Compagnie des Alpes // 2021 Universal Registration Document
4 STATEMENT OF NON-FINANCIAL PERFORMANCE Societal challenges
4.4 Societal challenges The Group’s subsidiaries offer leisure activities to the general public in the heart of high-traffic tourist areas in urban, peri-urban and regional environments.
It should be noted that, due to the nature of its business, combating food poverty has not been identified as a CSR risk for the Group. Therefore, no particular information has been published on this topic.
4.4.1 LONG-TERM CONTRIBUTION TO THE DEVELOPMENT AND APPEAL OF THE REGIONS CDA Group sites lie at the heart of regions in which they operate, maintaining very special relationships with local entities. CDA is the top, or main, employer in the local ecosystems which makes it a first-rate partner. 4.4.1.1 Gaining a better understanding of the Group’s socio-economic impact
The CDA subsidiaries in the area generate direct employment and many of the people employed are local seasonal workers. The subsidiaries also generate indirect employment through their own purchases and contributions to local authorities and this money passing into the local or regional economy. Through a specific study run by Utopies©, using the Local Footprint © methodology, we were able to quantify the multiplier effect of our activities based on the typology of our purchases, total payroll and contributions in the form of taxes, fees and levies. This exercise, initially based on 2016 data for six ski areas and Parc du Futuroscope and expanded to include Parc Astérix in 2019, highlights the economic impact of our activities and policies on the regions at different levels (Department, Region, Country).
Economic impact of 6 ski areas For example: In six ski areas in the Tarentaise valley in the Savoie region;
2016 survey
6 ski areas in Tarentaise
Payroll
€85m 1,295
Number of direct jobs
Job multipliers supported in France (1 direct support job x additional jobs in France)
X 4
Value creation (GDP) in France (direct and indirect) Percentage of purchases irrigating the French economy Percentage of purchases irrigating the region’s economy
€430m
73%
Auvergne-Rhône-Alpes 60%
l 1 direct job in one of our Tarentaise ski areas supports 1.6 additional jobs in Savoie, 2.8 in Auvergne-Rhône-Alpes (AURA) and 4 in France ; l these six companies pay €62 million in tax (various taxes, excluding VAT), local authority contributions (mainly through Public Service Concession contracts) and corporation tax. Note that 66% of this amount is paid to the region;
l 73% of their purchases are made in France . Specifically, they contribute to the local economic fabric by spending €34 million with 736 SMEs in Savoie and €49 million with around 1,200 SMEs in the Auvergne-Rhône-Alpes region.
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Compagnie des Alpes I 2021 Universal registration document
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