Climate Change Data

Meridiam SAS

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Climate Change
  • Biodiversity
  • Social Inclusion
  • Decent Work
  • Sustainable Cities

Environmental Achievements

  • 50% reduction of scope 1 and 2 portfolio GHG emissions by 2030 (target)
  • Carbon neutral by 2050 for scopes 1, 2, and 3 (target)
  • 92% portfolio alignment with EU Taxonomy's environmental objectives (excluding climate mitigation and adaptation)

Social Achievements

  • Launched Meridiam Asset Decarbonization (MAD) initiative to define decarbonization strategies for all assets
  • Integration of ESG criteria into employee performance assessments and carried interest
  • Published Human Rights Policy in 2023

Governance Achievements

  • Became a French Benefit Corporation (Société à Mission) in 2019
  • Obtained B-Corp Certification in 2022
  • Signatory of TCFD and UN PRI

Climate Goals & Targets

Long-term Goals:
  • Carbon neutral by 2050 for scopes 1, 2, and 3
Medium-term Goals:
  • 50% reduction of scope 1 and 2 portfolio GHG emissions by 2030
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Data limitations in accurately quantifying financial impacts of ESG risks
  • Challenges in obtaining unbiased climate data for Africa for risk assessment
  • Need to improve physical data collection for carbon footprint calculations
Mitigation Strategies
  • Continuous improvement of internal methodologies and processes
  • Partnership with external experts for ESG evaluations, carbon footprint analysis, and decarbonization strategies
  • Development and use of tools like Simpl.® and CIARA for monitoring and analysis

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • ESG criteria integrated into supplier selection
  • Social standards enforced with partners and subcontractors

Climate-Related Risks & Opportunities

Physical Risks
  • High winds & cyclones
  • Water stress
  • Sea level rise
  • Flooding & landslides
  • Lower precipitation
  • Higher average temperature
  • Higher precipitation
  • Heat waves
  • Forest fires
Transition Risks
  • Policy and legal changes
  • Market shifts
  • Reputational risks
  • Technological advancements
Opportunities
  • Development of low-carbon infrastructure

Reporting Standards

Frameworks Used: TCFD, UN PRI, SFDR, EU Taxonomy, TNFD (early adopter)

Certifications: ISO 9001, B Corp

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • SDG 7
  • SDG 9
  • SDG 11
  • SDG 13
  • SDG 14
  • SDG 15

Meridiam's five pillars are based on the SDGs most relevant to its activities.

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed