Climate Change Data

Groupe Siparex

Climate Impact & Sustainability Data (2022)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:51,415,400 tCO2eq (portfolio companies)
Scope 1 Emissions:37,561 tCO2eq (Groupe Siparex)
Scope 2 Emissions:11,715 tCO2eq (Groupe Siparex)
Scope 3 Emissions:2,114,814 tCO2eq (Groupe Siparex)
Carbon Intensity:1,734 tCO2eq/M€ of portfolio company turnover

ESG Focus Areas

  • Decarbonisation
  • Gender Parity
  • Value Sharing with Employees

Environmental Achievements

  • 71% increase in portfolio companies carrying out carbon footprint analysis compared to 2021 (from 28 to 43 companies)
  • 85% of 199 surveyed companies have implemented actions to reduce greenhouse gas emissions
  • 25% of 199 surveyed companies have defined a schedule for the reduction of greenhouse gas emissions

Social Achievements

  • Appointment of Sophie Nordmann to head of France Invest's Talents and Diversity Commission
  • 37% of 199 surveyed companies studied employee commitment
  • Implementation of various employee well-being initiatives in portfolio companies (e.g., Altereo's 4.5-day work week, Colette's additional vacation time and remote work options)

Governance Achievements

  • Establishment of an ESG Committee to structure the operational component of the ESG strategy
  • Recruitment of Héloïse Servettaz as ESG Project Officer
  • Development of a new ESG & CSR 2030 roadmap

Climate Goals & Targets

Long-term Goals:
  • Net-zero emissions by 2050 (aligned with Net Zero Initiative)
Medium-term Goals:
  • 2030: 100% of portfolio companies to have carbon footprint evaluation; 75% committed to reducing carbon intensity; 25% committed to a zero-carbon schedule; 75% of portfolio companies to have employee value sharing mechanisms; Women to occupy 25% of senior positions in investment teams and 30% of steering committee seats (aligned with France Invest's Parity Charter)
Short-term Goals:
  • 2025: 75% of portfolio companies to have carbon footprint evaluation; 25% committed to reducing carbon intensity; 5% committed to a zero-carbon schedule

Environmental Challenges

  • Lack of strategic vision and concrete actions towards decarbonization creating medium-term operational and financial risks
  • Saturation of SBTi for decarbonization program validation
Mitigation Strategies
  • Planned recruitment of a Chief Climate Officer to support portfolio companies in decarbonization
  • Development of an internal decarbonization schedule certification by Greenly
  • Collaboration with alternative methodologies aligned with the Paris Climate Accords for decarbonization program validation

Supply Chain Management

Responsible Procurement
  • Responsible procurement charter for key suppliers (GPG Granit)

Climate-Related Risks & Opportunities

Transition Risks
  • Regulatory and reputational risks

Reporting Standards

Frameworks Used: SFDR, EU Taxonomy