Climate Change Data

Environmental Metrics

ESG Focus Areas

• Education
• Environmental Sustainability
• Social Initiatives
• Humanitarian Aid

Environmental Achievements

• In 2013, the company’s activities generated approximately 38,768 tonnes of CO2e worldwide. Scope 1 and 2 emissions were reduced by approximately 12%.

Social Achievements

• Continued multi-year partnership with the University of Luxembourg, supporting a center of excellence in information and communications technology and financing a chair in satellite, telecommunications, and media law.
• Supported student scholarships with the International Space University (ISU) and the Society of Satellite Professionals International (SSPI).
• Supported social and cultural initiatives in communities where SES operates, including donations to Institut St. Joseph and sponsorship of the “damage control” exhibition at Mudam.
• Launched ELEVATE, a satellite training program for installers across Africa, training close to 4,000 installers.
• Helped fight the spread of Ebola with an education channel.

Governance Achievements

• Complied with Luxembourg Stock Exchange and Euronext Paris governance rules.
• Maintained directors’ fees at the previous year’s level.
• Re-elected PwC as the company’s external auditor.

Climate Goals & Targets

Environmental Challenges

• Risks relating to procurement (launch delays, dependency on launch service providers and manufacturers),
• Risks relating to satellites (in-orbit failure, short operational life),
• Risks relating to insurance (coverage risk, availability risk),
• Risks relating to customers (key customer loss, customer credit, international business risks, risks inherent in doing business with the U.S. government),
• Risks relating to the satellite communications market (competition risk),
• Risks relating to SES’s strategic development (emerging market risk, investment risk, technology risk),
• Risks related to Regulatory and Corporate (legal risk, spectrum access risk, spectrum coordination risk, regulatory risk, export control, external threat risk, cyber risk, loss of key employees, unforeseen high impact risk),
• Risks relating to finance (economic conditions risk, cash flow risk, debt rating risk, financial covenant risk, tax risk, asset impairment risk, liquidity risk, foreign currency risk, interest rate risk, counterparty risk)

Mitigation Strategies

• Detailed technical risk management, asset insurance, staggered fleet deployment, constant monitoring of supplier base, multiple procurement sources, in-orbit backup strategy, careful vendor selection, high-quality in-orbit operations, diversified fleet, in-orbit insurance, customer credit policy, risk management and internal control framework, active investor relations program, CSR projects, internal control procedures, risk management policy, disaster recovery plans, hedging strategies, employee retention programs, succession planning.

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

• Changing Lives Award (emergency.lu)

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance

Environmental Achievements

• Participation in the Carbon Disclosure Project (CDP) since 2008.
• Implemented a substantial and ongoing carbon reduction plan in sites across the world.
• Waste reduction initiatives at Betzdorf headquarters (paper, plastic, food waste).
• Participation in the World Economic Forum's Space Sustainability Index workshop.
• Pioneering reusable technology with SpaceX for SES-10 launch.

Social Achievements

• Supporting disaster response efforts globally through emergency.lu and collaborations with Project Loon.
• Development and deployment of SATMED e-health platform.
• e-learning initiatives in Africa and Nigeria.
• Support for e-elections in Burkina Faso.
• Various STEM initiatives (Hello Future, Engineering Trainee Days, SES Space Scholarships).

Governance Achievements

• Following the ‘Ten Principles of Corporate Governance’ adopted by the Luxembourg Stock Exchange.
• Compliance with governance rules for companies listed in Paris.
• Adoption of a robust internal control framework based on COSO guidelines.
• Implementation of a group-wide ‘Code of Conduct and Ethics’.
• Zero-tolerance approach to bribery and corruption.

Climate Goals & Targets

Environmental Challenges

• Increase in CO2 emissions in 2017 due to company growth (employees and sites).
• Space debris.
• Bribery and corruption risks in global operations.

Mitigation Strategies

• Ongoing carbon reduction plan.
• Following stringent international standards for re-orbiting and passivating satellites.
• Participation in Space Data Association (SDA).
• Anti-bribery training, due diligence on third-party agents, clear process for gifts and entertainment.

Supply Chain Management

Responsible Procurement

• Code of Conduct for Suppliers

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Greenhouse Gas (GHG) Protocol Corporate Accounting and Reporting Standard, Defra (UK) Guidance on How to Measure and Report your Greenhouse Gas Emissions

Sustainable Products & Innovation

• O3b mPOWER satellite system

Awards & Recognition

• Changing Lives Award (SATMED, 2016)

Environmental Metrics

ESG Focus Areas

• Societal
• Environmental
• Social
• Governance

Environmental Achievements

• Implemented PaperCut software, saving 86,535 pages and 43,946 color pages, equalling 6.85 trees and 724.9 kg of CO2 savings.
• Minimized environmental impact of 44 offices and ground stations using best practices.
• Followed stringent international standards for re-orbiting and passivating space assets, achieving one of the best records in the industry for safe disposal of satellites.
• Used organic leftovers as combustible to fuel a Biogas plant to avoid food waste.
• Eliminated single-use plastics from catering facilities.

Social Achievements

• Launched SHARITY, an employee-based charity, collecting over EUR 13,000 to support development projects.
• Implemented a global Mentoring Programme with 70+ participants.
• Introduced a monthly global Executive Lunch and Learn education session.
• Logged 9,177 participations in training for a total of 14,738 hours of learning, with participation up by 12.5% from 2018.
• Provided healthcare coverage for all employees in all locations.
• Offered a range of wellness activities, healthy foods, and confidential employee assistance.

Governance Achievements

• Introduced a whistleblowing hotline managed by a third-party provider.
• Implemented a comprehensive compliance training program with nearly 6,000 trainings completed on topics including cyber-security, anti-bribery & corruption, and sanctions & export controls.
• Appointed a Data Protection Officer to ensure compliance with data protection laws and regulations.
• Implemented a security framework in accordance with ISO 27001 in key areas to protect against cyber attacks.
• Created a Code of Conduct for Suppliers, outlining SES’ stance towards slavery and human trafficking.

Climate Goals & Targets

Environmental Challenges

• Increase in CO2 emissions due to company growth in employees and sites (8% increase from 2017).

Mitigation Strategies

• Implemented a substantial and ongoing carbon reduction plan in sites across the world.
• Analyzing energy efficiency of main facilities in accordance with EN 16247 (Munich and Betzdorf).

Supply Chain Management

Responsible Procurement

• Vendor Management Department ensures key suppliers have implemented policies for social and environmental issues.
• Requests for tenders stipulate a commitment to respect the SES ethical charter.
• Procurement contracts require compliance with regulations, including prohibition of employment of non-registered personnel.
• Code of Conduct for Suppliers

Climate-Related Risks & Opportunities

Opportunities

• Providing specialized telecommunications applications for aircraft emission management and disaster warnings and impact analysis.

Reporting Standards

Frameworks Used: Non-Financial Reporting Directive

Certifications: Luxembourg SDK (SuperDrecksKescht) Label

UN Sustainable Development Goals

• SDG 10
• SDG 3
• SDG 4
• SDG 8
• SDG 9

SES's activities in content connectivity, disaster relief, and e-learning contribute to reducing inequalities, improving health and wellbeing, enhancing education, supporting decent work and economic growth, and driving industry innovation and infrastructure.

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced CO2 emissions by 5% compared to 2018 (47,798 tons in 2019)
• Improved CDP score from D to C
• Saved 605,118 pages of paper in 2020, equivalent to 7,261 trees and 7,685 kilograms of CO2

Social Achievements

• Provided connectivity for critical healthcare and telemedicine solutions during the COVID-19 pandemic
• Supported various humanitarian and disaster relief missions through Emergency.lu
• Partnered with organizations to broadcast critical COVID-19 information to rural communities
• Increased capacity for digital connectivity to support remote working and distance learning
• Supported aid and development initiatives with NGOs and governments

Governance Achievements

• Implemented a Compliance Management System including a Compliance Committee and a Code of Conduct
• Established a whistleblowing hotline
• Completed 5,800 hours of compliance training in 2020
• Implemented a security framework in accordance with ISO 27001
• Maintained a business continuity management system in accordance with ISO 22301-2019

Climate Goals & Targets

Environmental Challenges

• Minimizing environmental impact of SES sites and ground stations
• Managing space debris
• Addressing potential risks related to social, environmental, and governance business activities

Mitigation Strategies

• Implementing best practices in minimizing the environmental impact of facilities
• Participating in the Space Data Association (SDA) to develop protocols for reducing space debris
• Pioneering reusable rockets for satellite launches with SpaceX
• Implementing governance and policy structures to tackle ESG matters
• Conducting a materiality analysis in 2021 to develop concrete sustainability goals and strategies

Supply Chain Management

Responsible Procurement

• Open innovation approach; review of ethical behavior and compliance with human rights and global citizenship requirements; Code of Conduct for Suppliers; contract clauses requiring compliance with laws and prohibiting sub-contracting without consent.

