Compagnie Plastic Omnium SE
Climate Impact & Sustainability Data (2016, 2021, 2023)
Reporting Period: 2016
Environmental Metrics
Total Carbon Emissions:438,527 tCO2e/year
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:902,560 MWh/year
Water Consumption:1,670,943 m3/year
Waste Generated:89,464 tons/year
Carbon Intensity:Not disclosed
ESG Focus Areas
- Employee safety
- Environmental protection
- Corporate Social Responsibility (CSR)
- Energy management
- Waste management
- Supply chain responsibility
- Ethical business practices
- Gender equality
- Diversity and inclusion
- Chemical risk management
- Climate change adaptation
Environmental Achievements
- 93 sites (90% of scope) achieved ISO 14001 certification.
- 24 sites achieved ISO 50001 certification.
- 88% of waste recycled or recovered.
- Reduction in accident frequency (FR2) to 3.67 (from 4.80 in 2015), a 24% decrease.
- Reduction in accident severity (Tg) by 40% to 0.06 (from 0.10 in 2015).
Social Achievements
- 95% employee participation rate in engagement survey.
- Work satisfaction increased by 5% to 77%.
- Employee engagement level at 42%.
- Launched in-depth study to understand manager and engineer turnover.
- Implemented “Stay interviews” to improve employee retention.
- Successfully integrated over 5,000 Faurecia employees.
- Implemented a new sickness benefit program in France.
Governance Achievements
- Developed a Suppliers’ Charter to reinforce consideration of social, environmental, societal, and ethical impacts.
- Conducted 180 supplier audits (including social and environmental issues).
- 976 employees completed Code of Conduct training.
- 274 employees completed “Competition” Code of Conduct training.
- Implemented “Golden Rules” of internal control.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Reduce accident frequency by 20% per year by 2020.
Environmental Challenges
- Supply chain challenges related to CSR compliance.
- Meeting customer CSR requirements.
- Managing the integration of 15 new sites acquired from Faurecia.
- Reducing energy consumption while integrating new sites with higher energy consumption.
- Addressing increasing greenhouse gas emissions due to changes in energy mix and scope.
- Managing turnover of managers and engineers.
Mitigation Strategies
- Circulated a CSR guide in 18 languages to suppliers and subcontractors.
- Implemented compliance audits for suppliers.
- Developed a program of visits and meetings to integrate Faurecia employees.
- Set a target to reduce energy consumption by 2% per kg of material processed (though this was impacted by scope changes).
- Defined new indicators to extend the calculation of significant emissions.
- Launched an in-depth study and action plan to address manager and engineer turnover.
Supply Chain Management
Supplier Audits: 180 audits in 2016
Responsible Procurement
- Suppliers’ Charter
- ISO 14001 or OHSAS 18001 certification requirements
- Compliance with REACH regulation
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Development of energy-efficient products and processes.
Reporting Standards
Frameworks Used: GRI G4, United Nations Global Compact
Certifications: ISO 14001, OHSAS 18001, ISO 50001
Third-party Assurance: Mazars
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Aqueous and solid SCR technologies for reducing diesel emissions.
- Higate Premium tailgate made with recycled carbon-reinforced polypropylene.
- Connected waste containers with incentive charging system.
Awards & Recognition
- Global Contribution Award and Superior Value Improvement Award from Toyota.
- Best of the Best Plant Award from PSA group.
- Family Business Award of Excellence for France.
- Entrepreneur of the Year Award by EY and L’Express.
Reporting Period: 2021
Environmental Metrics
Renewable Energy Share:32%
ESG Focus Areas
- Sustainable Mobility
- Carbon Neutrality
- Innovation
- Operational Excellence
- Diversity & Inclusion
Environmental Achievements
- 86% of waste recycled or recovered
- 32% of electricity purchased from renewable sources in 2021
- 5 plants producing renewable energy, with 20 additional plants starting in 2022
- Carbon neutrality roadmap in place with milestones for 2025 and 2030
- Platinum status by EcoVadis and B rating from CDP for climate change response
Social Achievements
- ACT FOR ALL™ program implemented
- 875 interns and work-study students hired in 2021
- 2,750 suppliers audited for CSR commitment
- Accident frequency rate (FR2) halved since 2019 (0.69)
- Increased diversity in executive committee
Governance Achievements
- Appointments Committee renamed Corporate Sustainability and Appointments Committee
- Robust risk management framework in place
- Board of Directors with significant female representation (8 women, 54%) and independent directors (5, 38%)
Climate Goals & Targets
Long-term Goals:
- Complete carbon neutrality across Scopes 1-3 by 2050
- €3 billion revenue from hydrogen by 2030
Medium-term Goals:
- 30% reduction in CO2 emissions across the value chain (Scope 3) by 2030
Short-term Goals:
- Carbon neutrality for Scopes 1 and 2 emissions by 2025
- Reduce power use by 12% by 2025
Environmental Challenges
- Shortage of semiconductors
- Rising commodity prices
- Fast-changing health crisis
- Market slowdown after 10 years of growth
Mitigation Strategies
- Increased flexibility and cost-cutting measures
- OMEGA transformation program for improved responsiveness and agility
- Diversification of business activities
- Strategic partnerships to access new technologies and materials
Supply Chain Management
Supplier Audits: 2,750
Responsible Procurement
- Responsible purchasing charter
Climate-Related Risks & Opportunities
Opportunities
- Hydrogen mobility
- Recycled materials
UN Sustainable Development Goals
- Goal 7 (Affordable and Clean Energy)
- Goal 9 (Industry, Innovation and Infrastructure)
- Goal 11 (Sustainable Cities and Communities)
- Goal 12 (Responsible Consumption and Production)
- Goal 13 (Climate Action)
Sustainable Products & Innovation
- Hydrogen solutions
- Recycled material bumpers
- 4D radar
Awards & Recognition
- VIE Grand Prix award
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:29.9 Mt CO2e (excluding Lighting)
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:32% in 2023
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Climate Change
- Social Responsibility
- Governance
Environmental Achievements
- Reduced CO2 emissions by 19.7% (Scopes 1 & 2) and 30.3% (Scope 3) vs. 2019 (excluding Lighting)
- 16 GWh renewable energy produced at Plastic Omnium sites, avoiding 5,000 tonnes of CO2 emissions
- 86% of waste recycled or recovered
- Agreement with EDF to cover 50% of French electricity needs with renewable sources by 2026
- Achieved EcoVadis Platinum status (80/100) and CDP Climate A rating
Social Achievements
- 29.7% women in the Group, 24.4% women engineers and managers
- Over 200 Sustainability Ambassadors
- 1,233 youth apprentices, VIE & trainees
- 85% of sites ran at least one health campaign every year
- 84% of sites engaged in local initiatives via the ACT FOR ALL™ program
Governance Achievements
- 43% independent directors on the Board
- 57% women on the Board
- Three specialized committees supporting the Board (Audit, Appointments & CSR, Compensation)
Climate Goals & Targets
Long-term Goals:
- Carbon neutrality by 2050
Medium-term Goals:
- 30% reduction in Scope 3 CO2 emissions compared to 2019 levels by 2030
- €15 billion revenue by 2030, with 40% from new activities
Short-term Goals:
- Carbon neutrality for scopes 1 and 2 by 2025
Environmental Challenges
- Unstable geopolitical environment
- Uncertain macroeconomic outlook
- Evolution of electric mobility
- Short-term market uncertainties
Mitigation Strategies
- Adapting strategy without deviating from it, building a versatile and well-balanced group
- Diversification across technology, geography, and commercial activities
- Increased investment in digital and data monitoring
- Ramping up agility to respond to short-term uncertainties
Supply Chain Management
Supplier Audits: 95% of Group purchases evaluated as part of our Know Your Suppliers policy
Responsible Procurement
- Know Your Suppliers policy
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Development of energy-efficient products
Reporting Standards
Frameworks Used: Null
Certifications: ISO 14001 (92% of sites)
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Hydrogen storage systems, fuel cells, battery systems, energy-efficient exterior body panel systems
Awards & Recognition
- Stellantis Supplier of the Year Awards (Regional and Global)
- German Design Award 2024
- CES Innovation Award 2024