2021 Universal Registration Document
4 CORPORATE RESPONSIBILITY
Environmental Responsibility: Carbon-neutral trajectory – Net-zero emissions by 2028
Outlook 3.6. Sopra Steria has been exemplary in its commitment to the United Nations Climate Change Conference in Glasgow (COP26), and to addressing the challenges which humanity must face, as shown by the certifications and awards it has received. But the Group wants to do more, by making digital technology a source of opportunities and an accelerator of progress for everyone. Sopra Steria is also finding business opportunities in helping its clients make their transition to a net-zero emissions economy. Sopra Steria’s main objectives for the next three to five years: Direct operations : continue to reduce greenhouse gas (GHG) p emissions by decreasing energy consumption, using more renewable energy, optimising energy consumption in offices and data centres, using technology to reduce business travel, and using low-carbon modes of transport; Client services : assist our clients with their transition to a p net-zero emissions economy, by applying the principles of sustainable design to our solutions, adopting environment friendly approaches, and using the potential of new technologies to reduce GHG emissions; Supply chain : accelerate our supply chain programme to p engage with our key suppliers and review their progress toward achieving the emissions reductions that will be necessary to limit global warming to below 1.5°C; Net-zero emissions by 2028 : continue to reduce GHG p emissions and invest in afforestation projects for carbon capture that benefit local communities, while exploring potential solutions based on decarbonisation technology with our partners; Climate ambassador : proactively engage alongside p policy-makers such as national governments, the UN Global Compact, the Science Based Targets initiative (SBTi), the CDP, the European Green Digital Coalition, the European Climate Pact, universities, and niche players in the climate agenda. Sustainability-linked loan : Sopra Steria Group’s new revolving p credit facility (RCF), agreed in 2022, will be a sustainability-linked loan (SLL) with a margin that is linked to the annual KPI on GHG emissions reduction per employee, which is in line with Sopra Steria’s SBTi objective of reducing GHG emissions per employee by 85% by 2040. The bonus which the bank pays if the KPI is achieved, and the penalty that Sopra Steria must pay if it is not, are allocated to technology projects that serve to reduce the carbon footprint of one or more activities. The following are examples of such projects: Sustainable agriculture: projects that employ “digital • technologies” to increase agricultural efficiency while protecting the environment by using energy and water resources more efficiently, permaculture seedlings, agricultural robots, and other means and practices that reduce GHG emissions and carbon storage;
Carbon reduction and capture technologies: projects that • implement the best “digital technologies” across multiple industrial sectors and geographies for the purpose of measuring and reducing environmental footprints and optimising GHG capture and storage; Any other category that would have a positive impact on the • climate, such as renewable energy and waste reduction. Sopra Steria’s actions to achieve these objectives are based on our ‘5Cs for Climate Action’: Contain – The most effective way to keep GHG emissions 1. under control is to reduce the emissions we produce during our operations and throughout our supply chain. Our operations generate little in the way of carbon emissions and we have a code of conduct that defines our suppliers’ environmental responsibilities in managing their emissions. As we pursue our goal of achieving net-zero emissions by 2028, we will be focusing on initiatives to reduce emissions all along the value chain and eliminate residual emissions, notably through afforestation programmes; Credit – Integrity and responsibility are vital to the fight against 2. climate change: our stakeholders must be convinced that the steps we are taking to mitigate climate change are making a difference. Our external auditors audit our emissions reduction performance in accordance with the ISAE 3000 standard. This covers governance, strategy, risks and opportunities, targets and measurements in relation to our direct operations as well as supplier engagement and client services. The CDP has recognised our performance by including us in its “A list” of top performers for the past five years; Communicate – Communication is a key element in the fight 3. against climate change. It is important that we are able to inform, persuade and mobilise our stakeholders, both internal and external, to contribute to the fight against climate change; Collaborate – We have formed relationships with and are 4. working with partners ranging from established companies to niche players and new entrants into the market. We share our knowledge and experience via trade bodies, business forums and international organisations such as the United Nations Global Compact and the Science Based Targets initiative (SBTi) so as to promote best practice in relation to climate action and solutions; Contribute – We communicate our expertise to society as a 5. whole. The SBTi invited Sopra Steria to road test its first Net-Zero standard. We have contributed to a United Nations Global Compact project on the importance of defining scientific targets and initiatives that businesses can undertake. In the coming years, we will be working with other organisations such as the European Green Digital Coalition. Sopra Steria clearly intends to continue making climate action and environmental sustainability part of its business-as-usual activities, leveraging digital technology to drive the development of climate solutions and playing a proactive role in helping create a sustainable world for all.
SOPRA STERIA UNIVERSAL REGISTRATION DOCUMENT 2021
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