SOCIÉTÉ BIC
Climate Impact & Sustainability Data (2016)
Reporting Period: 2016
Environmental Metrics
Total Carbon Emissions:98,431 teqCO2/year
Scope 1 Emissions:8,689 teqCO2e/year
Scope 2 Emissions:89,742 teqCO2e/year
Renewable Energy Share:23%
Water Consumption:482,451 m3/year
Waste Generated:26,531 tons/year
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Reduced water consumption by 25% in BIC Rasoirs (France) between 2015 and 2016 by connecting equipment to more water-efficient cooling systems.
- Reduced energy consumption by 3.6% between 2015 and 2016, despite a 5.1% increase in production.
- Achieved and exceeded the objective of having 90% of its cardboard packaging from certified and/or recycled sources (92.26%).
- 98.431 tCO2e of direct and indirect GHG emissions in 2016, a decrease of 5.1% compared to 2015 when considering the 5.1% increase in production.
Social Achievements
- Launched the "You First by BIC" program in the US, providing physical, psychological, and financial well-being support to employees.
- Maintained a low voluntary turnover rate of 8% (726 resignations and retirements).
- Achieved a 65% internal promotion rate for managers.
- Implemented the "BIC Citizens in Action" program, supporting local communities through employee volunteering and company donations.
Governance Achievements
- Established an anti-corruption policy in 2016.
- Implemented a robust system for assessing and managing risks.
- Maintained a high level of compliance with regulations and standards.
Climate Goals & Targets
Long-term Goals:
- Define ambitious sustainability commitments by 2025
Medium-term Goals:
- Achieve 90% of plastic packaging without PVC by 2016 (partially achieved)
Short-term Goals:
- Reduce water consumption by 20% by 2016 (achieved)
Environmental Challenges
- Competition from low-cost lighters that often do not comply with safety standards.
- Fluctuations in currency exchange rates.
- The impact of anti-tobacco measures on lighter sales.
- Counterfeiting of BIC products.
- Regulatory changes in the chemical industry.
Mitigation Strategies
- Implemented communication strategies to raise awareness of safety standards.
- Implemented currency hedging strategies.
- Diversified product offerings and distribution channels.
- Took legal action against counterfeiters.
- Established a comprehensive regulatory compliance system.
Supply Chain Management
Supplier Audits: 95% of contract manufacturers audited in 2016
Responsible Procurement
- Code of Conduct
- Workplace Conditions Assessment (WCA) platform
- EcoVadis rating system
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events
Transition Risks
- Regulatory changes
Opportunities
- Development of energy-efficient products
Reporting Standards
Frameworks Used: GRI
Certifications: ISO 9001, ISO 14001, ISO 50001, LEED, SA 8000, European Water Stewardship Gold
Third-party Assurance: Ernst & Young
UN Sustainable Development Goals
- Goal 1
- Goal 3
- Goal 4
- Goal 6
- Goal 7
- Goal 8
- Goal 9
- Goal 10
- Goal 12
- Goal 13
- Goal 15
- Goal 16
BIC contributes to these SDGs through its products, operations, and community engagement programs.
Sustainable Products & Innovation
- BIC Ecolutions® range
- BIC Easy/Hybrid razors
Awards & Recognition
- Best Management Document 2015
- ADEME award for RecyBIC project
- Special Jury Prize: Integrated Report