continued

REPORTING STANDARDS AND SUSTAINABILITY PARTNERSHIPS

The Carbon Disclosure Project (CDP) is an international organization providing a global, standardized system for companies to disclose and share carbon, energy and environmental information

The Global Reporting Initiative (GRI) is a nonprot organization that promotes one of the world’s most prevalent standards for sustainability reporting - the GRI Standards

The Information Technology Industry (ITI) Council is an advocacy and policy organization for the technology sector. Through its regional and topic-specic committees, ITI provides members with information, insights and diverse perspectives on developing policy frameworks and regulatory changes around the world.

WHAT THIS PARTNERSHIP MEANS FOR US

We leverage the CDP platform to report our energy and climate performance publicly, via the Climate Change questionnaire and to respond to customers via the CDP Supply Chain questionnaire.

By sharing our performance in this best practice way, we work to galvanize sector-wide transparency and credibility.

We are committed to, and working towards, full alignment with Core GRI standards to enable enhanced transparency, credibility and accountability in reporting.

We participate in ITI’s regional committees as well as topic-specic committees on Environmental Policy, Environment and Sustainability, Privacy and Cybersecurity, Energy Eciency, Procurement, Product Stewardship and Regulatory Policy.

The National Minority Supplier Development Council (NMSDC) matches certied minority-owned business enterprises (MBE) in the United States with corporate member companies and builds MBE capacity and capabilities through programs and other educational oerings.

The Organization for Economic Co- operation and Development (OECD) is an international economic body of 37 countries dedicated to stimulating economic progress and world trade.

The OECD Due Diligence Guidance for

Responsible Supply Chains of Minerals from Conict-Aected and High-Risk Areas sets out best practice guidance for

companies to respect human rights and avoid contributing to conict through their mineral purchasing decisions and practices.

The Responsible Business Alliance (RBA), formerly EICC, is a non-prot coalition of companies committed to improving social, environmental and ethical conditions in their global supply chain.

The RBA Code focuses on priority issues for the RBA membership including labor, environment, health and safety, ethics, management systems and human rights.

Through our membership of the NMSDC, we are working to develop our Supplier Diversity Program and connect with MBEs across the US, to diversify our supplier base.

We follow the OECD due diligence guidelines for supply chain due diligence specically around minerals from conict-aected and high risk-areas.

We joined the RBA in 2007 and our commitment to the RBA Code drives our business, sustainability and supply chain strategy. It informs decision-making and is reected in our internal policy framework, standards, audit processes, and contractual agreements with suppliers.

24 Logitech Sustainability Report FY20

Introduction Products and

the environment

People and society

About this report

REPORTING STANDARDS AND SUSTAINABILITY PARTNERSHIPS

The Responsible Minerals Initiative (RMI) is an industry initiative focused on responsible mineral supply chain of conformant smelters and reners for tin, tungsten, tantalum and gold. The RMI developed the Responsible Minerals Assurance Process (RMAP) which includes tools for members to use and leverages independent, third-party audit processes to identify conict-free smelters and reners.

The Responsible Labour Initiative (RLI) is a multi-stakeholder initiative launched by the RBA which is focused on ensuring that the rights of workers vulnerable to forced labor in global supply chains are consistently respected and promoted.

RE100 is led by The Climate Group in partnership with CDP. RE100’s mission is to accelerate a global shift to clean energy and zero carbon grids – delivering a cleaner, healthier future for all. RE100 members work together to advocate for 100% renewable electricity worldwide, in the shortest timeline possible, and work in partnership with others to address policy and market challenges

WHAT THIS PARTNERSHIP MEANS FOR US

Through our membership of the RMI, we gain access to tools and resources for our Conict Minerals due diligence program, including the Conict Minerals Reporting Template, Reasonable Country of Origin Inquiry data, and a range of guidance documents supporting responsible minerals sourcing.

Through our membership of the RLI, we gain access to tools and resources which support our Supplier Development due diligence programs including the Supplemental Validated Audit Process (SVAP) on Forced Labor.

We joined the RE100 initiative in November 2019 to collaborate with other industry leaders in pursuit of the global movement to catalyze uptake of 100% renewable electricity.

The mission of the Sustainability Accounting Standards Board (SASB) Foundation is to establish and improve industry-specic disclosure standards across nancially material environmental, social and governance topics that facilitate communication between companies and investors about decision-useful information.

The Science Based Targets Initiative (SBTI) is a partnership between CDP, the United Nations Global Compact (UNGC), World Resources Institute (WRI) and the World Wide Fund for Nature (WWF). SBTI denes and promotes best practice in science-based target setting with the support of a Technical Advisory Group. Signatories are required to set ambitious and meaningful carbon reduction targets, which are independently assessed to verify alignment with the newest science and recommendations from the Intergovernmental Panel on Climate Change (IPCC)

We are working towards full alignment with SASB standards to enable transparency, credibility and accountability in reporting - for our U.S. investors, in particular

By joining SBTI, we commit to a science-based approach to climate action and ambitious, bestpractice reduction targets for our Scope 1, 2 and 3 emissions. In our specic case, we have committed to the ambitious 1.5 degree pathway.

Logitech Sustainability Report FY20 25

Sustainability at Logitech

continued

REPORTING STANDARDS AND SUSTAINABILITY PARTNERSHIPS

The United Nations Sustainable Development Goals (SDGs) are a call

to action for bold breakthroughs across 17 development areas, by the year 2030. The aim of the SDGs is to push multistakeholder collaboration to improve quality of life, protect the environment, and foster equitable growth.

The aim of the Task Force on Climate- related Financial Disclosures (TCFD) is to develop voluntary, consistent climaterelated nancial risk disclosures for use by companies in providing information to investors, lenders, insurers, and other stakeholders.

The Task Force will consider the physical, liability and transition risks associated with climate change and what constitutes eective nancial disclosures across industries.

WeConnect International is a global network that connects women-owned businesses to qualied buyers around the world.

WHAT THIS PARTNERSHIP MEANS FOR US

Following on from our commitment to the SDGs last year we are working to map our handprint and footprint programs to the SDGs to identify the areas where we can make the greatest contribution to development issues

We are working towards full alignment with TCFD guidance, with the disclosure of relevant information in our annual CDP Report and Sustainability Report.

Through our membership of WeConnect, we are working to develop our Supplier Diversity Program and connect with women-owned businesses across the globe to diversify our supplier base.

The Women’s Business Enterprise National Council (WBENC) is the largest certier of women-owned businesses in the U.S. and a leading advocate for women business owners and entrepreneurs.

Evaluation of the management approach

We employ a number of mechanisms to evaluate our management approach.

•

Via the Sustainability

Oce, as described above,

we routinely review the purpose, scope and value

Through our membership of WBENC, we are working to develop our Supplier Diversity Program and connect with women-owned businesses across the US to diversify our supplier base.

of sustainability proposals and how they align with our overall commitments and potential to deliver our vision for a better future, as well as the eectiveness of our management approach and our allocation of resources to priority goals and targets.

•

With our External Factors

Review (EFR) process, we

review publicly available sources of information - to evaluate external perspectives of our management approach and sustainability performance and identify new or emerging expectations for our sector or our own organization,

26 Logitech Sustainability Report FY20

Introduction Products and

the environment

People and society

About this report

as well as opportunities for long-term reputational value or reputational risks. Insights from the EFR process inform decision-making with respect to our management approach, including our stakeholder engagement strategy, sustainability reporting, and sustainability strategy.

•

At our production facility, we

participate in third-party

audits, which evaluate our

management approach and performance in relation to RBA Code requirements, as well as ISO14001 Audits, OHSAS

THIRDPARTY RATINGS

18001 and ISO9001 standards. As part of these audits, thirdparty auditors evaluate our management approach and performance in relation to RBA Code compliance topics, environmental best practice and health, safety and quality.

•

As part of annual

Sustainability Reporting,

we review the scope and performance of our footprint and handprint programs, evaluate performance to determine how best to evolve each program for the forthcoming year. We

also review and refresh our policy framework to identify opportunities for further improvement and evaluate the extent to which new policies may be required or helpful, to strengthen our management approach. Following on from annual sustainability reporting, we submit our Sustainability Report to a large number of

third-party rating platforms

who review and rate our performance and provide useful feedback, which informs our planning for the forthcoming year.

TOP 5%

LISTED ON INDEX

“AA R ATED*”

“GOLD” RATING

RATED: LEADER

5th out of 145 tech companies

for overall sustainability

LISTED ON INDEX

SXI Switzerland

Sustainability 25

(R)

performance

*The use by Logitech of any MSCI ESG Research LLC or its Aliates (“MSCI”) data, and the use of MSCI logos, Trademarks, Service Marks or Index Names Herein, do not constitute a sponsorship, endorsement, recommendation or promotion of Logitech by MSCI. MSCI Services and data are the property of MSCI or its information provides, and are provided ‘As-Is’ and without warranty. MSCI names and logos are trademarks or service marks or MSCI.

2020 OVERALL WINNER

in Consumer Technology

category

Logitech Sustainability Report FY20 27

STAKEHOLDER ENGAGEMENT

Transparent stakeholder engagement helps us build and maintain long-lasting relationships with the people who care about our activities and business success.

We acknowledge and support the continued demand for the technology sector to be transparent and disclose pertinent information

Transparency and engagement in all aspects of business align with our company culture of being open to new ideas and collaborative by nature. We look to foster an environment where we receive and provide candid and constructive feedback and share insight, to help us continually improve.

We subscribe to the Global Reporting Initiative (GRI) denition of a “Stakeholder Group”, and identify stakeholders as entities or individuals that can be reasonably expected to be signicantly aected by our activities, products and services; or take actions that aect our ability to successfully implement strategy and achieve objectives

As part of our most recent Materiality Assessment process, and in accordance with the GRI Principle of Stakeholder Inclusion, we have identied six broad stakeholder groups with views and perspectives relevant to our activities:

•

Customers, consumers and the public

•

Employees

•

Regulatory authorities

•

Shareholders/Investors

•

Special interest groups

•

Suppliers & Business Partners

Informal engagement with each of the identied key stakeholder groups occurs throughout the year. Our engagement approach for each Stakeholder Group is outlined in the following table, along with a summary of the key “Topics of Discussion,” which are typically raised by each Stakeholder Group.

Our engagement activities to date indicate no signicant concerns with respect to our sustainability approach and performance. Broadly speaking, stakeholders tend to primarily focus on our product performance and economic performance. Queries in relation to sustainability performance tend to relate to requests for evidence of product compliance and queries or surveys by investor advisory rms.

This report provides an overview of our current approach and performance in relation to material aspects of our sustainability management and performance. Additional information is available upon request.

28 Logitech Sustainability Repor t FY20

Introduction Products and

the environment

ENGAGEMENT STRATEGY TOPICS OF DISCUSSION

Customers, Consumers and The Public

We engage with customers, consumers and the public via social media platforms, website and online community. We regularly communicate information to the public via press releases, blogs, media events and direct outreach. We receive feedback, directly from consumers and also via our network of business partners, including retailers and distributors. We monitor satisfaction ratings, for any customers who engage with our Customer Experience team, using industry-standard Net Promoter Score method. Our FY19 NPS score was 50.

Historically we have had a culture of “do, then say”, but in FY20 we made public commitments to consumers and the public, in relation to two key topics of sustainability

Commitment with Climate Action: In FY20, we declared our commitment to future generations by setting ambitious sustainability goals for our products, packaging, and operations. We announced our support of the Paris Agreement, pledging to limit our carbon footprint to support the ambitious 1.5°C goal and to be powered exclusively by renewable electricity by 2030. This commitment represents a transformational but

People and society

•

Product performance, including

About this report

warranty process

•

Customer satisfaction

•

Product features

•

End-of-life recycling

•

Hazardous substances (RoHS,

REACH)

•

Responsible manufacturing

•

Product Energy Eciency

•

Use of packaging

•

Giving back

•

Energy and Climate Action

natural next step in our sustainability journey. Finally, we committed to expand beyond carbon-neutral operations to carbon-neutral products. All Logitech gaming products are now certied CarbonNeutral®, with additional product portfolios to follow.

Carbon Transparency: This year, we pledged to provide carbon impact labels on product packaging across our entire portfolio. We made this commitment, to engage and empower consumers with sustainability information and enable carbon-cognizant purchasing decisions. With this pledge, we hope to catalyze an industry-wide shift to lower carbon products and reduced impact on the environment. Please refer to the Carbon Transparency section of this report, for further information on this exciting new commitment.

Employees

As a global company with a small company attitude, we endeavor to create an opendoor environment, where employees feel they can interact at every level without hierarchy or bureaucracy. For example, our CEO invites all new hires to share ideas with him directly, about their rst impressions on how we can make the company better. We also launched an online CEO Comment box in 2020, for employees to share ideas or concerns anonymously and unltered. Senior Leaders and content experts regularly host “Ask Me Anything” sessions, where no question is o limits and questions can be raised anonymously, in real time.

Annual roadshow events are conducted for each region to discuss the company’s priorities and ensure employees understand how their role aligns to company objectives, while also allowing employees’ to share their views, questions and concerns directly with senior leaders. This year, in response to Covid-19 and also in line with our intent to support streaming and broadcasting, we held virtual roadshows to educate and inspire despite employees sheltering in place. In line with our commitment to transparency, all videos, presentations and questions raised were hosted on our company intranet, facilitating further employee views, comments and ongoing engagement.

We have always been an open culture, free to share ideas and feedback. In FY20 we wanted to capture employee perspectives with a unique, twice-yearly survey, which not only identied what we do well and where we can work to improve, but also resulted in personalized, ongoing coaching of individuals across Logitech via regular prompts of

•

Employee benet and

compensation oerings

•

Employee development

opportunities

•

Company strategy and

priorities; vision and values

•

Company commitment

to social and

environmental issues

•

Corporate philanthropy

and individual/team

charitable opportunities

Logitech Sustainability Report FY20 29

Stakeholder Engagement

continued

ENGAGEMENT STRATEGY TOPICS OF DISCUSSION

how small actions can have big impacts. The percentage of employees participating in the December survey was 87%. We also capture a “Happiness Index” within the survey where 89% of employees responded favorably to the questions which constitute the Happiness Index, in our December survey.

At our production facility, we conduct regular team meetings and utilize mobile chat, to share company news and leadership updates in local language. More formally, we conduct periodic worker interviews to further collate and understand employee views, provide suggestion boxes and an anonymous whistle-blowing mechanism, which employees can use to submit comments, condentially.

•

Regulatory Authorities

As a global company, we respect international and domestic laws in the countries in which we operate. Our global Sustainability team is supported by legal experts who monitor developing legislation and standards across the globe, relevant to current and planned activities.

We also report information to relevant authorities, including nancial reports and other sustainability-related performance reports. Key regulatory authorities include, but are not limited to, the Chinese Ministry of Environmental Protection (for our production facility in Suzhou, China) and the U.S. Securities and Exchange Commission (for nancial rep ortin g).

Hazardous substances

(RoHS, REACH)

•

Compliance with

environmental permits

•

Legal compliance reporting

•

Conict minerals

•

End-of-Life

stewardship reporting

Shareholders / Investors

Engagements are managed by our Investor Relations team and include our Annual General Meeting, routine conferences and briengs and direct engagements. Annual nancial statements, Investor Reports and other pertinent information is shared via the Investor Page of our website.

A number of investor advisor groups monitor and report our sustainability performance to potential and existing investors and engage with us when undertaking their periodic sustainability assessments.

At our Analyst and Investor Day, we presented the acceleration of Logitech’s sustainability impact and commitments, to a global audience.

