RUBIS - 2019 Universal Registration Document

4 CSR AND NON-FINANCIAL INFORMATION - Limiting our environmental impact and operating in a safe environment

SARA INVESTS IN THE FUTURE For 50 years, the Société Anonyme de la Raffinerie des Antilles (SARA) has been producing and storing automotive and heating fuels for Martinique, Guadeloupe and French Guiana. This essential and committed player employs more than 700 full-time staff, including 320 SARA employees and 380 subcontractors, and represents 10 to 15% of the territories’ GDP. Since 2016, major investments have been made to continue to ensure the refinery’s main missions (energy independence and the creation of skilled local jobs) and to be part of the energy transition.

SARA is thus driving highly innovative projects that meet the expectations of the 3 territories (the development of local partnerships, societal responsibility and creation of skilled local jobs that cannot be relocated) and that have a positive impact on its carbon emissions, including: • renewable electricity production in Martinique with 2 major projects: > the development in 2018 of the largest photovoltaic power plant in Martinique with generation capacity of 5 MWp of green electricity, > the commissioning in 2019 of a fuel cell using green hydrogen from the refining process, with generation capacity of 1 MW of electricity, a world first; • a sustainable development project in 2020: > production of industrial water from saltwater desalination and the recycling of purified discharges in order to reduce SARA’s use of drinking water and reduce its footprint on the network. In order to perpetuate this tool over the next few decades, a major refurbishment called “Arrêt métal 2020” (metal shutdown 2020) is scheduled for 2020 at a total cost of €55 million. In addition to guaranteeing the energy independence of the French Antilles and maintaining local jobs, this initiative is an opportunity to make major changes to best support the energy transition and improve the energy performance of this industrial facility. In 2019, €36 million of investments have already been made, some directly related to the refinery’s “core business” and others to reduce CO 2 emissions. As proof of its adaptability, since 2019 the bunkering produced for vessels has complied with the new International Maritime Organization (IMO 2020) regulations, which have required very low-sulfur fuels since January 1, 2020. These investments will also have a direct impact on reducing the refinery’s emissions, i.e. 4.6% of carbon emissions avoided. All “core business” projects and development projects as part of the energy transition have enabled SARA to reduce its emissions by 12% since 2015. SARA wants to continue its efforts to significantly reduce its carbon emissions by 2035.

Philippe Guy Chief Executive Officer SARA

ENERGY EFFICIENCY OF GROUP SITES

replaced by heat pumps or mixed systems (heat pumps and boiler) or, local conditions permitting, by greener heating systems (geothermal for instance). The Rubis Énergie refinery (SARA) is also due to install a new boiler during the major shutdown scheduled for 2020, which will enable a 15% reduction in its emissions compared to the current boiler.

emissions other than greenhouse gases, some of the measures described below are also aimed at reducing the pollutant emissions discussed in section 4.2.2.2.

The Group makes significant efforts on a daily basis to reduce energy consumption in its industrial activities, optimize operating costs and reduce the climate change impact of its activities. Particular attention is paid to the most energy-intensive industrial sites. As energy consumption also results in air

Reduced energy consumption of heating systems

As part of modernization programs, the boilers at Rubis Terminal sites are being

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