Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced energy consumption in electricity (at least 6% less than in 2005), natural gas (-24.48%), and diesel oil (-3.37%)
• Reduced total tons of waste generated, achieving over 60% recycled or reused waste.
• Several production plants obtained ISO 14001 or EMAS certifications.

Social Achievements

• Created jobs in local communities through a local hiring policy.
• Average minimum wage for new hires was 91.5% above the Spanish minimum interprofessional wage.
• Implemented various employee wellbeing initiatives (life and accident insurance, discounted health insurance, flexible schedules).

Governance Achievements

• Implemented a Corporate Social Responsibility Committee.
• No corruption incidents reported.

Climate Goals & Targets

Environmental Challenges

• Integrating sustainability criteria into all management, activities, and products.
• Managing the complexity and diversity of supplier typologies.
• Improving integrated incident management (production and distribution).

Mitigation Strategies

• Developed environmental management systems and obtained certifications.
• Established supplier evaluation protocols.
• Implemented the PQP (Product Quality Project) system to integrate production, distribution, and after-sale service.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Supplier evaluation protocols to guarantee objective competition and transparency.
• Requirements for legal compliance and environmental commitment from suppliers with certified environmental management systems.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI G3

Certifications: ISO 14001, EMAS

Third-party Assurance: AENOR and Bidea

UN Sustainable Development Goals

• Goal 6 (Clean Water and Sanitation)

Fluidra's commitment to the sustainable use of water in leisure, domestic, and industrial applications.

Sustainable Products & Innovation

• Automatic thermal solar energy pool covers
• LED projectors
• Pro Series Inspection Boxes

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Ethics and good governance
• Environmental protection
• Community development
• Employee health, safety, and development
• Product quality and services
• Value creation and profitability
• Efficiency and innovation
• Water and its responsible use

Environmental Achievements

• Reduced water consumption by implementing several initiatives, including reducing algaecide products, replacing reactors with higher capacity ones, and removing mobile tubes for discharging chlorohydric acid.
• Recycled and reused water in production processes (specific quantities not provided).
• Reduced waste generation by improving waste segregation and minimizing waste from containers and packaging (27% reduction in common waste by Inquide).

Social Achievements

• Created the Fluidra Code of Ethics, based on the UN Global Compact's ten principles.
• Established the Ethical Channel for employee queries, suggestions, or complaints.
• Implemented various health and safety training activities, including emergency drills, first aid training, and internal awareness programs.
• Supported various social entities and projects, including the Multiple Sclerosis Foundation, Intermón Oxfam, and local communities.

Governance Achievements

• Created an Investor Relations Department to communicate with the investment community.
• Established a Code of Conduct and mechanisms for controlling conflicts of interest.
• Implemented a variable pay scheme linking director remuneration to organizational performance.

Climate Goals & Targets

Environmental Challenges

• Economic downturn impacting sales and growth.
• Need to improve data collection and reporting across all Group companies.
• Potential imbalance between men and women in some companies due to market demographics.

Mitigation Strategies

• Implemented organizational restructuring to optimize alignment with market strategies.
• Provided personalized support to companies for sustainability reporting.
• Implemented initiatives to promote equal opportunities and non-discrimination.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Supplier selection based on environmental and quality criteria.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Development of energy-efficient products.

Reporting Standards

Frameworks Used: GRI

Certifications: ISO 14001 (some companies), EMAS (some companies)

Third-party Assurance: AENOR

UN Sustainable Development Goals

• Goal 7 (Clean Water and Sanitation)

Initiatives to promote responsible water use and access to clean drinking water.

Sustainable Products & Innovation

• LED spotlights
• Skypool technology

Awards & Recognition

• GRI A+ rating for Sustainability Report 2007
• Smagua Prize for Cepex's butterfly valves
• Special mention from Sabadell City Council for AstralPool Spain's Equality program.

Environmental Metrics

ESG Focus Areas

• Internationalisation
• Diversification
• Innovation
• Efficiency
• Sustainability
• Corporate Social Responsibility
• Good Governance
• Environmental Protection
• Employee Well-being
• Stakeholder Engagement

Environmental Achievements

• Reduced energy consumption by 9.2% (excluding ATCC plant closure)
• Reduced NOx, SOx, and particle emissions
• Reduced water consumption (partially due to ATCC plant closure)
• Reduced hazardous waste by 30.8% and non-hazardous waste by 58.1%
• Increased environmental investments by 59.7%

Social Achievements

• Launched Fluidra Flex, a flexible remuneration plan for employees in Spain
• Implemented ONE to ONE performance assessment program
• Developed International Mobility Policy
• Provided approximately 24,000 hours of training to nearly 1,000 employees
• Maintained high percentage of permanent personnel (96%)
• Organized various employee engagement activities (Fluidra Day, sports events, charity work)

Governance Achievements

• Published fourth consecutive Shareholders’ Day report
• Held Ordinary General Shareholders’ Meeting
• Increased meetings with institutional investors by 35%
• Participated in Med Cap Forum
• Implemented risk management measures to comply with Organic Law 5/2010
• Updated Code of Ethics and implemented online training

Climate Goals & Targets

Environmental Challenges

• Adverse economic climate in Southern Europe
• Decline in business in Spain and other Southern European countries
• Maintaining profitability while investing in growth markets
• Minimizing environmental impact of packaging waste
• Managing exchange rate risks

Mitigation Strategies

• Strong growth in Asia and Australia (26.6% increase)
• Internationalization and diversification strategy
• Implementation of lean management measures
• Investments in R&D for sustainable products
• Cost reduction initiatives in Southern Europe
• Risk management strategies for exchange rates and interest rates

Supply Chain Management

Supplier Audits: Human rights clauses included in contracts of top 10 suppliers in 2012; 100% of new contracts and renewals in 2013.

Responsible Procurement

• Supplier Selection Policy
• Suppliers’ Code of Ethics
• Focus on local suppliers

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI (version 3.0)

Certifications: ISO 14001 (various subsidiaries), EMAS (various subsidiaries)

Third-party Assurance: AENOR (A+ rating)

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• AstralPool MAC
• Green Friendly range of products
• Electronic automatic pool cleaners
• Cyclonic pre-filters
• LED lighting
• Viron eVo pumps
• Neolysis system

Awards & Recognition

• Aster Award for Best Business Track Record
• Recognition from Círculo de Empresarios for international expansion strategy

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced energy consumption by 4.1%
• Reduced fuel oil consumption by 5.8%
• Reduced water consumption by 6%

Social Achievements

• Launched Fluidra Flex flexible compensation program in Spain, expanding to 15 companies by year-end.
• Implemented Fluidra Talent, a new e-cloud application for performance evaluation and talent development.
• Maintained 96% permanent employees.

Governance Achievements

• Modified Articles of Association and Regulations of the Board of Directors to reduce the maximum term of office of directors from six to four years.
• Implemented a system to assess possible conflicts of interest of Board members.
• Reduced directors’ overall remuneration by 8%.

Climate Goals & Targets

Environmental Challenges

• Exceptionally adverse weather conditions in the northern hemisphere in spring.
• Generally weak macroeconomic situation in Europe.
• Higher exchange rates of certain currencies.
• Irregularities in the accounts of one of the divisions (Projects division).

Mitigation Strategies

• Shutdown of the Projects division.
• Accelerated deleveraging of operations in southern Europe (saving €15 million compared to 2012).
• Strengthened position in South America, particularly Brazil (acquisition of Veico).
• Restructuring plan.

Supply Chain Management

Responsible Procurement

• Supplier Code of Ethics

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI G3 3.0

Certifications: ISO 14001 (multiple subsidiaries)

Third-party Assurance: AENOR (A+ rating)

Sustainable Products & Innovation

• AstralPool MAC®

Awards & Recognition

• Cross of Saint George (Joan Planes)
• Plus X Award (AstralPool MAC®)
• Red Dot Design Award (AstralPool MAC®)

Environmental Metrics

ESG Focus Areas

• Environmental protection
• Social responsibility
• Good corporate governance

Environmental Achievements

• Reduced electricity consumption from the public grid and cogeneration by 1.4%
• Reduced diesel consumption by 0.5%
• Reduced sulphur oxide, chlorine and hydrochlorofluorocarbon emissions
• Reduced total water consumption by 1%
• Increased reused water by 11.5%
• Reduced total waste by 1%

Social Achievements

• Maintained 93% permanent staff
• Reduced redundancies by 59 compared to the previous year
• Structural rotation (permanent staff) at 4.9%
• Implemented a pilot remote work program
• Conducted 382 training courses for 1,434 employees (13 hours/employee)
• Donated €3,000 each to three solidarity projects

Governance Achievements

• Amended Articles of Association and Regulations to comply with Law 31/2014
• Published the annual Corporate Governance Report
• Implemented the 'People Values' Code of Ethics
• Established a Confidential Channel for reporting unethical conduct
• No incidents linked to corruption

Climate Goals & Targets

Environmental Challenges

• Slowdown in emerging economies (especially China)
• Sluggish trends in the residential pool business in the US market
• Low profitability of the investment in the US market
• Impact of the complicated economic situation in China
• Slowdown of the Chinese economy
• Financial risks (exchange rate and interest rate risks)
• Technological risks
• Credit risks
• Subsidiaries management risk
• Implementation of new business activities

Mitigation Strategies

• Redefined objectives based on reasonable criteria
• Bolstered sales in market segments where the economic situation is more favorable
• Made structural changes at operational and logistical level
• Continuous assessment of business activities
• Continuous monitoring for exposure to financial risks
• Policies and measures to mitigate financial risks
• Criteria and development policies to protect technology
• Team dedicated to customer risk management
• Invictus project to standardize procedures and internal controls
• Hired specialized external consultants for advice on procurement processes
• Implemented necessary control measures to mitigate integration risks

Supply Chain Management

Supplier Audits: Top 30 suppliers assessed in 2015

Responsible Procurement

• Suppliers Code of Ethics (since 2011)
• Clause for tacit acceptance of the Code in all material and service orders

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI G4 Guidelines

Certifications: ISO 14001, EMAS

Third-party Assurance: TÜV Rheinland

Sustainable Products & Innovation

• Freepool
• Nanofiber filter
• Fluidra Connect
• Vrion pumps
• Led lighting
• Salt electrolysis systems

Awards & Recognition

• IEF Financial Excellence Award in Communication
• AstralPool Australia 'Supplier of the Year'

Environmental Metrics

ESG Focus Areas

• Environmental management
• Social responsibility
• Corporate governance

Environmental Achievements

• Reduced water consumption by 9%
• Sacopa improved waste recovery from 81% to 89%
• Cepex improved waste recovery from 90.4% to 91.4%
• Purchase of 100% renewable green energy for 55 supply points in Spain

Social Achievements

• Established the Fluidra Foundation to promote responsible water use and support cultural projects
• Maintained 93% permanent staff
• Prioritised local hiring
• Organized various employee engagement activities (futsal tournament, photography contest, etc.)

Governance Achievements

• Appointed Eulàlia Planes Corts as the first female member of the Board of Directors
• Implemented a Supplier Code of Ethics
• Improved the efficiency of risk management

Climate Goals & Targets

Environmental Challenges

• Failure to meet expectations in the US market (leading to goodwill impairment)
• Impact of Brexit on UK operations (pound devaluation)
• Instability in the Chinese market

Mitigation Strategies

• Investments in Australia and South Africa to increase production capacity
• Acquisition of Sibo to expand into the Benelux market
• Monitoring UK economy and market to adapt to uncertainties
• Focus on commercial pool projects in Asia to mitigate Chinese market instability

Supply Chain Management

Supplier Audits: Over 170 critical suppliers assessed, representing 57% of total purchases.

Responsible Procurement

• Supplier Code of Ethics

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

• Internet of Pools (Fluidra Connect)
• LumiPlus Design
• Neolysis process
• AstralPool Mac
• Viron pumps
• FreePool project

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance

Social Achievements

• Launched an awareness-raising campaign titled “A Pool is a Safe Place”

Governance Achievements

• Renovation of the Board with the addition of two new independent directors
• Reinforcement in the Compliance area, particularly among subsidiaries
• Appointment of a new HR Director and strategic plan
• Annual evaluation of Board performance

Climate Goals & Targets

Environmental Challenges

• COVID-19 impact on sales in March and April, especially in Southern Europe

Mitigation Strategies

• Measures to curb fixed Opex: temporary layoffs, hiring and merit freezes, reduction in salary and general reduction of discretionary spending

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Good Governance

Environmental Achievements

• Increased use of energy from renewable sources to 80.7% (from 60% in 2020)
• Reduced Scope 1 & 2 emissions by 8%
• Reduced water consumption ratio (liters to sales €) to 0.000239 from 0.00022
• Increased percentage of “Eco-Conscious” product sales to 56% (from 50.4% in 2020)

Social Achievements

• Reduced accident rate by 62%
• Increased participation in engagement survey to 80% (from 72% in 2020)
• Invested €699,101 in social action (from €450,000 in 2020)
• Increased percentage of women in positions of responsibility to 35% (from 33% in 2020)

Governance Achievements

• Improved S&P CSA score to 60/100 (from 47/100 in 2020)
• Improved CDP score to B- (from C in 2020)
• Improved Sustainalytics rating to 24.6 (from 31.7 in 2020)
• 78% of staff received training on the Code of Ethics

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions due to raw material shortages, long delivery times, high transportation costs, and increased energy prices
• Flash floods at the Dongchuan (China) factory
• Disparity of environmental regulations on products across different countries

Mitigation Strategies

• Medium-to-long-term planning and value-enhancing projects
• Studying relocation of the Dongchuan factory
• Unified product compliance and ESG product functions under a single figure

Supply Chain Management

Supplier Audits: 14 audits in 2021, planning 20 more in 2022

Responsible Procurement

• Code of Ethics for Suppliers
• Supplier Qualification Procedure
• Achilles platform for supplier evaluation

Climate-Related Risks & Opportunities

Physical Risks

• Flash floods
• Water stress

Transition Risks

• Changes in environmental regulations

Opportunities

• Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI, TCFD

Certifications: ISO 14001, ISO 9001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• SDG 5 (Gender Equality)
• SDG 8 (Decent Work and Economic Growth)
• SDG 10 (Reduced Inequalities)
• SDG 6 (Clean Water and Sanitation)
• SDG 7 (Affordable and Clean Energy)
• SDG 9 (Industry, Innovation and Infrastructure)
• SDG 12 (Responsible Consumption and Production)
• SDG 13 (Climate Action)
• SDG 17 (Partnerships for the Goals)

Fluidra's initiatives contribute to these goals through sustainable product development, responsible supply chain management, employee well-being programs, community investment, and partnerships with various organizations.

Sustainable Products & Innovation

• Eco-Conscious products (water conservation, energy efficiency, chemical reduction, carbon reduction, circularity)
• Automatic pool covers
• Polaris® Epic™ iQ robotic pool cleaner
• VersaTemp™ heat/chill pump
• Sirocco 2 Dehumidifier

Awards & Recognition

• Australian Good Design Award
• Pool Nation Awards
• Innovative Connectivity Product Award
• SPASA Awards of Excellence
• Value Creation Award
• Proyecta Award
• Company of the Year Award
• Legal Team of the Year award
• Internationalization Award
• Propeller Award
• Excellence in Sales and Marketing
• Vendor of the Year and President’s Award from WINDO
• 2021 Blue Vendor of the Year
• Excellence in Education and Training Award