Climate Change Data

Environmental Metrics

ESG Focus Areas

• Health and Safety
• Child Labor
• Sustainable Agriculture Practices
• Community Relations
• Forest and Biodiversity Protection

Environmental Achievements

• Toumanguié (ISO 9001), Irobo (ISO 9001) and Ehania (ISO 9001 and ISO 14001) UAI units certified between 2014 and 2016.
• Implementation of an Integrated Management System (IMS) for Quality, Health, Safety, and Environment (QHSE) to enhance organization and continuous improvement.
• Ehania forest conserved (162 Ha), Ramsar zone conserved (290 Ha), other reforestation (170 Ha).

Social Achievements

• Constantly reduced number of accidents over the past five years, measured through the frequency rate (TF) indicator.
• Training of 155 workers as First Responders (EPI), 102 Second Responders (ESI), and 161 Workplace First Aiders (SST).
• Implementation of actions to combat trafficking and the worst forms of child labor (LTTE) along three axes: prevention, protection and remediation, and repression.
• Two projects implemented to benefit women in poverty reduction.
• 12 young people from surrounding villages received qualifying training at the INFPA in Bingerville.
• Construction of infrastructure for communities through annual payments of royalties by PALMCI (schools, community centers).

Governance Achievements

• Establishment of an Audit Committee and an Investment and Purchasing Committee to assist the Board of Directors.
• The Audit Committee met twice in 2018 to review accounts, internal controls, and risk management.
• The Investment and Purchasing Committee manages investment planning and execution.

Climate Goals & Targets

Environmental Challenges

• Continuous decline in world crude palm oil (CPO) prices (45% since 2012, 16% from 2017 to 2018).
• Sharp decline in national palm fruit bunch (FFB) production in 2017-2018 due to the natural agricultural phenomenon of "vegetative rest" and competition.
• Inadequate regulation of the oil palm sector in Côte d'Ivoire leading to unfair competition.
• Intense competition from competitors with higher processing capacities.
• Degradation of roads due to record rainfall in 2017, impacting production and transportation.
• Loss of 12.6 billion FCFA in 2018 due to lower CPO prices and production.

Mitigation Strategies

• Investment in road maintenance to ensure operations.
• Strategic action plans to secure FFB supplies from village planters.
• Cost reduction policies to offset margin decline.
• Implementation of an Integrated Management System (IMS) to improve efficiency and reduce risks.
• Establishment of the Rubber and Oil Palm Regulation Authority to address sector malfunctions.

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• Degradation of roads due to heavy rainfall.

Reporting Standards

Frameworks Used: ISO 9001, ISO 14001, ISO 45001

Certifications: ISO 9001, ISO 14001

Environmental Metrics

ESG Focus Areas

• Safety
• Biodiversity
• Child Labor
• Community Relations

Environmental Achievements

• Reforestation and densification of 21 ha, planting 5,889 trees
• Preservation of 162 ha of forest in Ehania, 300 ha of Ramsar zone in Toumanguié, 12 ha of ecological reserve in Blidouba and 4.63 ha on the Néka site

Social Achievements

• Continued efforts to combat trafficking and the worst forms of child labor (LTTE) through vigilance committees, despite COVID-19 impacts.
• 24% (26,510) of consultations at educational and health facilities benefited surrounding communities.
• Completion of one community development project (construction of a daycare center).

Governance Achievements

• Establishment of an Audit Committee in accordance with the revised OHADA Uniform Act.
• The Audit Committee met three times in 2020 to review accounts, internal controls, and risk management.

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic and its impact on the global and national economy.
• Volatility of CPO prices.
• Supply chain disruptions due to the lack of regulation in the palm oil sector, leading to intense competition and margin pressure.
• High inflation in the use of logistical means due to the lack of organization in the sector.

Mitigation Strategies

• Implementation of COVID-19 safety measures (teleworking, limited meetings, etc.) to ensure business continuity.
• Capacity upgrading projects for three factories to increase CPO production.
• Continuous improvement of the Integrated Management System (IMS) for Quality, Environment, Health, and Safety (QSE).
• Ongoing efforts to secure FFB PV purchases through strategic action plans.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Syscohada Revised, IFRS

Certifications: ISO 9001:2015, ISO 14001:2015, ISO 45001:2020

Environmental Metrics

ESG Focus Areas

• Economy
• Environment
• Social

Environmental Achievements

• Reduced water consumption by -8% compared to 2020.
• Reduced herbicide doses on crops by -34% compared to 2020.
• Preserved more than 4,828.02 ha of areas, spread over all subsidiaries, specifically in Liberia.
• No deforestation recorded in operational sites in 2020-2021.

Social Achievements

• Improved workplace health and safety conditions; annual frequency rate at 1.74 points compared to 3.12 points in 2020.
• Implemented a supplementary pension for managerial staff and supervisors at SAPH.
• Organised women in agricultural cooperatives or associations in partnership with ANADER.
• Offered training on market gardening and food production techniques.

Governance Achievements

• Implemented an anti-corruption system aligned with the Sapin II law.
• Established Ethics Committees across all entities of the SIPH Group.
• Adopted GRI reporting standards since 2019.

Climate Goals & Targets

Environmental Challenges

• Potential loss of agricultural production due to climate change.
• Difficulty making long-term commercial commitments due to climate change.
• Risk of contamination of water sources due to agrochemical products.
• Risk of odour nuisance near rubber factories.

Mitigation Strategies

• Implementation of climate change adaptation and mitigation measures.
• Construction of changing rooms for phytosanitary applicators and development of areas for product preparation and mixing.
• Construction of lagoon basins to treat wastewater before recycling or release.
• Research on odour management treatments and activated carbon use to reduce odour.

Supply Chain Management

Responsible Procurement

• Supplier Code of Conduct
• Ethical Purchasing Charter
• Mechanism for fixing raw material prices established by consensus

Climate-Related Risks & Opportunities

Physical Risks

• Epidemic risks from leaf diseases and pathogens
• Wind-related breakages from cyclonic phenomena

Reporting Standards

Frameworks Used: GRI Standards: Essential Compliance Option

Certifications: ISO 14001 (various sites), ISO 45001 (in progress for various sites)

Third-party Assurance: Mazars SA Abidjan (limited assurance)

Sustainable Products & Innovation

• Plastic pavers from domestic and industrial plastic waste

Environmental Metrics

ESG Focus Areas

• Biodiversity
• Climate Change (Carbon Stock)
• Water Quality

Environmental Achievements

• 28.35 tons of carbon stock estimated in the High Conservation Value Area (HCVA)

Social Achievements

• Minimal adverse impact on water quality in the area, suitable for domestic use

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Hunting of animals with snares and shotguns
• Activities of small-scale miners in the nearby Ankobra River

Mitigation Strategies

• Designation of HCVA and buffer zones as 'no-go' areas for wildlife conservation
• Agreements with 'galamsey' operators to conduct activities in specified monitored areas
• Strict adherence to a minimum 30m buffer to rivers and streams

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Carbon sequestration potential of the HCVA

Reporting Standards

Frameworks Used: IUCN Red List

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed