SMCP
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:259,360 tCO2e (2022)
Scope 1 Emissions:138 tCO2e (2023)
Scope 2 Emissions:5,452 tCO2e (2023)
Scope 3 Emissions:21,442 tCO2e (2023)
Renewable Energy Share:57% (2023)
Total Energy Consumption:20,782,900 kWh (2023)
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Reduced CO₂ emissions by 7.5% per product manufactured between 2021 and 2022.
- Decreased GHG emissions from freight transport by 16% between 2022 and 2023.
- Increased share of stores covered by electricity contracts with guaranteed renewables from 32% to 57% between 2022 and 2023.
- 60% of manufactured products met SMCP’s environmental criteria in 2023.
Social Achievements
- Achieved a 4.26/5 overall satisfaction score in the HappyAtWork employee survey.
- Achieved a 4.16/5 overall satisfaction score in the Happy Trainee survey.
- 33% of open positions filled through internal mobility in 2023.
- Launched SMCP Retail Lab, a training program for sales professionals, prioritizing candidates excluded from employment.
Governance Achievements
- Created a Sustainability Committee within the Board of Directors in 2023.
- 25% of variable compensation for corporate officers is based on the achievement of CSR objectives.
- CSR criteria will be systematically integrated into individual objectives of Executive Committee and Management Committees from 2024.
Climate Goals & Targets
Long-term Goals:
- Net-zero emissions by 2050 (not explicitly stated but implied)
Medium-term Goals:
- Reduce CO₂ emissions by 25% (Scope 1, 2, and 3) between 2021 and 2030.
- Achieve 100% of SKUs meeting environmental criteria by 2030.
Short-term Goals:
- Reduce water consumption by 10% by 2025 (not explicitly stated but implied)
- Achieve 80% renewable energy consumption by 2025.
Environmental Challenges
- Talent management
- Supplier, manufacturer, and product risks
- Respect for human rights, fundamental freedoms, and ethics
- Climate change and biodiversity loss
Mitigation Strategies
- Implemented policies for recruiting, motivating, and developing talent, committing to inclusion and diversity.
- Implemented policies for monitoring the safety and manufacturing conditions of products, developing supply chain traceability, and promoting the circular economy.
- Implemented policies for ensuring the health and safety of employees and promoting social dialogue.
- Implemented policies for reducing environmental impact, including measuring and reducing carbon footprint, controlling energy consumption, and rethinking points of sale.
Supply Chain Management
Supplier Audits: 217 suppliers with up-to-date social audit reports (2023); 52 audits conducted directly by the Group in 2023.
Responsible Procurement
- Code of Conduct signed by all suppliers; use of materials and transformation processes with lower environmental impact; traceability initiatives.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI, UN Global Compact, OECD Guidelines
Certifications: LEED, HQE
Third-party Assurance: Deloitte
Sustainable Products & Innovation
- Products made from materials and/or transformation processes with a lower environmental impact; recycled materials.