Climate Change Data

Sienna AM France

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

ESG Focus Areas

  • Climate change
  • Biodiversity conservation
  • Diversity, Equity, and Inclusion (DE&I)

Environmental Achievements

  • Reduced scope 2 emissions by 71% (1.7 tonnes of CO2e) and scope 3 emissions by 29% (78 tonnes of CO2e) compared to 2022.
  • Achieved a 40% reduction in energy consumption by 2022 (compared to the base year) in their building.
  • Implemented a green mobility policy for employees.

Social Achievements

  • 100% of employees received at least 4 hours of ESG training.
  • Two disability awareness training sessions were organized in 2023.
  • Qualitative targets set in profit-sharing agreements to measure progress in terms of parity (women in management teams, promotion, etc.). Two out of three targets were met by 2023.

Governance Achievements

  • Established an ESG Supervisory Committee and an Operational ESG Committee.
  • Supervisory Board comprised of 30% independent members and 30% women.
  • Included at least one ESG objective in the objectives of all employees.

Climate Goals & Targets

Long-term Goals:
  • Long-term transition to carbon neutrality by 2050.
Medium-term Goals:
  • Medium-term transformational actions across all the Group’s businesses, including Private Credit.
Short-term Goals:
  • Define short-term climate targets by 2025 aligned with limiting global warming to 1.5°C (SBTi).

Environmental Challenges

  • Access to high-quality extra-financial data from small and medium-sized enterprises (SMEs).
Mitigation Strategies
  • Organized direct collection of ESG data from all fund borrowers since 2021, partnering with Tennaxia.
  • Contracted Iceberg Data Lab in July 2023 to obtain a biodiversity footprint for each portfolio line (except Granular financing and Public Sector financing).
  • Partnered with Carbometrix to calculate financed emissions and offer a carbon footprint measurement tool to borrowers.
  • Will be using Weefin's "ESG Connect" platform by the end of 2024 to integrate, centralize, and monitor ESG data.

Supply Chain Management

Responsible Procurement
  • Responsible purchasing policy and charter introduced in 2023.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: PRI, UN Global Compact, TCFD, SASB, SBTi

Certifications: Greenfin Label

UN Sustainable Development Goals

  • SDG 7
  • SDG 8
  • SDG 9
  • SDG 11
  • SDG 12
  • SDG 13

Investments contribute to various SDGs depending on the fund and project.