INNELEC MULTIMEDIA Société Anonyme
Climate Impact & Sustainability Data (2020-2021, 2021-2022, 2023-2024)
Reporting Period: 2020-2021
Environmental Metrics
Social Achievements
- 32 hires during the fiscal year, while 26 people left the group.
- 87.6k€ spent on training.
Governance Achievements
- Adoption of an internal charter on regulated and free conventions in application of the provisions of the Pacte Act of May 22, 2019.
Environmental Challenges
- COVID-19 pandemic and its impact on business activity and supply chains.
- Three lockdowns with varying effects on different product lines.
- Shortage of new generation consoles.
Mitigation Strategies
- Implementation of click and collect and pre-orders.
- Recourse to partial unemployment.
- Recourse to a PGE (Prêt Garanti par l’Etat) of 12M€ (fully repaid in April 2021).
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: IFRS
Third-party Assurance: Mazars Deloitte & Associés
Reporting Period: 2021-2022
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Not disclosed
Environmental Achievements
- Not disclosed
Social Achievements
- Not disclosed
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- High international transportation costs
- Significant increase in logistics costs
- Shortage of semiconductors in the video game market leading to stockouts of latest-generation consoles and limited new game releases
- Significant increase in maritime transport costs
- Poor logistical organization resulting in increased costs (€1 million)
- Covid-19 pandemic impact (component shortages, travel restrictions, China's closure)
- Inflation potentially reducing household purchasing power
Mitigation Strategies
- New distribution agreements and expanded product lines to increase growth in accessories and derivative products (licenses)
- Diversifying sourcing to find new manufacturers closer to Europe to reduce risk of high Asian transport costs
- Transferring logistics operations to a single warehouse near Charles de Gaulle airport to reduce costs and improve efficiency
- Strengthening international organization to accelerate sales and growth outside France
- Developing new products and finding new suppliers despite China's closure
- Contracts with transporters with caps on fuel surcharges to limit risks of uncontrolled inflation of costs
- Dollar purchase and financing contract with a guaranteed parity over 6 months to limit exchange rate risks
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: IFRS
Certifications: Null
Third-party Assurance: Mazars and Deloitte & Associés
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2023-2024
Environmental Metrics
Social Achievements
- Transferred all logistics activities to the Moussy site in August 2022, increasing storage capacity by 67% and significantly reducing costs of temporary staff and inter-depot transport.
Environmental Challenges
- Economic changes in the food retail sector (e.g., Cora acquired by Carrefour, Casino stores sold to Auchan and Carrefour), potentially impacting the next fiscal year.
- Risks inherent to the profession: order/payment cancellations from major clients; product piracy; supplier relationship issues; inability to deliver/invoice due to industrial/IT damage; component shortages; key employee departures; delisting from a purchasing center; theft/destruction of assets; IT risks (ERP, office automation); economic climate (wars, strikes); rising transport costs; EUR/USD exchange rate fluctuations.
Mitigation Strategies
- Regular monitoring of client financial health; contracts with suppliers validated by the Purchasing Manager and the CEO; weekly/monthly treasury monitoring; CEO signs payments within limits set by the Supervisory Board; co-signing with CFO for payments up to authorized amounts; various insurance policies (civil liability, health, stock, business interruption, fraud, cyberattack); management of trademarks by the General Secretary; software for tracking fixed assets; transport insurance policy; contracts with transporters with caps on fuel surcharges; 6-month guaranteed exchange rate for dollar purchases/financing.
Supply Chain Management
Responsible Procurement
- Contracts with suppliers covering volume, price, and payment aspects.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: IFRS