JACQUET METALS SA
Climate Impact & Sustainability Data (2022, 2023)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:2 million tons of CO2 equivalent (scopes 1, 2, and 3)
Total Energy Consumption:58,517 MWh/year
Waste Generated:28,000 tons/year (scrap metals)
ESG Focus Areas
- Environmental responsibility
- Societal responsibility
- Ethics and compliance
Environmental Achievements
- Approximately 8,000 sqm of solar panels installed, producing 1,200 MWh of electricity.
- More than 75% of steel supplies come from the circular economy (recycling).
- More than 92% of suppliers adhered to the Group Supplier Policy.
Social Achievements
- 38% of employees received training (15,892 training hours).
- Managers of 12 subsidiaries were minority shareholders.
- Supported social and cultural actions and initiatives (e.g., Lyon Contemporary Art Biennial).
Governance Achievements
- Established an Anti-Corruption Policy (2019), including an e-learning module and internal whistleblowing system.
- Compliance committee implemented preventive procedures to avoid risks related to non-compliance with regulations.
- CSR committee developed and promoted the implementation of the CSR approach within the Group.
Climate Goals & Targets
Medium-term Goals:
- Increase distribution capacities in North America and Germany.
Short-term Goals:
- Strengthen the supplier assessment process in 2023.
Environmental Challenges
- Change in metal prices
- Economic environment and decrease in demand
- IT systems and cybersecurity
- Market development and digitalization
- Human resources
- Acquisitions and integration
- Environmental responsibility and climate change
- Procurement and supplier dependency
- Safety of people
- Property security
- Liquidity
- Interest rates
- Counterparty
- Currency
- Compliance
Mitigation Strategies
- Centralized negotiation of purchasing terms and conditions; IT system for purchase orders and inventories; procurement and commercial policies for each warehouse.
- Presence in 24 countries; diverse markets and product categories; large customer base.
- Action plans to strengthen IT governance, system protection, threat detection, backup, and continuity processes.
- Digital transformation initiatives (EDI, customer accounts, e-commerce).
- Human resources policy implemented at individual company level; training and performance-based variable compensation.
- Careful selection of acquisitions; detailed integration plans.
- CSR committee; promotion of renewable energy; recycling; high supply standards.
- Centralized purchase negotiation; diversified producer base.
- Training and prevention policy; regular training; regulatory auditing; workstation upgrades; safety managers.
- Low exposure to fire, flood, and natural events; regular installation monitoring; enclosed inventory storage; numerous distribution centers.
- Solid financial position; periodic refinancing; strong cash position; unused lines of credit.
- Appropriate mix of fixed and floating rate debt; hedging instruments.
- Fragmented customer base; credit insurance policy.
- Monthly assessment of currency positions; hedging instruments.
- Regular monitoring of legislation; reporting process for fraud; anti-corruption program; internal whistleblowing system; Compliance committee.
Supply Chain Management
Supplier Audits: Assessed producers representing approximately 75% of 2022 supplies; 92% adhered to the Group Supplier Policy.
Responsible Procurement
- Incorporating CSR criteria into procurement policy; periodic assessment of main metal suppliers; Group Supplier Policy.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: AFEP-MEDEF Code
Third-party Assurance: EY et Associés
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:2 million tons of CO2 equivalent
Total Energy Consumption:52,576 MWh
Waste Generated:28,000 tons
ESG Focus Areas
- Environmental responsibility
- Societal responsibility
- Ethics and compliance
Environmental Achievements
- Installed almost 8,000 sqm of solar panels, bringing the total equipped surface area to 16,000 sqm, with a production capacity of around 3,000 MWh.
- Over 75% of supplies come from the recycling industry (electric arc furnaces).
Social Achievements
- 35% of employees received training over a total of 19,479 training hours.
- Supports social and cultural actions and initiatives, including sponsorship of the Lyon Contemporary Art Biennial.
Governance Achievements
- Established a CSR committee and a compliance committee.
- Implemented an “anti-corruption” e-learning program and an internal whistleblowing system.
Climate Goals & Targets
Short-term Goals:
- Strengthen the supplier assessment process by establishing a specific CSR criteria analysis grid.
Environmental Challenges
- Change in metal prices
- Economic environment and decrease in demand
- IT systems and cybersecurity
- Market development and digitalization
- Human resources
- Acquisitions and integration
- Environmental responsibility and climate change
- Procurement
- Safety of people
- Property security
- Liquidity
- Interest rates
- Counterparty
- Currency
- Compliance
Mitigation Strategies
- Centralized negotiation of purchasing terms and conditions; IT system for inventory management; procurement and commercial policies.
- Presence in 27 countries; diverse markets and product categories; large customer base.
- Action plans to strengthen IT governance, system protection, backup, and remediation processes.
- Digital transformation initiatives (EDI, customer accounts, e-commerce).
- Human resources policy implemented at individual company level; training and variable compensation.
- Due diligence; integration plans; communication to staff.
- CSR committee; promotion of renewable energy; recycling; supplier assessment.
- Centralized purchase negotiation; diverse producers; avoidance of dependency.
- Training and prevention policy; regular training; regulatory auditing; workstation upgrades; safety managers.
- Insurance policies; centralized monitoring plan; enclosed storage; regular controls.
- Solid financing structure; periodic refinancing; strong cash position; unused lines of credit.
- Appropriate mix of fixed and floating rate debt; hedging instruments.
- Fragmented customer base; credit insurance policy.
- Monthly assessment of currency positions; hedging instruments; borrowing in subsidiary currency.
- Monitoring of legislation; reporting process; anti-corruption program; whistleblowing system; compliance committee.
Supply Chain Management
Supplier Audits: 75% of suppliers assessed
Responsible Procurement
- Group Supplier Policy
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: AFEP-MEDEF Code
Third-party Assurance: EY et Associés