Econocom Group SE
Climate Impact & Sustainability Data (2020, 2023)
Reporting Period: 2020
Environmental Metrics
Total Carbon Emissions:13,333 tCO2e/year (Group)
Scope 1 Emissions:238 tCO2e/year (France)
Scope 2 Emissions:1,621 tCO2e/year (France)
Total Energy Consumption:5,388 MWh/year (France)
ESG Focus Areas
- Responsible digital technology
- Fight against digital waste
- Societal and social impact
- Diversity of skills
- Environmental policy
- HR strategy
Environmental Achievements
- 18% reduction in the consumption of IT equipment by employees in 2020
- Digital energy consumption fell for the fourth consecutive year, down 18% compared to 2019
- Significant reduction in CO2 emissions (approximately 90 CO2t saved in 2020)
Social Achievements
- Creation and deployment of an internal programme “Econocom Digital Women”
- 88% of all reconditioned IT equipment is processed by companies in the social and solidarity economy
Governance Achievements
- Appointment of an Ethics Committee in 2019
- Publication of the Code of Business Conduct in 2020
- Rollout of ethics whistleblowing system in 2020
- Rollout of e-learning courses for all employees on compliance and anti-corruption
Climate Goals & Targets
Medium-term Goals:
- Accelerate the creation of unique financial and technological offerings which reduce the environmental IT footprint of its clients by 2022
Short-term Goals:
- Improve women’s access to IT jobs by 2022
- Have all IT equipment processed and reconditioned by companies in the social and solidarity economy by 2022
- Further reduce consumption of IT equipment by 2022
Environmental Challenges
- High turnover and downtime between contracts in the digital sector
- Environmental impact of digital technology
- Digital divide
Mitigation Strategies
- Focus on employee satisfaction through SHARE program
- Implementation of a structured environmental policy, including Green IT governance and Watt's Green tool
- Philanthropic initiatives to fight the digital divide, including equipment donations and financial support
Supply Chain Management
Responsible Procurement
- Purchasing charter based on the ten principles of the United Nations Global Compact
- Inclusion of social or environmental criteria in calls for tenders
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: UN Global Compact, ISO 26000
Certifications: ISO 9001, ISO/CEI 27001
Third-party Assurance: Ecovadis (Silver medal)
UN Sustainable Development Goals
- Goal 4
- Goal 5
- Goal 8
- Goal 9
- Goal 10
- Goal 12
- Goal 13
- Goal 17
Sustainable Products & Innovation
- GreenIT and Green&Energy offers
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:846,016 tCO2e/year (estimated, partially estimated Scope 3)
Scope 1 Emissions:4,700 tCO2e/year
Scope 2 Emissions:803 tCO2e/year
Scope 3 Emissions:840,513 tCO2e/year (estimated)
Renewable Energy Share:27% (2023)
Total Energy Consumption:31,990 MWh/year
Waste Generated:38.9 tons/year (Econocom Factory); 481.9 tons/year (excluding Econocom Factory)
ESG Focus Areas
- Climate change
- Circular economy
- Human capital
- Diversity & Inclusion
- Responsible governance
Environmental Achievements
- Awarded EcoVadis Gold Medal with a score of 70/100 in 2023 (up 12 points from 2019).
- Almost 100% of electricity consumed in France and Spain came from renewable sources.
- 25% of the vehicle fleet is electric/hybrid (up from 13% in 2022).
Social Achievements
- Inclusion in the Financial Times ranking of diversity leaders.
- Econocom Factory received the Service France Garanti environmental prize.
- SMAAART.fr recognized as the No. 1 e-commerce site in the REFURBISHED PRODUCTS category.
Governance Achievements
- Established a whistleblowing platform.
- Implemented a “Data Protection Programme” across all entities.
- Appointed a four-member Ethics Committee.
Climate Goals & Targets
Long-term Goals:
- Net-zero emissions by 2050.
Short-term Goals:
- Reduce water consumption in offices.
- Reduce electricity consumption by 10% in two years.
Environmental Challenges
- Weak IT distribution market.
- Supply chain disruptions.
- Inflation and currency fluctuations.
- Lack of skills and resources in the IT sector.
- Growing cyber threats.
- Need to reduce carbon footprint.
- Managing the end-of-life of IT equipment.
Mitigation Strategies
- Strengthening commercial power and cross-functional coordination.
- Targeted external growth.
- Developing “As-a-Service” solutions.
- Investing in employee training and certifications.
- Implementing robust cybersecurity strategies.
- Developing decarbonisation drivers and SBTi plan.
- Working with players in the solidarity economy for recycling and reuse.
- Developing offers with a positive environmental impact (EcoCarbon, Product Care, etc.).
Supply Chain Management
Responsible Procurement
- Responsible Purchasing charter based on UN Global Compact principles; CSR self-assessment questionnaire for suppliers.
Climate-Related Risks & Opportunities
Transition Risks
- Reinforcement of environmental regulations
Opportunities
- Developing responsible digital technology solutions for customers.
Reporting Standards
Frameworks Used: CSRD, GRI, UN Global Compact, SBTi
Certifications: EcoVadis Gold, ISO 14001, ISO 27001, ISO 9001, QualiRepar, QualiCert, RecQ, Belgian VOKA
Third-party Assurance: Mazars
UN Sustainable Development Goals
- Goal 7 (Affordable and clean energy)
- Goal 12 (Responsible consumption and production)
- Goal 13 (Climate action)
- Goal 4 (Quality education)
- Goal 10 (Reduced inequalities)
- Goal 17 (Partnerships for the goals)
Econocom's initiatives contribute to these goals through various programs and commitments.
Sustainable Products & Innovation
- EcoCarbon, Product Care, Green & Energy, EcoBuilding, E-bike, Finops, Workplace as a Service, EcoTwice, EcoSwitch
Awards & Recognition
- EcoVadis Gold Medal, Financial Times ranking of diversity leaders, Service France Garanti environmental prize.