SOMFY // 2022 Annual Report

03 NON-FINANCIAL STATEMENT

Originating in the foothills of the Alps, SOMFY has been aware of the challenges of global warming for a number of years. Its desire to combat greenhouse gas emissions was first demonstrated by the completion of a Bilan Carbone®, and then by the implementation of emission reduction targets by 2030. At the same time, SOMFY is developing solar protection automation solutions that take advantage of solar energy to optimise the energy efficiency of buildings, thus reducing its customers’ CO 2 emissions. SOMFY’s environmental policy is primarily focused oncombatting global warming. Three areas of action have beendefined for CO 2 : – minimise the carbon footprint of the company and its products; maximise avoided emissions, i.e. the energy savings made in buildings thanks to SOMFY systems; – – contribute to carbon sinks through reforestation projects. This action is currently under review as priority has been given to reducing the carbon footprint. Pending a roadmap, SOMFY invests on an ad hoc basis in carbon credits associated with reforestation and natural regeneration. While SOMFY is doing its share in combating global warming, the Group also focuses on other environmental challenges such as biodiversity and resource scarcity. Actions are carried out locally on the Group’s sites.

MINIMISING THE CARBON FOOTPRINT

FOCUSING ON CARBON TO REDUCE THE GROUP’S IMPACT

SOMFY conducted its first Bilan Carbone® for scopes 1, 2 and 3 based on 2019 data for the entire Group. This assessment was updated in 2022 on the basis of 2021 data and the main findings are detailed below. The main indicator guiding theGroup’s action plans is the breakdown of the Bilan Carbone® bymain emission sources.

SOMFY’s 2021 Bilan Carbone® totalled 1,349 kt CO 2 e, i.e. an increase of just under 3% compared to 2019, based on a product scope that grew by 20% in volume. To date, 93% of GHG emissions are related to the manufacture and use of SOMFY products (scope 3 indirect emissions) and 7% to the operations of the Group’s sites (scope 1, 2 and 3 emissions). The targets for reducing greenhousegas emissions by 2030 are as follows: reduce greenhouse gas emissions of scopes 1 and 2 in terms of absolute value by 50% in relation to 2019 levels (using market-based – calculations); reduce greenhouse gas emissions of scope 3 in termsof intensity by 50% (per number of actuators sold). – These targets have been validated by the Science Based Target initiative (https://sciencebasedtargets.org/),in line with a global warming trajectory of 1.5°C by 2100 for scopes 1 and 2.

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SOMFY – ANNUAL REPORT 2022