Compagnie des Alpes
Climate Impact & Sustainability Data (2018-2019, 2019-2020)
Reporting Period: 2018-2019
Environmental Metrics
Total Carbon Emissions:32,252 tCO2e/year
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:55%
Total Energy Consumption:256 GWh/year
Water Consumption:4,449,601 m3/year
Waste Generated:Not disclosed
Carbon Intensity:1.19 kg CO2e/skier day (Ski areas); 1.7 kg CO2e/visitor (Leisure parks)
ESG Focus Areas
- Integration through employment and the development of diversity within the Group
- Reduction of the energy footprint
- Sustainable management of resources
- Preservation of biodiversity and the enhancement of natural spaces
- Contribution to the development and attractiveness of the regions where we work, in collaboration with our stakeholders
Environmental Achievements
- Increased renewable energy share to 55% of total energy consumption
- Reduced direct GHG emissions per skier day (Ski areas) or visitor (Leisure parks) to 1.19 kg CO2e/skier day and 1.7 kg CO2e/visitor respectively
- Four ski areas obtained Green Globe certification, covering 40% of skier days
- Parc Astérix and Parc du Futuroscope obtained ISO 50001 certification for energy management
- Serre Chevalier to produce 30% of its electricity from renewable sources by 2021
- Reused 1,000 tonnes of steel over the past five ski lift modifications
Social Achievements
- Increased training hours by 28% to an average of 19 hours per FTE employee
- Achieved 5% work-study trainees in the workforce ahead of schedule
- Increased return rate of seasonal workers in Leisure parks to 49%
- Reduced occupational accident frequency rate by 8%
- Average employee satisfaction score increased to 7.5/10 with a 36% response rate
Governance Achievements
- Board of Directors comprises 5 independent directors and 50% women
- Updated Corporate Governance Charter in line with market practices and AFEP-MEDEF Code
- Implemented a fraud prevention system
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Achieve 5% work-study trainees in workforce
- Reduce GHG emissions
Short-term Goals:
- Reduce energy consumption by 20% at Futuroscope between 2018 and 2023
- Improve water management by better understanding local resources
Environmental Challenges
- Changing leisure consumption habits
- Impacts of climate change
- Competitive environment
- Real estate market downturn
- Human resource shortage
- Employee safety
- Regulatory and compliance risks
- Loss of major public service concession
- Cyber attacks
- IT system failure
Mitigation Strategies
- Developing new offers and digital marketing
- Choosing high-altitude sites, snow-making programs, and GHG emission reduction measures
- Improving offerings, customer experience, and investments in new attractions
- Partnership with institutional investors for acquiring and marketing accommodation units
- Relocation and accommodation assistance, succession planning, employer branding, training, and work-study contracts
- Safety training, risk evaluation documents, and emergency plans
- Compliance procedures and vigilance regarding contracts and pricing policies
- Securing long-term operations through investments and optimizing ski pass sales
- System security measures, sales website security, supplier standards, and user awareness
- IT risk management policy, data redundancy, incident tracking, backup and restoration, and business recovery plans
Supply Chain Management
Supplier Audits: 978 audits
Responsible Procurement
- Using eco-label products
- Sourcing local products
- Free-range eggs
- Animal welfare certified chicken meat
Climate-Related Risks & Opportunities
Physical Risks
- Snow shortage
- Rainfall and heat waves
Transition Risks
- Changes in consumer habits
- Increased costs for low-carbon alternatives
Opportunities
- Development of summer activities
- Energy efficiency improvements
Reporting Standards
Frameworks Used: AFEP-MEDEF Code of Corporate Governance
Certifications: Green Globe, ISO 50001, ISO 14001
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Goal 7 (Affordable and Clean Energy)
- Goal 13 (Climate Action)
- Goal 8 (Decent Work and Economic Growth)
- Goal 15 (Life on Land)
Initiatives contribute to these goals through renewable energy use, GHG emission reduction, employee development, biodiversity preservation, and sustainable resource management.
Sustainable Products & Innovation
- Eco-cups
- Returnable glass bottles
- Energy-efficient equipment
Awards & Recognition
- Green Globe
- ISO 50001
- Clé-Verte
Reporting Period: 2019-2020
Environmental Metrics
Renewable Energy Share:58%
Total Energy Consumption:215 GWh/year
Carbon Intensity:2.31 kg equivalent CO2/visitor (Leisure parks); 1.21 kg equivalent CO2/skier-day (Ski areas)
ESG Focus Areas
- Reducing our energy footprint and carbon footprint
- Managing resources in a sustainable way
- Preserving biodiversity and valuing natural areas
- Promoting integration into employment and developing diversity
- Contributing to the long-term development and attractiveness of the regions with our stakeholders
Environmental Achievements
- 58% of the Group’s energy consumption and 90% of the electricity consumed by sites are from a renewable source
- 1,200 tonnes of steel reused in the ski areas since 2016
- 132 tonnes of biowaste recovered through methanisation in leisure parks
- Cleaning products with 100% Eco-labels in Parc Astérix hotels
- More than 400 pylons eliminated thanks to the rationalisation of ski areas since 2010
- Zero phytosanitary products in the management of green spaces in four leisure parks
- Participation of the Bellewaerde site in the protection of endangered species
Social Achievements
- “I recommend my employer”: 79%
- Return rate of seasonal workers: 88% in ski areas and 49% in leisure parks
- More than 6% of work-study trainees in the Group
- 95,500 hours of training, i.e. 22 hours per FTE
- 677 professional certifications obtained during the year
Governance Achievements
- Separation of the roles of Board Chairman and Chief Executive Officer
- Annual review of Director independence
- Annual assessment of the Board and its committees
Climate Goals & Targets
Long-term Goals:
- Net zero emissions by 2050
Medium-term Goals:
- Reduce water consumption
- Achieve 30% renewable energy by 2021 (Serre Chevalier)
- Reduce energy consumption by 20% between 2018 and 2023 (Futuroscope)
Short-term Goals:
- Reduce greenhouse gas emissions
Environmental Challenges
- Covid-19 pandemic impacting revenue and operations
- Climate change affecting snow conditions in ski areas and visitor numbers in outdoor leisure parks
- Changes in leisure consumption habits
- Competition in the leisure industry
- Real estate market fluctuations
- Human resource shortages, particularly seasonal staff
- Employee safety and health
- Regulatory compliance
- Maintaining stakeholder trust
Mitigation Strategies
- Adjusted operating expenses and investments to protect liquidity
- Secured State-Guaranteed Loan
- Implemented health and safety measures
- Modernized infrastructure and services
- Developed digital strategy to improve customer knowledge and engagement
- Partnership with institutional investors for renovation of accommodation units
- Implemented QSE procedures and training programs for employee safety
- Strengthened compliance procedures
- CSR roadmap focusing on environmental, social, and governance issues
Supply Chain Management
Climate-Related Risks & Opportunities
Physical Risks
- Snow shortage
- Rainfall and heat waves
Transition Risks
- Changes in leisure consumption habits
- Regulatory changes
Opportunities
- Development of energy-efficient products and services
- Diversification of mountain resorts
Awards & Recognition
- Thea Award for best themed hotel (Les Quais de Lutèce)
- European Star Award for best roller coaster (Objective Mars)