Climate Change Data

Environmental Metrics

ESG Focus Areas

• Sustainable agriculture
• Responsible companies
• Well-being

Environmental Achievements

• Boortmalt's commitment to a 42% reduction in greenhouse gas emissions by 2030, aligned with the Paris Agreement
• L'Angélys' investment in a nitrogen freezing tunnel and CO2 refrigeration unit, eliminating freon gas and reducing water consumption
• Unigrains' project for three self-consumption photovoltaic plants to cover 25% of electricity needs
• Development of a collection system for empty drums from customers to ensure their return for recycling

Social Achievements

• L'Angélys' initiative to open career prospects for employees by encouraging them to take over store management and offering support
• Unigrains Solidarity Initiative raising over €60,000 for charities
• Unigrains' participation in France’s national food bank drive
• Unigrains' sponsorship of the Agro ParisTech Foundation
• Unigrains' commitment to promoting gender equality through the France Invest Gender Equality Charter

Governance Achievements

• Adoption of an Ethics and Responsibility Charter
• Signatory to the Principles for Responsible Investment (PRI)
• Signatory to the France Invest Responsible Investment Charter
• Systematic ESG analysis of investment opportunities
• CSR interviews with portfolio companies

Climate Goals & Targets

Environmental Challenges

• Decarbonization in malt production (Boortmalt)
• Cold production and water consumption (L'Angélys)
• Strengthening local supplies (L'Angélys)
• Diverse CSR maturity levels among portfolio companies
• Environmental impact of food production

Mitigation Strategies

• Boortmalt's investment in biomass and solar thermal power plant
• L'Angélys' investment in a closed water circulation system and heat recovery system
• Boortmalt's collaboration with suppliers on emissions reduction
• Unigrains' support for partner companies in defining CSR improvement areas
• Unigrains' Best Practices exchange platform

Supply Chain Management

Responsible Procurement

• Boortmalt's commitment to responsible barley sourcing

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: ISO 26030

Environmental Metrics

ESG Focus Areas

• Responsible Investment
• Energy transition
• Agro-ecological transition
• Talent Attraction and Management
• Positive Societal Impact

Environmental Achievements

• Introduced a consumption monitoring system for Unigrains and TMG group sites.
• 65% of investments in 2021 included a CSR specific clause or CSR criteria linked to financials.

Social Achievements

• Regularly welcomes interns.
• Built links with the AgroParisTech school.
• Signed France Invest’s Gender Equality Charter.
• Mecatherm welcomes around 40 work-study students and apprentices annually.
• Mecatherm launched a Great Place To Work initiative.

Governance Achievements

• Appointment of Eric Thirouin as President and Maxime Vandoni as CEO.
• Systematic integration of CSR maturity assessment into investment case analysis.
• Legal documents now include reference to Unigrains’ public CSR commitments.

Climate Goals & Targets

Environmental Challenges

• Investing without identifying and monitoring the target’s CSR maturity.
• Not being a driver of the energy transition.
• Not being a driver of the agro-ecological transition.
• Lack of attractiveness to acquire and retain talent.
• Neglecting the company’s ability to be a vector of positive societal impact.

Mitigation Strategies

• Systematic CSR maturity assessment in investment analysis using ISO 26030 standard.
• Implementation of a consumption monitoring system, carbon footprint assessment planned for 2022.
• Pre-investment analysis integrates climate transition issues, assessing company commitment.
• Regular intern programs, links with AgroParisTech, France Invest Gender Equality Charter.
• Support for Fert, AgroParisTech Foundation, Open AgriFood, Unigrains Solidaire Initiative.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI, SASB, TCFD

Environmental Metrics

ESG Focus Areas

• Responsible Investment
• Energy transition
• Agro-ecological transition
• Talent Attraction and Management
• Positive Societal Impact

Environmental Achievements

• Completed two carbon footprints (one for financial services, one for Mecatherm's industrial activities); reduction plans to be developed in 2023.
• Implemented energy saving measures at Unigrains headquarters (delayed heating, thermostat adjustments, etc.)
• Launched project to change heating and air conditioning system at Maillot building to reduce consumption and emissions.
• Mecatherm (subsidiary of TMG) carried out roofing and cladding work to improve thermal insulation and installed LED lighting.

Social Achievements

• Great Place To Work rollout and certification at Unigrains.
• Opening of International Mobility opportunities for employees.
• Implementation of the Sustainable Mobility Package planned for early 2023.
• Unigrains Solidaire Initiative raised €44k for charities aiding Ukrainian people.
• Participation of Unigrains delegation in FERT Meetings in Côte d’Ivoire.

Governance Achievements

• Systematic use of a CSR analysis and monitoring grid for all direct investments in 2022.
• 100% of direct investments in 2022 underwent in-depth CSR analysis.
• CSR Manager participation in each decision-making body.

Climate Goals & Targets

Environmental Challenges

• Investing without identifying and monitoring the target’s CSR maturity.
• Not being a driver of the energy transition.
• Not being a driver of the agro-ecological transition.
• Lack of attractiveness to attract and retain talent.
• Neglecting the company’s ability to be a vector of positive societal impact.

Mitigation Strategies

• Head of CSR present in all investment process bodies; use of CSR analysis tools and maturity assessments.
• Implementation of energy saving measures, carbon footprint assessments, and reduction plans.
• Supporting responsible agriculture through investments, studies, and partnerships (Unilis Agtech).
• Implementing Great Place To Work program, international mobility, and revised remuneration policy.
• Supporting charities (Unigrains Solidaire), Fert, AgroParisTech Foundation, and engaging in volunteering.

Supply Chain Management

Responsible Procurement

• CSR criteria integrated when choosing suppliers; included in quality questionnaires/controls/audits.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI, ISO 26030

Certifications: Great Place To Work, QualiOPI (Mecatherm)

Awards & Recognition

• Great Place To Work
• Happy Trainees (Mecatherm)