Climate Change Data

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