Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Implemented selective sorting system on all EuropaCorp premises located in La Cité du Cinéma.
• Encouraged employees to use low-carbon vehicles by providing reserved parking spaces for electric cars.

Social Achievements

• No specific quantified social achievements are mentioned in the report.

Governance Achievements

• Restructured the company, resulting in a change of majority shareholder and Board of Directors.
• Implemented a new production model to refocus on core business activities.

Climate Goals & Targets

Environmental Challenges

• Risks of dependency on Luc Besson and a number of key persons.
• Risks relating to the uncertain nature of the commercial success of films.
• Risk of delays in production schedules and budget overruns.
• Risks related to the COVID-19 epidemic.
• Risk related to the cost of borrowing.
• Interest rate risk.
• Foreign exchange risk.
• Financial risks relating to the production or coproduction of films.
• Risks related to La Cité du Cinéma.
• Regulations on piracy.

Mitigation Strategies

• Signed a cooperation agreement with Luc Besson, containing an exclusivity commitment.
• Introduced a policy to cover a significant portion of its investment in each film through pre-sales and coproduction contributions.
• Implemented cost control policy to prevent budget overruns and production delays.
• Secured a new credit line to bridge the gap between investments and revenue collection.
• Renegotiated lease terms for La Cité du Cinéma to reduce rent liabilities.
• Implemented an active anti-counterfeiting policy to combat piracy.
• Developed alternative sourcing strategies (not explicitly stated, but implied through risk mitigation).

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: IFRS

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• La Cité du Cinéma site was decontaminated prior to its restoration
• Waste generated during filming at La Cité du Cinéma is removed and sorted by a service provider
• Waste generated during location shooting is collected and taken to the waste collection center by the film crew

Social Achievements

• Annual performance review for all Group employees
• Profit-sharing agreement for employees
• Plan for the free allocation of shares to employees

Governance Achievements

• Separation of the functions of Chairman and Chief Executive Officer
• Establishment of an Audit Committee and a Compensation and Appointments Committee
• Implementation of a safeguard plan

Climate Goals & Targets

Environmental Challenges

• Dependence on Luc Besson
• Uncertain nature of commercial success of films
• Delays in production schedules and budget overruns
• Covid-19 pandemic
• Cost of borrowing
• Interest rate risk
• Foreign exchange risk
• Financial risks relating to the production or coproduction of films
• Risks related to La Cité du Cinéma
• Film piracy

Mitigation Strategies

• Cooperation agreement with Luc Besson
• Thorough project conception and approval process
• Cost control policy
• Internal control procedure
• Safeguard plan
• New credit line
• Financial hedging instruments
• Policy of pre-selling international distribution and television broadcasting rights
• Renegotiation of lease terms for La Cité du Cinéma
• Active anti-counterfeiting policy

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: IFRS