Climate Change Data

ALTHEORA

Climate Impact & Sustainability Data (2010, 2021-01 to 2021-06, 2024-01 to 2024-06)

Reporting Period: 2010

Environmental Metrics

Total Carbon Emissions:16,236 tCO2e

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Completed a Carbon Footprint® assessment for the Mauves site, resulting in 4% emission reduction through recycled material use.
  • Adhered to the UN Global Compact and SA8000:2008 social accountability standard.

Social Achievements

  • Launched a plan to define a comprehensive program addressing the three aspects (environmental, social and economic) of Sustainable Development.
  • Joined the Fondation Agir Contre l’Exclusion (FACE).

Governance Achievements

  • Adopted the Middlenext Code of Corporate Governance and established internal regulations for the board of administration.
  • Increased capital from €3,038,100 to €9,630,084.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Prepare for future consultations for the Networks segment, effective in Q4 2012.
  • Focus on commercial development of Water and Public Lighting activities.
  • Develop the Industry segment by acquiring new industrial clients.
Short-term Goals:
  • Increase sales significantly in the current fiscal year.

Environmental Challenges

  • Supply chain disruptions due to financial difficulties (resolved through a safeguard plan).
  • High client concentration.
  • Seven pending labor lawsuits (€225,000 provisioned).
  • One occupational disease claim (€200,000 provisioned).
  • Uncertainty regarding raw material prices.
  • Risk of not renewing major contracts in the Networks segment.
Mitigation Strategies
  • Implemented a safeguard plan, including a capital increase of €6.6M and debt restructuring.
  • Developed alternative sourcing strategies for raw materials.
  • Strengthened safety measures and procedures following a past fire incident.
  • Improved production organization and delivery conditions.
  • Acquired SADAC to broaden product offerings and strengthen the Industry segment.

Supply Chain Management

Responsible Procurement
  • Diversification of sourcing to reduce dependence on single suppliers.

Climate-Related Risks & Opportunities

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

Reporting Standards

Frameworks Used: IFRS

Certifications: ISO 9001

Third-party Assurance: MAZARS & SEFCO, ERNST & YOUNG et Autres

Sustainable Products & Innovation

  • CIBE (Individual Electrical Connection Box), CGV (Large Volume CIBE), BPS (Monitored Power Connection).

Awards & Recognition

  • Not disclosed

Reporting Period: 2021-01 to 2021-06

Environmental Metrics

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Reducing greenhouse gas emissions
  • Developing eco-design and sustainable technologies
  • Implementing waste valorization, traceability, recycling, and reuse

Social Achievements

  • Promoting employee well-being
  • Developing a responsible supply chain
  • Investing in local ecosystem development

Governance Achievements

  • Implementing a pioneering CSR approach in the sector
  • Referencing the UN Sustainable Development Goals (SDGs)
  • Transparency in communication

Climate Goals & Targets

Environmental Challenges

  • Supply chain disruptions
  • Economic uncertainty due to the COVID-19 pandemic
Mitigation Strategies
  • Building up stock to face supply difficulties
  • Diversification of activities, technologies, and sectors
  • Securing government-backed loans (5M€)

Supply Chain Management

Responsible Procurement
  • More than 65% of purchases in the Auvergne-Rhône-Alpes region

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: UN Sustainable Development Goals (SDGs)

Awards & Recognition

  • 2020 JEC Innovation Awards (Best Innovation in Design and Furniture)

Reporting Period: 2024-01 to 2024-06

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

  • Decarbonization
  • Inclusion and diversity
  • Reindustrialization
  • Talent development
  • Sustainable production

Environmental Achievements

  • Designed and manufactured the roofs of Paris' Morris columns using flax fiber, winning the 2020 JEC Innovation Award for best innovation in Design and Furniture.
  • Developed tools for auditing and measuring environmental impact to monitor progress towards decarbonization goals.

Social Achievements

  • Created a symbiotic industrial ecosystem to improve practices, reduce environmental footprint, and foster employee well-being across subsidiaries.
  • Selected by BPI France to accelerate development and achieve national and international champion status.
  • Part of the first cohort of BPI France and ADEME's industrial decarbonization accelerator.

Governance Achievements

  • Not disclosed

Climate Goals & Targets

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

Environmental Challenges

  • Market downturn in the building sector (14% decrease), impacting the Group's historical activity.
Mitigation Strategies
  • Diversification into the industrial and mobility sectors to mitigate the impact of the building sector downturn.
  • Cost and resource management, adjusted personnel costs, and industrial tool optimization to maintain profitability in a challenging economic climate.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Choosing suppliers and partners committed to improving their carbon footprint in terms of raw materials, logistics, and organization.

Climate-Related Risks & Opportunities

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

Reporting Standards

Frameworks Used: UN Sustainable Development Goals (SDGs)

Certifications: ISO 9001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Flax fiber roofs for Morris columns

Awards & Recognition

  • 2020 JEC Innovation Award