Climate Change Data

COFIDUR SA

Climate Impact & Sustainability Data (2021, 2022-06)

Reporting Period: 2021

Environmental Metrics

ESG Focus Areas

  • Social
  • Environmental
  • Governance

Environmental Achievements

  • 70% waste valorization at Laval site (improving), aiming for 75% in 2022
  • 73% waste valorization at Périgueux site (improving), aiming for 75% in 2022
  • Studying variable compressor technology with heat recovery at Laval site to reduce energy consumption

Social Achievements

  • Gender equality index of 94/100 in 2021
  • Successful completion of the Montpellier site's redundancy plan
  • Change of control with 7 executives taking over from historical shareholders

Governance Achievements

  • Implementation of the "Ambition 2025" strategic plan with focus on growth, digital conquest, communication, and human capital
  • Appointment of new board members Nicolas Djerbi and Hervé Olry

Climate Goals & Targets

Medium-term Goals:
  • Implement the Ambition 2025 plan
Short-term Goals:
  • Achieve 75% waste valorization at both Laval and Périgueux sites by 2022

Environmental Challenges

  • COVID-19 pandemic impact, particularly on the aeronautics sector
  • Global component shortage, impacting supply chains and production
  • Increased component prices requiring negotiations with clients
  • Delays in component deliveries blocking production
  • Recruitment difficulties across most company departments
Mitigation Strategies
  • Implemented measures to limit COVID-19 spread and ensure employee safety (telework)
  • Increased stock levels to secure component supply
  • Negotiations with clients to manage increased component prices and delays
  • Securing supply with clients
  • Sale of Montpellier site
  • Obtained a 533K€ investment grant under the France Relance program for modernization and digitalization
  • Partial repayment of a government-guaranteed loan (PGE)

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Period: 2022-06

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Not disclosed

Environmental Achievements

  • Not disclosed

Social Achievements

  • Not disclosed

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Global component shortage impacting production and revenue.
  • Cyberattack in February 2022 causing operational slowdowns and financial consequences.
  • Increased component costs, higher salaries, energy prices, and transportation costs negatively impacting profitability.
  • High absenteeism due to COVID-19.
  • Difficulty in recruitment across most company departments.
Mitigation Strategies
  • Implementation of alternative sourcing strategies.
  • Securing supply with clients to anticipate needs.
  • Negotiations with clients to address cost increases.
  • Deployment of Ambition 2025 project to address challenges and drive growth.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed