Climate Change Data

Environmental Metrics

ESG Focus Areas

• Zero Carbon
• Zero Waste
• Sustainable Transport
• Sustainable Materials
• Local and Sustainable Food
• Sustainable Water
• Land Use and Wildlife
• Culture and Community
• Equity and Local Economy
• Health and Happiness

Environmental Achievements

• Geothermal energy will cover 100% of heat demand upon opening, saving 9,000 tonnes of CO2 per year.
• Construction achieved >80% recycling and <1.5% waste to landfill.
• Aqualagoon concrete has 25% lower embodied carbon than standard concrete.

Social Achievements

• Construction site incident rate 20 times lower than industry average.
• 15% of construction procurement from Seine-et-Marne; over 75% from within 100km.
• Sustainability training programme for local job-seekers in place.

Governance Achievements

• Established the Comité Consultatif de Développement Durable (CCDD) to oversee sustainability commitments.

Climate Goals & Targets

Environmental Challenges

• Inability to set up a Pôle de vie Chantier (central area for workers to relax).
• Chosen shower head for “bulle” housing does not meet required water efficiency standards.
• Aqualagoon construction challenges may require design changes.
• Balancing resident comfort levels with water efficiency standards.

Mitigation Strategies

• Seeking options to improve shower head water efficiency.
• Investigating alternative locations for PV installations.
• Developing guest engagement programme to address water consumption.
• Ongoing interaction with partners to ensure sustainability targets are met.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Guidelines for commercial partners covering sustainability standards (energy, water, waste, air quality, HR, sustainable sourcing).

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: One Planet Living

Certifications: HQE (Aqualagoon - pending)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Responsible employer policy
• Enhancing natural capital and reducing environmental impact
• Involving customers
• Being a partner and contributing to communities

Environmental Achievements

• Reduced energy use by 5.3% on Pierre & Vacances sites in France and Spain
• Reduced water use by 6% on Pierre & Vacances sites in France and Spain
• 98% waste recovery rate at Villages Nature Paris project
• All 20 European Center Parcs sites are ISO 14001 certified

Social Achievements

• Employee satisfaction rate of 77.5%
• Employee pride in belonging to the Group at 95%
• Absenteeism rate decreased to 3.3%
• 51% of managers are women
• Exceeded target of 10 permanent jobs for workers with disabilities in France

Governance Achievements

• Received "Responsible Supplier Relations" certification
• Implemented a new risk analysis and prevention tool at all sites

Climate Goals & Targets

Environmental Challenges

• High staff turnover due to seasonal nature of business and Bois aux Daims opening
• Reducing carbon emissions from transport
• Meeting waste recycling targets
• Maintaining gender equality in management

Mitigation Strategies

• Developed specific initiatives for seasonal workers, including accommodation and training
• Provided information about train travel options to customers
• Implemented initiatives to improve waste management and raise team awareness
• Continued efforts to maintain gender equality through agreements and policies

Supply Chain Management

Responsible Procurement

• Ethical Purchasing Charter
• Code of Conduct with Suppliers/Service Providers
• Focus on SMEs and local communities

Climate-Related Risks & Opportunities

Awards & Recognition

• TripAdvisor Certificate of Excellence
• Zoover "Villages Vacances" certification
• Travellers’ Choice prize

Environmental Metrics

ESG Focus Areas

• Responsible employer policy
• Environmental impact reduction
• Sustainable development in daily operations
• Sustainable holidays
• Community partnerships
• Stakeholder engagement

Environmental Achievements

• Center Parcs reduced energy use by 11% and water use by 13% (compared to 2010)
• 12% of Center Parcs energy consumption from renewable sources
• 33.5% waste recycling rate at Center Parcs (up from 30.93%)
• Villages Nature® Paris achieved a 97% waste recycling rate during its initial operation

Social Achievements

• Implemented a “Managerial growth path” training program for over 400 managers
• Rolled out Employee Value Proposition (EVP) to enhance employer branding
• 72% employee participation rate in satisfaction and commitment survey
• Signed a gender equality agreement in France
• Initiatives to promote employment of workers with disabilities

Governance Achievements

• Formalized CSR strategy based on commitments across departments
• Established a Company Foundation to strengthen corporate sponsorship
• Implemented a responsible purchasing policy with ethical and environmental considerations

Climate Goals & Targets

Environmental Challenges

• Tightness of the labor market in some areas (cleaning and aquatic staff)
• High energy consumption due to cold weather and high occupancy rates at Center Parcs
• Water leaks at some sites
• Difficulty in developing renewable energy at existing sites due to lack of building ownership
• Customer reliance on cars for travel

Mitigation Strategies

• Structural action plans to retain employees
• Investments to improve energy efficiency (new aeration system, LED lighting)
• Addressing water leaks and implementing water-saving equipment
• Exploring co-generation projects in Belgium and Germany
• Offering shuttles to train stations and promoting train travel, installing electric car charging stations

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Supplier Relations and Responsible Purchasing certification; ethical, societal, and environmental risk mapping; responsible purchasing policy with focus on local sourcing and CSR criteria in tenders.

Climate-Related Risks & Opportunities

Physical Risks

• Rainy summers, winters with little snow

Transition Risks

• Not disclosed

Opportunities

• Development of energy-efficient products and services; use of geothermal energy.

Reporting Standards

Frameworks Used: Guidelines on non-financial reporting of environmental, social and governance data

Certifications: ISO 14001, ISO 50001, Green Key

Third-party Assurance: Ernst & Young et Associés

UN Sustainable Development Goals

• SDG 2, SDG 5, SDG 6, SDG 7, SDG 8, SDG 11, SDG 12, SDG 13, SDG 15

Initiatives aligned with SDGs through local sourcing, gender equality, water and energy optimization, renewable energy use, local economic development, stakeholder engagement, waste management, climate change mitigation, and biodiversity preservation.

Sustainable Products & Innovation

• Eco-certified hospitality products and care kits; new themed cottages; Villages Nature® Paris with geothermal energy and focus on sustainability.

Awards & Recognition

• 2017 “Victoire d’Or des Leaders du Capital Humain” award; TripAdvisor Certificate of Excellence; Travellers’ Choice award; Zoover “Holidayparks” award.

Environmental Metrics

ESG Focus Areas

• Responsible Tourism
• Environmental Protection
• Living Together and Excellence in Practices

Environmental Achievements

• 100% of Center Parcs sites have the Green Key label (or equivalent) and are ISO 14001 or ISO 50001 certified.
• 56.7% of waste sorted in the operational phase at Center Parcs (target 70%).
• Reduction of Greenhouse Gas emissions (Scopes 1 & 2) compared to 2018-2019: -49.8%
• 92.4% green electricity at Center Parcs (target 100%).
• 100% of sites delivered during the year were built on already artificial land.

Social Achievements

• 100% consultation for projects in the development phase.
• Employee turnover rate: 17.8%
• Accident frequency rate reduced from 29.3 to 17.5.
• Three management bodies (Management/Executive Committees) are composed of at least 30% women.
• 4.7% of employees recognized as workers with disabilities in France.

Governance Achievements

• Creation of a CSR Committee within the Board of Directors.
• Implementation of a procedure to manage conflicts of interest.
• Updated whistleblower charter.
• 400 employees trained in corruption risks.

Climate Goals & Targets

Environmental Challenges

• Failure to participate in local economic life.
• Lack of adaptation of the Group’s activities to climate change.
• Failure of waste management.
• Poor management of greenhouse gas emissions.
• Poor management of energy consumption.
• Scarcity of primary resources.
• Degradation of local biodiversity.
• Difficulty in recruiting and retaining employees.
• Psychosocial risks.
• Lack of diversity and equity in teams.
• Poor relations with tourism customers and owners.
• Defective personal data protection.

Mitigation Strategies

• Developing local purchases (target 25% in construction and 25% in operation by 2025).
• Implementing Green Key label and ISO certifications.
• Defining a carbon strategy and setting reduction targets.
• Reducing energy and water consumption.
• Developing renewable energy sources.
• Implementing ecological management plans.
• Improving employee engagement and retention strategies.
• Addressing psychosocial risks and promoting diversity.
• Improving customer satisfaction and safety measures.
• Strengthening data protection measures.

Supply Chain Management

Supplier Audits: All Chinese suppliers audited in the last 3 years.

