Climate Change Data

PRECIA S.A.

Climate Impact & Sustainability Data (2018, 2020)

Reporting Period: 2018

Environmental Metrics

Total Carbon Emissions:6,585 tonnes CO2e (calculated using Bilan Carbone ® v8.1 method, data for UK operations missing)
Total Energy Consumption:2,468,371 kWh (electricity, data for some offices missing)
Water Consumption:7,635 m3 (data for some offices missing)
Waste Generated:518 tonnes (PRECIA SA only, data for other entities missing)

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Waste recovery rate of 79% for PRECIA SA (down due to site renovation)
  • Reduced water consumption (quantified data available for some entities only)

Social Achievements

  • Opened a new recreational area for employees at the Ardèche site
  • Implemented actions regarding recruitment, equal pay, internal promotion, and work-life balance related to gender equality
  • Signed the Ardèche Club Entreprise et Handicap’s charter (Business and Disability Club)
  • Part of the manufacture of new products entrusted to a facility employing disabled workers

Governance Achievements

  • References the middlenext Corporate Governance Code

Climate Goals & Targets

Environmental Challenges

  • Unfavorable exchange rate effects in India, Australia, and New Zealand
  • Brexit uncertainties and potential slowdown in the UK economy
  • Trade tensions due to increasing worldwide protectionism
  • Absenteeism disrupting production and service scheduling
Mitigation Strategies
  • Created local manufacturing and assembly facilities in various developing countries
  • Reorganisation to lower overheads and improve profitability
  • Localised production to limit the impact of the strong euro
  • Implemented measures to reduce absenteeism (details not specified)

Supply Chain Management

Supplier Audits: All suppliers are assessed twice a year

Responsible Procurement
  • Most subcontractors are chosen locally to ensure that the social and environmental standards they are required to meet are at least equivalent to those of the production sites based in France.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: IFRS

Certifications: Quality Management System certified by Veritas, AFAQ (or equivalent organisations for foreign subsidiaries), LNE for Legal Metrology and LCIE for Explosive Atmospheres (ATEX)

Third-party Assurance: PricewaterhouseCoopers Audit and RM Consultants

Sustainable Products & Innovation

  • Product developed to allow customers to combat food waste

Reporting Period: 2020

Environmental Metrics

Total Carbon Emissions:7,086 tonnes CO2e
Total Energy Consumption:2,623,679 kWh
Water Consumption:4,957 m3
Waste Generated:328,196 tons (PRECIA S.A. only)

ESG Focus Areas

  • Environmental Protection
  • Health and Safety
  • Gender Equality
  • Human Rights
  • Sustainable Resource Use
  • Climate Change
  • Corporate Social Responsibility

Environmental Achievements

  • 83% waste recovery rate at PRECIA S.A.
  • Reduced energy consumption through centralized heating and air conditioning systems at Veyras industrial site
  • Development of products that reduce clients' environmental impact (e.g., Electro-Generator for belt scales)

Social Achievements

  • Increased percentage of women employees over the last three years (from 16.5% in 2018 to 17.6% in 2020)
  • Implemented measures for gender equality (recruitment, equal pay, work-family balance)
  • Outsourced portion of manufacturing to a structure employing disabled workers
  • 10 work-study students and 15 trainees joined the teams in 2020
  • Support for local sports clubs and cultural initiatives

Governance Achievements

  • Adoption of an Ethics Charter in 2019, including an Anti-Corruption Code, Gift Policy, and Internal Alert System
  • Compliance with Legal Metrology and ATEX regulations
  • Implementation of a Quality Management System

Climate Goals & Targets

Environmental Challenges

  • COVID-19 pandemic impacting business activity, particularly in Asia Pacific (India, Malaysia, Australia)
  • Supply chain disruptions due to the pandemic
  • Increases in the cost of steel and procurement constraints for electronic components
Mitigation Strategies
  • Adaptability and resilience measures to offset the impact of the pandemic
  • Strong performance of Milviteka offsetting revenue decline
  • Cost reduction measures (cancellation of trade shows, reduced travel)
  • Preservation of cash and reduction of costs
  • Better control of working capital requirements

Supply Chain Management

Supplier Audits: All suppliers assessed twice a year

Responsible Procurement
  • Favouring short supply circuits for subcontractors and raw materials
  • Internalisation of electronic weighing indicator production

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: IFRS

Certifications: Q4 fire extinguisher installation certification (PRECIA S.A.), Quality Management System certification

Sustainable Products & Innovation

  • Electro-Generator for belt scales