Climate Change Data

AKWEL Group

Climate Impact & Sustainability Data (2017, 2022, 2023, 2024)

Reporting Period: 2017

Environmental Metrics

Total Carbon Emissions:4,683 tonnes of CO2 (Scope 1 and 2)
Scope 1 Emissions:2,285 tonnes of CO2
Scope 2 Emissions:2,398 tonnes of CO2
Total Energy Consumption:111,747 MWh electricity, 109,137 MWh gas
Water Consumption:944,506 m3
Waste Generated:20,324 tons (ordinary industrial waste), 1,972 tons (special industrial waste)

ESG Focus Areas

  • Safety of People
  • Customer Satisfaction
  • Drive for Competitiveness and Performance
  • Environmental Protection
  • Preservation of energy resources

Environmental Achievements

  • Expanded ISO 14001 certification to all MGI COUTIER Group sites
  • Implemented energy management approach (ISO 50001) at six French sites to reduce GHG emissions
  • Installation of 800 new LED lights in Cadillac to reduce electricity consumption
  • Replacement of air conditioning units with high-efficiency units in Mateur

Social Achievements

  • Increased headcount by 1,063 due to business growth and integration of new entities
  • Negotiations resulted in the signature of 25 collective agreements
  • Employs 168 people recognized as workers with a disability
  • Absenteeism rate (excluding maternity leave) of 3.92%

Governance Achievements

  • Referred to the Middlenext Corporate Governance Code
  • Supervisory Board met five times during the year
  • Established Remuneration Committee and Audit Committee

Climate Goals & Targets

Medium-term Goals:
  • Achieve €1.2 billion in consolidated revenue by 2020

Environmental Challenges

  • Increases in raw materials and energy costs
  • Negative foreign exchange effects
  • Operational difficulties at certain sites
  • Declines in sale prices
  • Increase in warranty returns (resolved in 2017)
Mitigation Strategies
  • Continued efforts to reduce sale prices and improve industrial efficiency
  • Reintegrated previously outsourced productions
  • Efforts made to resolve problems identified with warranty returns

Supply Chain Management

Responsible Procurement
  • Suppliers required to follow the Code of Ethics

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: IFRS

Certifications: ISO 14001, ISO 50001 (six French sites)

Third-party Assurance: ORFIS BAKER TILLY and MAZARS

Sustainable Products & Innovation

  • Lighter components
  • Pollution reduction solutions

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:58,206 tCO2e/year (2022)
Scope 1 Emissions:28,743 tCO2e/year (2022)
Scope 2 Emissions:29,463 tCO2e/year (2022)
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:234,075 MWh/year (2022)
Water Consumption:782,102 m3/year (2022)
Waste Generated:17,169 tons/year (2022)
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Safety
  • Quality
  • Environment
  • Energy
  • Eco-innovation
  • Responsible Purchasing
  • Employee well-being
  • Human Rights
  • Climate Change Mitigation
  • Circular Economy

Environmental Achievements

  • Resource consumption decreased by -5% (water), -43% (gas), and waste production decreased by -3%
  • Waste recycling and recovery rate of 79%
  • €4,245,000 invested to prevent environmental consequences in 2022
  • Scope 1 emissions decreased, Scope 2 emissions decreased due to changes in country emission factors
  • Green energy use increased, with 100% green energy in Mexico, China, and Bulgaria plants in 2023

Social Achievements

  • Accident frequency halved in three years
  • Implemented "AKWEL being" program focusing on responsible, sustainable, and humanly committed practices
  • Launched "AKWEL being at Work" program to improve employee well-being
  • ISO 45001 certification obtained for three sites in Mexico (Orizaba, Ixtac, Juarez)
  • Gender equality in the workplace rating of 86/100

Governance Achievements

  • Strengthened anti-corruption system in response to the Sapin II act
  • Implemented a whistleblowing system
  • Enhanced supplier selection and monitoring process considering social, environmental, and ethical aspects
  • Updated supplier manual enhancing Group's CSR policy

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Reduce risky direct suppliers to 4% by 2024
  • Achieve ISO 27001 certification for Head Office and eight sites by 2024
Short-term Goals:
  • Reduce carbon emissions by 40% in scopes 1 & 2 and 20% in water consumption by 2028
  • Achieve a frequency rate of 2.9 on workplace safety by 2028
  • Achieve ISO 27001 certification (cybersecurity) for operations by 2028

Environmental Challenges

  • Lack of visibility on customers' forecast needs
  • Supply difficulties regarding electronic components
  • High inflation in supply and production costs
  • Significant decline in profitability due to inability to fully pass on increased costs to customers
  • Lack of visibility on manufacturers' production leading to efficiency losses
Mitigation Strategies
  • Negotiations with customers to reflect changes in raw material and energy prices (with an average delay of six months)
  • Diversification of sales by region, customer, brand, and vehicle model
  • Expanding customer portfolio
  • Working with multiple suppliers located in different countries
  • Continuous quality checks of supplier products
  • Supplier risk assessment procedures
  • Standardised profitability studies for new projects
  • Project monitoring from start-up to mass production
  • IT system protections, processes, and regular analyses to optimize resilience
  • Security Policy (ISSP) with technical protections and employee training to prevent cyberattacks
  • Implementation of an environment policy to support its environment in accordance with the ISO 14001 standard

Supply Chain Management

Supplier Audits: 33% of direct suppliers assessed by EcoVadis in 2022

Responsible Procurement
  • Supplier manual incorporating CSR policy
  • Ethics Charter for suppliers
  • Encouragement of EcoVadis participation

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Changes in regulations affecting products
Opportunities
  • Development of energy-efficient products

Reporting Standards

Frameworks Used: GHG Protocol

Certifications: ISO 14001, ISO 50001 (6 French sites), ISO 45001 (3 sites in Mexico)

Third-party Assurance: FINEXFI

UN Sustainable Development Goals

  • Goal 7 (Affordable and clean energy)
  • Goal 9 (Industry, innovation, and infrastructure)
  • Goal 12 (Responsible consumption and production)
  • Goal 13 (Climate action)

Initiatives contribute to these goals through energy reduction, eco-innovation, responsible purchasing, and waste reduction

Sustainable Products & Innovation

  • Eco-designed products
  • Products adaptable to biofuels or hybrid/electric vehicles

Awards & Recognition

  • Not disclosed

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:56,881 tCO2e/year (2023)
Scope 1 Emissions:28,258 tCO2e/year (2023)
Scope 2 Emissions:28,623 tCO2e/year (2023)
Scope 3 Emissions:Not disclosed
Renewable Energy Share:47.2% (2023)
Total Energy Consumption:98,547 MWh/year (2023)
Water Consumption:720,482 m3/year (2023)
Waste Generated:21,237 tons/year (2023)
Carbon Intensity:-0.031 KG/€ MBP (2023)

ESG Focus Areas

  • Climate Change
  • Social Responsibility
  • Governance
  • Circular Economy
  • Biodiversity
  • Human Rights
  • Supply Chain Management
  • Data Security

Environmental Achievements

  • Reduced carbon emissions (Scope 1 & 2) by -10.8% compared to 2021 (-6714 tons)
  • Increased renewable energy share to 47.2% in 2023 (targeting 60% in 2024)
  • Improved recycling and waste valorization rate to 85.7% in 2023 (targeting 95% in 2028)
  • Reduced water consumption intensity by 14% compared to 2021 (targeting -20% in 2028)
  • Reduced electricity consumption intensity by 8.9% compared to 2022 (targeting -2% in 2023)
  • Reduced gas consumption intensity by 12.1% compared to 2022 (targeting -2% in 2023)
  • Installed photovoltaic panels at two Mexican plants (Juarez and Ixtac)

Social Achievements

  • Launched AKWEL Academy to enhance employee skills and engagement
  • Implemented a STOP WORK safety program
  • Achieved an 87/100 score on the French gender equality index
  • Reduced accident frequency rate to 2.55 in 2023 (targeting 2.9 in 2028)
  • Reduced employee turnover to 10.06% in 2023 (targeting <11% in 2028)
  • Increased employee training hours to 14.37 per employee in 2023
  • Implemented AKWEL Being at Work program for employee well-being
  • ISO 45001 certification obtained for three Mexican plants (Orizaba, Ixtac, Juarez) in 2022

