Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Circular Economy
• Social Responsibility

Environmental Achievements

• Increased ferrous scrap volumes by 25% and non-ferrous metal volumes by 29.7%, driven by the Ecore acquisition and advanced technologies.
• Secured renewal of WEEE treatment contracts with ESR.
• Renewal of Paris contracts for 6 years with better economic conditions.

Social Achievements

• Successful integration of Ecore.
• Continued growth in Multiservices (+7.9% to group revenue).

Governance Achievements

• Board of directors proposed a dividend of €0.32 per share (51M€).

Climate Goals & Targets

Environmental Challenges

• Decrease in ferrous scrap volumes in H1 due to lack of incoming scrap from the automotive sector.
• Decrease in volumes in H2 due to poor economic outlook and rising energy prices.
• Increase in operating expenses (energy, maintenance, labor costs).
• Salary inflation in Multiservices.

Mitigation Strategies

• Signing with Riva for the disposal of 8 yards (completion scheduled for January 1st, 2023).
• Passing on salary inflation to customers, improving productivity, and reducing overheads (Multiservices).

Supply Chain Management

Climate-Related Risks & Opportunities

Opportunities

• Shift towards more demand in recycled materials.

Environmental Metrics

ESG Focus Areas

• Climate change
• Circular economy
• Health and safety at work
• Employee wellbeing
• Diversity & Inclusion

Environmental Achievements

• 15% of shredder residue recycled as SRF (Europe)
• 25,000 tons/year of plastics recovered
• 80% sales aligned/eligible (taxonomy)
• Greenhouse gas emission reduction (GHGE) scope 1, 2 & 3
• Installation of photovoltaic power (2MW)
• Avoided volume of GHGE extended to WEEE activity

Social Achievements

• Accident Group frequency rate target: 28.5
• Group severity rate target: 2.3
• Number of fatal accident at work: 0
• 100% of employees trained in prevention of risk related to physical activity
• 2% of training program
• 10 “jeunes pousses” program per year
• 1 action per year to promote inclusion
• 25% of employees recruited over 45 years old.
• 25% of the workforce is employees over 55
• 20% of management position held by women
• 30% of women on the Recycling executive committee and on the Services to municipalities executive committee

Governance Achievements

• >90% of exposed employees trained in the Code of Conduct
• 300/year significant third parties analyzed
• 100% of alerts received handled
• 6 audits of legal entities per year

Climate Goals & Targets

Environmental Challenges

• Challenging economic environment in 2023 after two years of outstanding conditions
• Decreasing trend of steel and aluminum production
• Ferrous scrap volumes decreased by 5.8% (disclosed) but roughly 11.4% on a like for like basis
• Non-ferrous metals volumes decreased by 5.2% but 9% on a like for like basis
• Additional costs: mainly electricity (+19 M€, in France)
• Cyberattack launched on November 10th, 2023

Mitigation Strategies

• Completion of disposal of remedies
• Ongoing development of a CAPEX program
• Electricity price will decrease significantly from January 1st, 2024 on (~-15 M€ on a full year basis, caeteris paribus)
• New sorting lines invested in 2022-2023 start operating and will bring additional added value
• All networks immediately disconnected during cyberattack
• Cybersecurity of the networks and laptops is currently being reinforced
• All critical softwares are now operating, with an increasing number of laptops connected

Supply Chain Management

Climate-Related Risks & Opportunities