Vivendi Mobilizes All Its Businesses to Support Plastic Odyssey

Rhea-AI Summary

Vivendi, a notable media group, has established a partnership with Plastic Odyssey to combat ocean plastic pollution. With 20 tons of plastic entering oceans every minute, this initiative will see a ship traverse the Mediterranean and Atlantic Oceans for three years, promoting local waste management and recycling efforts. Vivendi's media channels, including Canal+ and Prisma Media, will create impactful content to raise awareness and support these goals. Vivendi is also committed to sustainable practices, producing set-top boxes with over 95% recycled plastic, thus reducing their carbon footprint by 40%. This partnership aligns with Vivendi's CSR program, Creation for The Planet.

Positive

• Partnership with Plastic Odyssey enhances Vivendi's commitment to sustainability.
• Media initiatives will leverage Vivendi's platforms to raise awareness about plastic pollution.
• Set-top boxes now made with over 95% recycled plastic, decreasing manufacturing carbon footprint by 40%.

Negative

• None.

PARIS--(BUSINESS WIRE)-- Regulatory News:

Vivendi (Paris:VIV) is committed to the fight against plastic pollution in the oceans and has become the main media partner of Plastic Odyssey. With 20 tons of plastic being dumped into the oceans every minute, Plastic Odyssey's ship will sail along the coasts of the Mediterranean and Atlantic Oceans for three years to promote local waste treatment initiatives, develop the recycling economy to create jobs, and raise awareness among local citizens.

Within the framework of this partnership, the Group's business units are mobilizing their media power in support of Plastic Odyssey's ambitions and are pursuing the mission according to their respective editorial lines. The Vivendi and Plastic Odyssey teams are working together to identify the most relevant content:

• Canal+ will produce a documentary for TV broadcast in the fall and will broadcast a web series on the digital media platforms Les Eclaireurs and Dailymotion;
• Some Prisma Media magazines, such as GEO, Ça M'intéresse and Capital, will produce print and digital content. National Geographic France has also long been committed to the issue of plastic pollution;
• The co-founders of the mission will be invited to appear on Envie d'Agir, a television show broadcast on C8 dedicated to social impact issues;
• CanalOlympia will host screening and discussion evenings in its African cinemas;
• Prevention messages will be spread within Gameloft's gaming communities;
• Havas will provide its expertise to Plastic Odyssey; and
• More initiatives will be launched throughout the mission.

"Vivendi intends to play an active role in building a more sustainable and responsible world. Through the content we produce, we have a real influence and, therefore, a responsibility. The environment lies at the heart of this responsibility, and the environmental pillar of our CSR program, Creation for The Planet, focuses on fighting climate change and protecting the environment. The partnership with Plastic Odyssey is tangible confirmation of this strong commitment, and on behalf of Vivendi, I am delighted", said Yannick Bolloré, Chairman of the Supervisory Board of Vivendi.

"Vivendi has placed support for environmental and social causes as well as the creation and distribution of responsible content at the heart of its CSR strategy, Creation for the Future. We are delighted to put the power of our media at the service of these major issues and help accelerate the impact of the Plastic Odyssey project, which is fighting for the future of the planet," pointed out Caroline Le Masne de Chermont, Chief Legal, Compliance and Corporate Responsibility Officer of Vivendi.

This partnership with Plastic Odyssey is the pinnacle of an approach initiated several years ago by Vivendi to both limit its use of plastics and increase recycling. For example, the latest generation of set-top boxes used by Canal+ (the group's primary user of plastic) is made with more than 95% recycled plastic, while the boxes themselves are now smaller, which has decreased their manufacturing carbon footprint by 40%. In addition, in France and Africa, processes have been set up for the collection, recycling and reconditioning of set-top boxes to reduce the need for new plastic materials.

About Vivendi

Since 2014, Vivendi has been building a world-class content, media and communications group. The group owns leading, highly complementary assets in television and movies (Canal+ Group), communications (Havas), publishing (Editis), magazines (Prisma Media), video games (Gameloft) and live entertainment and ticketing (Vivendi Village). It also owns a global digital content distribution platform (Dailymotion). Vivendi’s various businesses cohesively work together as an integrated industrial group to create greater value. Vivendi is committed to the environment and aims to contribute to a carbon-neutral world by adopting an approach aligned with the 2015 Paris Agreements. In addition, the group is helping to build more open, inclusive and responsible societies by supporting diverse and inventive creative works, promoting broader access to culture, education and its businesses, and increasing awareness of 21st -century challenges and opportunities. www.vivendi.com

About Plastic Odyssey

Plastic Odyssey aims to reduce plastic pollution in the ocean while creating a global network of local recycling initiatives. The project is supported by various actors who all share the desire to build a world in which plastic waste does not end up in the Ocean.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230316005428/en/

Vivendi

Source: Vivendi

FAQ

What is Vivendi's partnership with Plastic Odyssey about?

Vivendi partnered with Plastic Odyssey to address ocean plastic pollution by promoting local recycling initiatives.

How will Vivendi contribute to the Plastic Odyssey project?

Vivendi will create media content to raise awareness and support for Plastic Odyssey's environmental goals.

What initiatives are included in Vivendi's partnership with Plastic Odyssey?

Vivendi's initiatives include producing documentaries, web series, and print content focused on reducing plastic waste.

What environmental goals does Vivendi support?

Vivendi supports environmental goals through its CSR program, Creation for The Planet, aimed at combating climate change and promoting sustainability.

What changes has Vivendi made to its products to support sustainability?

Vivendi's set-top boxes are now over 95% recycled plastic, which has reduced their carbon footprint significantly.

How does the partnership align with Vivendi's overall strategy?

The partnership aligns with Vivendi's strategy to prioritize environmental and social causes as part of their CSR efforts.