Climate Change Data

Environmental Metrics

ESG Focus Areas

• Ethical principles
• Social responsibility
• Territorial and community development
• Sustainable innovations
• Environmental impact reduction

Environmental Achievements

• Internationalization of the "One eco-innovative project" for each logistics site and factory.
• Roll-out of the eco-design guide in China.
• Market launch of the first products using recycled plastic from WEEE.
• Increased proportion of materials and components transported from Fos by alternative means (mainly barge) to 82% in French factories at Pont-Evêque and Saint-Jean-de-Bournay, resulting in an 80% reduction in CO2 emissions and a 6% cost reduction compared with transport by road.

Social Achievements

• More actions to encourage women to take on technical positions.
• Reduction in the Lost Time Injuries Rate (LTIR): 2.2 in 2015 compared with 2.8 the previous year.
• Internationalisation of the Charity Week employee volunteering event.
• €2,854,641 allocated to corporate philanthropy (endowment fund and subsidiaries).
• Introduction of a cross-generational mentoring scheme in France with 429 mentor/mentee pairs.

Governance Achievements

• Introduction of a plan for ethical, social and environmental audits, with the main objective of checking the social compliance of factories situated in risky areas. 134 audits carried out amongst suppliers by Intertek.

Climate Goals & Targets

Environmental Challenges

• Economic challenges in Brazil
• Supply chain issues related to working hours at some suppliers

Mitigation Strategies

• Reorganization of industrial tools in Brazil (rationalization of cookware production and scaling up of the Recife factory).
• Transfer of activities from Copacabana to Rionegro in Colombia to boost productivity and improve working conditions.
• Suppliers committed to corrective measures for non-compliances related to working hours.

Supply Chain Management

Supplier Audits: 134 audits carried out amongst suppliers by Intertek in 2015

Responsible Procurement

• Code of Ethics
• Responsible Purchasing Charter
• Ethical, social and environmental audits

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

• Products using recycled plastic from WEEE
• Eco-Intelligence iron (Rowenta)

Awards & Recognition

• Top Human Resources Management Award (Supor, China)
• Best Employer award (Asia Fan, Vietnam)
• Trophée National de l’Entreprise Citoyenne (special jury award for socially responsible companies)

Environmental Metrics

ESG Focus Areas

• Ethical principles
• Responsible employment policy
• Community commitment
• Sustainable innovations
• Environmental impact reduction

Environmental Achievements

• 19% lower energy consumption at production sites (like-for-like)
• 25% fewer greenhouse gas emissions from product transport (per sold product)
• 35% recycled materials in new products (target exceeded)

Social Achievements

• Launched a global social protection floor policy pilot program in Eurasia
• Signed 122 collective bargaining agreements
• Implemented a mentoring program to develop and retain talent, promoting women's access to leadership positions

Governance Achievements

• Included two employee directors on the Board
• Reached 43% female representation on the Board (exceeding the 40% target)
• Updated the Stock Market Ethics Charter

Climate Goals & Targets

Environmental Challenges

• Integration of new operations (cultural differences, operational processes, distribution channels)
• Evolution of distribution channels (e-commerce, traditional retailer challenges)
• Country default risks (political, economic, social instability)
• Climate change (weather events, supply chain disruptions)
• Supply chain and seasonality (logistics, dependence on suppliers)
• Product quality and product liability risks
• Internal and external frauds
• Intellectual property infringement
• Currency fluctuations
• Commodity price volatility
• Laws and regulations (data protection, anti-corruption, etc.)

Mitigation Strategies

• Established ad hoc integration structures for acquisitions
• Developed a responsive system for monitoring information and managing reputation
• Implemented hedging policies for financial and commodity risks
• Diversified customer and supplier base
• Developed alternative sourcing strategies
• Strengthened quality control processes and product safety measures
• Implemented robust IT security measures and data protection policies
• Developed a comprehensive risk management framework
• Implemented anti-counterfeiting measures
• Developed a compliance program and training initiatives
• Established a whistleblowing system

Supply Chain Management

Supplier Audits: 177 initial audits and 58 follow-up audits in 2017

Responsible Procurement

• Responsible Purchasing Charter
• Social and environmental criteria in supplier evaluation
• Ethical, social, and environmental audits (WCA)

Climate-Related Risks & Opportunities

Physical Risks

• Storms, droughts, flooding, heat waves

Reporting Standards

Frameworks Used: GRI, AFEP-MEDEF Code

Certifications: OHSAS 18001 (97% of industrial and logistics entities)

Third-party Assurance: Mazars

UN Sustainable Development Goals

• Goal 7 (Affordable and clean energy)
• Goal 12 (Responsible consumption and production)
• Goal 13 (Climate action)

Initiatives contribute to reducing environmental impact, promoting sustainable consumption, and combating climate change

