Climate Change Data

Environmental Metrics

ESG Focus Areas

• Health and safety of employees
• Skills development and training
• Circular economy
• Waste management and processing
• Customer satisfaction
• Donations and patronage

Environmental Achievements

• Installation of photovoltaic panels on the roofs of 14 stores in the Netherlands, producing 4,293 MWh in 2023.
• Installation of 1,600 m² of photovoltaic panels on the roof of Mavic's headquarters, producing 326 MWh in 2023.
• Implementation of actions to reduce water consumption in hotels (dry steam cleaners).
• Two hotels obtained the Green Key label in 2024.

Social Achievements

• Implementation of a motivating salary policy based on merit.
• Offering motivating career prospects to all employees.
• Investment in equipment to reduce the strain on work and combat musculoskeletal disorders (MSDs) at the Lord Byron hotel.
• Training programs on safety, sales techniques, and products.

Governance Achievements

• The Board of Directors regularly reviews its composition, organization, and operation.
• Bourrelier Group refers to the Middlenext Corporate Governance Code.

Climate Goals & Targets

Environmental Challenges

• Unfavorable weather impacting sales in the DIY sector.
• High competition putting pressure on commercial margins.
• Market normalization for Mavic after exceptional years.
• High stock levels in the cycling market.
• Litigation with Intergamma regarding franchise agreements.
• Economic and financial conditions impacting investment opportunities.

Mitigation Strategies

• Commercial operations to maintain competitiveness.
• Restructuring efforts for Mavic.
• Initiation of arbitration procedures against Intergamma.
• Active search for investment opportunities.
• Investments in hotels to improve service quality.
• Efforts to maintain a healthy and efficient collaboration with Intergamma's operational teams.

Supply Chain Management

Responsible Procurement

• Use of FSC-certified wood
• REACH-certified fabrics

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

• Cosmic Ultimate 45 disc wheel