Climate-Related Risks & Opportunities

Opportunities

• Providing specialized telecommunications applications for aircraft emission management and disaster warnings

Reporting Standards

Frameworks Used: UN Sustainable Development Goals (SDGs), Greenhouse Gas (GHG) Protocol Corporate Accounting and Reporting Standard, Defra (UK) Guidance on How to Measure and Report your Greenhouse Gas Emissions

Certifications: Luxembourg SDK (SuperDrecksKescht) Label

UN Sustainable Development Goals

• SDG 3: Good Health and Well-being
• SDG 4: Quality Education
• SDG 8: Decent Work and Economic Growth
• SDG 9: Industry Innovation and Infrastructure
• SDG 10: Reduce inequalities

SES's products and services contribute to these SDGs by providing connectivity for healthcare, education, economic development, digital innovation, and bridging the digital divide.

Sustainable Products & Innovation

• O3b mPOWER constellation

Environmental Metrics

ESG Focus Areas

• Sustainable Space
• Climate Action
• Diversity and Inclusion
• Critical Human Needs

Environmental Achievements

• Reduced CO2 emissions by 32% compared to 2019 (CDP report results for 2020).

Social Achievements

• Launched employee-driven Equality & Inclusion working groups, resulting in several implemented changes (e.g., harmonized parental leave globally, more inclusive job descriptions).

Governance Achievements

• Joined the UN Global Compact.
• Implemented a whistleblowing hotline.

Climate Goals & Targets

Environmental Challenges

• Need to expand the boundary of Scope 3 emissions to include satellite manufacturing.
• Need for better metrics on the impact of services on people.
• High female turnover (18%) compared to male turnover (14%).

Mitigation Strategies

• GHG gap analysis to improve reporting and develop a roadmap for NetZero and SBTi targets.
• Stakeholder outreach in 2022 to understand how to meaningfully impact human needs.
• Closely monitoring female turnover through D&I Dashboard and reviewing exit interviews to guide future actions.

Supply Chain Management

Responsible Procurement

• Supplier Code of Conduct
• Supplier General Terms and Conditions (GTCs)

Climate-Related Risks & Opportunities

Opportunities

• Providing solutions to combat environmental challenges through satellite connectivity.

Reporting Standards

Frameworks Used: GRI, SASB, UN Global Compact

Certifications: ISO 14001 (implied by waste management practices), ISO 45001 (principles followed for health and safety)

Awards & Recognition

• Luxembourg Diversity Award (Communication and Values)
• European Customer Centricity Awards (Business Change or Transformation, Customer Centricity in B2B)
• International Customer Centricity Awards (Gold in Business Change and Transformation – Telecoms, Silver in CX Leader of the Year, Bronze in Customer Centric Culture – Telecoms and Utilities)

Environmental Metrics

ESG Focus Areas

• Sustainable Space
• Climate Action
• Diversity and Inclusion (D&I)
• Critical Human Needs

Environmental Achievements

• Increased CDP climate change score from D to B by expanding Scope 3 reporting, improving climate governance, and setting Net Zero targets.
• Improved energy efficiency by 52% between 2014 and 2020 in Luxembourg headquarters.
• Implemented an electrically powered shuttle service to reduce employee commuting emissions.

Social Achievements

• Launched several D&I programs including trainings, mentorship, allyship, and equality working groups.
• Increased gender diversity of people managers by 30% in 2022.
• Supported various STEM education initiatives and partnerships to increase diversity in the space industry.
• Maintained a high employee Net Promoter Score of +39.

Governance Achievements

• Updated Supplier Code of Conduct and General Terms and Conditions to reflect ESG values.
• Implemented a robust compliance training program with high completion rates (over 85%).
• Established a whistleblowing hotline.

Climate Goals & Targets

Environmental Challenges

• High employee turnover (9% in 2022), particularly among women.
• Challenges in measuring diversity globally beyond gender.
• Significant Scope 3 emissions related to satellite manufacturing and launch.