Sustainable Products & Innovation

• Repairable products

Awards & Recognition

• CSR Grand Prix for Responsible Consumer Industries

Environmental Metrics

ESG Focus Areas

• Wellbeing
• Nutrition
• Respect for people
• Circular economy
• Environment

Environmental Achievements

• 20.5% reduction in energy consumption by production sites since 2010
• 56% increase in rail transport between the port of Le Havre and the Orleans platform compared to 2016
• 93.1% of the total volume of electrical products sold worldwide were repairable in 2018
• Average potential recyclability of electrical product families designed in 2018 was 85%
• Reduced carbon intensity by an unspecified amount towards a 50% reduction target by 2023 (vs 2013)

Social Achievements

• Increased proportion of women in management to 38% worldwide in 2018 (from 29% in 2007)
• Reduced number of work accidents with absence and with a direct link to the work by an unspecified amount
• Launched Malin program in France to help struggling families improve their children's diets, supporting over 12,000 families by the end of 2018
• Implemented a global employee protection platform including life insurance, medical cover, and parental leave benefits
• €2.91 million allocated to corporate philanthropy in 2018

Governance Achievements

• Implemented a Code of Ethics with 87.3% of connected employees completing the e-learning program
• Audited 173 suppliers in 2018 to ensure ethical, social, and environmental standards
• Improved Vigeo-Eiris rating, placing it first in its sector in Europe

Climate Goals & Targets

Environmental Challenges

• Increasingly tough macroeconomic environment
• Negative commodity and currency effects
• Continued rapid acceleration of online sales impacting consumer shopping habits and manufacturer operations
• Need to reduce environmental impact across industrial and logistics sites

Mitigation Strategies

• Profitable growth strategy based on brand portfolio, product momentum, and global distribution
• Strategic acquisitions to complement business sectors and geographical presence
• Agile, flexible industrial policy with a powerful industrial system close to markets
• Industry of the Future program using digital technologies to improve productivity, working conditions, and resource savings
• Eco-production policy focusing on reduced energy, water, and material consumption, and waste reduction and recycling
• Long-term sustainable development strategy focusing on human rights, ethics, responsible labor relations, sustainable innovation, and the environment

Supply Chain Management

Supplier Audits: 173 in 2018

Responsible Procurement

• Responsible Purchasing Charter
• Ethical, social, and environmental clauses in calls for tender in France
• Social and environmental audits of suppliers

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: UN Sustainable Development Goals

Certifications: ISO 14001 (100% of factories and logistics entities), OHSAS 18001 (100% of factories and logistics entities)

Sustainable Products & Innovation

• Resource range of frying pans made of 100% recycled aluminum
• Rowenta Silence Force Compact vacuum cleaners with bases made of recycled polypropylene
• Products designed for repairability

Awards & Recognition

• 2018 “Innovation Team Best Practices” award from the Club de Paris des Directeurs de l’Innovation and Paris 1 Panthéon-Sorbonne university for its “10% inspiration” program
• Social Responsibility and Environmental Awareness Award at the European Business Awards
• Happy Trainees label (France) for the fifth successive year
• First place in the electrical equipment sector in the list of Best Employers in France

Environmental Metrics

ESG Focus Areas

• People Matter
• Sustainable Innovation
• Circular Revolution
• Climate Action

Environmental Achievements

• -40% reduction in CO2 eq. emissions by product since 2016 (scopes 1 and 2)
• 48% recycled materials in our manufactured products in 2023

Social Achievements

• 18 hours of training on average per employee per year since 3 years
• 5th best employer in France (electrical equipment category)
• 66% of work-study students or interns hired (executives)

Governance Achievements

• More than one-third of members of the Board of Directors are independent (5/13, 38%)
• 54% women on the Board of Directors (7/13)

Climate Goals & Targets

Environmental Challenges

• intense competition in a fragmented market
• changes in the distribution industry (e-commerce, omni-channel)
• shortages of specialized and qualified employees
• geopolitical risks, economic sanctions, and regulatory changes
• supply chain disruptions
• product quality and consumer safety risks
• cybersecurity risks
• compliance risks and fraud
• environmental risks (pollution, climate change)

Mitigation Strategies

• continuous innovation and product development
• multi-brand strategy and global presence
• diversified distribution network (online and offline)
• flexible manufacturing base
• acquisition strategy
• risk management and internal control processes
• supplier diversification
• ESG integration into business model
• insurance policies
• compliance training programs
• cybersecurity measures
• environmental risk management and reduction targets

Supply Chain Management

Responsible Procurement

• Responsible Purchasing Charter

Climate-Related Risks & Opportunities

Physical Risks

• water shortage
• climate change impacts on land stability

Transition Risks

• energy transition costs

Reporting Standards

Frameworks Used: GRI, AFEP-MEDEF Code

Certifications: ISO 14001

UN Sustainable Development Goals

• 10 of the 17 Sustainable Development Goals

Awards & Recognition

• Ecovadis platinum (2023)