Climate Change Data

Environmental Metrics

ESG Focus Areas

• Economic
• Environmental
• Social
• Societal

Environmental Achievements

• 10M euros invested in lowering the environmental impact in 2021-2022
• 77% of waste is recycled or recovered
• 7.8% renewable energy used
• All the French bakery products and ingredients companies HOLD FOOD SAFETY CERTIFICATIONS (BRC, IFS, FAMI-QS or ISO 22 000 FSSC)
• 3 sites certified with ISO 14001, 2 sites certified with ISO 50001

Social Achievements

• €15.9M of profit-sharing and incentive payments for employees
• 170,035 hours of training for a €3.6M budget
• 67.6% of permanent staff attended at least one training course during the fiscal period
• Limagrain Academy: the Group scheme for developing skills

Governance Achievements

• 4,210 employees have followed the Code of Conduct e-learning course, or about 70% of connected employees
• 80.5% aware of the Code of Conduct, or about 40% of non-connected employees evaluated by the Group Purchasing Coordination Department
• Ethical Purchasing Charter signed by more than 450 buyers

Climate Goals & Targets

Environmental Challenges

• Meeting the food needs of a growing world population by 2050 (agricultural production needs to rise by 60%)
• Attracting talent due to location of sites and specific expertise required
• Mismatch between business needs and available skills
• Maintaining compliance with business ethics principles given the complexity of seed production and distribution

Mitigation Strategies

• Investing in research and development of new varieties adapted to climate change and specific regional characteristics
• Deploying employer brand, partnering with higher education establishments, and promoting diversity of professions
• Career management, mobility, and training programs
• Implementing a comprehensive ethics policy, Code of Conduct, and e-learning program

Supply Chain Management

Responsible Procurement

• Ethical Purchasing Charter
• Obligation of Vigilance
• Request for Information (RFI)

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Global Compact, ISO 26000

Certifications: ISO 14001, ISO 50001

Environmental Metrics

ESG Focus Areas

• Economic performance of farms and development of sectors
• Food security
• Preservation and enrichment of cultivated plant biodiversity
• Health and safety of employees and safety of property
• Attractiveness and talent management
• Commitment to diversity and gender equality
• Data protection and information systems
• Quality of products
• Ethical and legal compliance
• Development of territories
• Support for communities and patronage
• Environmental impact
• Stakeholder relations and participation in public debate

Environmental Achievements

• Reduction of 12.2% in total greenhouse gas emissions (scopes 1 and 2, excluding refrigerants)
• 68.6% of waste was recovered
• Reduction of 8.9% in energy consumption
• Installation of new air compressor plant in Ennezat factory recovering waste heat (up to 2 GWh/year)
• Construction of new, more efficient greenhouses at HM.CLAUSE site in Saint-Rémy-de-Provence
• Vilmorin Jardin launched 100% recyclable packaging for Gondian brand
• Limagrain Coop implemented B100 biofuel for 70% of its truck fleet, reducing diesel consumption by over 70% and CO2 emissions by 40%

Social Achievements

• Launched a Diversity & Inclusion program with three pillars: non-discrimination, gender equality, and cultural and generational diversity
• Signed an agreement on gender equality in December 2022
• Signed an agreement on social dialogue in May 2023
• Launched AS’LIM, a sports association for employees in Auvergne
• Hazera launched Thx+ program to recognize and reward employee engagement
• Improved employee safety with a target of TF2 to 6 in 2026
• 447,529 euros of food products donated to food banks and charities

Governance Achievements

• Implemented a comprehensive Business Ethics & Anti-Bribery (BE&AB) program
• Developed a cybersecurity program with a 94% participation rate in cybersecurity training
• Established a Group ethical alert system, receiving 8 alerts during the fiscal year
• 94.4% of 160 suppliers evaluated by the Group Purchasing Coordination declared to be engaged in an ESG approach

Climate Goals & Targets

Environmental Challenges

• Climate change impacts (drought, intense rainfall)
• Regulatory changes regarding agricultural inputs
• Competition for talent in a global market
• Recruitment difficulties due to location of sites
• Risks related to the safety and security of employees and assets
• Cybersecurity threats
• Reputational risks related to the seed industry
• Impacts of major crises (war in Ukraine, earthquakes in Turkey and Syria, earthquake in Morocco, attacks in Israel)

Mitigation Strategies

• Developed a “Culture Systems Matrix” to test and implement sustainable farming techniques
• Implemented a digital platform for sharing agricultural practices
• Launched a “Limagne Charter” for improving soil fertility and reducing pesticide use
• Developed a strong employer brand to attract and retain talent
• Implemented a comprehensive safety program with DuPont Sustainable Solutions
• Implemented a robust cybersecurity program
• Maintained activities in Russia while suspending a new factory project
• Provided financial and logistical support to employees affected by crises
• Engaged in dialogue with stakeholders to address concerns

Supply Chain Management

Supplier Audits: 160 suppliers evaluated

Responsible Procurement

• Inclusion of social and environmental criteria in purchasing processes
• Due diligence and monitoring of suppliers
• Request for Information (RFI) for assessing supplier ESG maturity

Climate-Related Risks & Opportunities

Physical Risks

• Drought
• Intense rainfall

Opportunities

• Development of climate-resilient varieties

Reporting Standards

Frameworks Used: ISO 26000, GRI G4, UN Global Compact

Certifications: ISO 14001 (3 sites), ISO 50001 (2 sites), ETS (renewed in 2022)

Third-party Assurance: Grant Thornton

UN Sustainable Development Goals

• SDG 2 (Zero Hunger)
• SDG 5 (Gender Equality)
• SDG 8 (Decent Work and Economic Growth)
• SDG 10 (Reduced Inequalities)
• SDG 12 (Responsible Consumption and Production)
• SDG 13 (Climate Action)
• SDG 15 (Life on Land)
• SDG 16 (Peace, Justice and Strong Institutions)

Limagrain's activities contribute to these SDGs through various initiatives detailed in the report.

Sustainable Products & Innovation

• Climate-resilient seed varieties
• Improved nutritional quality of products