Climate Change Data

Environmental Metrics

ESG Focus Areas

• Employee well-being
• Environmental responsibility
• Social responsibility
• Human rights
• Anti-corruption

Environmental Achievements

• Installed a photovoltaic installation producing 1.2 MWh annually
• Implemented waste recycling programs, exceeding 700 kg of recycled waste in 2019
• Launched Justgreen® range of recyclable mobile accessories

Social Achievements

• Bigben Connected obtained an EcoVadis score of 58/100 and a silver medal
• Implemented various employee well-being initiatives (fresh fruit, social events, flexible working arrangements)
• Increased employee headcount to 734, with a focus on internal promotions

Governance Achievements

• Circulated an anti-fraud procedure to all subsidiaries and provided anti-corruption training
• Implemented a comprehensive lockdown exit plan to protect employee health during the Covid-19 crisis
• Complied with the UN Global Compact principles

Climate Goals & Targets

Environmental Challenges

• Potential delays in product development and marketing
• Lower-than-expected sales of high-investment games
• Reliance on third-party technology
• Sourcing and production challenges for accessories
• Inventory management risks
• Seasonal variations in business
• Impact of the Covid-19 pandemic
• Liquidity risk
• Currency risk
• Reliance on console manufacturers
• Competition
• Attracting and retaining key personnel
• Influence of shareholders
• Loss of tax incentives
• Intellectual property risks
• Legal and administrative proceedings
• GDPR compliance
• Health and safety of employees

Mitigation Strategies

• Strict production processes and monitoring of third-party studios
• Diversification of video game lineup
• In-house expertise in game engines
• Diversification of supply and transportation sources
• Optimized inventory management system
• Diversified product releases throughout the year
• Remote working and strict lockdown exit plan
• Sufficient cash and free cash flow
• FX TARN/accumulator contracts
• Negotiation of specific licenses with console manufacturers
• Focus on product innovation and marketing
• Attractive compensation policies and employee share ownership
• Clear operational management teams
• Continued application for tax credits
• Legal department and industrial property advisors
• Legal department and careful contract drafting
• Compliance with GDPR provisions
• Safety training and equipment upgrades

Supply Chain Management

Supplier Audits: Social and quality audits performed on Asian production plants

Responsible Procurement

• CSR criteria considered in contract negotiations
• Requirement for compliance with environmental and social responsibility laws

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: UN Global Compact

Certifications: ISO 9001 (some suppliers), SA8000 (some suppliers), BSCI (some suppliers)

Third-party Assurance: KPMG

Sustainable Products & Innovation

• Justgreen® range of recyclable mobile accessories
• AromaSound® range of speakers

Environmental Metrics

ESG Focus Areas

• Social
• Environmental
• Societal
• Human Rights
• Anti-corruption

Environmental Achievements

• Nearly all own-brand audio products are now 'Zero Plastic' by March 31, 2024. Progress is underway for other audio and gaming accessories.
• New Metronic products are packaged without plastic, using recyclable cardboard.
• Majority of group products have replaced paper instructions with digital versions.
• Vegetable ink is now commonly used on packaging.

Social Achievements

• Launched employee well-being initiatives including improved cafeteria, wellness spaces, and social events.
• Implemented flexible work arrangements, including a telework charter and agreement.
• Increased employee training hours to an average of 6 hours per employee (from 5.35 in 2022/2023).
• Improved employee satisfaction scores by over 11% due to increased focus on annual performance reviews.

Governance Achievements

• Established a CSR committee within Bigben Interactive and NACON to oversee and coordinate social, environmental, and ethical initiatives.
• Adherence to the UN Global Compact since 2016, with all subsidiaries benefiting from this membership.
• Implemented anti-corruption training for all employees in compliance with the French Sapin II law.

Climate Goals & Targets

Environmental Challenges

• High turnover rate among employees due to competition for talent in the industry.
• High carbon emissions, particularly in Scope 3 (upstream and downstream).
• Supply chain risks related to supplier social and environmental practices.

Mitigation Strategies

• Fair and transparent recruitment processes, employee development programs, and competitive compensation packages.
• Development and implementation of eco-design culture, aiming for carbon neutrality by 2050 (some French subsidiaries aim for 2040).
• Rigorous supplier selection with social and environmental audits, implementation of a responsible purchasing charter.

Supply Chain Management

Supplier Audits: 100% of factories signed the responsible purchasing charter; 83% of major factories have at least one social audit report (SA8000, SMETA, BSCI, or RBA) by March 31, 2024.

Responsible Procurement

• Responsible Purchasing Charter
• Social and environmental audits of factories
• Gift and Gratuities form for Asian suppliers

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: UN Global Compact

Certifications: EcoVadis Gold (Bigben Connected), ISO 9001 (various factories), SA8000 (various factories), BSCI (various factories), SMETA (various factories), ISO 14001 (15 out of 45 major factories)

Third-party Assurance: KPMG S.A.

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Justgreen® accessories, 'Zero Plastic' audio products

Awards & Recognition

• EcoVadis Gold (Bigben Connected)