ERANOVE
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:3,918,384 tCO2e
Scope 1 Emissions:824,327 tCO2e
Scope 2 Emissions:824,327 tCO2e
Scope 3 Emissions:2,269,730 tCO2e
Renewable Energy Share:29%
Water Consumption:9,250,849 m3
Carbon Intensity:490 gCO2e/kWh in 2023
ESG Focus Areas
- Governance
- Human Capital Development
- Environmental Protection
- Access to Essential Services
Environmental Achievements
- -24% fewer relative emissions from thermal power plants (gCO2e/kWh produced) over the 2015-2023 period
- Awalé and Kékéli Efficient Power achieved triple ISO quality, safety, and environment certification in December 2023
- CIE obtained ISO 50001 certification for energy management in 2021
Social Achievements
- Launched entrepreneurship training program for retiring employees
- Implemented occupational medicine system and health and safety program
- 401 SODECI employees awarded Medal of Honor for Labor
Governance Achievements
- Transformation of ethics charter into Group ethics and anti-corruption policy
- Created Group ESG Committee in 2023
- GS2E obtained ISO 37001 certification for anti-corruption management system in 2022
Climate Goals & Targets
Long-term Goals:
- Achieve climate neutrality by 2050
Medium-term Goals:
- 25% reduction in the intensity of emissions (gCO2/kWh) by 2035
- ISO 50001 certification by 2026
- ISO 14090 implementation
- ISO 37001 certification for subsidiaries by 2028
Short-term Goals:
- Reduce water consumption
- Reduce technical losses
- Implement ESMS in all areas
- Strengthen accident reporting system
- Improve facility performance
- Reduce GHG emissions
Environmental Challenges
- Non-compliance with sustainability standards and regulations
- Lack of framework/coordination/execution of ESG action plans
- Workplace accidents and occupational illnesses
- Skills loss and lack of attractiveness
- Air, water, soil, and waste pollution prevention
- Sustainable use of resources
- Climate change mitigation and adaptation
- Biodiversity and ecosystem service protection
- Health and safety of consumers
- Service and product quality, and sustainable price
- Access to essential services
- Combating customer fraud
- ESG transparency
- Dialogue with stakeholders
Mitigation Strategies
- Standardising vocabulary, procedures, management plans, indicators, monitoring, and evaluation
- Strengthening operational excellence, practices, and employee skills
- Strengthening the development, implementation, and monitoring of ESG action plans
- Implementation of a Group environmental and social management system (ESMS)
- Implementation of an occupational medicine system and a health and safety program
- Attractive global remuneration policy and social protection programs
- Introduction and certification of ISO 14001 management system
- Action program for improving facility performance
- Development of production and investment capacities
- Development of the share of renewables
- Development of energy efficiency activities
- Assessment of the physical risks of each plant and production site
- Water quality monitoring and prevention, education, and information for consumers
- Competitivity program to maintain cost prices
- Electricity for All access programs (PEPT)
- Programs and actions to combat fraud and detection capability
- Contractual commitments compliance program
- Transparent action and results
- Third-party assessment of CSR commitments
- Program of dialogue with local stakeholders
Supply Chain Management
Responsible Procurement
- Inclusion of ethical, social, and environmental clauses in all contracts
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events impacting production
- Exposure of coastal assets
Transition Risks
- Regulatory changes impacting water and power production capacities
Opportunities
- Development of renewable forms of energy
- Emergence of a market for energy efficiency
- Emergence of carbon capture and offsetting business models
Reporting Standards
Frameworks Used: GRI, ISO 26000
Certifications: ISO 9001, ISO 14001, ISO 45001, ISO 50001, ISO 37001
Third-party Assurance: Mazars SAS
UN Sustainable Development Goals
- Goal 7 (Affordable and clean energy)
- Goal 6 (Clean water and sanitation)
- Goal 13 (Climate action)
The report mentions contributions to 8 of the 17 UN SDGs
Awards & Recognition
- Compensation & Benefits award in 2017