FL Entertainment N.V.
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Carbon footprint reduction
- Inclusion and safety
- Transparent disclosure and ethical leadership
- Responsible gaming
- Diversity, Equity & Inclusion
Environmental Achievements
- Partnership with 3Degrees to assess the carbon footprint of TV shows
- Initiatives to reduce carbon footprint on content and IT servers production
Social Achievements
- Betclic became the sole operator of online sports betting to have received the GamCare certification outside the UK
- Launch of Banijay Launch, a global accelerator program supporting women creators
- Various D&I initiatives across Banijay and Betclic
Governance Achievements
- Implementation of an HR&ESG Committee at Board level
Climate Goals & Targets
Medium-term Goals:
- Content production and distribution: mid-single digit annual organic revenue growth and stable Adjusted EBITDA Margin
- Sports betting and online gaming: low teens annual organic revenue growth and stable Adjusted EBITDA Margin
- Group Adjusted Cash Conversion rate at around 80%
- Dividend payout ratio: at least 33.3% of the Group’s Adjusted Net Income
- Group Net financial debt / Adjusted EBITDA below 3x
Short-term Goals:
- By 2025, most of Betclic's betters play in control
Environmental Challenges
- Attracting and retaining employees in a competitive market
- Maintaining customer satisfaction amidst changing consumer preferences and technological advancements
- Ensuring regulatory compliance across multiple jurisdictions
- Maintaining employee health and safety
- Protecting data privacy and cybersecurity
- Offering responsible products and services
- Protecting intellectual property
- Maintaining ethical conduct and preventing corruption
- Promoting diversity and inclusion in content and workforce
Mitigation Strategies
- Long-term financial incentives and entrepreneurial organization to attract and retain talent
- Regular employee engagement surveys and action plans to improve employee experience
- Formalized policies, codes of conduct, and processes to ensure regulatory compliance
- Compliance with health and safety laws and regulations, and provision of a safe and inclusive work environment
- Robust data protection and cybersecurity measures, including IT security governance framework and employee training
- Comprehensive player protection program (Betclic Protect) and responsible gaming initiatives
- Strong IP protection policies and procedures
- Whistleblowing policies and ethical guidelines
- Global DEI strategy and initiatives to promote diversity and inclusion
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: EU Taxonomy Regulation (EU) 2020/852, SASB Standards
Certifications: GamCare International Safer Gambling Standard Certificate (Betclic)
Awards & Recognition
- GamCare International Safer Gambling Standard Certificate (Betclic)
- Konbini Commitment Award (Banijay)