Governance Achievements

  • Established anti-corruption training and a whistleblower hotline
  • Updated internal alert procedure to comply with the French Waserman law
  • Expanded the remit of the Compensation Committee to include ESG matters
  • Targeting ISO 27001 certification for headquarters and TISAX for six international sites in 2024

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Reduce carbon emissions by 40% by 2028
  • Reduce water consumption by 20% by 2028
  • Increase recycling and valorization rate to 90% by 2024
  • Increase the amount of green materials in new projects to 30% by 2028
  • Reduce the number of incidents per billion parts delivered (IPB) to ≤1100 by 2024
  • Reduce the number of non-conforming parts per million parts delivered (PPM) to ≤2.2 by 2024
  • Improve incident response rate to ≥89% by 2024
  • Improve service and delivery rate to ≥93% by 2024
  • Reduce warranty returns by 67% by 2028
Short-term Goals:
  • Reduce water consumption by 2% in 2023
  • Reduce electricity consumption by 2% in 2023
  • Reduce gas consumption by 2% in 2023
  • Increase renewable energy share to 60% in 2024
  • Increase percentage of suppliers with EcoVadis score >50 to 80% in 2024
  • Achieve ISO 27001 certification for headquarters and TISAX for six international sites in 2024

Environmental Challenges

  • Supply chain disruptions due to geopolitical tensions and economic slowdown
  • Fluctuations in raw material prices
  • Dependence on the automotive sector and major clients
  • Cybersecurity threats
  • Climate change impacts
  • Competition in the automotive market
Mitigation Strategies
  • Diversification of sales by region, client, and vehicle model
  • Strategy for sourcing and supplier location to reduce dependence
  • Implementation of cybersecurity measures and ISO 27001/TISAX certifications
  • Energy efficiency improvements and renewable energy sourcing
  • Risk management procedures and insurance coverage
  • Investment in R&D for new technologies and sustainable products
  • Eco-design approach for new products

Supply Chain Management

Supplier Audits: 44% of suppliers evaluated by EcoVadis (2023)

Responsible Procurement
  • Supplier Code of Conduct
  • EcoVadis assessment
  • ISO 14001 certification

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Regulatory changes related to vehicle emissions
Opportunities
  • Development of energy-efficient products for electric vehicles

Reporting Standards

Frameworks Used: Null

Certifications: ISO 14001, ISO 9001, IATF 16949, ISO 50001 (6 French sites), ISO 45001 (3 Mexican sites)

Third-party Assurance: FINEXFI

UN Sustainable Development Goals

  • Goal 7 (Affordable and Clean Energy)
  • Goal 9 (Industry, Innovation, and Infrastructure)
  • Goal 12 (Responsible Consumption and Production)
  • Goal 13 (Climate Action)

Initiatives contributing to these goals are detailed in the report

Sustainable Products & Innovation

  • Lightweight parts to reduce CO2 emissions
  • Products compatible with biofuels and electric vehicles
  • Recyclable products

Awards & Recognition

  • Not disclosed

Reporting Period: 2024

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Corporate Social Responsibility
  • Environmental Responsibility
  • Ethics
  • Fair Labor Standards
  • Sustainable Procurement
  • Human Rights
  • Safety
  • Information Security
  • Cybersecurity

Environmental Achievements

  • Not disclosed

Social Achievements

  • Not disclosed

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Not disclosed
Mitigation Strategies
  • Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Code of Ethics
  • Supplier Manual requirements
  • CSR partner assessments
  • IATF 16949 compliance

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: ISO 9001, ISO 14001, ISO 45001, ISO 50001, IATF 16949, AIAG APQP, AIAG MSA, AIAG SPC, AIAG PPAP, AIAG FMEA, MMOG/LE, ISO 27001

Certifications: ISO 9001, IATF 16949, ISO 14001, ISO 17025

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed