LHYFE Limited
Climate Impact & Sustainability Data (2021)
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Governance
- Social
- Environment
Environmental Achievements
- Monitoring of environmental data at 100% of the company perimeter
- Formal environmental policy and environmental management system
- Action plan to save energy and reduce GHG emissions
- Monitoring of GHG emissions for Scope 1, 2 and 3
- Implementation of a waste sorting system
- Integration of environmental criteria in purchasing practices
Social Achievements
- Social data monitored and available at company perimeter
- Human Resources Director on the Executive Committee
- Employee survey conducted annually
- High training rate of the workforce (100%) and average number of training hours per employee (30h)
- HSS (health, safety and security) management system
Governance Achievements
- Publication of the Board's rules of procedure
- Commitment to comply with the MiddleNext code
- Formalised business ethics and anti-corruption policy
- Open whistleblowing system
Climate Goals & Targets
Environmental Challenges
- Risk of dilution of minority shareholders
- Limited representation of independent members on the Board
- No formalised CSR policy
- No social requirement in procurement practices
- No measurement of supplier satisfaction
- No action in favour of the employment of people with disabilities
- No environmental certification process (e.g. ISO 14001)
- No certification on life cycle analysis of products
- No detailed publication of the breakdown of energy sources
- No monitoring on the percentage of recycled waste
- No social criteria/requirements in procurement practices
- No social audit policy to monitor the social practices of suppliers and service providers
- No measurement of supplier satisfaction
- No quality certification process (e.g. ISO 9001)
- No formal commitment to fiscal responsibility
- Existence of double or multiple voting rights
- Unitary governance structure without separation of Chairman and Chief Executive Officer functions
- Limited representation of independent members on the Board (2/7)
- No formalised CSR strategy
- No manager or director in charge of CSR issues
- No Business Continuity Plan
- No communication on actions to manage forward-looking skills
- No action plan for diversity
- Low representation of women in the workforce (25%)
- No action in favour of the employment of people with disabilities (0% of the workforce)
- No HSS certification process (e.g. OHSAS 18001)