Climate Change Data

Environmental Metrics

ESG Focus Areas

• Transmettre (Transmit)
• Optimiser (Optimize)
• Promouvoir (Promote)

Environmental Achievements

• Published its first carbon footprint report, including Scope 1, 2, and 3 emissions (excluding Tradedoubler).
• Increased the share of recycled fibers in paper purchases to 28% (from 24% in 2022).
• 96% of titles distributed to subscribers with eco-packaging.
• Implemented a fixed pagination where possible to optimize raw material stocks.
• Added 5 new electric vehicles to the company fleet.

Social Achievements

• Recruited 332 people on permanent contracts.
• Implemented a plan of free shares.
• Organized “Inspiring Meetings” to bring employees together around remarkable personalities.
• Improved working conditions with renovations and expansion of Boulogne-Billancourt offices.
• Implemented a policy to support the professional integration of people with disabilities.

Governance Achievements

• Regular interventions by the Group's CSR manager at the Management Committee to raise awareness of CSR issues.
• Appointed a new independent director, Patrycja Mothon.
• Women represent 40% of the top 10 highest earners.

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions (paper price increase and scarcity of paper manufacturers).
• Increasing energy costs.
• Spread of disinformation.
• Difficulties in recruitment in the tech and digital sectors.
• Environmental impact of digital activities.

Mitigation Strategies

• Maintaining long-term relationships with key suppliers.
• Implementing a fixed pagination to optimize raw material stocks.
• Investing in a combined heat and power plant and a biomass boiler.
• Developing innovative business models to maintain leadership in the digital sector.
• Strengthening the quality of content and user experience on websites.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Long-term relationships with key suppliers.
• 100% of paper purchases are at least PEFC certified without recycled material.
• Ethical and responsible purchasing guidelines for all purchasing categories.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Increasing energy costs, regulatory changes

Opportunities

• Development of energy-efficient products and services

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Goal 7 (Affordable and Clean Energy)
• Goal 12 (Responsible Consumption and Production)
• Goal 13 (Climate Action)
• Goal 8 (Decent Work and Economic Growth)
• Goal 10 (Reduced Inequalities)
• Goal 17 (Partnerships for the Goals)

Reworld Media's 'TOP' strategy contributes to these SDGs through various initiatives detailed in the report.

Sustainable Products & Innovation

• Eco-packaging for magazines, ad-free website model

Awards & Recognition

• Not disclosed

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

• Unfavorable baseline effect in the first quarter due to the timing of magazine releases.
• Slower growth in the digital advertising market in 2023, despite excellent long-term growth potential.

Mitigation Strategies

• Attentive management of the magazine business, resulting in a turnaround of profitability in the BtoC division within a few months.
• Reduction in operating expenses, particularly industrial costs (energy, paper), in the BtoC division.
• Continued investment in monetizing the future growth of the digital advertising market in the BtoB division.
• Development of an innovative offer aligned with market expectations in the BtoB division.

Supply Chain Management

Climate-Related Risks & Opportunities