Climate Change Data

Société Phocéenne de Participation (SPP)

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:727,294 tCO2e
Scope 1 Emissions:38,739 tCO2e
Scope 2 Emissions:301 tCO2e
Scope 3 Emissions:418,838 tCO2e
Water Consumption:174,144 m3
Waste Generated:5,627 m3
Carbon Intensity:1.10 kg CO2e/euro of revenue

ESG Focus Areas

  • Climate Change
  • Health, Safety, and Well-being
  • Ethical Governance and Integrity
  • Human Development
  • Responsible Supply Chain Management

Environmental Achievements

  • Reduced Scope 1 emissions by -15.8% vs 2022 (mainly due to change in reporting scope)
  • 90% of OSV fleet equipped with diesel-electric propulsion, generating up to 30% fuel savings
  • Bourbon Offshore Surf received Green Marine Europe environmental certification

Social Achievements

  • Employee satisfaction rate of 7.6/10 (2023 engagement survey)
  • Over 400 employees trained in the fight against discrimination
  • 80,330 training hours completed
  • Won the 2023 Blue Charter Trophy by Armateurs de France

Governance Achievements

  • 96% of most exposed employees had compliance training
  • 100% of critical suppliers signed the Supplier Code of Conduct
  • Established a Diversity and Inclusion Committee

Climate Goals & Targets

Long-term Goals:
  • Contribution to net zero by 2050
Medium-term Goals:
  • Market leader in floating wind installation and maintenance by 2035-2045
Short-term Goals:
  • Reduce greenhouse gas emissions by 25% by 2035

Environmental Challenges

  • Aging global fleet and tight new-build market
  • Climate change leading to significant operational risks
  • Increasing regulatory requirements for emission reduction
  • Potential climate risks to business planning and long-term resilience
  • Risks related to third-party relationships in high-risk countries
  • Non-compliance with laws and regulations
  • Data leaks
  • Security incidents
  • Cyber incidents
  • Liability of the parent company for affiliates
  • Energy transition and decline of traditional business sector
  • Inadequate group strategy
  • Difficulties in implementing strategic plan
Mitigation Strategies
  • Vessel retrofit program to extend service life and reduce emissions
  • Strategic positioning in floating wind development
  • Climate foresight in business planning
  • Robust occupational health and safety policies
  • Culture of ethics and compliance with training and tools
  • Supplier selection process based on risk assessment and CSR criteria
  • Compliance program with training and ethics alert line
  • Strategies for each activity, including new services and floating wind
  • Cost reduction plans
  • Innovating approaches in fleet and operations management
  • Adapted governance structure

Supply Chain Management

Responsible Procurement
  • Supplier Code of Conduct
  • Responsible Purchasing Charter (to be implemented in 2024)

Climate-Related Risks & Opportunities

Physical Risks
  • Natural disasters
  • Water scarcity
  • Rising sea levels
  • Extreme weather
Transition Risks
  • Regulatory changes
  • Market shifts
  • Investment scarcity
Opportunities
  • Development of energy-efficient products and services
  • Floating wind development

Reporting Standards

Frameworks Used: ESRS, SASB (Oil&GasServices)

Certifications: ISO 45001 (5 organizations), Green Marine Europe

Third-party Assurance: KPMG

Sustainable Products & Innovation

  • Retrofitted vessels
  • New Surfer vessels with improved energy efficiency

Awards & Recognition

  • 2023 Blue Charter Trophy