HIOLLE Industries
Climate Impact & Sustainability Data (2021)
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Safety and health at work
- Environmental protection
- Sustainable development
Environmental Achievements
- Created a business unit dedicated to industrial and environmental services, fostering synergies among subsidiaries and driving development in this area.
- Formalized commitment to responsible growth in a sustainable development charter since 2007 to improve practices and behaviors within subsidiaries.
Social Achievements
- Focus on improving employee safety and working conditions.
- Implementation of a human resources policy focused on permanent social dialogue, skills transfer, and adaptation to client specificities.
- Emphasis on internal training and apprenticeship contracts to retain expertise.
Governance Achievements
- Dualist structure with a Management Board and a Supervisory Board ensuring separation of management and control powers since July 1, 2007.
- Seven independent members in the Supervisory Board for improved corporate governance.
Climate Goals & Targets
Medium-term Goals:
- Continuing reflections on business diversification.
Short-term Goals:
- Mastering organic growth through strengthening human and industrial resources.
Environmental Challenges
- Financial risks (liquidity, interest rates, exchange rates)
- Legal risks (regulatory changes, litigation)
- Operational risks (market, supplier, customer, environmental)
- Dependence on major clients (Alstom representing 42.40% of consolidated revenue)
- Competition intensification and market evolution
Mitigation Strategies
- Operational liquidity management and short-term financing ensured by financial management.
- Cash flow facilities for subsidiaries, client receivables mobilization, and factoring for APEGELEC.
- Risk mitigation through client solvency analysis and credit insurance for RHEA ELECTRONIQUE.
- Diversification of activities and strategic reflections to adapt to market changes and competition.
- Regular tax and social audits with provisions for potential adjustments.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: IFRS