Mitigation Strategies

• Implementing initiatives to improve employee engagement and retention.
• Developing more comprehensive diversity metrics.
• Conducting lifecycle assessments to identify areas for reducing Scope 3 emissions.
• Investing in renewable energy options and energy-efficient technologies.

Supply Chain Management

Responsible Procurement

• Supplier Code of Conduct
• Supplier General Terms and Conditions (GTCs)
• Third-party Corporate Responsibility Supply Chain assessment tool

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI, SASB, TCFD, UNGC, Non-Financial Reporting Directive

Certifications: ISO 45001, ISO 27001, ISO 22301-2019

UN Sustainable Development Goals

• SDG 9

Connectivity initiatives in developing nations.

Awards & Recognition

• IMS Luxembourg Sustainability Team award

Environmental Metrics

ESG Focus Areas

• Sustainable Space
• Climate Action
• Diversity and Inclusion
• Critical Human Needs

Environmental Achievements

• Completed first lifecycle assessment on a broadcast satellite.
• Procured green energy in some of its largest offices (Betzdorf, Munich, The Hague, Hawley).
• Commitment to install renewable energy sources in 3 SES facilities in 2024.
• Reduced internal office supplies from 80 items to 13, meeting sustainable criteria.
• Removed 321 individual trash bins and replaced them with 61 recycling centers.
• Launched a food waste program minimizing food waste.
• Partnership with ClimateForce for Tropical ReGen rainforest regeneration project.

Social Achievements

• Connected over 800 sites in more than 80 developing countries to deliver essential connectivity.
• Partnership with We Are It (WIT) to deliver connectivity services to 43 Filipino COMELEC offices in Mindanao.
• Partnership with CNT to double internet speed across the Galapagos Islands using O3b mPOWER.
• Deployment of more than 1,100 broadband hotspots in Mexico with CFE TEIT.
• Leveraging SES-17 and O3b mPOWER to bring high-speed broadband to remote villages in French Guiana.
• Supported relief efforts during humanitarian emergencies in 25 countries via emergency.lu.
• Provided telemedicine services via Satmed platform.
• Supported Turkey-Syria earthquake relief efforts with emergency.lu kits and employee fundraising.
• Increased female representation in people management roles by 3.3%.

Governance Achievements

• Updated policy against harassment.
• Published an AI policy.
• Expanded confidential Global Compliance Hotline to customers and vendors.
• Introduced a Code of Conduct for Suppliers.
• Redesign of compliance training process with high completion rates (over 90%).

Climate Goals & Targets

Environmental Challenges

• Rapid proliferation of satellite systems creating space sustainability challenges (orbital debris, operational issues).
• Potential for more frequent and intense extreme weather events impacting operations.
• Transition risks related to stakeholder expectations (investors, regulators, customers, employees), low-carbon technologies, and regulations.
• Increased Scope 2 emissions due to acquisition of DRS Global Enterprise Solutions and changes in electricity conversion factors.

Mitigation Strategies

• Commitment to NetZero by 2050 and submission of SBTi targets by 2024.
• Lifecycle Assessments to drive greater visibility into environmental impact and identify reduction opportunities.
• Climate scenario analysis and integration of climate risk into risk management processes.
• Development of new technologies, partnerships, policies, and solutions for long-term space sustainability.
• Improved energy efficiency and procurement of green energy.
• Implementation of a comprehensive cyber security program.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Revised Code of Conduct for Suppliers (including human rights, environmental, and information security aspects).

Climate-Related Risks & Opportunities

Physical Risks

• Heatwaves
• Heavy precipitation
• Hurricanes
• Rise in global temperatures
• Sea level rise

Transition Risks

• Stakeholder expectations
• Low-carbon technologies
• Regulations

Opportunities

• Market opportunities and reputational benefits after extreme weather events.
• Cost and emissions avoidance through energy efficiency.
• Reputational benefits and access to green financing.
• Opportunities for customers to avoid costs and emissions, enter new markets, and reduce emissions exposure.

Reporting Standards

Frameworks Used: GRI, SASB, TCFD, UN Global Compact

Certifications: ISO 27001, ISO 45001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• SDG 9

Deploying SES connectivity in developing nations and supporting communities in crisis.

Sustainable Products & Innovation

• O3b mPOWER satellite terminal

Awards & Recognition

• Luxembourg SuperDrecksKescht (SDK) ecolabel (23 years)