SRP Groupe S.A.
Climate Impact & Sustainability Data (2020, 2023)
Reporting Period: 2020
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
- Environment
- Women's rights
- Inclusion
Environmental Achievements
- Reduced carbon footprint by accelerating the use of drop shipping and sending products directly from brands to end users, avoiding transit through Showroomprivé's warehouses.
Social Achievements
- Launched the Showroomprivé E-Commerce School, providing free e-commerce training to job seekers.
- Move Forward program, placing ESG at the heart of the company, both internally and externally.
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Supply chain disruptions due to the COVID-19 pandemic and travel restrictions.
- Maintaining relationships with brand partners amid changing consumer preferences and environmental concerns.
- Managing inventory risks associated with firm sales.
- Adapting to changing consumer preferences and technological advancements.
Mitigation Strategies
- Implemented contactless delivery measures and temporarily extended return periods during lockdowns.
- Shifted business model towards drop shipping to reduce inventory risk.
- Invested in a mechanized warehouse to improve logistics efficiency.
- Continued investment in research and development to improve technology and adapt to changing consumer preferences.
- Developed a Marketplace to broaden product offerings and reduce transportation needs.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events impacting logistics and delivery.
Transition Risks
- Regulatory changes related to environmental protection.
Opportunities
- Development of sustainable products and services.
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- #CollectionIRL
Awards & Recognition
- Élu Service Client de l’Année 2020
- Élu Service Client de l’Année 2021
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:27,189 tCO2e (freight)
Total Energy Consumption:5.62 MWh/employee
Waste Generated:0.9 tons/employee
ESG Focus Areas
- Environment
- Social
- Governance
Environmental Achievements
- Reduced waste generated per employee by more than 20%
- Achieved 99.6% recyclable shipping packaging
- Achieved 95.7% recycled material in shipping packaging
Social Achievements
- Launched "Move Forward" CSR program focusing on environment, women's rights, and inclusion
- Reduced employee turnover rate to 21.7% from 22.7% in 2022
- Implemented a skills sponsorship program, granting each employee one day per year for charity work
- Showroomprivé.com professional equality index improved to 88 from 83 in 2022
Governance Achievements
- Implemented an ethics and anti-corruption compliance program
- Established an internal whistleblowing system
- Updated anti-corruption training system
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Reduce CO2 emissions by 2030
- Reach 20% employee participation in civic activities by 2025
Short-term Goals:
- Reduce energy consumption by 10% by 2024
- Achieve 100% recyclable shipping packaging by 2024
- Achieve 75% recycled content in shipping packaging by 2024
- Update internal whistleblowing system by 2024
- Roll out e-learning course on anti-corruption policy by 2024
Environmental Challenges
- Competition from established and new market entrants
- Seasonality of the business
- Potential decline in online event sales
- Reduced availability of quality inventory
- Dependence on third-party logistics and transport providers
- Potential technology failures
- Loss of key employees
- Compliance with laws and regulations on personal data
- Compliance with environmental regulations
- Maintaining ethical standards among suppliers
Mitigation Strategies
- Focus on growth and evolving consumer offerings
- Sales coordination plan to maximize sales outside the fourth quarter
- Diversification of activities and geographic markets
- Daily efforts to secure quality inventory
- Monthly review of logistics and transport costs, annual contract renegotiation
- Redundancy and backup solutions for IT infrastructure
- Employee retention programs
- Regular regulatory monitoring, employee training, and supplier contracts
- Periodic environmental monitoring, CSR roadmap
- Compliance clause in supplier contracts, supplier charter
Supply Chain Management
Responsible Procurement
- Compliance clause in supplier contracts
- Showroom Impact Supplier Charter
Climate-Related Risks & Opportunities
Physical Risks
- Heatwaves
- Decline in agricultural yields
- Water shortages
- Floods
UN Sustainable Development Goals
- SDG 3
- SDG 5
- SDG 8
- SDG 10
- SDG 12
- SDG 13
- SDG 16
The Group's initiatives contribute to these goals through various programs and actions.
Sustainable Products & Innovation
- Second-hand products
- Reconditioned products