Climate Change Data

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