Climate Change Data

Prodways Group SA

Climate Impact & Sustainability Data (2021)

Reporting Period: 2021

Environmental Metrics

ESG Focus Areas

  • Environmental
  • Human
  • Financial
  • Industrial & Societal
  • Intellectual

Environmental Achievements

  • Reduced resource consumption through the use of technologies that save resources needed for production and a moderate environmental footprint.

Social Achievements

  • 57 recruitments
  • 33,400 hours of training
  • Objective of reducing the employee turnover rate

Governance Achievements

  • Implementation of synergies within the Group
  • Improvement of profitability and cash flow generated by the activity
  • Objective of improving operating income

Climate Goals & Targets

Short-term Goals:
  • Increase revenue by 5% to 10% in 2022

Environmental Challenges

  • Supply chain disruptions due to the pandemic and global production difficulties
  • Dependence on suppliers
  • Geopolitical risks
  • Competition from large players with significant resources
  • Rapid technological changes in the 3D printing sector
  • Risks related to the manipulation, storage, or possession of materials
  • Risks related to the integration of acquired companies
  • Risks related to the non-alignment of the Group's interests or strategy with those of its subsidiaries
  • Risks related to the insufficient generation of cash flow to support growth
  • Risks related to the lack of reliability of the financial data used within the Group
  • Risks related to the insufficient quality and performance of partners or subcontractors used
  • Risks related to the difficulties in attracting or retaining employees with the required level of competence
  • Risks related to the inadequacy of skills in relation to the transformation of the Group
  • Risks related to the insufficiently considered or mastered legal aspects in commitments
  • Risks related to the deficient protection of intellectual property or counterfeiting of third-party patents
  • Risks related to the non-compliance with regulations
  • Risks related to the failure of IT security
  • Risks related to the lack of adapted internal skills to the evolution of the Group's professions or activities
  • Risks related to the lack of training or anticipation of the necessary skills
  • Risks related to poorly organized knowledge transfer
  • Risks related to the difficulties in complying with legal and regulatory provisions applicable in France and in all jurisdictions in which the Group has interests
  • Risks related to the evolution of standards that may require new R&D work to adapt products developed by the Group and maintain the authorizations and certifications applicable to its products
  • Risks related to the counterfeiting of innovations
  • Risks related to the non-validity of a patent, counterfeiting by a third party, use of a patented technology by a third party, leakage of know-how, litigation, etc.
  • Risks related to difficulties in complying with a performance obligation or other commitment contractually accepted with respect to a client or partner
  • Risks related to fraud or cybercrime
  • Risks related to the questioning of the CIR (Research Tax Credit) system
  • Risks related to the lack of availability, inaccuracy, or lack of coherence of financial data
  • Risks related to the dilution of shareholders in the event of financing this growth through recourse to securities issues
  • Risks related to the integration of the acquired company or activity into the Group
  • Risks related to the realization of the assumptions underlying the valuation and expected benefits of the transaction
  • Risks related to the existence of unanticipated costs or hidden liabilities
  • Risks related to the departure of key personnel from these companies
  • Risks related to the non-realization of the benefits of future or completed acquisitions within the expected timeframes and levels
  • Risks related to difficulties in the acquisition and integration process
  • Risks related to the non-alignment of strategic objectives between the parent company and its subsidiaries or between subsidiaries
  • Risks related to the loss of key personnel
  • Risks related to inadequate succession planning or a failure to transfer know-how
  • Risks related to the inadequacy of internal skills to the evolution of the Group's professions or activities
  • Risks related to the lack of training or anticipation of the necessary skills
  • Risks related to poorly organized knowledge transfer
  • Risks related to the difficulties in attracting or retaining employees with the required level of competence
  • Risks related to the inadequacy of skills in relation to the transformation of the Group
  • Risks related to the insufficient quality and performance of partners or subcontractors used
  • Risks related to the difficulties in complying with legal and regulatory provisions applicable in France and in all jurisdictions in which the Group has interests
  • Risks related to the evolution of standards that may require new R&D work to adapt products developed by the Group and maintain the authorizations and certifications applicable to its products
  • Risks related to the counterfeiting of innovations
  • Risks related to the non-validity of a patent, counterfeiting by a third party, use of a patented technology by a third party, leakage of know-how, litigation, etc.
  • Risks related to difficulties in complying with a performance obligation or other commitment contractually accepted with respect to a client or partner
  • Risks related to fraud or cybercrime
  • Risks related to the questioning of the CIR (Research Tax Credit) system
  • Risks related to the lack of availability, inaccuracy, or lack of coherence of financial data
  • Risks related to the dilution of shareholders in the event of financing this growth through recourse to securities issues
  • Risks related to the integration of the acquired company or activity into the Group
  • Risks related to the realization of the assumptions underlying the valuation and expected benefits of the transaction
  • Risks related to the existence of unanticipated costs or hidden liabilities
  • Risks related to the departure of key personnel from these companies
  • Risks related to the non-realization of the benefits of future or completed acquisitions within the expected timeframes and levels
  • Risks related to difficulties in the acquisition and integration process
  • Risks related to the non-alignment of strategic objectives between the parent company and its subsidiaries or between subsidiaries
  • Risks related to the loss of key personnel
  • Risks related to inadequate succession planning or a failure to transfer know-how
  • Risks related to the pandemic and its consequences
  • Risks related to the evolution of the competitive landscape
  • Risks related to the rapid and profound changes in the 3D printing market
  • Risks related to the dependence on suppliers
  • Risks related to the quality of products from third-party suppliers
  • Risks related to the insufficient involvement of distributors or agents or non-compliance with applicable regulations
  • Risks related to the quality and reliability of products and distributed products
  • Risks related to the economic context and its evolution in the world
  • Risks related to the industrialization of innovative products
  • Risks related to the execution of contracts
  • Risks related to design or manufacturing defects
  • Risks related to product or service quality issues
  • Risks related to the manipulation of dangerous products
  • Risks related to the exposure to harmful substances
  • Risks related to road traffic accidents
  • Risks related to the kidnapping of an employee during a business trip
  • Risks related to the conservation and handling of dangerous products
  • Risks related to the collection and recycling of potentially polluting materials
  • Risks related to the violation of regulations
  • Risks related to the complexity and frequent evolution of accounting standards
  • Risks related to the unavailability, inaccuracy, or lack of coherence of financial data
  • Risks related to the difficulties in attracting or retaining employees with the required level of competence
  • Risks related to the inadequacy of skills in relation to the transformation of the Group
  • Risks related to the insufficient quality and performance of partners or subcontractors used
  • Risks related to the difficulties in complying with legal and regulatory provisions applicable in France and in all jurisdictions in which the Group has interests
  • Risks related to the evolution of standards that may require new R&D work to adapt products developed by the Group and maintain the authorizations and certifications applicable to its products
  • Risks related to the counterfeiting of innovations
  • Risks related to the non-validity of a patent, counterfeiting by a third party, use of a patented technology by a third party, leakage of know-how, litigation, etc.
  • Risks related to difficulties in complying with a performance obligation or other commitment contractually accepted with respect to a client or partner
  • Risks related to fraud or cybercrime
  • Risks related to the questioning of the CIR (Research Tax Credit) system
  • Risks related to the lack of availability, inaccuracy, or lack of coherence of financial data
  • Risks related to the dilution of shareholders in the event of financing this growth through recourse to securities issues
  • Risks related to the integration of the acquired company or activity into the Group
  • Risks related to the realization of the assumptions underlying the valuation and expected benefits of the transaction
  • Risks related to the existence of unanticipated costs or hidden liabilities
  • Risks related to the departure of key personnel from these companies
  • Risks related to the non-realization of the benefits of future or completed acquisitions within the expected timeframes and levels
  • Risks related to difficulties in the acquisition and integration process
  • Risks related to the non-alignment of strategic objectives between the parent company and its subsidiaries or between subsidiaries
  • Risks related to the loss of key personnel
  • Risks related to inadequate succession planning or a failure to transfer know-how
  • Risks related to the pandemic and its consequences
  • Risks related to the evolution of the competitive landscape
  • Risks related to the rapid and profound changes in the 3D printing market
  • Risks related to the dependence on suppliers
  • Risks related to the quality of products from third-party suppliers
  • Risks related to the insufficient involvement of distributors or agents or non-compliance with applicable regulations
  • Risks related to the quality and reliability of products and distributed products
  • Risks related to the economic context and its evolution in the world
  • Risks related to the industrialization of innovative products
  • Risks related to the execution of contracts
  • Risks related to design or manufacturing defects
  • Risks related to product or service quality issues
  • Risks related to the manipulation of dangerous products
  • Risks related to the exposure to harmful substances
  • Risks related to road traffic accidents
  • Risks related to the kidnapping of an employee during a business trip
  • Risks related to the conservation and handling of dangerous products
  • Risks related to the collection and recycling of potentially polluting materials
  • Risks related to the violation of regulations
  • Risks related to the complexity and frequent evolution of accounting standards
  • Risks related to the unavailability, inaccuracy, or lack of coherence of financial data
  • Risks related to the difficulties in attracting or retaining employees with the required level of competence
  • Risks related to the inadequacy of skills in relation to the transformation of the Group
  • Risks related to the insufficient quality and performance of partners or subcontractors used
  • Risks related to the difficulties in complying with legal and regulatory provisions applicable in France and in all jurisdictions in which the Group has interests
  • Risks related to the evolution of standards that may require new R&D work to adapt products developed by the Group and maintain the authorizations and certifications applicable to its products
  • Risks related to the counterfeiting of innovations
  • Risks related to the non-validity of a patent, counterfeiting by a third party, use of a patented technology by a third party, leakage of know-how, litigation, etc.
  • Risks related to difficulties in complying with a performance obligation or other commitment contractually accepted with respect to a client or partner
  • Risks related to fraud or cybercrime
  • Risks related to the questioning of the CIR (Research Tax Credit) system
  • Risks related to the lack of availability, inaccuracy, or lack of coherence of financial data
  • Risks related to the dilution of shareholders in the event of financing this growth through recourse to securities issues
  • Risks related to the integration of the acquired company or activity into the Group
  • Risks related to the realization of the assumptions underlying the valuation and expected benefits of the transaction
  • Risks related to the existence of unanticipated costs or hidden liabilities
  • Risks related to the departure of key personnel from these companies
  • Risks related to the non-realization of the benefits of future or completed acquisitions within the expected timeframes and levels
  • Risks related to difficulties in the acquisition and integration process
  • Risks related to the non-alignment of strategic objectives between the parent company and its subsidiaries or between subsidiaries
  • Risks related to the loss of key personnel
  • Risks related to inadequate succession planning or a failure to transfer know-how
Mitigation Strategies
  • Implementation of double sourcing where possible
  • Identification of alternative suppliers for critical components
  • Development of alternative material formulations
  • Adaptive pricing policy to offset rising raw material and component costs
  • Implementation of quality and traceability procedures
  • Strict procedures for handling and storage of potentially dangerous materials
  • Regular monitoring of regulations
  • Implementation of adapted organizations, specific procedures, and staff training
  • Use of external expertise (lawyers, consultants, experts)
  • Implementation of internal control procedures
  • Regular awareness-raising and training actions for particularly exposed employees
  • Implementation of double signature procedures
  • In-depth review of all systems with a view to implementing dedicated and personalized solutions (processes and systems)
  • Implementation of a succession plan for key personnel
  • Development of a human resources policy focused on the retention of key personnel
  • Implementation of specific retention objectives for numerous Group executives
  • Strengthening relationships with the client and partner community
  • Regular communication with targeted media and on social networks
  • Awareness-raising and training of Group executives, communicators, and spokespersons
  • Dissemination of a press procedure
  • Specific press and web monitoring
  • Provision of tools and training for employees
  • Implementation of a code of conduct against corruption
  • Regularly updating risk mapping
  • Continuous investment in R&D
  • Selective approach to R&D projects
  • Diversification of activities
  • Proactive prospective monitoring
  • Annual strategic board meeting
  • Testing innovations at the INITIAL service bureau
  • Testing innovations with key clients
  • Implementation of technical product reception procedures
  • Systematic prior training of users
  • Preventive maintenance programs
  • Strengthening pre-sales and support teams
  • Implementation of procedures for employees on business trips
  • Reactive repatriation solutions
  • Harmonization of accounting and financial systems
  • Implementation of a Group internal control framework
  • Identification of critical processes
  • Development of an internal control framework for each process
  • Dissemination of the internal control framework
  • Use of self-assessment questionnaires
  • Regular review of the Group's risk mapping
  • Implementation of a Group internal control framework
  • Identification of critical processes
  • Development of an internal control framework for each process
  • Dissemination of the internal control framework
  • Use of self-assessment questionnaires
  • Regular review of the Group's risk mapping

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: IFRS

Certifications: ISO 9001, EN 9100, MDSAP, FDA

Sustainable Products & Innovation

  • PLASTCure Absolute Aligner resin