Special Interest Groups

Special Interest Groups can include industry bodies, Non-Governmental Organizations (NGOs) and other groups with particular interest in certain aspects of sustainability performance. We are members of the Responsible Business Alliance (RBA). The RBA identies Special Interest Groups of relevance to our sector and helps guide engagement processes governed by Chatham House Rules. Page 24 provides an overview of the key industry initiatives and industry bodies that we maintain membership in. We consider the public views of a number of Special Interest Groups, as part of the External Factors Review and Materiality Assessment underpinning this Sustainability Report. Please refer to the Materiality Assessment section for further information.

• Financial performance

• ESG (Environment, Social and Governance) performance

• Energy and climate action

• Sustainability reporting

• Supply chain management

• Sustainability performance at our production facility

• Supply chain management

• Energy and climate action

• Worker safety, health and wellbeing

• Human rights and labor

30 Logitech Sustainability Report FY20

Introduction Products and

the environment

ENGAGEMENT STRATEGY TOPICS OF DISCUSSION

People and society

About this report

Suppliers & Business Partners

We regularly liaise with distributors, retailers and other business partners, to understand customer needs and ensure products are brought to market in a manner that reects our sustainability expectations and good practice requirements.

We audit our major suppliers a minimum of once a year and adopt a partnership model, which engages suppliers in collective brainstorming, to co-develop solutions. Sustainability performance requirements are communicated and embedded into contractual arrangements with suppliers. Facing the challenging context of COVID19, we continued to prioritize supplier engagements with our annual Supplier Day taking place as virtual sessions, to set sustainability expectations and engage in dialogue and transparent Q&A. In our May 2020 suppliers meeting, we presented our approach to pervasive sustainability and our expectations of our partners for carbon reduction, renewable electricity carbon reporting and overall designing for sustainability.

• Ethical code of conduct

• Responsible marketing and product labeling

• Responsible manufacturing

• Hazardous substances (RoHS, REACH)

Logitech Sustainability Report FY20 31

MATERIALITY ASSESSMENT

We focus on the issues that really matter. Our Materiality Assessment helps us make sure we continue to focus on the areas where we can have the most meaningful impact and also the areas of greatest interest to our stakeholders.

MATERIALITY ASSESSMENT PROCESS

ESTABLISH THE CONTEXT

Materiality assessment

COMMUNICATIONS

AND CONSULTATION

Our materiality assessment process reects GRI101, GRI102 and GRI103, as well as ISO 31000 (i.e. the international good practice standard for risk and opportunity identication, analysis and management). The overall process is shown in the gure above and the key steps can be summarized as follows.

Identify

Analyze

Evaluate

Report

MANAGE

Establish the context

To establish the context of this report and our materiality assessment, we carry out an External Factors Review of publicly available data sources, to understand current good practice standards or benchmarks, stakeholder perceptions, and societal views,

AND MANAGE CHANGE

MONITOR, REVIEW

relevant to our sector. The EFR process is a year-round process, with information and insights gathered, as they arise, over the course of the year. A concerted and systematic review of the information is carried out in tandem with sustainability reporting each year.

32 Logitech Sustainability Report FY20

Introduction Products and

the environment

People and society

About this report

We engage with stakeholders directly and indirectly, as described in the Stakeholder Engagement section of this report. Our approach takes into account emerging and evolving sustainability trends and material stakeholder concerns as reported by the public, media, thought leaders, stakeholders, risk alert services and business partners. We identify existing and emerging megatrends relevant to our sustainability performance and these megatrends establish the context for this report.

In each section of this report, we report our performance in relation to broader concepts of sustainability, previous generations of product or historic performance and relative to good practice standards and expectations, which we commit to uphold.

Identify

To identify issues of concern, we review existing, sectorspecic materiality frameworks, which have been compiled by independent third-parties, following multi-stakeholder interview and engagement exercises. Examples include those compiled by the Sustainability Accounting Standards Board (SASB) and the Global Reporting Initiative (GRI). In addition, we review the Sustainability Report of peer companies, to identify emerging trends, stakeholder expectations and material issues, which have been identied by peer companies in our sector or comparable sectors. We also review any information requests,

surveys or queries received during the preceding year from each of our Stakeholder Groups. This helps us streamline the communication of pertinent information, by integrating any new data that was generated during the year, into the report so that all relevant information is consolidated and consistent in one report.

Analyze

As an outcome of this process, we typically identify a wide range of sustainability issues, which warrant further consideration. The key issues are clustered into groups (“Sustainability Topics”) and the nomenclature of each group is simplied, to ensure the meaning can be broadly understood and resonates with our stakeholders. Each topic is then analyzed and scored to identify those of material interest.

When analyzing and dening materiality, we considered two key dimensions, as advised by GRI:

• Dimension X: Potential

for Sustainability Impact: areas where we have a meaningful and signicant economic, environmental and social impact; and

• Dimension Y: Stakeholder

Importance: aspects of our performance that are important to stakeholders and could inuence their assessment of our performance or decision-making.

When assessing Dimension X (Potential for Sustainability Impact), we consider our:

•

alignment with our purpose,

values, goals and standards;

•

our business model and

associated level of inuence and potential for impact;

•

our innovation potential and

capabilities around design, engineering, supply chain and product development;

•

our potential to make a

meaningful contribution to important global movements towards sustainability and megatrends in societal expectations;

•

our capacity to enhance

user experience, including the sustainability experience of our customers and consumers, in particular; and

•

opportunities for value

creation, beyond nancial value e.g. compliance assurance, innovation, market dierentiation, reputational value and brand equity.

When assessing Dimension Y (Stakeholder Importance), we consider the views and perspectives of each of our six Stakeholder Groups. We consider

•

comments views and

information requests submitted to Logitech directly;

•

information gathered while engaged in continual collaboration with various stakeholder groups as described in the Stakeholder

Logitech Sustainability Report FY20 33

Materiality Assessment

continued

Engagement section and as part of our industry memberships (see pxx); and

•

broader stakeholder views

and interests in our sector as a whole, as identied as part of the External Factors Review process.

Evaluate

The resulting scores are evaluated from low to high, to make an overall determination of materiality. Not all material topics are of equal importance, and the emphasis within this report reects their relative priority.

Report

The result of the materiality assessment process is reported in the following gures. The rst

gure shows the materiality of specic Sustainability Topics. The second gure shows the value chain boundary for each topic.

Typically, each sustainability topic is reported in a report section with the same name. Three notable exceptions were made, to avoid duplicate reporting of some cross-cutting topics:

Water in our own operations and waste in our own operations is addressed in the Responsible Manufacturing section of this report, along with other aspects of environmental performance. Health and safety performance in both our factory and oces is reported in the Safety, Health and Wellbeing section;

Human Rights and Labor in our own production facility is addressed in the Human Rights

and Labor section of this report. All other aspects of supplier sustainability performance (including social, environmental, health, safety. ethics and human rights performance) are reported in the Supplier Development section.

Where relevant, the scope of each report section is clearly dened and cross-sections to additional, related sections are highlighted and included. A GRI and SASB Index is also available from our Reports and Resources Webpage, to show where specic GRI/SASB metrics are reported.

MATERIALITY ASSESSMENT

High

Responsible

manufacturing

Safety, Health and Wellbeing

Water use in our

own operations

Waste in our

Low

STAKEHOLDER IMPORTANCE

own operations

Low High

POTENTIAL SUSTAINABILITY IMPACT

34 Logitech Sustainability Report FY20

Human rights

and labor

Privacy and

Security

Conict

Minerals

Giving

Back

Diversity and

Inclusion

Talent

development

Ethics

Supplier development /

Responsible Sourcing

End of Life

Recycling

Climate Action

Responsible

Products &

Packaging

Carbon

Transparency

VALUE CHAIN BOUNDARIES FOR MATERIAL ASPECTS

Introduction Products and

VALUE CHAIN

Supply Chain Logitech

the environment

Manufacturing

People and society

Sales & Distribution

About this report

Product Use Product

End-Of-Life

Ethics

Safety, health and wellbeing

Human rights and labor

Diversity and inclusion

Supplier development

Talent Development

End-of-life recycling

Climate Action

MATERIAL ASPECTS

Conict minerals

Privacy and Security

Responsible products

Responsible manufacturing

P P

P P P P P

P P

Giving back

Carbon Transparency

P P P P P

Logite ch Sustainability Report FY20 35

PRODUCTS AND THE ENVIRONMENT

36 Logitech Sustainabilit y Report FY20

Introduction Products and

the environment

People and society

About this report

Logitech Sustainability Report FY20 37

Everything we make has an impact on the world. We pledge to future generations that we will use our resources and leadership to make a positive and sustainable impact.

Prakash Arunkundrum Head of Global Operations

38 Logitech Sustainabilit y Report FY20

Introduction Products and

the environment

People and society

About this report

For us at Logitech, sustainability is pervasive across all our activities and a reection of our culture. We are reimagining product design throughout all lifecycle phases. Since last year, we have made multiple forwardlooking public commitments and made good progress with our key environmental goals of improving carbon, toxicity and circularity of our products and our operations. You will see many examples of this progress throughout this report.

Our climate actions eorts are focused on 3R’s - Reduce, Renew and Restore. Our goal is to Reduce our carbon footprint in support of the 1.5 °C goal to reduce global warming; Renew our footprint by using

100% renewable electricity;

and what we are not able to reduce or renew we will Restore through investments in forestry while supporting climate-impacted communities.

To achieve our carbon reduction

goal we have developed a number of lifecycle carbon, sustainable material and circularity analysis toolkits to inform and measure our progress. Our design for sustainability principles are integrated into our product development process. We have invested in new materials development and advanced sustainability research, in partnership with industry groups and academic institutions. These investments are helping us transition from product-level improvements to platform-level transformations.

We are increasingly using postconsumer recycled plastic resins in our products to create more circular supply chains and lower our product carbon footprint. We have established several packaging design principles to remove plastics and reduce weight, and are

(R)

moving to FSC

-certied paper

and vegetable-based ink.

88% of our global electricity demand is now sourced from renewable sources, nearing our RE100 commitment of 100% renewable electricity and we are working with our partners to make similar progress. We eliminate 131 tons of PVC contributing to our goal to be 100% PVC-free. We are 98% to our goal of complete conict mineral certication and already at 100% for tungsten and tantalum. Last year we established a global recycling standard for end-of-

life devices and have directly enabled recycling of over 50,000 tons of devices since CY10.

Our entire gaming portfolio, corporate travel, and our production facility are carbon neutral. We took this a step further by becoming the rst consumer electronics company to commit to carbon transparency. We will share the

lifecycle carbon footprint of all our products to drive better design decisions internally and for our consumers to better understand their carbon consumption. We are advocating for our industry peers to join us in carbon transparency and

will share our know-how.

Externally, our approach is resonating with the industry and partners. The UN- sponsored World Benchmark Alliance has included Logitech in the SDG2000, a list of companies with the greatest potential to inuence a more sustainable future. In 2019 and again in 2020, we won the World Finance Magazine Sustainability Award for our sector. We are also listed as a Leader in technology by Sustainalytics and maintained our inclusion on the FSTE4GOOD Index and Swiss SIX Sustainability Index as one of the "top 25 most sustainable Swiss companies.”

For the rst time in an interconnected world, we witnessed the impacts of a global pandemic. In this time, I have seen how we as humans can adapt and positively improve our life on this shared planet. This sustainability report stands to reect a mix of what we have done, what we are committed to doing, and how we will act to help others along the way. We know there is much to do. We remain committed to sharing openly and to learn from others. I invite you to write to us with any comments or suggestions you may have for us at sustainability@logitech.com.

Thank you

Prakash Arunkundrum

Head of Global Operations

Logitech Sustainability Report FY20 39

DESIGN FOR SUSTAINABILITY DfS

Our goal is to design products that deliver great user experiences while minimizing our environmental footprint and enhancing our positive social handprint. For us, a truly sustainable design considers environmental and social impacts from the moment raw materials are sourced right through to end-of-life.

ECO DESIGN

Reduce the

environmental impact

At Logitech we use Design for Sustainability (DfS) as an umbrella term to include ecodesign, circular design and social design.

CIRCULAR

DESIGN

Keep materials in

use – beyond linear

consumption

of products

SOCIAL DESIGN

Deliver

social good

Ecodesign is focussed on

impact reduction through the design of lighter, more ecient products and packaging that use lower impact materials and that require less energy to source, manufacture, distribute and use.

The environmental impact of the K400 Professional is reduced through the use of post-consumer recycled plastic.

40 Logitech Su stainabilit y Report FY20

Circular design is focused

on the goal of ensuring that products that are loved and last for as long as possible by optimizing for longevity, repairability, reuse and, eventually, recycling at end of life.

The C40 TR Controller delivers an extended product life by being designed for durability and repair.

Social design considers the

positive social impact of our products - this goes beyond the traditional user experience concerns to engage with the role our products can have in empowering positive change.

The Adaptive Gaming Kit has a positive social impact by improving accessibility to gaming for users of all abilities.

Introduction Products and

the environment

People and society

About this report

Our Design Process

We realize that the biggest opportunities to reduce environmental impact arise early in the design process, when key decisions about a product are made. So we have integrated environmental impact assessment processes at the front end of product development.

Sustainability is tracked at project gates

Gate 0 Gate 1 Gate 2 Gate 3

In FY20 we updated our design process to incorporate environmental targets alongside other traditional product development goals like cost, user experience and technical feasibility.

Sustainable Design Principles

Incorporating design for sustainability into product

development involves navigating the complex intersections of technical product performance, user experience, business viability and environmental and social impacts. In FY20 we established 15 key sustainable design principles to guide product teams working to meet our goals for sustainability.

EXPLORATION

DEVELOPMENT

OPPORTUNITY TO REDUCE IMPACT DECREASES

In our design process, the environmental performance of a design direction relative to its target is made visible at each project gate.

CONCEPT

PRODUCT

DEVELOPMENT

COMMERCIAL

IZ ATION

Logitech Sustainability Report FY20 41

Design for Sustainability (DfS)

continued

Sustainable Design Principles

OPTIMIZED ARCHITECTURE

EFFICIENT MANUFACTURING

LOW USE PHASE ENERGY

PRODUCTS THAT LA ST

EFFICIENT

DISTRIBUTION

LOW IMPACT PACKAGING

BETTER

MATERIAL S

LOW IMPACT

COMPONENTS

RECYCLABILITY

THE LOOP

RIGHT TO REPAIR

EMOTIONAL DURABILITY

Minimizing our

environmental

footprint

42 Logitech Sustainability Report FY20

SOURCING

TRANSPARENCY

CONTRIBUTION

POSITIVE

DESIGN FOR SUSTAINABILITY

DFS

BEYOND

HARDWARE

Enhancing our social handprint

Introduction Products and

the environment

People and society

About this report

Measuring Sustainability

We translate the likely environmental performance of our designs into carbon, toxicity, circularity and other key indicators which are then used to guide design decisions. Tracking, these metrics across our product portfolio allows us to gauge our progress and to set meaningful

targets for environmental impact reduction.

To support decision-making during the design process we have developed internal guidelines, tools and calculators. More detailed insight into two example tools is given on the following page.

CIRCULARITY

CARBON

kgCO2e

TOXICITY

kgCTUh

Logitech Sustainability Report FY20 43

Design for Sustainability (DfS)

continued

TOOLS

PRODUCT IMPACT CALCULATOR

In FY20 we developed a Product Impact Calculator using standardized LCA data for our commonly used materials and components. This tool presents a quick snapshot of competing design directions very early in the design process enabling our design teams to rapidly assess product architectures and make choices to improve a product’s environmental performance.

