Mane // 2021 CSR Report

Introduction

Chapter 1

Chapter 2

Chapter 3

Chapter 4

Chapter 5

Appendices

IDENTIFY, ASSESS AND MANAGE CLIMATE RISKS

REDUCE THE ENERGY INTENSITY OF THE GROUP’S ACTIVITIES

ENERGY CONSUMPTION (IN GIGAJOULES PER TONNE OF PRODUCT)

8.3

Today, managing the risks related to climate change is essential, both to identify and assess all types of climate risks and to adapt to the consequences of climate change. Climate risk management is integrated into our general non-financial risk analysis and management system (1) . In terms of methodology, we followed the recommendations of the TCFD (Task Force on Climate-related Financial Disclosures) to communicate these risks in a transparent manner in our report. We have developed a climate risk analysis process covering both our production sites and our raw material suppliers. The aim is to identify the Group’s most exposed activities. For this, we use the following indices: ■ World Risk Index (WRI) of the United Nations Institute for the Environment and Human Security (UNU-EHS); and ■ Global Climate Risk Index (CRI) of the NGO Germanwatch. The analysis shows that four of our industrial sites, all of which are in Indonesia and India, are exposed to a high risk of natural disasters caused by climate hazards. Upstream of our production activities, our suppliers of essential oils of mint in India and vanilla in Madagascar are also exposed to risks related to climate change. To counter the risks weighing on the activity of our production sites, we prepared a Business Continuity Plan (BCP). Thanks to the BCP, the Group prepares the organisation of its business in the event of a crisis (lack of supply of raw materials, power cuts, property damage caused by climatic events of exceptional intensity) and implements mitigation strategies that make it possible to minimise, as far as possible, the impact of these threats. A plan to secure ingredients has also been put in place by the Purchasing Department. It is mainly at the agricultural level that the impact of climate risks can be significant on our raw material supply chains (supply disruption, low yield, rise in the cost of raw materials). The due consideration of climate risks is also integrated into our supplier CSR monitoring process. In addition to the criteria related to compliance with human rights and labour standards, the CSR evaluation of our suppliers covers their environmental management (management of water, waste, energy and carbon emissions).

We strive to integrate the best available techniques in order to implement less energy-intensive industrial processes on our sites. Due to the extraction processes carried out there, our production sites in France (Bar-sur-Loup and Quéven) and India (Angamaly) account for 48% of the Group’s total energy consumption. It is therefore as a priority on these sites that we have opted for the implementation of an ISO 50001 certified energy management system. The ISO 50001 standard is a verifiable tool to help manage energy performance through: ■ a review of the main energy expenditure items, or significant uses; ■ the implementation of Energy Performance Indicators (EPI); ■ data collection and analysis through energy audits; ■ the involvement of all employees; ■ the development of an energy policy; ■ the establishment of specific objectives; ■ the evaluation of the results obtained with a view to continuous improvement. This approach has proven to be effective since our industrial site in Bar sur-Loup (France) has reduced its energy consumption per tonne of product by 20% since its ISO 50001 certification in 2015.

2018

8.2

2020

7.7

2021

6.3

2030

2030 TARGET

Indicators verified by the independent third-party organisation to provide reasonable assurance.

Energy consumption (in GJ)

2021

2018

2020

Natural gas

327,341 346,637 348,516

Electricity

318,804 331,068 344,777

Self-generated energy

55,783

91,865 122,363

Fuel oil

13,059 12,604 16,044

-30% ENERGY CONSUMPTION PER TONNE SINCE 2009

TOTAL

714,986 782,174 831,700

At Group level, all our industrial sites have been making efforts to reduce their consumption for several years, resulting in a 30% reduction in our energy intensity compared to 2009. We have therefore achieved and exceeded our initial target of a 20% reduction from 2009 to 2021. As part of our new roadmap for 2030, we set a target of reducing our energy consumption per tonne of product by 25% compared to 2018.

(1) See chapter entitled “Non-financial risks” of this report.

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2021 CSR REPORT ◆