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