Carbon impact assessment

A carbon impact assessment example between two competing design directions

1.00

0.75

0.50

0.25

Relative estimated carbon impact

0.00

Optimized

design

Reference

design

Dongle

Battery

PCB

Cables

Elastomers

Rigid plastics

Metals

CIRCULATORY ASSESSMENT TOOL

In FY20 we established our Circulatory Assessment Tool as a semi-quantitative scoring system for the circularity of a design. It captures how a product is likely to perform in terms of longevity, reuse and recyclability. The tool was developed to reect stakeholder views, legal megatrends, good practice standards such as Epeat, IEEE 1680.1, ECMA 341 and international eco-labeling systems including Blue Angel, EPEAT, EU ecolabel and others.

Circularity assessments

Our Circularity Tool allows us to quantify how well a particular product architecture performs early in the design and allows us to focus on areas for improvement.

0.31

0.40

CIRCULARITY

INDEX = 0.69

0.17

0.12

Design

for longevity

Design

for reuse

Design for

recycling

Remaining

circularity potential

44 Logitech Sustainabilit y Report FY20

Introduction Products and

the environment

People and society

About this report

PRODUCT

LIFECYCLE

LCA Capability

Our DfS tools are grounded in a life cycle approach to the impact of our products. We describe our product life cycles as being divided into ve stages as shown below.

The ability to measure the impact of our products across the lifecycle is underpinned by our internal Life Cycle Assessment (LCA) capability which is guided by International Standards ISO 14040 and ISO 14044.

Throughout FY20 we have partnered with the iPoint Group, which are internationally recognized

leaders in LCA, to advance this capability even further by;

•

evolving our insights into the impact of materials, components and processes not currently included within commerciallypublished LCA datasets.

•

Diving deep into specic focus areas to rapidly assess the environmental impact of a new technologies for which published data may not already exist

•

building a standardized approach to the lifecycle modeling of our products to bring eciency and transparency to our LCA capability.

We enjoy working with Logitech’s highly motivated team and are impressed by their ambitious commitment to bring carbon transparency for their consumer electronics to the next level.

Martina Prox, Sustainability Strategy at iPoint

Life cycle assessment

G PRO

WIRELESS

G213

BOOM 2

1 Sourcing

2 Assembly

3 Distribution

4 Use

Logitech Sustainability Report FY20 45

5 End-of-life

Design for Sustainability (DfS)

continued

iNEMI Collaboration

At Logitech we recognize that collaboration amongst industry and academic/research institutions is critical. Throughout FY20 Logitech contributed to the International Electronics Manufacturing Initiative (iNEMI) eco-impact estimator project. iNEMI is a not-for-prot R&D consortium of approximately 90 leading electronics manufacturers, suppliers, associations, government agencies and universities. Over the past decade the iNEMI industry consortium has worked to develop and improve an eco-impact estimator for the ICT (Information and Communications Technology) sector, based on a simplied approach. Together with other leading electronics companies, Logitech has contributed to this eort by providing time, data and technical input and feedback.

BETTER MATERIALS

At Logitech, the selection of materials for the design of a product is informed by environmental impact alongside the traditional considerations of cost, technical performance and user experience. Our insights into top selling products help us to understand that plastic and metals are among our top utilized product materials by weight. These insights allow us to focus our energy and attention on material sets which have the potential for most positive impact.

Sustainable Materials Roadmap

From our LCA work we know that our sustainability ambition demands more than what many currently available materials can oer. So, in FY20 we built a cross-functional working group to develop a roadmap

Our starting point in the collaboration with Logitech was the premise that putting sustainability at the front-end of the design process should trigger opportunities to realize the potential of materials.

Chris Lefteri, Director, Chris Lefteri Design Ltd

Breakdown of Top Selling Products (By Weight)

1 Plastic parts 38% 2 Paper packaging 32% 3 Metal 13% 4 Cables 5% 5 PCB 4% 6 Plastic packaging 3% 7 Batteries 3% 8 Rubber 1% 9 Other 1%

46 Logitech Sustainability Report FY20

Introduction Products and

the environment

People and society

About this report

of sustainable materials for the future of Logitech products.

The expertise that was needed required input from teams both inside and outside Logitech. External partners involved in this program included design studio Chris Lefteri Design and Advanced Materials and BioEngineering Research Center AMBER. This working group took environmental sustainability as a starting point and injected technical, design and supply chain perspectives to identify promising available and emerging rigid plastics, elastomers and fabrics. The materials identied by this program are now being trialed for implementation in upcoming projects.

EPFL Collaboration

In April 2020, we joined with Nestlé, SIG and other industry players, to fund research into more sustainable materials at

EPFL, the Swiss Federal Institute of Technology in Lausanne, Switzerland. Together with other industry players, we have committed to providing ve million Swiss francs over ten years. The funding will support a new chair for sustainable materials research within EPFL’s Institute of Materials. The chair, to be appointed as a tenuretrack assistant professor, will be responsible for developing and implementing a new research program on sustainable materials at EPFL. Research areas of interest will address critical questions, such as the overall environmental impact of materials and the exploration of bio-based, bio-degradable and recyclable materials, including high-performance paper-based barrier materials, that could help to address environmental concerns about plastic packaging, and more.

We are excited to collaborate with EPFL and other industry players to deliver breakthrough research into more sustainable materials. We will collectively fund research by providing ve million Swiss francs over ten years. This is the type of research that we need to meet the world’s critical, environmental challenges.

Prakash Arunkundrum, Head of Global Operations

Logitech Sustainability Report FY20 47

Case Study

Our Recycled Plastics Program

We want to make Logitech products more circular. Virgin materials should be avoided, in favor of renewable materials. We use post-consumer recycled plastic, to give a second life to end-oflife plastic and help reduce our carbon footprint.

This year, we continued to use PCR in the C930E webcam and M275 mouse that we launched last year, and we introduced an additional three Logitech products to our PCR portfolio: the K400 keyboard, the Hyperboom speaker and the M100 mouse.

K400 KEYBOARD HYPERBOOM SPEAKER M100 MOUSE

PCRABS

≥85%

Recycled

Content

FOUR WAYS TO ELIMINATE

VIRGIN PLASTIC

PCRABS

≥35%

Recycled

Content

PCRPC

≥50%

Recycled

Content

PCRHIPS

≥85%

Recycled

Content

Top case

Feet

Bottom

case

Keycaps

Other internal parts

Battery Bracket

Feet

Top Cap

Top Door

Grill

Housing

Bottom

Cap

Scrolling wheel

Keyplate

Top case

Bottom case

Feet

MATERIAL S

PCR Virgin Plastic

48 Logitech Sustainabilit y Report FY20

ESTIMATED CY19 SAVINGS

273t

of virgin plastic

eliminated with PCR

524t

carbon footprint

eliminated

Introduction Products and

the environment

People and society

About this report

RESPONSIBLE PACKAGING

Packaging is a critical component of our products - it is the rst touch-point for user experience and is key to delivering products to the market safely. Our goal is to optimize the sustainability of our packaging while also ensuring a great out-of-the-box experience.

We consider the sustainability of our packaging designs up-front in the packaging development process when key decisions about packaging materials and structures are being made. We analyze carbon, toxicity, water usage and recyclability of our materials across the full lifecycle to drive continuous improvement.

In FY20 we further evolved our packaging DfS capability in three important ways:

1. We released internal

sustainable packaging design guidelines. Drawing on international best practice, these guidelines help to drive a consistent approach to sustainable packaging design across our full portfolio.

2. We embedded the use

of Compass (packagingfocussed LCA software) within the packaging design process. This approach enables us to rapidly assess lifecycle carbon, water and other environmental indicators during each design iteration,

thereby driving signicant improvements in new packaging designs compared to previous generations.

3. We evolved our recyclability

guidelines. By working closely with our international recycling partners we have further developed our ability to optimize the recyclability of our packaging.

Our packaging is PVC-free and, wherever possible, we avoid other eco-toxic materials that inhibit recycling. We also carry out periodic packaging reviews to identify opportunities for optimization. In the last year, we identied and pursued a number of opportunities to reduce the size, plastics and weight of packaging in topselling products. These weight reductions were achieved through the use of alternative materials (primarily paper, to replace plastic), and improving packaging eciency. The following infographic provides a avor of some of the weight and carbon footprint improvements we achieved in FY20.

FY20

LAUNCH OF LOGITECH PACKAGING DESIGN GUIDELINES

NEW PRODUCTS LAUNCHED WITH

FSCCERTIFIED PACKAGING

Logitech Sustainability Report FY20 49

Responsible packaging

Total weight of packaging

continued

CASE STUDIES

Eco impact compared to previous generation

MX KEYS

Z906 THX SURROUND SOUND

G604

-51%

-97%

-69%

-74%

-10%

-9%

-8%

-96%

-32%

-46%

Total weight of Plastic packaging

Carbon footprint

Lifecycle water use

-69%

CARBON FOOTPRINT

62% INCREASE IN RECYCLABILITY

-10%

CARBON FOOTPRINT

-96%

TOTAL WEIGHT OF PLASTIC PACKAGING

104% INCREASE IN RECYCLABILITY

PRO GAMING HEADSET

MX MASTER 3

UE BOOM 3

UE MEGABOOM 3

-93%

-15%

-46%

-90%

-12%

-43%

-14%

-22%

-27%

-7%

-13%

-44%

-93%

TOTAL WEIGHT OF

PLASTIC PACKAGING

-90%

TOTAL WEIGHT OF

PLASTIC PACKAGING

-27%

LIFECYCLE WATER USE

-44%

LIFECYCLE WATER USE

50 Logitech Sustainabilit y Report FY20

Introduction Products and

the environment

People and society

About this report

Eliminating Virgin Plastic

Single-use virgin plastics is plastic which is designed to be used only once before being quickly disposed of. A staggering 80% of single-use plastic waste ends up in landlls or in the environment. While we have made signicant progress in recent years to eliminate singleuse virgin plastic, we recognize the need to step up our eorts. We implemented a number of key initiatives in FY20 to address this issue and we are working to

USB Unifying Receiver: In FY20, we reviewed the design of our USB Unifying Receiver. This product was originally packaged in a virgin plastic clamshell and we refreshed the packaging design to eliminate all plastic packaging, in favor of a 100% paper-based solution, using FSC-certied paper packaging.

develop further policy to guide our decision-making in this area.

Recycled Plastic in Clamshell Packaging: Over the last year, we have also transitioned a number of our plastic clamshells to post-consumer recycled (PCR) plastic. Our team of packaging engineers experimented with dierent percentages of virgin and recycled content to ensure the clamshell material continued to be suitable for our automated packaging process and no negative impact on

consumer experience occurred (the higher the recycled content, the more discolored and brittle the plastic can become). As a result, we replaced half of the plastic components in our mice clamshells with 30% PCR plastic, resulting in 550 tons/ year of virgin material replaced. While we are proud of this innovation, we also see the need to look at this further to explore brown box alternatives to clamshells, where appropriate.

IMPACT ASSESSMENT

OLD PACK

NEW PACK

Carbon

emissions

100%

50%

BETTER DESIGNED FOR SUSTAINABILITY

100%

Plastic

elimination

Zero

Virgin

plastic

100%

Paper based

packaging, FSC

certied mix

(R)

Lifecycle

Toxicity

70%

Reduction

in lifecycle

carbon

65%

Reduction

in lifecycle

toxicity

Logite ch Sustainability Report FY20 51

Water

use

54%

Reduction in lifecycle

water use

Case Study

Our FSC Program

Using FSC-certied packaging to supporting responsible management of the world’s forests.

Our FSC-certied program continues to grow each year. This year we continued to sell the MX Master 3 mouse (launched last year) and also launched the MX Keys keyboard and ERGO K860 keyboard with FSC-certied packaging. As we developed these products, we made every opportunity to eliminate virgin plastic and increase recyclability.

MX MASTER 3 MX KEYS ERGO K860

Pulp Tray

Accessory Sleeve

Inner Carton

Outer Sleeve

Palmrest

Sleeved box

Box

insert

External box

Product documents

Floor insert

Thermoform

MATERIAL S

FSC-certied packaging

52 Logitech Sustainabilit y Report FY20

ESTIMATED CY19 SAVINGS

Signicantly

reduced use of

virgin plastic

138tpa

FSC-certied

packaging

Introduction Products and

the environment

People and society

About this report

AVOIDING TARGETED SUBSTANCES

Manufacturing of computer peripherals and electronic devices requires a diverse mix of hundreds of parts, materials and components. The materials we use in our products are produced by a supply chain that extends across the world.

As a responsible company, we consider the full life cycle footprint and handprint of our products. We work with our suppliers to review material specications, test products and components, and identify potential risks to human health or the environment across the full life cycle of our products. We consider environmental impacts beyond our sourcing and manufacturing operations, taking into account typical end-of-life scenarios.

Product compliance is critical to our success as a company. Any non-compliance with legal requirements worldwide could potentially delay market access or damage our relationships with suppliers, and our reputation with customers.

To address these potential risks, we proactively monitor product compliance obligations relevant to the management of toxicity, including chemicals, materials and substances. Our global Sustainability team includes legal experts who work with external advisers to track developing legislation across the globe

and complete periodic External Factor Reviews (EFRs) to identify regulatory megatrends and stakeholder concerns regarding chemical toxicity worldwide.

In reality, our commitment to safe and non-toxic electronics extends beyond simply considering legal requirements. We proactively adopt policy positions that reect our commitment to the precautionary principle and preventative measures toeliminate, manage and control the use of certain “Targeted Substances” in our manufacturing process and products.

Our General Specication for the Environment (GSE), or “green procurement” standards

We formalized the prohibition and restriction of chemicals, materials and substances in 2002 with the introduction of our General Specication for the Environment (GSE) (i.e. green procurement) standards. These standards identify the substances that

we prohibit, restrict or require declarations for, as well as our labeling requirements. Compliance with our GSE is an explicit requirement in our supplier (contract) agreements for the procurement of goods and services. During FY20, all products on the market complied with our GSE requirements for the management of Targeted Substances.

Since 2002, our GSE standards have developed to reect evolving legal requirements, regulatory megatrends, benchmarking of peer company approaches, review of stakeholder concerns and international good practice, including IEC 62474 and the RBA Code of Conduct.

A summary of some of the key milestones in our GSE’s evolution is shown in the following gure. As shown, we regularly expand and evolve our GSE - to drive the reduction of our supply chain environmental footprint and drive the use of safer and more environmentallyfriendly alternative materials.

Logitech Sustainability Report FY20 53

Avoiding Targeted Substances

continued

GENERAL SPECIFICATION FOR THE ENVIRONMENT GSE DEVELOPMENTS

2003

Banned PVC in

rigid plastic

voluntary

2002

Banned asbestos, Restricted Ozone Depleting Substances, organic tin, AZO compounds, Cd, Pb, Hg, Cr6+, PBB, PBDE

legal developments: EU RoHS

2007

Added REACH SVHC substances & China RoHS substances

legal developments: EU REACH, China RoHS

2014

Introduced Restriction Policy for PolyAromatic Hydrocarbons (PAHs)

voluntary

2015

Updated GSE to align with EU RoHS 2015

Legal Developments: EU RoHS

2008

Updated GSE to reect international good practice e.g. EIA, JEDEC, JIG-101. Banned PVC in packaging; Restricted PFOA, PFOS and latex in product

voluntary

Introduced requirements for

declarations of compliance

& CE markings. Introduced

Phthalate Restriction Policy

legal developments:

EU RoHS Recast

2018

Updated GSE to reect Prop 65 restrictions

legal development: California Proposition 65

Restriction of PVC in external parts of New Product Introductions

voluntary

2009

Restricted formaldehyde

in composite wood

legal developments: ATCM

2011

2019

Introduced a new

GSE Standard for

post-consumer

recycled plastic

voluntary

54 Logitech Sustainability Report FY20

2020

Restriction of PFOA

Legal development: REACH

Introduction Products and

the environment

People and society

About this report

Testing & Auditing Standards

We have an established and systematic testing program, which includes sampling of Logitech products, components and manufacturing consumables on a regular basis to check and verify compliance with GSE requirements.

The scope of our testing program includes products, components and consumables produced at our own production facility and supplier manufacturing facilities.

Products and components are mechanically disjointed to the homogeneous level and tested in accordance with good laboratory

practice methods, including X-Ray Fluorescence (XRF) and Laboratory-based Chemical Analysis. Our approach allows us to demonstrate and declare single component traceability, full legal compliance and test reports for the homogeneous level, where appropriate.

In addition, we carry out periodic surveys of our suppliers to interrogate material use where pertinent e.g. when signicant changes to the SVHC list for REACH are introduced.

We have a robust supplier audit program, which includes auditing of supplier facilities to

check compliance with RBA Code requirements for materials management, compliance with hazmat legislation, and compliance with our green procurement standards. Both our product testing program, and supplier factory auditing program, include a corrective action reporting and remedy process aligned with RBA good practice requirements.

73%

REDUCTION IN TARGETED SUBSTANCES SINCE CY10

Targeted Substances

Average weight of Targeted Substances (g/unit)

Baseline year

21.5

CY10

-57%

9.2

-55%

9.6

107

CY12 CY14 CY16CY11 CY13 CY15

-58%

9.1

-65%

7.6

-65%

7.5

-70%

6.4

-70%

6.4

CY17 CY18 CY19

-72%

6.0

-73%

6.0

100

% Reduction from CY10 Baseline

Bromine,

as ame retardant

Antimony Trioxide,

as ame retardant

Ten Phthalates

PVC & Other

Plasticisers

Logite ch Sustainability Report FY20 55

Avoiding Targeted Substances

continued

Where safer and less toxic alternatives are available, we drive voluntary phase-out of certain Targeted Substances of concern including, PVC, phthalates and associated ame retardants. These substances are widely used in our sector but they have a toxic life cycle and can contribute to adverse impacts on the environment, recycling and occupational health, during manufacture, processing and end-of-life.

As a result of these policies and program, we have substantially reduced our use of Targeted Substances year-on-year, through systematic testing of product samples, corrective actions processes and follow-

up collaboration with suppliers. The following graph shows the total weight of Targeted Substances in our top 50 retail products (units sold in FY20). As shown in the graph, the average total weight of Targeted Substances per unit has now reduced to 6g/unit, which is a 73% reduction of CY10 levels.

PVC-Free Program

Our goal is to transition to Zero PVC. In 2003, we made a voluntary commitment to phase out the use of PVC in rigid plastic. This was followed by a ban on PVC in packaging in 2008. Last year, we expanded the scope of our program, to include all feasible external parts

of new product introductions e.g. cables, adaptors, chargers and we disclosed our PVC-Free Policy on logitech.com. Our Astro, Jaybird and Ultimate Ears products are all PVC-free at this stage and in CY19 we eliminated 131t of PVC from cables and other devices, with the introduction of Thermoplastic polyurethane (TPU), a lowertoxicity alternative to PVC. We are proud of our achievements to date, but we also know there is a lot more work to do. With our expanded PVC-Free program, we are targeting new product introductions and we remain committed towards our ambition of Zero PVC by 2030.

PVC Elimination

150

100

Tons eliminiated

CY18 CY19

113.4

131.4

131t

OF PVC ELIMINATED IN CY19

Zero PVC

GOAL FOR 2030

56 Logitech Sustainability Report FY20

Introduction Products and

the environment

People and society

About this report

ENDOFLIFE RECYCLING

Our goal is to empower consumers to recycle in their local area. We want to work in partnership with others, to develop circular supply chains, and give end of life devices and materials a second life.

E-waste is one of the fastest growing waste streams in the world. Each year, the world produces nearly 45 million tons of e-waste and that gure is predicted to increase to nearly 54 million by 2025.

Worldwide, recycling rates continue to be low. When developing strategies to empower and enable local recycling, we consider:

•

Collection rates: the extent

to which end-of-life devices are segregated from household waste and collected by recyclers for local recycling; and

•

Recovery rates: the extent

to which components and materials can be recovered, from collected devices.

To increase collection rates, we support and nance the development of recycling infrastructure and capability in major markets. As a Responsible

Producer, we monitor evolving recycling laws, identify Producer Responsibility Organizations (PROs) and provide nancial support to enable and support the development of local recycling infrastructure and capability. In CY19, we were delighted to achieve our 2020 PRO Recycling Goal of directly nancing the recycling of more than 50,000 tons of electrical devices, batteries and packaging, since CY10.

In FY20, we established our global Recycling Standard, which denes our requirements for management and recycling of end of life devices and batteries. This standard is now embedded, as a contractual requirement, in the contracts of all our PRO Recycling Partners. With the introduction of this standard, we can now interrogate and better understand the nal fate of

end-of-life devices and materials, which are gathered by PRO Recycling Partners, on our behalf.

In countries where we cannot nance recycling directly with our PRO Recycling Partners, we work to improve collection rates, by enforcing good practice recycling, as a contractual requirement, for our in-country business partners. Our goal is to enable and empower consumers to recycle end of life devices in their local area and avoid the carbon impact of transporting devices over long distances. We work with our business customers, including distributors, retailers and e-tailers, to enable consumer recycling in this way.

50,000t+

FINANCED RECYCLING

1 Bureau of International Recycling and United Nations University

Logitech Sustainability Report FY20 57

End-of-Life Recycling

continued

VS. e-waste

80%

OF ENDOFLIFE

ELECTRONICS ARE

WASTED

NEGATIVE EFFECTS OF EWASTE

•

waste of virgin

resources

•

landlling and pollution of soil, water and air

20%

OF ENDOFLIFE

ELECTRONICS ARE

RECYCLED

POSITIVE IMPACTS OF RECYCLING

•

conservation of virgin resources and energy

•

boosts local and global economies

•

provides material for new electronics

•

creates jobs and builds community

58 Logitech Sustainabilit y Report FY20

Introduction Products and

the environment

People and society

About this report

In addition to building incountry recycling capability, we recognize the need to raise consumer awareness. Batteries and electronics should not be disposed of with household waste to landll, but this continues to occur widely in many countries across the globe. Our nancing of PRO schemes includes contributions to consumer campaigns to raise awareness in major markets and in CY18, we chose to launch our own recycling page on logitech.com. The following infographic forms part of a recycling video we use on our recycling page on logitech.com, to raise awareness around the need for end-oflife recycling. We continue to expand the information we provide to consumers via that page, with the goal of providing information for every major market, in the next year.

As a product design company, we also recognize the need to design for recyclability, to enable recovery of components and materials, from end of life devices. We accept responsibility for carbon and environmental impacts associated with our choice of materials and the end-of-life phase of the product life cycle. To eliminate endof-life contaminants of the recycling stream, we manage RoHS substances and eliminate Targeted Substances (including PVC in packaging and rigid plastics). For more information on this aspect of our approach, please refer to the Avoiding Targeted Substances section of this report.

Our longer-term goal is to design products to enable optimal use of recycled materials, end-of-life recyclability and broader circularity. Over the last

year, we have evolved our understanding of the recyclability of materials and the maturity of recycling infrastructure, and recycling capability, in major markets worldwide. These insights are informing our approach to life cycle analysis (LCA) and the development of design guidelines for both hardware and packaging. We are also implementing environmentalfriendly technologies and solutions, including PostConsumer-Recycled (PCR) plastic. For more information on this aspect of our approach, please refer to the Design for Sustainability (DfS) section for more information in this regard.

PRO Recycling Partners

Logite ch Sustainability Report FY20 59

End-of-Life Recycling

continued

RECYCLING FINANCED SINCE CY10

30,992

tons of electrical devices

50,000

40,000

30,000

20,000

16,993

tons of packaging

2,797

tons of batteries

2020 Target

10,000

Cumulative weight of nanced recycling since CY10 (t)

60 Logitech Sustainabilit y Report FY20

CY10 CY12 CY14 CY16CY11 CY13 CY15

Electrical devices

Packaging

Batteries

CY17 CY18 CY19

Introduction Products and

the environment

People and society

About this report

RESPONSIBLE MANUFACTURING

Logitech designs, manufactures and markets products that have an everyday place in people’s lives and connect people to the digital experiences that they care about. We are constantly challenging ourselves to take out waste and non-value added steps.

We generate a signicant portion of our revenue from the products we produce in our own factory. We provide direct employment opportunities to more than 3,200 direct employees at our production facility.

Our manufacturing capacity is supported and supplemented by a supply chain of contract manufacturers, joint design manufacturers and component manufacturers, which provide additional employment opportunities across the globe.

This section provides an overview of key environmental programs and initiatives associated with our production facility. Further information on other aspects of our sustainability performance is provided in the Safety, Health and Welfare section and Human Rights and

Labor section of this report.

Our governance framework for responsible manufacturing is founded on our commitment

to comply with all relevant legal requirements, the Responsible Business Alliance (RBA) Code of Conduct, International Organization for Standardization (ISO) 14001 and 45001.

We rst achieved ISO 14001 and OHSAS 18001 certication of our production facility in 1999 and 2004 and we achieved ISO 45001 in July 2020.

Since that time, a team of thirdparty auditors have carried out annual reviews year-on-year to ensure our management system, activities and approach continue to align with international good practice and to drive continuous improvement.

Our production facility is subject to the RBA’s Validated Audit Process (VAP) and is VAP-rated green, indicating high levels of sustainability performance, and low sustainability risk.

We have more than 30 years of manufacturing experience, and we are constantly challenging

3,454

EMPLOYEES AT OUR FACTORY

ISO 14001

SINCE 1999

OHSAS 18001

SINCE 2004

ISO 45001

SINCE 2020

Logite ch Sustainability Report FY20 61

Responsible Manufacturing

continued

ourselves to eliminate waste and non-value added steps. We are continuously looking for ways to use new technology to create better products, reduce manual labor, improve the workplace and make manufacturing more productive and sustainable for the long-term.

With this goal in mind,we continue to introduce automation and robotic technology at our production facility, to deliver accurate, time- saving and wasteeliminating production of some of our most popular products.

The introduction of automation enables realtime adjustments for optimal eciency and is helping us to shift worker responsibilities

from low-skilled manual labor to monitoring, calibrating and maintaining equipment, with associated soft skills.

Water and Wastewater

Approximately 95% of the water that is used at our production facility is obtained from public mains supply via a connection provided by the local authorities.

Our in-house production activities are not water-intensive; we are primarily involved in nal assembly and testing. The water that we use at our facility is primarily used for drinking water, catering, showers, washrooms and other sanitary facilities

We have monitored water consumption on a monthly basis since CY10. Summary

Labor

RBA

CODE OF

CONDUCT

Ethics

Environment

35+

YEARS INHOUSE MANUFACTURING EXPERIENCE

Health

and

safety

Water use

62 Logitech Sus tainabilit y Report FY20

1,000 tons

400

300

200

100

CY16CY15 CY17 CY18 CY19

Cold water from mains Hot water (purchased)

Introduction Products and

the environment

People and society

About this report

results are shown in the following chart. As a general trend, consumption levels tend to be indirectly linked to production activities. When on-site production increases, the size of our workforce increases, leading to increased demand for drinking water and use of sanitary facilities.

A small amount of the hot water for our heating system is sourced from a nearby third-party facility, where it is produced as a by-product wastewater. This approach helps us reduce the energy demand and environmental footprint of both our own facility and the neighboring facility.

Wastewater emissions are largely limited to sanitary wastewater, which is discharged via the local authority network, in accordance with all relevant conditions of our environmental permit.

As indicated above, water is not a material issue of environmental concern for us. Our water is sourced from public mains (low risk), is not used for production (low volume) and is used primarily for welfare facilities (high priority).

As a result, the potential for signicant impacts on the environment due to water-use at our production facility is low and the scale of opportunity associated with water-saving initiatives is small. We have not therefore established reduction targets for water, as we have for Greenhouse Gases (GHGs), but our commitment to lean manufacturing drives ongoing eorts to identify water-saving initiatives of benet to the environment and our workforce.

Those initiatives typically relate to control systems for toilets and preventative maintenance

procedures to avoid water leaks and repair any leaks that do occur. In FY20, we replaced a number of valves and water pipes to reduce water loss. We also installed additional systems to enable convenient monitoring, tracking and reporting of water use in our plant and dormitory. Our internal audit programs include regular checks and monitoring to ensure the welfare facilities we provide align with good practice expectations and provide fair working conditions for workers. Additional performance data for water and wastewater are provided in the Data section of this report.

For more information on water use and environmental impacts in our supply chain, please refer to the Supplier Development section of this report.

Logitech Sustainability Report FY20 63

Responsible Manufacturing

continued

Hazardous Materials

Our use of hazardous materials is limited to the use of small quantities of consumables, which are necessary for nal assembly activities (e.g. lubricant oils, glue, cleaning solvent).

Hazardous materials are managed in accordance with RBA Code of Conduct requirements and legal requirements. Any materials that may pose a risk to human health or the environment are identied and managed in a manner that ensures their safe handling, movement, storage, use, recycling or reuse and disposal. Safety Data Sheets (SDSs) are maintained and communicated on notice boards in employee areas and are checked by our auditors when auditing compliance with the RBA Code of Conduct.

We also have a corporate standard establishing our expectations for environmental good practices and appropriate management of workplace emissions and air quality. We have not had any incidents relating to our use of hazardous materials, and, in light of the nature and scale of materials used, incidents are not likely to occur.

Waste

Waste from our production facility is limited to food waste, paper, waste packaging (paper/ cardboard and timber), Printed Circuit Boards (PCBs) and small quantities of other waste (oils, solvent, light bulbs, etc.). A full inventory is provided in the Data section of this report.

We follow the Waste Hierarchy i.e. we avoid the production of waste where possible and encourage reuse, recycling and other recovery options over disposal. The weight of waste arising over the course of the year is monitored and subject to internal reporting.

Hazardous waste is collected by licensed contractors and transported to licensed waste management facilities. The licenses of those contractors are checked by a dedicated team of environmental specialists who also check samples of waste consignments.

We track and report the end of life treatment pathway for all waste streams arising at our facility and visit recycling and disposal sites, where necessary to verify end-of-life treatment.

Our global footprint and supply chain extends across all boundaries and borders. With reach comes responsibility.

Prakash Arunkundrum, Head of Global Operations

64 Logitech Sustainability Report FY20

Introduction Products and

the environment

People and society

About this report

CLIMATE ACTION

Climate change caused by human activity is one of the biggest challenges of our generation. The scale of change that is needed, demands collective action. We recognize the need for big business to step up and help to lead the way.

OUR STRATEGY

In November 2019, we joined the Science-Based Targets Initiative and committed to support the Paris Agreement and developing science-based carbon reduction targets to deliver our ambitious

1.5°C climate pledge. To deliver on this pledge, we adopt a science-based approach and a Reduce-Renew-Restore strategy, which reects a best practice hierarchy of climate action:

Reduce: Design for

Sustainability (DfS) to achieve ambitious carbon reductions in our products, operations and supply chain

Renew: Drive ambitious

uptake of renewable electricity in our own operations and supply chain. Design for renewable materials, including circular supply chains.

Restore: Restore forestry and

climate-impacted communities, by nancing low carbon projects

and developing nature-based solutions to capture carbon.

Our Reduce-Renew-Restore strategy is underpinned by a commitment to, and culture of, carbon transparency.

We follow good practice standards, including the Carbon Disclosure Project (CDP), The GRI 305: Emissions

(2016) Global Reporting Initiative (GRI) Standard,

Greenhouse Gas Protocol and

CarbonNeutral

We share our carbon impact in an open and transparent way to galvanize an industry-wide shift to dramatically reduce carbon-related impacts on the environment. At this stage of the 24-month SBTI target-setting process, we are happy to share a number of the goals and targets, which we are developing to align with SBTI denitions and criteria and deliver on our 1.5°C climate pledge.

(R)

Protocol.

We are making a pledge to future generations that we will use our leadership in design not only to create a great customer experience but to do so in a way that is sustainable for the planet.

Bracken Darrell, president and CEO of Logitech

Logitech Sustainability Report FY20 65

Climate Action

continued

Our strategy

REDUCE RENEW

Design for Sustainability (DfS)

to achieve ambitious

carbon reductions in our

products, operations and

supply chain

72% Reduction

in CY18 Scope 1 & 2

emissions by CY30

OUR TARGETS OUR GOALS

CY21

Dene Scope 3 targets

Drive ambitious uptake of

renewable electricity in

our own operations and

supply chain. Designing for

renewable materials

100% Renewable

Electricity (production

facility + oces) by CY30

CY21

Dene supply chain target

RESTORE

Finance low carbon projects

and develop nature-

solutions to restore forestry

and climate-impacted

communities

Carbon Neutral

Carbon Neutral Gaming

Products - every year

Carbon neutral Building

and Travel - every year

Net Zero:

Scope 1 & 2 emissions, by CY30

Scope 1,2 & 3 emissions, by CY50

based

Share our carbon impact in an open and transparent way, to help raise

awareness of environmental issues, advocate for industry-wide change

and empower consumers to make informed purchasing decisions.

A-grade CDP

reporting by

CY23

66 Logitech Sustainabilit y Report FY20

Raise Awareness

OUR GOAL:

GRI 302 Energy

(2016) aligned carbon

reporting by

CY23

Share rst 5 product carbon transparency

values

by end of

CY20

Introduction Products and

the environment

People and society

About this report

OUR PERFORMANCE

Scope 1 and 2 Emissions

In 2013 we set ourselves the target to reduce absolute Scope 1 and 2 GHG emissions at our production facility by 20% by

2018. In CY18, we achieved that target and decided to go further, to address all residual greenhouse gas emissions and achieve CarbonNeutral Building certication. Carbon neutrality was achieved after a number of years of energy eciency programs, the purchase of renewable electricity (iRECs our electricity footprint, and nancing of carbon avoidance projects to oset residual emissions, which could not be addressed by other means.

In the last year, we have continued this reduce-renew-

) to renew

(R)

restore strategy with programs delivering energy eciency, renewable electricity, and carbon neutrality. We reduced absolute energy demand with our LED program (replacing conventional T5 lighting with LED), while optimizing our use of air compressors and installing time controllers to power-down lighting and turn o drinking water fountains. We also continued to develop our metering program, to help us track and understand hotspots of energy use, where reduction opportunities can be identied. With those eorts, we saved an estimated 390,000 kWh of energy, which equates to 248tCO balance our electricity footprint with the purchase of 100% renewable electricity to achieve RE100 and we maintained our carbon neutral certication.

e. We continued to

2019

38%

Reduced energy demand at our Hsinchu Oce

100%

Renewable Electricity in our Production Facility and Cork, Lausanne, Nijmegen and U.S. oces

1 iRECs are International Renewable Energy Certicates purchased to balance a company’s electricity footprint (Scope 2 emissions)

23%

Reduced energy demand at our Silicon Valley Campus

88%

Renewable Electricity (Oces & Production Facility)

Logite ch Sustainability Report FY20 67

Climate Action

continued

In the last year, we have also consolidated our greenhouse gas inventory for our oces. Our network of global oces includes 24 Principal Oces (i.e. oces with more than 20 occupants) and a number of smaller (sales-focused) oces worldwide. All of our oces but one, are leased premises and many of our oce spaces are in shared or third-party buildings, but we chose to treat their carbon footprint as our own, and include it in our Scope 1 and 2 inventory. Where possible, and in collaboration with local landlords, we implement energy eciency and carbon reduction programs. For example, over the last ve years, our LED lighting program for our Hsinchu oce has helped us reduce energy demand by 38% (CY19 compared to CY15). This year, we

modied the HVAC system in our Silicon Valley Campus to respond to varying levels of occupancy at dierent times of the day and weekend and this allowed us to reduce total energy demand in CY19 by 23%, compared to CY18.

88% of our global electricity footprint is now renewable. We commit to achieving RE100 (100% renewable electricity) by 2030 and we are working with the RE100 membership to enable access to renewable electricity in countries where it is not currently available. For further data and key performance indicators, please refer to the Data section of this report.

In addition to the above, this year we started on our journey

to net zero. To address residual

Scope 1 emissions (from our production facility and oces),

which cannot be tackled this year by reduction or renewal programs, we are now investing in carbon sequestration projects, to oset our impact. We follow a strict hierarchy of climate action - we only purchase osets, as a bridge to a better solution - something that we do right now because it's possible right now - while we develop capability (along with the rest of the world) to design for sustainability and transition to low-carbon alternatives. With our osetting investments to address Scope 1 emissions, we prioritize forestry and livelihood projects, to help restore climateimpacted communities. For more information on the full suite of oset projects we support, please visit our newly launched Climate Action Webpage on logitech.com.

Pathway to 1.5 Degree Target and Net Zero

Scope 1 & 2

Our Scope 1 & 2 Carbon Footprint (tCO

20,000

15,000

10,000

5,000

Production Facility:

28% renewable electricity

Oces:

5% renewable electricity

CY17 CY18 CY19 CY20 CY21 CY22 CY23 CY24 CY25

Production Facility:

• 100% renewable electricity

• Residual scope 1 emissions addressed by carbon avoidance osets

• Carbon Neutral building

Oces:

• 7% Renewable Electricity

Production Facility:

• 100% Renewable Electricity

• Residual scope 1 emissions absorbed by carbon sequestering

• Carbon Neutral building

Oces:

• 59 % Renewable Electricity

• Residual scope 1 emissions absorbed by carbon sequestering

Production Facility and Oces:

• Energy Eciency

• Renewable Electricity: 100%

• Residual emissions absorbed by carbon sequestering

ZERO

Scope 1+2

CY30

68 Logitech Sustainability Report FY20

Introduction Products and

the environment

People and society

About this report

Scope 3 Emissions

This year and for the rst time, we have completed a mapping and materiality assessment of our full corporate carbon footprint, including Scope 3 emissions. Our estimated Scope 3 inventory is presented in full, in the Data section of this report. In the remainder of this section, we have focused on the four categories of our footprint, which are material and provided an overview of our calculation methodology and current estimations. For scope 3 targeted, we are following the SBTI targetsetting schedule and commit to announcing these targets as part of our next reporting cycle.

Purchased Goods and Services (Category 1)

Category 1 (Purchased Goods and Services) is the largest segment of our corporate carbon footprint. We currently estimate it accounts for 73% of our total footprint. The footprint of this category includes all upstream greenhouse gas emissions associated with sourcing, transportation and third-party manufacture of raw materials, parts and components, for Logitech products. We estimate this segment of our footprint by surveying our Tier 1 Major Suppliers (to understand Tier 1 supplier manufacturing emissions) and by Life-Cycle Analysis studies of Logitech

products (to estimate upstream manufacturing emissions).

We launched our annual Supplier Carbon & Climate Survey in 2018, to capture CY17 carbon data. Our goal was to survey 80% of our Tier 1 suppliers, by spend. Since 2018, our survey scope and supplier response rate has increased year-onyear, as we have provided more guidance and training and encouraged suppliers to participate and respond. This year, we achieved our targets for survey scope, response rate and data accuracy. This year, we are inviting suppliers to join with us, to purchase renewable electricity and address their Scope 2 emissions and we are launching a Logitech-sponsored, Renewable Electricity Platform to catalyze purchase of third-party certied renewable electricity for supplier factories engaged in Logitech manufacturing.

To estimate the carbon footprint of upstream materials and manufacturers beyond our Tier 1 Major Suppliers, we use LCA modeling. We have completed internal LCA studies of representative products, across 24% of our Major Product

, using the Umberto

Lines

(R)

software platform, with Ecoinvent and GaBI datasets. We use assumptions to extrapolate insights and estimates for these products, to estimate the footprint of our entire portfolio. We expect to rene our

estimates, over the forthcoming number of years, as new information becomes available and we complete further LCA studies. For further information on our Design for Sustainability program and Carbon Transparency commitment, please refer to the Design for Sustainability (DfS) section and Carbon Transparency section of this report.

Product Use (Category 11)

According to our current estimates, Category 11 (Product Use), is the second-largest segment of our corporate carbon footprint, accounting for approximately 11% of our total Scope 3 footprint in CY19. This segment of our footprint is also currently estimated by LCA modeling, as described above. As we continue to evolve our methodology for calculating this category of our carbon footprint and complete further LCA studies, we expect to rene our estimate of this segment of our footprint, over the next number of years. We will also be adding the estimated carbon footprint of our software products, which have not yet been considered as part of the work to date.

End of Life (Category 12)

This category captures the carbon footprint associated with end-of-life treatment of Logitech products, batteries and packaging. We currently

2 Major Product Lines: Product Lines accounting for more than 80% of shipments, by weight, in the previous Calendar Year

Logitech Sustainability Report FY20 69

Case Study

THE STORY SO FAR

Our Production Facility

Certied CarbonNeutral

This year, we continued to balance our electricity footprint with purchase of 100% renewable electricity and we maintained our carbon neutral certication. We have also started our journey to net zero. To address residual Scope 1 emissions, which cannot be tackled this year by reduction or renewal programs, we have invested in carbon sequestration projects (forestry), to absorb and balance our emissions.

WHAT DOES CARBONNEUTRAL AND NET ZERO SCOPE 1 & 2 MEAN?

90%

iRECs are International Renewable Energy Certicates, which enable companies to buy renewable electricity in China.

iRECS

10%

We nanced carbon sequestering forestry projects, to absorb residual (Scope 1) emissions, which could not be addressed by other means this year

R

(R)

CARBON OFFSETS

2005

2011

2012

2013

2014

2015

2017

2018

• Established our Suzhou production facility

• Started purchasing hot wastewater

from a local plant, to reuse as a heat source for heating water on-site

• Started reporting energy use to the

Carbon Disclosure Project (CDP)

• Set target to reduce 2010 GHG

emissions by 20% by 2018

• Upgraded chillers and compressors

• Improved AC eciency

• Upgraded and replaced lighting

• Introduced electric buses on-site

• Purchase of renewable electricity

(iRECs)

• Third-party energy eciency audit

to identify further opportunities

• Continued purchase of renewable

energy (iRECs)

• installation of large scale metering program

• Purchase of iRECS and carbon osets to achieve carbon neutrality

OUR PATHWAY TO CARBON NEUTRALITY AND NET ZERO SCOPE 1 & 2

Residual emissions

sequestered to

achieve net zero

Scope 1 and 2

NET ZERO

100

Renewable

electricity at

our Production

Facility

Increase energy eciency to reduce our footprint

Manufacturing

emissions

neutralised

each year

15,000

tCO2e

2019

• Continued LED lighting program

• Optimized use of air compressors

• Installed time controllers on lights and water fountains

• Continued purchase of renewable electricity (iRECS)

Purchase renewable electricity

Reduction

in electricity

demand

Absorb residual emissions with carbon sequestration

Introduction Products and

the environment

People and society

About this report

estimate it accounts for approximately 6% of our corporate carbon footprint. To generate that estimate, we reviewed our global sales network and the maturity and current status of recycling laws, infrastructure, technology and capability in our Major Countries

of Sale

. We assumed the worstcase scenario in many areas, recognizing the challenges associated with the recycling of small consumer electronics. As noted in the End-of-life Recycling section of this report, we will be tackling this aspect of our footprint with strategies to increase collection and recovery rates and as noted in the Design for Sustainability (DfS) section, we are also developing tools and strategies to help product teams optimize product recyclability and circularity.

Transportation & Distribution (Category 4)

Our supply chain to market is complex. Logitech products are sold to almost every country in the world via a network of trusted partners. Over the last two years, we have been working with the Smart Freight Centre (SFC), to develop a tool to collect, capture, and report the carbon footprint of our global distribution network. We call this tool the Logitech Logistics Carbon Calculator (LogiLoCC). The LogiLoCC has

developed to reect the GLEC

Framework

. In January 2020, the SFC nalized third-party certication of the LogiLoCC tool and our associated methodology and assumptions. From the information we have gathered for CY19, we understand the carbon impact of transportation and distribution (category 4) accounts for approximately 4% of our total footprint. Now that we have established our baseline, and a mechanism for ongoing tracking of this segment of our footprint, we are turning our attention to the development of reduction targets and a reduction pathway.

All Other Categories

Our full Scope 3 inventory is presented in the Data section of this report. In this section, we have focused on the categories that are material. All other categories of our footprint are not applicable (e.g. Category 8, 10, 13, 14 and 15) or they account for less than 2% of our total footprint and are not considered to be material (e.g. Category 2, 3, 6, 7 and 9.)

Our climate action strategy will therefore continue to develop to target and focus on Scope 1 and 2 emissions (our biggest and direct responsibility) and the four Scope 3 categories listed above (our biggest opportunities).

We want to leave our mark on the future. We know that mark can be positive or negative, depending on the large and small decisions we make every day.

Bracken Darrell, president and CEO of Logitech

4 The Global Logistics Emissions Council (GLEC) Framework: a globally-recognized methodology and good practice standard for harmonized calculation and reporting of greenhouse gas emissions across a multi-modal supply chain. The GLEC Framework is fully aligned with the Greenhouse Gas Protocol, UN-led Global Green Freight Action Plan and Carbon Disclosure Project (CDP) reporting standards.

Logitech Sustainability Report FY20 71

Climate Action

continued

OIL

(Plastic parts & packaging)

METAL

(PCBs, Batteries, components)

TREES

(Paper packaging)

END OF LIFE

CONSUMER USE

72 Logitech Sustainability Report FY20

Introduction Products and

the environment

People and society

About this report

73%

SOURCING & MANUFACTURE

Component suppliers

Joint design and contract manufacturers

OUR

11%

END USER

CORPORATE

CARBON

FOOTPRINT

OUR OFFICES

DISTRIBUTION

OTHEROTHER

TRANSPORTATION & DISTRIBUTION

Logitech Sustainability Report FY20 73

CARBON TRANSPARENCY

We are aware of the urgent need to take climate action. By being open and transparent about our impact, we believe we can drive better design decisions in our own teams and more informed purchasing decisions amongst consumers.

Carbon footprinting is one way to measure and quantify a product's complex impact on the environment. From the weight of plastics to the size of the printed circuit boards, to the recycled content, to the end of life recycling - carbon footprinting helps us to quantify environmental impacts and informs our design decisions.

We have developed our Life Cycle Analysis (LCA) capability so that we can quantify the carbon footprint of our products across their full life-cycle, from sourcing of raw materials, through to manufacturing, distribution, consumer use and product end of life. Data sources and methodologies for capturing the full complexity of environmental impacts continue to evolve year-on-year. We continue to invest time and resources to ensure we’re at the forefront of innovation in this space.

This year, we became the rst consumer electronics company

to commit to providing carbon impact labels on product packaging across our portfolio. We will start to apply Carbon Transparency labels to our gaming products later this year and we have made the commitment to label all of our products by 2025. With the introduction of our Carbon Transparency label, we will provide a product carbon footprint value on the product package, as well as additional insight and information for consumers and partners on our Carbon Transparency

webpage. Our Carbon Transparency labels will help consumers evaluate products, not only in terms of price and technical features, but also with an understanding of the environmental impact a product can have. We are inviting other companies to join us in driving positive change by providing full transparency on their products. It will take an industry-wide eort to truly make a dierence.