Responsible Procurement

• Responsible Supplier Relations Label
• CSR questionnaires for new suppliers
• Preference for local suppliers

Climate-Related Risks & Opportunities

Physical Risks

• Storms
• Heat waves
• Flooding
• Droughts

Transition Risks

• Not disclosed

Opportunities

• Growing customer demand for sustainable tourism.

Reporting Standards

Frameworks Used: GRI, CDP

Certifications: Green Key, ISO 14001, ISO 50001

Third-party Assurance: EY & Associés

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Ecolabel range of hospitality products.

Awards & Recognition

• Company Committed to Nature

Environmental Metrics

ESG Focus Areas

• Contributing to momentum in the regions
• Engaging our employees
• Stepping up our ecological transition

Environmental Achievements

• Reduced Scope 1 & 2 emissions by 13% compared to 2018-2019 baseline (148,095 tCO2e).
• Achieved 100% green electricity for Center Parcs Europe by 2025.
• Improved waste sorting rate to 62% at Center Parcs Europe (from 53%).
• Reduced energy consumption by 3.9% in absolute value (MWh) at PV FR and ESP.
• Reduced water consumption per overnight stay by 8.7% at CPE and 11.9% at PV FR and ESP.

Social Achievements

• Increased seasonal worker return rate in PV FR to 43% (from 40.3%).
• Reduced employee turnover rate to 20.5% (from 22%).
• Increased e-NPS score by 9 points at Center Parcs Europe.
• 100% of development projects underwent local consultations.
• Implemented a new onboarding program for new employees.

Governance Achievements

• Strengthened corruption and unfair competition risk prevention system.
• Implemented automated accounting controls under the Sapin II law.
• Provided training for managers and employees on corruption risks.

Climate Goals & Targets

Environmental Challenges

• Failure to participate in local economic life
• Failure of relations with stakeholders
• Climate risks
• Poor management of buildings in operation
• Failure of waste management
• Inability to reduce GHG emissions
• Poor control of energy consumption, energy prices and autonomy capacity
• Scarcity of primary resources
• Degradation of local biodiversity
• Employee attraction and retention risk
• Lack of diversity and equity within teams
• Employee dissatisfaction
• Inability to ensure the health and safety of tourism customers and employees
• Failure to take into account the arduous nature of jobs in the tourism sector

Mitigation Strategies

• Attain 25% local purchases by 2025 for Center Parcs Europe.
• Carry out a consultation for 100% of projects during the development phase.
• Attain 100% of sites with the Green Key label by 2025.
• Attain 100% of sites ISO 14001 or ISO 50001 certified.
• 70% of waste sorted during the operational phase by 2025.
• Reduce total energy consumption by at least 10% in 2024 compared to 2021-2022.
• Reduce water consumption by 16% in 2025 compared to 2018-2019.
• Prioritise the development of projects on sites that have already been developed.
• 100% of CP sites have an ecological management plan by 2027.
• Share of Executive/Management Committees composed of at least 30% women.
• Monitor employee commitment via the calculation of the e-NPS.
• Frequency rate of accidents.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Supplier code of conduct.
• CSR assessments of suppliers.

Climate-Related Risks & Opportunities

Physical Risks

• Landslides
• Winter storms
• Flooding
• Water stress

Transition Risks

• Regulatory changes on energy performance of buildings
• Increased energy costs

Opportunities

• Development of energy-efficient products and services.

Reporting Standards

Frameworks Used: GRI, TCFD, UNGC, SBTi

Certifications: Green Key, ISO 14001, ISO 50001, Biosphere

Third-party Assurance: EY & Associés

UN Sustainable Development Goals

• Goal 7 (Affordable and clean energy)
• Goal 8 (Decent work and economic growth)
• Goal 11 (Sustainable cities and communities)
• Goal 12 (Responsible consumption and production)
• Goal 13 (Climate action)
• Goal 15 (Life on land)
• Goal 17 (Partnerships for the goals)

The Group's CSR strategy contributes to these SDGs through various initiatives detailed in the report.

Sustainable Products & Innovation

• Eco-designed mobile home (maeva).

Awards & Recognition

• Best financing transaction award
• Capital Markets Days