Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Plastics
• Product Safety
• Health and Safety of Team Members
• Human Rights
• Fair Practices (Corruption)
• Environmental Impact of Operations
• Reputation and Brand
• Team Member Skills and Experience
• Education

Environmental Achievements

• 80% renewable electricity used (target achieved)
• Reduced greenhouse gas emissions (scopes 1 and 2) by 20% compared to 2019
• 4.3% of BIC® products produced from recycled or alternative material
• 49.3% of reusable, recyclable or compostable plastic in consumers’ packaging
• Reduced waste production by 13% per ton of production compared to 2019
• 19 products labeled NF Environnement

Social Achievements

• Reduced reportable accidents by 32% vs 2019 (50 total)
• Improved learning conditions for more than 118 million children since 2018
• 24,202 training days for permanent employees
• 270 promotions within the company

Governance Achievements

• Updated BIC Group Code of Conduct
• Updated BIC Group Anti-Corruption Policy
• Implemented a new tool for overseeing airfreight, reducing total annual air freight by 51% and saving 8,600 tons of CO2

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions due to Covid-19 pandemic
• Changes in consumer demand across all three categories
• Retail disruption and consolidation
• Climate change risks (increased carbon regulations, extreme weather events)
• Plastic waste and resource depletion
• Counterfeiting and non-compliant products
• Increased regulations on chemicals and plastics
• Human rights risks in the supply chain
• IT security risks

Mitigation Strategies

• Developed alternative sourcing strategies
• Product innovations and brand positioning to address changing consumer demand
• Expansion into e-commerce
• Ambitious commitments to reduce plastics and carbon emissions
• Circular economy approach (4Rs philosophy)
• Legal actions against counterfeiting and non-compliant products
• Close monitoring of regulatory changes and engagement in policy dialogues
• Supplier Code of Conduct and audit programs
• Dedicated IT security and data governance processes

Supply Chain Management

Supplier Audits: 58% of contract manufacturers audited between 2019 and 2020

Responsible Procurement

• Supplier Code of Conduct
• Responsible Purchasing Charter
• EcoVadis evaluations
• Supplier training programs

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events
• Resource scarcity (water, energy)

Transition Risks

• Increased carbon regulations
• Changes in consumer behavior

Opportunities

• Renewable energy sourcing
• Improved product environmental performance

Reporting Standards

Frameworks Used: GRI, TCFD

Certifications: ISO 9001, ISO 14001, ISO 45001, NF Environnement

Third-party Assurance: One of the Statutory Auditors

UN Sustainable Development Goals

• 1
• 3
• 4
• 5
• 6
• 7
• 8
• 9
• 10
• 12
• 13
• 14
• 15
• 16

BIC's initiatives contribute to these SDGs through its products, operations, and philanthropic activities.

Sustainable Products & Innovation

• BIC® Ecolutions® range
• BIC® Hybrid shaver
• Rocketbook reusable notebooks
• EZ Reach utility lighter

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Climate Change
• Resource Depletion
• Plastic Pollution
• Employee Safety and Well-being
• Diversity, Equity & Inclusion
• Responsible Procurement
• Education

Environmental Achievements

• Reduced water consumption by 11.5% per ton of production between 2020 and 2021
• Reduced energy consumption by 8% per ton of production between 2020 and 2021
• Reduced waste production by 7.8% per ton of production between 2020 and 2021
• Reduced greenhouse gas emissions (scopes 1 & 2) by 11.7% per ton of production between 2020 and 2021
• Reduced greenhouse gas emissions (scope 3) by 13% between 2020 and 2021
• 79% of electricity from renewable sources
• Launched BIC® ReVolution, a full range of eco-friendly stationery products made of at least 50% recycled plastic
• Launched BIC® Cristal® Re’NewTM rechargeable ballpoint pen
• Launched BIC® BAMBOO shaver with a handle made from responsibly sourced bamboo and 100% recyclable cardboard packaging
• Introduced hybrid shaver range in Europe with recycled plastic handles and recyclable packaging
• Expanded razor recycling program in Spain with TerraCycle®
• Built the world’s first lighter disassembly machine

Social Achievements

• Launched “Sharing Horizon” employee shareholding plan, granting 5 shares to all team members
• Improved learning conditions for more than 158 million children since 2018
• Implemented a Group program of Health, Safety and Wellness
• Supported team members’ career evolution through individual development plans
• Implemented a Group Diversity, Equity and Inclusion program
• Reduced work accidents to 58
• Reduced absenteeism rate to 1.19%

Governance Achievements

• Strengthened governance bodies to ensure the success of the consumer-centric strategy and Horizon plan
• Implemented a new Code of Conduct
• Implemented new policies concerning Gender and Equality
• Joined the United Nations Global Compact

Climate Goals & Targets

Environmental Challenges

• Macro-economic challenges: high energy prices, fuel shortages, bottlenecks in production chains, raw material shortages, labor shortages, inflationary pressure, imbalanced economic recovery
• Consumer trends: home-centric lifestyle, focus on product quality and value-added experiences, acceleration of e-commerce, demand for eco-responsible products
• Climate change
• Rising shipping costs
• Shortage of regular plastics

Mitigation Strategies

• Increased operational and manufacturing efficiencies
• Hedging program to mitigate price hikes for plastics (€2.5 million savings)
• Strengthened relationships with strategic suppliers
• Reduced single-sourced materials by 20%
• Speeded up certification of materials
• Savings initiatives including tenders and design-to-cost exercises
• Partnership with Avient for recycled plastics and sustainable materials
• Four priorities for 2022: profitability, reliability, sustainability, and supporting M&A activity

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Responsible Procurement Strategy to minimize environmental impact
• Supplier diversity program
• Long-term commitment and visibility on orders
• Value chain analysis of raw materials and suppliers
• Risk reduction solutions for each material category

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: IIRC

Certifications: FSC, European EcoLabel

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• 7
• 8
• 9
• 12
• 13
• 1
• 4
• 5
• 6
• 3

Not disclosed

Sustainable Products & Innovation

• BIC® ReVolution stationery products
• BIC® Cristal® Re’NewTM ballpoint pen
• BIC® BAMBOO shaver
• Hybrid shaver range

Awards & Recognition

• A- leadership CDP score on Climate Change

Environmental Metrics

ESG Focus Areas

• Sustainable Innovation
• Climate Action
• Workplace Safety
• Supplier Engagement
• Education Enhancement

Environmental Achievements

• Reduced Scope 2 emissions by 72% compared to 2022
• Reached 91% renewable electricity usage on all sites in 2023
• All primary stationery lines now offer at least one item made with alternative, more environmentally friendly materials
• Created a first-of-their-kind lighter-recycling machine

Social Achievements

• Improved lost-time incidents by 37% compared to 2022
• Improved learning conditions for 199 million children since 2018
• 83% of strategic suppliers have adopted our responsible purchasing program

Governance Achievements

• Board of directors reviews sustainability initiatives at least annually
• Nominations, governance & CSR committee reviews sustainability initiatives
• Executive committee reviews and sets the strategic direction of BIC’s approach to sustainability

Climate Goals & Targets

Environmental Challenges

• Challenges in recruiting women for technical roles
• Reducing the environmental impact of products while maintaining ease of use, price, and quality
• Optimizing familiar products already designed with minimum materials

Mitigation Strategies

• Intensifying efforts to train and recruit women for technical roles
• Using the Environmentally and Socially Measurable Advantage (EMA) tool
• Value-engineering approach to drive down the use of raw materials
• Collaborating with suppliers to find sustainable materials

Supply Chain Management

Supplier Audits: 83% of strategic suppliers have adopted our responsible purchasing program

Responsible Procurement

• Responsible purchasing program

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards

Certifications: ISO 14021

Sustainable Products & Innovation

• BIC® Ecolutions® stationery range (products made using recycled materials)
• Retractable gel pen made from 78% recycled ocean-bound plastic waste
• BIC® EZ Load™ lighter (reloadable)