CARBON TRANSPARENCY

TO DEKRA CERTIFICATION STANDARDS AND ISO 14067 AND ISO 14026

By communicating our carbon impact we are empowering and collaborating with our consumers to better the world. Carbon is the new calorie - we need to know what we’re consuming.

Bracken Darrell, president and CEO of Logitech

74 Logitech Sustainability Report FY20

Introduction Products and

the environment

People and society

About this report

8.20

kg C02 e

Carbon Neutral

Denotes the product carbon footprint

of the full lifecycle of the product, from materials sourcing and manufacture, distribution, consumer use, and end of life.

Note: The carbon value shown here is for illustration purposes only

The product carbon footprint

has been veriably oset,

thereby rendering it Carbon Neutral.

To support the integrity of carbon calculations, we are working with iPoint Group and an independent verier to critically verify and validate product-level carbon impacts to DEKRA certication standards. We will communicate both the product carbon footprint (on the box) and also the calculation methodology and protocol applied, to meet

ISO 14067 and ISO 14026 best practice standards.

When we calculate the carbon impact of a product, we may also purchase osets, to address the calculated footprint and deliver carbon neutrality. The insights generated by this program are key to understanding the environmental hotspots of our current portfolio of products.

These hotspots will, in turn, guide the focus of our innovations around materials, processes and technologies, helping to ensure that successive generations of products are designed to have lower environmental footprints. For more information, please visit: www.logitech.com/

sustainability/carbontransparency.html

Logite ch Sustainability Report FY20 75

PEOPLE AND SOCIETY

76 Logite ch Sustainability Report FY20

Introduction Products and

the environment

People

People and society

and society

About

About this report

this report

Logite ch Sustainability Report FY20 77

ETHICS

We look to exemplify integrity in everything we do. We help employees and business partners understand our ethical obligations and reinforce the positive behaviors that make Logitech a great place to work.

As a company publicly oering securities in the U.S. and Switzerland, we comply with the laws and rules of the U.S. Security Exchange Commission (SEC) (the Securities Act of 1933, Securities Exchange Act of 1934 and the Sarbanes-Oxley Act of

2002), as well as the laws and rules governing the SIX Swiss Exchange. As RBA members, we commit to upholding the highest standards of integrity in our own business and in all business interactions with zero-tolerance for any and all forms of bribery, corruption, extortion and embezzlement.

Leadership

Our Leadership Team (including Management Team and Board Directors) can be viewed on our website here. We have four board-level committees (Audit, Compensation, Nominating and Technology and Innovation) and the charters for these committees can be found here. Every member of the Board of Directors is required to sign and acknowledge our Code of Conduct.

In addition, the Company’s General Counsel, Chief Financial Ocer, Chief Compliance Ocer, and Heads of Internal Audit and People & Culture all meet regularly and review compliance-related issues and communications, and each of them regularly report directly to the board-level Audit Committee on compliance-related topics.

We also undertake an Annual Risk Assessment, which takes into account country-level risks, and risks associated with various functional responsibilities across Logitech. The risk assessment process is facilitated by our Internal Audit team and informs the development of an Annual Audit Plan for operational audits and Sarbanes-Oxley (SOX) Assessments. The results of the risk assessment are incorporated in an Annual Audit Plan, which is reviewed and approved by the Board-Level Audit Committee.

Policy Framework

The Logitech Code of Conduct is our framework for business ethics. We have tried to make it easy to read, understand

Ethics

Labor

RBA

CODE OF

CONDUCT

Environment

Health

and

safety

78 Logitech Sustainabilit y Report FY20

Introduction Products and

the environment

People and society

About this report

and follow. It is available in multiple languages, reecting our geographically diverse workforce and communicated across the globe to employees, as part of induction training and periodic refresher training. Our commitment to the Logitech Code of Conduct drives us to look beyond compliance and identify, mitigate, and manage operational risks and opportunities to create reputational value.

At Logitech, we commit to a culture that instills the instinct to do the right thing. As set out in our Anti-Corruption Policy, we do business the right way, meaning that we approach everything we do with ethics and integrity. There is no right way to do the wrong thing, which makes clear our AntiCorruption Policy statement: Logitech does not tolerate corruption in any form. Neither Logitech nor anyone working for or on our behalf may give or receive any bribe, kickback or other corrupt incentive.

Compliance with the Logitech Code of Conduct and our Anti-Corruption Policy is mandatory. For employees, non-compliance may result in disciplinary action, including termination of employment.

In addition to the above, we also have our Corporate

Governance Principles, Information Systems

Acceptable Use Policy and Insider Trading Policy, which

further address more specic aspects of ethical performance.

We regularly conduct core compliance training for employees, with supplementary training on special topics (e.g., anti-corruption, antitrust, anti-harassment) for target regions and high-risk groups. We also provide additional training on a regional basis in response to employee feedback and other needs.

We actively work to identify new ideas, innovations, standards and tools for corporate compliance and ethics, and maintain oversight of the latest developments in compliance law, management, best practice and diagnostics via external resources, seminars, peer discussions and periodic benchmarking surveys. We also regularly review our ethical framework to ensure it continually improves and evolves in line with our needs and international good practice.

Political Contributions

We do not support or fund political parties, candidates or any groups that promote party interests. No political contributions were made on behalf of Logitech FY20. Our employees may oer support and contributions to political groups in a personal capacity.

Few things are as important as your reputation. That’s true for companies and individuals alike. Logitech’s ethical reputation is the foundation of our continued success. By following the principles and policies spelled out in our Code of Conduct, we protect both.

Bracken Darrell, president and CEO of Logitech

1 Our denition of signicance is aligned with the materiality denition applied in our mainstream annual nancial reporting

Logitech Sustainability Report FY20 79

Ethics

continued

Ethics Hotline

Every employee has the right and the responsibility to report any observations, concerns, grievances or issues relevant to our Code of Conduct and commitment to ethical good practice. We have an established Ethics Hotline, which is hosted by EthicsPoint. This hotline facility is a whistle-blowing mechanism, which employees

INTERNATIONAL

GOOD PRACTICE

can use, to condentially and anonymously report any issues they identify or observe. Reports to the hotline are investigated and managed in accordance with dened procedures, which are overseen by our Legal, People & Culture and Internal Audit functions. We have a no retaliation policy; the identity of individuals who may choose to report issues are protected.

Our Internal Audit team is responsible for investigating allegations that are raised as a result of internal audits and certain submissions via the Ethics Hotline. Audit ndings and remediation actions are reported to the Audit Committee on a quarterly basis.

In FY20, we did not have any legal actions pending or completed for anti-competitive

Ethical Framework

RBA Code of Conduct All relevant legislation

STRONG COMMITTED LEADERSHIP

& ACCOUNTABILITY

CORPORATE PRINCIPLES, CODE OR PRACTICE, POLICIES

MANAGEMENT FRAMEWORK

Board of Directors Board-Level Committees Management Team

Logitech Code of Conduct Corporate Governance Principles Anti-Corruption Policy Insider Trading Policy Information Systems Acceptable Use Policy

•

Key Elements:

•

Training

•

Auditing

•

Communication

•

Whistle-blowing hotline

Auditing

•

Periodic review and benchmarking

•

Performance reporting

80 Logitech Sustainabilit y Report FY20

Introduction Products and

the environment

People and society

About this report

behavior or violations of anti-trust or monopoly legislation. We also did not have any signicant noncompliances with environmental laws and regulations.

Product Labeling and Marketing

100% of our Major Product Lines in CY19 were regulated by laws on Restrictions on Hazardous Substances (RoHS) and Waste Electronic and Electrical Equipment (WEEE). All relevant products were marked with the required regulatory labels and safe use information. We communicate the meaning of all our regulatory and voluntary recycling labels on our Recycling Page on logitech.com, to inform consumer understanding and awareness around the variety of dierent labels that we apply. In FY20, we did not have any incidents of non-compliance with regulations concerning product and service information, labeling or marketing communications (including advertising, promotion and sponsorship), resulting in a warning, ne or penalty

In the last two years, we have adopted a number of voluntary environmental labels to raise consumer awareness around the work we are doing to minimize our environmental footprint. Examples include our use of the Forest Stewardship Council

(R)

label (to indicate packaging sourced from responsiblymanaged forests), the Certied Carbon Neutral Product (to indicate where we have neutralized the carbon footprint of gaming products) and our Carbon Transparency Label (to indicate where we have calculated and neutralized the carbon footprint of products). In FY20, we did not have any incidents of non-compliance with these voluntary standards, resulting in a ne or penalty.

Suppliers and Supply Chain

We take particular care to ensure our suppliers understand our ethical commitment and requirements. The Logitech Code of Conduct and RBA Code is shared with Major Suppliers, as part of our supplier on-boarding and training and embedded as a contractual condition of doing business.

We develop our suppliers with training and capability-building initiatives and we audit suppliers with best practice RBA auditing tools. Compliance with the Logitech Code of Conduct and our Anti-Corruption Policy is mandatory. For third parties, non-compliance may result in the termination of our business relationship. (see Supplier Development section of this report for further information).

(R)

label

We conduct business in a fair, honest, and transparent manner. Employing exceptional ethical standards and practices is how we work, and helps us ensure the long term interests of our stakeholders.

1 Our denition of signicance is aligned with the materiality denition applied in our mainstream annual nancial reporting 2 Major Suppliers are dened as the suppliers that account for 80% of direct spend, as per RBA requirements. See Supplier Development section, for further information

Logitech Sustainability Report FY20 81

PRIVACY AND SECURITY

We respect the privacy and personal data of our employees, customers and other stakeholders. We maintain privacy and security systems and capabilities to ensure stakeholder trust when interacting with Logitech systems, products and service.

With the current trend of digitization, including cloud computing, online marketplaces and digital payments for example, we recognize increasing levels of stakeholder concern around information security, product security and privacy of user information. Maintaining stakeholder trust is of paramount importance to Logitech as we handle an increasing amount of data, within our growing software business, online sales platforms and internal infrastructure and systems.

Privacy

Since the introduction of the General Data Protection Regulation (GDPR) in 2018 we have seen increased stakeholder interest in privacy-related issues. Recognizing the importance of this topic, we have established a privacy team with a Head of Privacy that develops and operates several privacy functions including, privacy governance, privacy vendor reviews, data governance and global training and awareness. Face-to-face privacy training was recently completed in each of our principal oces

supplemented by virtual training which was facilitated via our workforce management system. In addition to this foundational training, we have also implemented additional, focused training for specic teams (e.g. teams involved in human resources, vendor management, legal compliance or marketing). This in-person and virtual training was complemented by a number of employee communications on a newly established Privacy Page on our employee intranet. With these measures ongoing, we ensure employees are aware of the importance of privacy and security, as well as company requirements, expectations and key control measures. Our Acceptable Use Policy also dened privacy requirements and other controls governing access to Logitech devices.

For customers, we maintain our

types of data we collect, how we use it, and how we protect personal information collected by our products, services, apps, software and other devices. For each of our product lines, we perform privacy risk assessments that evaluate

how our products interact with our users and personal data.

We also have an established Privacy Policy for our Website, which outlines how we collect and use personal data from visitors to our website and mobile sites and when individuals can choose to optout or consent to opt-in. We are also certied participants in the EU-U.S and Swiss-US Privacy Shield Framework (see here) and adhere to relevant good practice governing the collection, use, and retention of personal information transferred between the European Union, Switzerland and the United States. We have provisions in place to track and report the number of substantiated complaints received in the last nancial year. We received no such complaints in FY20.

Product Security

The Technology and Innovation Committee of our Board of Directors oversees our product security risk management framework. We have established the Product Security Review Board (PSRB) comprising of employees with relevant

82 Logitech Sustainability Report FY20

Introduction Products and

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People and society

About this report

experience and expertise. The PSRB denes the policies and practices that all of our product teams must adhere to and follows Open Web Application Security Project (OWASP(R)) good practice guidelines. We are also members of several industry standards groups focusing on product security standards.

We dene a security vulnerability as an unintended weakness in a product that could allow a hacker to compromise the integrity, availability, or condentiality of a product or service. We adopt a lifecycle approach to managing this risk. Relevant security risks are identied early in the design process, via our established risk assessment process. Appropriate security measures are developed to address any such risks and vulnerabilities, and embedded into the product design as it evolves. This may include incorporating encryption, digital signatures, multi-factor authentication, and network security as needed, based on each product's data and network access needs. We carry out full security testing, prior to product launch and the chairperson of

the PSRB has the authority to halt any new product launch if the product security standards are not met. The PSRB reviews and provides nal approval on the security design for all new products under development. The decision of the PSRB Chair can only be overruled by our Chief Executive Ocer (CEO).

We also welcome reports from independent researchers, industry organizations, vendors, customers, and other relevant stakeholders and sources postlaunch. For this purpose, we have a public Vulnerability Disclosure and Bug Bounty Program and facilitate the receipt of such reports through our HackerOne platform. All submissions to this platform are reviewed by the appropriate security team members and are investigated further to determine the appropriate remedy, with an appropriate bounty paid to the relevant reporter.

We gather data on product security breaches and incidents on a regular basis and we have not experienced any breaches, incidents, nes or accrued liability in the past three years.

Logitech Sustainability Report FY20 83

EMPLOYEE SAFETY, HEALTH AND WELLBEING

Our continued success is fuelled by creative, resourceful and innovative people across the globe – within Logitech, and in our supply chain. The safety, health and wellbeing of all our people is important to us.

We look to safeguard the safety, health and wellbeing of all members of the Logitech team. We want to ensure everyone feels cared for, and employees can respond safely and creatively to the fast-paced environment of our sector, and the challenges of a competitive marketplace.

Our Corporate Global Health,

Safety and Security Policy Statement, is a foundational

policy, which applies to all elements of our business. It demonstrates the commitment of our executive management team to protecting our employees and ensuring that we are operating in compliance with legislative requirements.

We implement training and communication programs across the business each year to ensure employee awareness of the importance of health and safety management and our key programs and provisions.

Our production facility

To help us ensure the safety, health and wellbeing of employees at our production facility, we follow the RBA Code and have an integrated Environmental, Health and Safety (EHS) Management System. The management system is certied to ISO 45001. It includes an EHS Policy, as well as procedures and programs, which drive identication, assessment and evaluation of health and safety performance relative to applicable legal requirements, as well as continual improvement of our health and safety performance, in line with industry good practice, and the RBA Code of Conduct.

At our production facility, a team of internal Health and Safety Auditors audit dierent work areas periodically, under the direction of an established Safety Steering Committee, and ensure proactive consideration

of potential hazards, risks and control measures. Compliance with ISO 45001 and the RBA Code of Conduct is also audited annually by an independent

Labor

RBA

CODE OF

Ethics

CONDUCT

Environment

Health

and

safety

OHSAS 18001

SINCE 2004

ISO 45001

SINCE 2020

84 Logitech Sustainability Report FY20

Introduction Products and

the environment

People and society

About this report

third-party. We have maintained OHSAS 18001 certication yearon-year since 2004, along with a “low risk” category high score in the RBA Validated Audit Process (VAP) since 2015 and we were delighted to achieve ISO 45001 certication in July 2020.

A number of health and safety initiatives were delivered during FY19 to ensure regulatory compliance, good practice and continual improvement at our production facility. Some examples include:

•

employee health surveillance

and third-party testing of work areas to ensure air quality conforms with occupational health standards;

•

annual safety training for all

contractors to understand safety hazards, high-risk contractor work and work authorization requirements;

•

risk assessment of equipment

and technology across our production facility to identify opportunities for improvement; and

•

drills and other tests of our

emergency response provisions and procedures for various hazards (re, rst aid, spills etc.) to improve employee awareness of procedures and provide refresher training.

For key data on our health and safety performance, please refer to the Data section of this report.

Our oces

Our global portfolio of oces varies from small, leased, serviced oces, to larger selfmanaged regional and country headquarters. At our smaller oces, health and safety services

are generally provided by the landlord. At larger, self-managed oces, we implement, and directly manage, our health and safety programs to ensure compliance, and to provide a safe, secure, comfortable environment for employees.

Employees in our larger oces globally are actively involved in voluntary health and safety roles, such as health and safety committee members, rst aiders, emergency response team members, etc.

Wellbeing Programs

We believe health and wellbeing are critical to our employee’s personal and professional success so employees can create, achieve and enjoy more.

We encourage a healthy lifestyle by providing healthcare benets, wellness tools, resources and programs to help employees achieve good physical, nancial, emotional, intellectual and social wellbeing. With our focus on wellbeing, we help our employees bring their best selves to work and support them and their families through key life experiences. Depending on the location, employees can take advantage of biometric screenings, u shots, condential global Employee Assistance Programs (EAP), wellness events and seminars, and our wellness initiatives around the globe continue to grow year-on-year.

Business Continuity

As part of our global business continuity program we have assessed the potential impact of disruptive events (either natural or man-made) to our facilities, and established

Business Resumption Plans that prioritize the health and safety of personnel, emergency communication to aected stakeholders, and the resumption of controlled operations. Refresher training and desktop crisis simulations are conducted on a regular basis.

We continue to manage the impact of COVID-19 under the guidance of our Corporate Crisis Management Team (CMT) and in collaboration with our local site leaders.

With everybody’s health and safety in mind, we implemented work-from-home policies for our employees and responded with compassion to support those employees who have been aected.

With the eorts of our crossfunctional CMT, we have not experienced any signicant business impacts or interruption to date. We continue to monitor the situation and take measures to mitigate potential disruption and ensure business continuity remains unimpacted during this time.

Our Supply Chain

Our commitment to the safety, health and wellbeing of production line workers also extends beyond our own workforce to fully include factory workers in our supply chain. We work in partnership with our suppliers to drive good practice and continual improvement of health and safety performance. For an overview of our activities within and with supplier organizations, please refer to the Supplier Development section of this report.

Logitech Sustainability Report FY20 85

CONFLICT MINERALS

As a committed member of the Responsible Business Alliance (RBA) and the Responsible Minerals Initiative (RMI), we use best practice tools and processes to exert the full inuence of the electronics sector on smelters worldwide, and promote responsible sourcing and avoidance of conict minerals.

Conict minerals are minerals that are mined in areas of armed conict and human rights abuse, which nance armed groups. U.S. legislation currently denes Conict Minerals as cassiterite (tin), coltan (tantalum), wolframite (tungsten) and gold (or derivatives of these minerals), which have been mined in the Democratic Republic of Congo (DRC) or adjoining countries, and which fund conict. These four minerals are commonly referred to collectively as 3TG.

In 2008, the Responsible Business Alliance (formerly EICC) launched an Extractives Work Group to look at Conict Mineral risks for the electronics industry. As an active member of the RBA and RMI, Logitech supported the initial assessment work of the RBA’s Extractives Working Group. We use the key tools and processes advised by the RBA and RMI to ensure responsible sourcing and avoidance of conict minerals. As a manufacturer of products that contain 3TG, we understand the importance of avoiding conict minerals and are committed to sourcing components and materials from companies with

shared values around human rights, ethics and environmental responsibility. We comply with all relevant legal requirements and have implemented a robust due diligence process to help ensure we and our suppliers meet our legal obligations and act in accordance with our values.

In June 2011, RBA launched the world’s rst conict-free smelter program. We responded by communicating our rst Conict Minerals Policy Statement to suppliers and launched our Conict-free Sourcing Program. In 2013, we formalized this position with the publication of our Conict Minerals Policy. This policy is subject to annual review and refresh. It is communicated to all suppliers and embedded into our contractual agreements.

2013 also marked the launch of our Conict-Free Sourcing Certication Program. Our program aligns with all relevant legal requirements and industry best practice including the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from ConictAected and High-Risk Areas. It involves us working with

2008

RBA LAUNCHES CONFLICT MINERALS WORK GROUP

2011

RBA LAUNCHES THE WORLD’S FIRST CONFLICT FREE SMELTER PROGRAM

86 Logitech Sustainability Report FY20

Introduction Products and

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About this report

our Tier 1 suppliers to identify, map and verify our supply chain and ensure Smelters or Reners (SORs) in our supply chain adequately demonstrate conict-free status. Mining activity is understood to be crucial to the development of the DRC economy so our program ensures that legal and regulated mining can continue to provide livelihood opportunities to those in need, while eliminating any direct or indirect support of conict and human rights abuses.

Since 2013 we have worked with our suppliers and other RBA members to exert the full inuence of the electronics industry on SORs worldwide, and encourage SOR participation in credible certication programs such as the Responsible Minerals Assurance Process (RMAP, formerly known as Conict-Free Smelter Program, CFSP). We engage our direct suppliers to raise awareness and understanding of Conict Minerals risks and our requirements for compliant good practice.

Each year, we review our Tier 1, direct suppliers, identify those that supply materials at risk of containing 3TG. We use the RMI Conict Minerals Report Template (CMRT) to request information from our direct suppliers and screen 3TG SORs in our supply chain using the RMI’s Responsible Minerals Assurance Process (RMAP) and Reasonable Country of

Origin (RCOI) data. Our goal is to only accept 3TG minerals from smelters that are certied as conict-free, or engaged in the RMAP or an equivalent program towards conict-free status.

Where a supplier is not yet engaged in a program, we work with the supplier to develop Due Diligence Plans showing the actions the supplier will take, within a dened timeframe, to engage, request and encourage smelters to join RMAP or an equivalent certication program, and obtain evidence of conict-free status. We track and report supplier progress, as part of both internal reporting and reporting to the Securities Exchange Commission (SEC). The results of our combined eorts have reaped tangible outcomes for our own supply chain already, as the number of SORs participating in third-party audit programs and certied as conict-free has increased year-on-year. A summary of progress to date is shown in the following gures. As shown, for CY19, we again achieved a 100% response rate from our direct suppliers and veried 99% of our active operative smelters are now participating in certication programs and 98% are certied conict-free.

We are delighted to report that all of our smelters and reners for tantalum and tungsten are certied conictfree or participating in a 3rd party audit program. We

, and working

100%

CONFLICTFREE TUNGSTEN

100%

CONFLICTFREE TANTALUM

98%

CONFLICTFREE TIN

99%

CONFLICTFREE GOLD

100%

CONFLICTFREE TARGET FOR CY20

1 On a case-by-case basis, we may accept a supplier’s use of an “equivalent program”, if the program is deemed to be credible and reputable, taking into account the

specic materials and suppliers of interest (a number of other schemes are used and advocated by other RBA members e.g. LBMA, RJC).

Logitech Sustainability Report FY20 87

Conict minerals

continued

will continue to drive 100% conformance for tin, and gold in CY20. As a responsible and ethical company, we look beyond legal requirements to align with international good practice and grow our program from strength to strength in partnership with our suppliers.

Going beyond regulations: Cobalt Due Diligence

Cobalt is a critical mineral constituent in lithium ion batteries, which are used in many Logitech products. Cobalt is not a “conict mineral”, as dened by law, but more than 50% of cobalt mining worldwide occurs in the Democratic Republic of Congo(DRC), which is recognized to be a high risk for mining and human rights abuses.

Our rst cobalt due diligence surveys started in CY16 and CY17. We started by checking a specic number of SORs, which had been highlighted, via an NGO group, as a potential

concern. For CY18, RBA and RMI extended the RMAP certication program to include cobalt smelters and developed the Cobalt Report Template (CRT). We continued to evolve our due diligence program and leveraged these good practice tools to collect supplier data and identify cobalt smelters.

For CY19, we can report 100% of relevant direct suppliers

Supplier Response Rate

350

300

250

200

150

Number of suppliers

100

271

95%

Number of Tier 1 3TG suppliers in our supply chain

99%

309

CY14 CY16CY13 CY15

100%

273

responded to our survey eort and 36% our smelters and reners are participating in the RMAP certication program. Over the forthcoming years, we will build on this baseline and push more cobalt smelters to volunteer and join RMAP or equivalent veried certication schemes by making this a requirement of doing business with Logitech.

100%

253

100% 100%

284

263

CY17 CY18 CY19

Supplier response rate

100%

283

100

Response rate (%)

Smelter Progress Towards Conict-Free Status

450

375

364

300

225

150

Number of smelters

88 Logitech Sustainabilit y Report FY20

16%

57 57

#3TG SORs in our supply chain

408

40%

201

161

CY14 CY16CY13 CY15

#3TG SORs participating in 3rd party audit program

291

75%

244

217

80%

314

264

#3TG SORs certied as conict-free

304

252

276

98%

273

94%

83%

259 256

CY17 CY18 CY19

269

251 252

% conict-free

269

100

Percentage (%)

Introduction Products and

the environment

People and society

About this report

HUMAN RIGHTS AND LABOR

The RBA Code of Conduct is our framework for the management of human rights and labor at our production facility. The RBA Code is aligned with international norms and standards including the Universal Declaration of Human Rights, ILO International Labor Standards, OECD Guidelines for Multinational Enterprises, ISO and SA standards.

Our commitment to human rights and labor management is reected in the Logitech Code of Conduct, which applies to both our own production facility and our entire supply chain.

The scope of our program is

summarized in the facing gure.

As set out in our RBA

Commitment Statement, we have adopted the Code in full and it provides our framework for sustainability, including human rights. Recognizing the importance of human rights, the Logitech Code of Conduct also includes a specic commitment to uphold labor and human rights laws and explicitly communicates our policy to prohibit the use of forced labor, child labor and unsafe working conditions.

As an RBA member, we

follow RBA requirements and implement due diligence processes to assess social performance and risks, including human rights compliance and risks. We use the RBA’s Self-

Assessment Questionnaire (SAQ)

and Risk Assessment Tool to assess and communicate our performance. Our production facility is subject to periodic third-party audits to verify compliance with the RBA Code, including requirements relevant to human rights and labor management.

These audits are carried out

by RBA-approved auditors under the RBA validated audit process (VAP) and include site observation, document reviews, interviews with management and employees. Audit ndings are rated as “minor,” “major” or “priority” and are reviewed and validated by a second, independent consulting rm, to ensure accuracy and objectivity. For all three categories of nding, the auditee has a dened period of time to prepare and implement Corrective Action Plans (CAPs), remedy the identied issues, and implement systems to prevent a recurrence. Any potential, perceived or actual violation of human rights and related RBA Code aspects are taken very seriously.

During FY20, our production facility underwent an independent VAP audit in April 2019 and again in November

2019. The most recent audit resulted in a VAP audit ‘Silver’ rating (see certicate here).

The remainder of this section

provides an overview of the key risks and management processes we have in place, to manage relevant issues.

Labor

RBA

CODE OF

Ethics

CONDUCT

Environment

Health

and

safety

Logitech Sustainability Report FY20 89

CONFLICT MINERALS

LABOR RELATIONS, ENGAGEMENT AND

CONSULTATION

YOUNG

WORKERS

HUMANE

TREATMENT

EQUALITY AND

FREEDOM FROM

DISCRIMINATION

Human Rights

and Labor

HEALTH

AND SAFETY

FREELY CHOSEN

EMPLOYMENT

TALENT

DEVELOPMENT

WELFARE

ARRANGEMENTS

FREEDOM OF

ASSOCIATION

WAGES AND

BENEFITS

WORKING

HOURS

90 Logitech Sustainability Report FY20

Introduction Products and

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People and society

About this report

Freely Chosen Employment

Our requirements

in relation to Freely Chosen Employment include Zero Tolerance for any type of forced, involuntary or exploitative prison, indentured, bonded (including debt bondage), tracked or slave labor.

As part of the hiring process, workers are provided with a written employment agreement in their native language. This agreement describes the terms and conditions of employment. Workers are free to terminate their employment at any time. Holding employee documents (IDs, passports, work permits, etc.) is strictly forbidden and workers are not required to pay recruitment fees or other related fees. We have longterm, established relationships with a limited number of trusted recruitment agencies and our requirements for due diligence checks are built into our contractual agreements with these agencies. We audit the recruitment activities of these agencies and we also carry out worker interviews as part of new-hire orientation and check to ensure workers have not paid any recruitment fees, as part of this process.

To demonstrate our commitment to Freely Chosen Employment, and in alignment with the legal requirements of the California Transparency

in Supply Chains Act, we introduced a Statement on Slavery and Human Tracking in 2012. This statement also incorporates the requirements of the UK Modern Slavery Act and and the Australian Modern Slavery Act of 2018. The statement is subject to review and update by our Board of Directors on an annual basis. The latest version of the statement is available on our website and communicates the key mechanisms we have established to eradicate the risk of slavery and human tracking.

Young Workers

Our requirements

in relation to Young Workers reect RBA requirements and include Zero Tolerance for child labor. Child Labor is dened as work by any person under the age of 15, under the age for completing compulsory education in the country of origin, or under the minimum age for employment in the country of origin (whichever is greatest). Workers under the age of 18 are protected from work that could potentially impact their health or safety (e.g. night shifts and excessive overtime). Apprentices, Interns and Student Workers can only be employed when adequate policies and procedures are in place. We check identication documents and interview a sample of workers on a periodic

basis to verify employee age, as part of our internal and supplier audit programs.

In April 2019, VAP Auditors identied one priority nding, in relation to Young Workers

- student workers were found to be working overtime and night shift. This is not in line with our company policy or RBA requirements. It is an unacceptable situation that we work hard to avoid. We outlined a corrective action plan to fully address the issue and we have put measures in place to ensure this type of issue is avoided in the future. This issue has been fully resolved and veried as such via an independent VAP follow-up assessment.

Working Hours

Eliminating excessive overtime is a key

commitment of ours and a key requirement of the RBA Code of Conduct. It remains a signicant challenge for our sector as a whole. While all overtime hours are done so on a voluntary basis and requested or agreed by workers directly, excessive overtime can have adverse eects on the safety and wellbeing of workers and over long periods can have impacts on health, and quality of life. The root causes of excessive overtime are usually forecasting, capacity planning issues, shortened production

Logitech Sustainability Report FY20 91

Human Rights and Labor

continued

timelines and seasonal spikes in production demand. Traditional compensation models also often reward overtime with additional pay, which can sometimes encourage workers to request working hours in excess of that permitted by local law or endorsed by RBA.

In April 2019, VAP Auditors identied one major and one minor nding, in relation to working hours at our production facility. For a sample of employees hours worked during a workweek exceeded 60, which exceeds RBA requirements. We continue our eorts to train, educate and communicate good practices and approaches to enable better management of the working hours at our production facility and perform regular management reviews of performance versus ndings. VAP Auditors also identied a major nding, in relation to management of working hours of contractors. We put measures in place to address this issue and closure of this nding was veried by thirdparty VAP Auditors during a follow-up audit in November.

Wages and Benets

Our approach and compensation structures are fully aligned with the RBA Code of Conduct requirements. Worker compensation complies with all applicable wage laws, including those relating to minimum wages, overtime hours

and legally mandated benets. Workers are compensated for overtime, at pay rates greater than the regular hourly rate. Deduction of wages as a disciplinary measure is not permitted. Workers are provided with wage statements and we carry out worker interviews to ensure workers know how to check and verify that they have received accurate compensation for work performed.

Humane Treatment

The RBA Code of

Conduct includes requirements to ensure humane treatment of workers and safeguard workers from actual or threatened sexual harassment, sexual abuse, corporal punishment, mental or physical coercion or verbal abuse.

