Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Environmental Management

Environmental Achievements

• Reduced overall energy intensity in manufacturing in Tunisia; 7% decrease in global impact of sites compared to 2020; 10% reduction of impact relative to turnover between 2020 and 2021; Ezzahra plant recorded a 3.81% decrease in energy consumption to 9.84 kWh per 10,000 installed components; Italian and German sites switched to renewable energy supplies in 2021; 100% carbon offset of gas consumption in France.

Social Achievements

• Partnership with Cèdre Recyclage, an enterprise that helps disabled people find work, resulting in significant environmental gains and job creation; Partnership with Triethic for plastic goblet recycling and Bouchons d’Amour for plastic bottle top recycling, supporting people with disabilities.

Governance Achievements

• ISO 14001 certification for main operational sites; ISO 50001-certified management system for production plants in Tunisia; Close collaboration with manufacturing partners on environmental impacts; Assessment of climate-related risks using a PESTEL approach.

Climate Goals & Targets

Environmental Challenges

• High energy consumption in manufacturing activities, particularly in Tunisia; Climate change related risks to supply chain and operations; Potential disruptions to supply chain.

Mitigation Strategies

• Implementation of energy efficiency measures in Tunisia; Switching to renewable energy sources in France and other European sites; Carbon offsetting of gas consumption; Close collaboration with suppliers to reduce their environmental impact; Business continuity plans to mitigate supply chain disruptions; Assessment of climate-related risks and development of short, medium, and long-term actions to minimize risks and amplify opportunities.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Conformity audits; close collaboration with main manufacturing partners on environmental impacts; encouragement of solutions to reduce operational impacts.

Climate-Related Risks & Opportunities

Physical Risks

• Supply chain disruptions

Transition Risks

• Regulatory changes

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: ISO 14001, ISO 50001

Certifications: ISO 14001, ISO 50001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance

Environmental Achievements

• Obtained Platinum certification from EcoVadis in 2021 (99th percentile)
• Formal commitment to reducing carbon footprint to the SBTi in 2021

Social Achievements

• Recognized as one of France’s best high-tech employers for the third year in succession in 2022 by Capital and Statista
• Implemented various quality of life at work action plans

Governance Achievements

• Established a mission committee to oversee ESG performance
• Appointed Baker Tilly as an independent third-party organization to audit ESG goals

Climate Goals & Targets

Environmental Challenges

• Defining the scope of the company's mission
• Simplifying the wording of targets for better communication
• Reconfiguring the mission committee for improved dynamics and innovation

Mitigation Strategies

• Dedicated significant effort in 2022 to defining the scope of the company's mission
• Planned work in 2023 to simplify the language of targets
• Planned reconfiguration of the mission committee in 2023

Supply Chain Management

Supplier Audits: 80 audited Suppliers in 2022

Responsible Procurement

• Purchasing policy based on five fundamental principles (quality, competitiveness, deadlines, innovation, and social and environmental ethics)

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: UN Global Compact, SBTi

Certifications: EcoVadis Platinum

Third-party Assurance: Baker Tilly

Environmental Metrics

ESG Focus Areas

• Governance
• Ethics
• Compliance

Governance Achievements

• Re-deployed anti-corruption training module for employees in France.
• Migrated ethics alert system to Whispli solution.
• Implemented a comprehensive internal compliance program covering all levels of the organization.
• Developed detailed policies and procedures for key compliance aspects.
• Created concise practical guides for easier understanding and implementation of policies.
• Developed detailed practical guides for complex compliance subjects.

Climate Goals & Targets

Environmental Challenges

• Risk of corruption due to international presence.
• Need to comply with various laws and regulations regarding anti-corruption and fraud.
• Potential negative impacts on image and reputation from corruption.
• Ethical concerns from customers requiring greater transparency from partners and suppliers.

Mitigation Strategies

• Developed a corruption prevention guide.
• Implemented e-learning and in-person training programs.
• Established a confidential hotline and Whispli alert system.
• Developed strict measures to detect and prevent fraud.
• Implemented thorough verification procedures for business partners, customers, and suppliers to ensure compliance with international sanctions.
• Regular training for employees on fair trade, export controls, and anti-money laundering.

Supply Chain Management

Responsible Procurement

• Supplier’s Ethical Charter (since 2007)

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: UN Global Compact