Compagnies des Alpes // 2019 Universal Registration Document

4 STATEMENT OF NON FINANCIAL PERFORMANCE Environmental challenges

4.3 Environmental challenges The main objective of the Group’s subsidiaries is to develop and manage exceptional activity areas in order to o ff er memorable leisure experiences. As such, the Group considers the environment to be an intangible asset, particularly in the Ski areas, which are located in areas of outstanding natural beauty.

Energy, water and biodiversity are therefore three key environmental challenges for their business. A summary of the main environmental indicators is shown in section 4.3.6. CDA Group has made no particular provision and given no speci fi c

Currently, the Group has not set objectives for all the challenges because its organisation and policies are still largely decentralised in these areas. It is however currently examining an objective to reduce its greenhouse gas emissions, taking account of the fact that its main processes have already been electri fi ed and the key technical constraint is linked to the availability of low carbon traction systems for its vehicles (see §4.3.2). Each Group site is however required to reduce its direct environmental footprint and take advantage of its frequent interactions with suppliers and the general public to encourage them to take action. In the medium term they must also plan more eco-friendly leisure activities for a low-carbon world, maintain their economic and social impact on the local economy and play their part in the maintenance of vital shared assets. Organisation and dynamics of the Ski areas Each of the nine Ski areas has a QSE or sustainable development manager. They come together at a quarterly Committee meeting to share their experience and contemplate the di ff erent problems and solutions the Ski areas encounter concerning the sustainability of their activities. For several years now, all the Ski areas of the CDA Group have adopted the QSE procedure (Quality-Safety-Environment) aimed at establishing an Integrated Management System based on the Quality ISO 9001, Safety OHSAS 18001 and Environment ISO 14001 standards.

guarantee for environmental risk. NB: (see. 4.5.1 Reporting scope).

The Group’s environmental information is collected according to three pro fi les: Leisure parks (eight o ff ering outdoor activities), Ski areas (nine) and tertiary sites (three o ffi ces, one workshop and two museums o ff ering indoor activities). The fi gures are reported for three related areas: Leisure parks (eleven, eight of which o f fer outdoor activities, one workshop and two museums), Ski areas (nine) and Holding and Supports (three o ffi ces).

4.3.1 ORGANISATION AND PROCEDURES AT THE GROUP’S SITES

After a decade of certi fi cation (ISO 14001), and on the strength of very mature environment management systems, the Group’s Ski areas are now turning to complementary programmes with the aim of injecting broader dynamics, including at resort level. Environmental practices are now part and parcel of the sites’ quality systems and e ff ort is being directed towards new challenges relating to the sustainability of the model.

2016 Grand Massif Domaines Skiables (Morillon, Samoëns, Flaine, Les Carroz and Six-Fer-à-Cheval)

2019 Les Ménuires (Sevabel)

2015 Société des Téléphériques de la Grande Motte (STGM)

2016 Société des Téléphériques de Val d'Isère (STVI)

2018 Serre Chevalier Vallée (SCV)

Globe certi fi ed connected ski area. In 2014, it had already obtained ISO 50001 certi fi cation for energy management, a fi rst for a ski area. l In autumn 2016, Grand Massif Domaines Skiables, which connects fi ve ski resorts (Morillon, Samoëns, Flaine, Les Carroz and Sixt-Fer-à- Cheval), became the fi rst ski area with Green Globe certi fi cation, not only for all its ski lifts but also for its slopes and associated services. l In Q1 2018, Serre Chevalier Valley included Green Globe certi fi cation as part of its progress towards a sustainable model for all its ski area operation activities. l In December 2018, with the support of Sevabel, a Compagnie des Alpes subsidiary, Les Ménuires became the first French ski resort to join the POW Resort Alliance, run by the Protect Our Winter association.

l Green Globe initiative: four Ski areas have this certification, which means that 40% of its skier days in FY 2018/2019 took place at Green Globe certified sites. This international certi fi cation, speci fi c to the tourism sector, is based on 41 criteria relating to sustainable development. It acknowledges signi fi cant achievements but also encourages progress. Green Globe certi fi cation generally marks a new beginning and the start of a new stage for the teams. l In 2015, Société des Téléphériques de la Grande Motte (STGM) became the fi rst Green Globe certi fi ed ski lift operator in the world. l In 2016, Société des Téléphériques de Val-d’Isère (STVI) followed in its footsteps, with Tignes-Val-d’Isère becoming the fi rst Green

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Compagnie des Alpes I 2019 Universal registration document