We have clearly dened policies and disciplinary procedures addressing these risks and those policies and procedures are communicated to workers. In reality, we look to signicantly surpass RBA requirements for humane treatment, and instead be known as an employer of choice, and a place where workers feel respected and fully engaged, as members of the global Logitech team.

Equality and Freedom from Discrimination

We are committed to providing a workplace free from harassment and

unlawful discrimination. We have established recruitment and employment practices to safeguard against discrimination based on race, color, age, gender, sexual orientation, gender identity and expression, ethnicity or national origin, disability, pregnancy, religion, political aliation, union membership, covered veteran status, protected genetic information or marital status.

Workers or potential workers are not subjected to physical exams that could be used in a discriminatory way. Our policies and practices reect RBA requirements, and compliance with the RBA Code is stipulated as a requirement in our contracts with suppliers and recruitment agencies. We check and compare the wages, rewards and training records for various individuals at our production facility to ensure discriminatory practices are not implemented in any area.

Freedom of Association

We respect the right of all workers to form and join trade unions of their own choosing, to bargain collectively and to engage in peaceful assembly, as well as the right of workers to refrain from such activities.

We maintain an open-door policy and provide workers the opportunity to openly communicate and share their ideas and concerns with management regarding

92 Logitech Sustainability Report FY20

Introduction Products and

the environment

People and society

About this report

working conditions and management practices without fear of discrimination, reprisal, intimidation or harassment. Key mechanisms of employee engagement are described further in the

Stakeholder Engagement

section of this report.

Conict Minerals

Management of risks relating to Conict

Minerals is a key part of our human rights program. For further information on this aspect of our sustainability performance, please refer to our Conict Minerals Policy and the Conict Minerals section of this report.

Health & Safety

We have an

established H&S management system, which is certied to international health and safety standard ISO 45001 and compliant with the RBA Code of Conduct, which reects ILO Guidelines on Occupational Safety and Health.

We work in accordance with RBA requirements including specic provisions relating to the Hierarchy of Controls and addressing key risks associated with our sector e.g. emergency preparedness, management of occupational injuries and illnesses, industrial hygiene, physically demanding work and machine guarding.

We aim to establish and maintain a safe and healthy work environment, which enhances worker retention and morale and recognize the essential need for ongoing consultation, communication, training and education to identify, manage and solve health and safety issues in the workplace.

In April 2019, VAP Auditors reviewed our Industrial Hygiene Management Plans and identied one major nding, relating to the use of qualied agents for evaluations. We outlined a corrective action plan to fully address the issue and we have put measures in place to ensure this type of issue is avoided in the future. This issue has been fully resolved and veried as such via an independent VAP follow up assessment.

Welfare Arrangements

Welfare facilities are provided in accordance with RBA Code requirements and include toilet and sanitary facilities, potable water, food preparation, storage, and eating facilities. Worker accommodation is maintained clean and safe, and provided with appropriate emergency access and egress, hot water for bathing and showering, adequate heat and ventilation, and reasonable personal space. Our overall objective is to signicantly exceed RBA

2009

RBA VALIDATED AUDIT PROCESS VAP ESTABLISHED

Logitech Sustainability Report FY20 93

Human Rights and Labor

continued

requirements and provide facilities that enhance the daily working life of employees and ensure our production facility is a great place to work.

Talent Development

Our employee development programs oer workers the opportunity to grow, learn new skills and develop.

Our dedicated training center at our production facility includes workshop facilities, presentation areas and simulated production lines for workers to try out and learn new skills. New employees are provided with robust induction training and put forward for additional training following dened periods of on-the-job experience.

Labor Relations, Engagement and Consultation

Ensuring open, two-way dialogue between managers and employees helps us build and maintain trusting, loyal and longlasting relationships. We look to foster an open collaborative environment where people feel empowered to give and solicit candid feedback. This philosophy and approach is communicated as part of employee induction and orientation.

At our production facility, we conduct regular team meetings and utilize mobile chat to share company news and leadership updates in local language. More formally, we conduct periodic worker interviews to collate and understand employee views, provide suggestion boxes and an anonymous whistle-

blowing mechanism, which employees can use to submit comments, condentially.

Supply Chain Standards

Further information on our approach to the management of human rights and labor performance at supplier facilities and across our supply chain is provided in the Supplier Development section of this report.

94 Logitech Sustainability Report FY20

Introduction Products and

the environment

People and society

About this report

SUPPLIER DEVELOPMENT

Our continued success is coupled to the continued success of our suppliers. We look to establish long-term relationships with our suppliers, based on shared values of ethics, good practice and RBA Code compliance.

As a small company, playing in a global market, we recognize the value of collaboration. We joined the Responsible Business Alliance (RBA) in 2007, to collaborate with industry peers and competitors alike and develop tools and programs addressing the sustainability challenges facing our sector today. The RBA has an established Code of Conduct (“the RBA Code”), which is reective of international norms and good practice, including the Universal Declaration of Human Rights, ILO International Labour Standards, OECD Guidelines for Multinational Enterprises, ISO 45001, ISO 14001 and SA8000. We have adopted the RBA Code in full, as indicated in our RBA Code Commitment Statement. It is fully reected in our internal policy framework and is our framework for supplier management.

Approximately 50% of our annual revenue is generated from the products we manufacture at our own production facility, where we are primarily engaged in nal assembly and testing activities for components supplied by a network of Component Manufacturers. The other 50%

of our revenue (approx.) is generated from products that are manufactured by Joint Design Manufacturers (JDMs) and Contract Manufacturers, working to our specications and with our oversight. We work in partnership with our suppliers to ensure Logitech products are produced in accordance with international good practice sustainability and quality. RBA Code compliance is a requirement in supplier contracts, provides the framework for our audit program, and is embedded in our due diligence process for mergers and acquisitions as well as new company or new supplier qualication and integration. We also require suppliers to apply the RBA Code to their own suppliers, thus driving RBA Code adoption across our full value chain, as a condition of doing business with Logitech.

Supplier Performance and Auditing Activities

The RBA Code denes Major Suppliers as the suppliers who account for 80% of direct spend. We audit all our Major Suppliers each year and also any other suppliers, who are

deemed to be “high-risk”, as per our risk assessment criteria.

Our Major Suppliers do not signicantly change year-onyear. High-risk suppliers must be identied by risk assessment and the RBA provide guidance and tools for that process (e.g. RBA’s Self-Assessment Questionnaire (SAQ) and Risk Assessment Tool). At our request, suppliers use these tools to carry out a self-evaluation of their performance and to disclose pertinent information regarding their business activities and organization. We carry out a desk-based review of that information to verify accuracy and completeness, and determine the level of risk and the need for on-site audit. We consider a number of factors including the type of supplier (e.g. 100% of JDM’s are considered high-risk, because of their critical role in product manufacturing, 100% of new suppliers are considered to be high-risk during the early stage of our relationship, while we work to verify alignment with good practice expectations).

We also take into account the supplier’s manufacturing processes (e.g. spray-painting

Logitech Sustainability Report FY20 95

Supplier Development

continued

suppliers can be high-risk because of potential impacts on the environment and product experience), and risks associated with the supplier’s country location. Any supplier who scores less than 65% on the RBA’s SelfAssessment Questionnaire is also considered to be high-risk. Major and High-risk suppliers are included in our audit plan for the year and both Tier 1 and Tier 2 suppliers are considered, as part of this risk-based assessment. We call the resulting pool of suppliers our In-Scope Suppliers.

Compliance with the RBA Code of Conduct (including all provisions relating to human rights and labor) is a contractual requirement of all Signicant Investment Agreements.

•

screen 100% of new suppliers

as part of our established prequalication process to

To this end we:

check and verify supplier compliance with Priority Aspects and legal requirements; and

•

audit 100% of other In-

Scope Suppliers, at least annually, to check and verify continued compliance with all aspects of the RBA Code.

With our Customer Managed Audit (CMA) process, we replicate the Validated Audit Process (VAP) approach that is implemented and advocated by RBA and use RBA-endorsed VAP protocol and tools. In CY19, we completed 80 supplier audits covering 100% of our In-Scope Suppliers and 100% of new suppliers. Our audit process includes a full process for corrective action planning, tracking and reporting. A sample of the types of ndings we are identifying is provided below (organized by RBA Category).

of the RBA Code

Supplier Strategy

Our Quarterly Business Review (QBR) process is where we consider sustainability performance as an integral part of supplier performance, to inform our supplier strategy and business decisions. The QBR process involves an assessment of six main categories of supplier performance: Engineering, Sustainability, Quality, Demand/Supply capability

100%

NEW SUPPLIERS AUDITED

100%

INSCOPE SUPPLIERS AUDITED

CY19

Number of In-Scope Factories 44

% of In-Scope Factories audited for RBA Code Compliance

Number of audits completed 80

Number of New Factories 24

% of New Suppliers audited 100%

1 This term “Signicant Investment Agreement” is aligned with the denition used by the Global Reporting Initiative (GRI) and used to describe contractually-binding

Supplier Agreements established between Logitech and our direct suppliers.

2 The RBA term “Priority Finding” is a nonconformance which has signicant and immediate impact. RBA quotes the following examples: Health and safety issues that

can cause immediate danger to life or serious injury; environmental issues that can result in serious and immediate harm to the local environment or community.

96 Logitech Sustainability Report FY20

100%

11%

44%

35%

Audit Findings, by RBA Category

Labour

Health & safety

Environment

Management Systems

Introduction Products and

the environment

People and society

About this report

and Commercial aspects. For quantitative elements of the assessment process, engineering performance carries a 25% weighting and other categories of performance (including sustainability performance) each carry a 15% weighting. However, the scoring process is only one part of the QBR process and we adjust the focus of the review, where necessary to also consider alignment with company sustainability policies, objectives and key risks, which cannot be easily quantied. Suppliers who receive high QBR scores are identied in our approved supplier list with a “preferred” status. They benet from additional development opportunities, including a greater opportunity to expand their business and relationship with us. Suppliers with low QBR scores are subject to additional auditing and commercial restrictions (e.g. no new contracts) and ultimately termination if performance does not improve.

Supplier Capability-Building

We understand auditing alone is not enough to develop a supplier. We host and facilitate supplier capability-building events, where we facilitate discussions of Logitech standards and international good practice, while helping suppliers to share best practices and lessons learned, with each other. We also connect our suppliers with RBA capability-building sessions and development resources and encourage their participation

in such sessions, to achieve independent certications.

In the last year, we provided supplier training on a number of topics, including occupational health and safety, and labor management expectations relevant to dispatch (contract/ agency) workers. Our onsite engagement program of capability building and audits continued in FY20 to help suppliers understand our good practice requirements, identify where improvements could be made, and develop real and measurable improvement plans to enhance the lives of real people, their communities and the environment.

For our annual Supplier Conference, exceptional circumstances (travel restrictions due to Covid-19 outbreak) lead us to transition the usual live event, to a Zoom Webinar forum. The Zoom webinar format allowed us to more than double supplier attendance, with almost 40% of participants conrming they were attending from home. Our goal was to provide our key suppliers an update on our business, trends and expectations for the coming scal years and this year, we placed particular emphasis on sustainability, with sessions on climate action, renewable electricity and design for sustainability. We invited suppliers to partner with us for change. We also continued our supplier incentivization

program, with the award of a Logitech Torch Award for most improved sustainability performance. We introduced the Sustainability Torch in 2016, to acknowledge our commitment to leading the way to a more sustainable future, and “passing the torch” to our suppliers.

We want to make sustainability a pervasive part of supply chain sourcing and manufacturing. We’re targeting areas where we have the greatest potential to create value and lead the way.

Logitech Sustainability Report FY20 97

Kirsty Russell Head of People & Culture

98 Logitech Su stainability Report FY20

Introduction Products and

the environment

People and society

About this report

In the past year, Logitech has put an invigorated focus on both people and communities because we have an ambition that ‘together we can drive big change.' There’s no question that now, more than ever in our recent history, it is our responsibility to not only do what’s right for, and brings out the best in, our people; it’s our responsibility to help level the playing eld for all people to create more fullling lives. And by dedicating ourselves to the communities in which we live and work, either as Logitech or by joining forces with others, we’re doing our part to create more inclusive communities and a more just society. The following areas of this report will provide an overview and highlights of Logitech’s social handprint

- our framework for making a positive impact on people and the various ways we take this from theory to practice.

While this report is focused on the past year’s events, I’m compelled to fast-forward to today because it’s dicult not to address the unprecedented times we’ve all been navigating. And even through the challenges of today, I continue to be impressed by how every individual, team, and Logitech site continues to do

whatever they can to give back to their local and professional communities. In fact, our people’s dedication to bettering people and communities is such a common thread that we’ve expanded our cultural values to celebrate this, and to continue to demand it. For quite some time, we’ve taken pride in being Open & Ourselves, and

Humble but Hungry, that we Decide & Do, and Collaborate

but Challenge. We’ve now added Equality & Environment as a new cultural value. The sentiment of the new value has always been in the company, but we are working harder than ever to oer equitable opportunity and equal access to resources no matter your gender identity, race/ethnicity, sexual orientation or other diversity dimension. There is so much we need to do, and so much that we’re ambitious to do; I am proud to be with a company and people that are up for the challenge.

Kirsty Russell

Head of People & Culture

Logitech Sustainability Report FY20 99

DIVERSITY AND INCLUSION

At Logitech, we are beautifully diverse. This gives us the unique perspectives and experiences needed to innovate, understand dierent markets and pull together across the globe to make things happen locally and build a competitive advantage.

We foster an inclusive culture where employees can bring their whole selves to work and fully contribute their skills and talents. We want our employees to be valued and supported both at work and in their communities.

In FY20, we continued our diversity and inclusion journey with a closer examination of how we could drive inclusive business practices from ideation, product development and marketing to collaboration with partners. We are particularly proud of the Logitech G Adaptive Gaming Kit for gamers with limited mobility. We believe that “Life is More Fun when you Play.” Logitech G launched Creator Spotlight to raise the visibility of the creators that we work with. Logitech works to highlight underrepresented streamers and creators because we believe “you can’t be what you can’t see.”

To foster a more inclusive

environment, we continued regular training sessions to emphasize awareness of self, bias and privilege as well as what everyday inclusive action looks like.

We frequently update our people processes as systematic

infrastructure changes alongside behavior changes are key to addressing bias. We embed diversity metrics in our Organization and Talent Reviews so that leaders review progress and take actions in support of our Diversity and Inclusion Strategy. Our hiring, salary, bonus and promotion processes are refreshed regularly with an eye to evenly applied criteria and fair decision making. In FY20, we implemented an employee engagement platform with behavior change nudges to provide regular prompts for a happier and more inclusive culture.

We sponsored conferences and events globally such as Women in Data Science Zürich, Silicon Valley Pride, Breaking Glass’ Womxn of Color Forum and TechGig Geek Goddess in India. Our growing employee anity groups help employees create community, develop as

leaders, share opportunities and organize participation in local or regional events.

We encourage all of our employees to positively impact diversity and create inclusive environments both internally

and externally. At our Swiss headquarters, we continued our ongoing partnership with Ecole Polytechnique Fédérale de Lausanne (EPFL) to encourage and support girls in STEM by hosting students for coding camps and workshops.

At our production facility, we

ensure equal pay for equal work and periodically benchmark

our benets packages with relevant peer companies and good practice. We work with our suppliers to maintain the same standards at our supplier facilities, with periodic audits to check working hours and any gender bias in relation to remuneration, benets or development opportunities.

In June of this year, our CEO made a Diversity Pledge setting out seven key commitments to diversity action, from our products, to our employees, to our procurement practices, to our suppliers. We believe our supply base should be reective of the diversity of the communities and markets that we serve. As a global company operating across a diverse range of markets, we believe our customers are best served

100 Logitech Sustainability Report FY20

Logitech FY20 User Manual

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