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La Française de l’Energie ranked # 1 in its category in the ESG 2020 Gaia Rating

3 February 2021

Pontpierre, France, February 3rd, 2021 – La Française de l’Énergie (Euronext: LFDE – ISIN: FR0013030152), a producer of energy with a negative carbon footprint, announces the improvement of its Gaïa rating which assesses ESG (Environmental, Social and Governance) performances, and now ranks first among companies under € 150 million in turnover, operating in the energy sector.

Gaïa Rating is the leading ESG rating agency for French mid-size listed companies. The rating of companies is carried out on more than 150 extra-financial criteria related to the environment, social and governance.

LFDE keeps improving its ESG performance

La Française de l’Energie has reached an overall rating of 62/100 and ranks # 1 among companies under €150 million in turnover, operating in the energy sector. LFDE also outperforms the average rating of the “conventional and renewable energies” category as well as the Gaïa panel made of 230 companies.

La Française de l’Énergie stands out for the significant improvement in its governance with a score of 92/100 as well as the quality of its Social Policy (86/100), its Environmental Policy and its impact on the Green House Gas (63/100), and its relationships with suppliers (83/100).

For the 4th year in a row, the Company has recorded an improvement in its Gaia rating. This confirms the fulfilment of La Française de l’Energie’s commitments on key subject matters such as the safety of its teams, its operations and its actions against climate change.

Julien Moulin, President of La Française de l’Énergie, declares: “ESG matters are the core of La Française de l’Energie’s commitment to reduce the carbon footprint of the territories where we operate and to promote local development. La Francaise de l’Energie is the only French energy company with a negative carbon footprint. We are therefore very proud that the Gaia ESG rating awarded by EthiFinance confirms our footprint and our position as a leader of sustainable development“.

Next announcement:

March 23, 2021 – Half-year results 2020/2021

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Promises won't impact
climate change.
Your local resources, will.

Climate change is an undeniable reality. We can already see its serious consequences for our planet. It is now urgent to act.

At FDE, we refuse to participate in initiatives that generate pollution beyond our borders, even if they reduce the carbon footprint of our local territories. Whether it is a question of carbon footprint or pollution, there are no limits.

It is our duty to build sustainable energy solutions that move towards global carbon neutrality. Today, the most resilient and sustainable energy solution is even more self-evident: it is imperative that energy remains local, within short supply chains, as close as possible to the needs of local communities and consumers.

Considering these, at FDE, we are taking actions and offering tailor-made, local multi-energy solutions.

By making the most of local resources, our offer enables us to provide territories with energies with a triple benefit: reduced carbon footprint, economically competitive and contributing to the socio-economic development of the area. We choose abandoned sites, make the most of the potential of local suppliers and service providers, and participate in a local center of expertise that involves universities, local authorities and associations in the local energy project.

FDE lacks neither the resources nor the know-how to deploy tailor-made energy solutions for everyone and for the planet.

Our engineers embrace the energy transition with a pragmatic view.

Recovering abandoned mine gas avoids fatal gas emissions into the atmosphere, while local coal gas reduces the need to import much more carbon-intensive gases. Abundant solar energy is both local and renewable.

To support the energy transition, at FDE, we are constantly innovating, looking for new solutions for the future, such as hydrogen, a decarbonized energy, or CO2 sequestration in coal.

In addition, all energy produced by our Group is designed to be more virtuous. All these processes therefore make FDE the only French energy producer with a negative carbon footprint.

HSE POLICY

In accordance with its values and code of ethics, and with the aim of pursuing the objective of:

  • Guarantee the integrity of our assets,
  • Ensure a safe and healthy working environment for its employees and subcontractors,
  • Guarantee the health and safety of all personnel working on and off-site,
  • Limit environmental impact.

 

FDE wishes to promote the following HSE principles:

Identify, prevent and control impacts and risks to health, safety, security and the environment,

Develop the company's activities in a sustainable and eco-responsible manner,

Improve the working environment for its employees and subcontractors.

Consequently, FDE undertakes to:

Ensure the rigorous application of regulatory procedures in force with respect to safety, health, environment and the preservation of public security,

Impose operational management with advanced criteria for environmental protection, pollution prevention and energy optimization, as part of the ecological transition,

Systematically verify compliance with HSE principles through audits and practical exercises, with the aim of continuously improving the system and its performance,

Define indices and performance indicators for monitoring HSE activities and promote benchmarking to identify areas for improvement,

Encourage employee participation and involvement in health, safety and environmental protection processes through training and creation of tools for sharing experience and knowledge.

This culture of risk prevention and control applies to all employees, partners and suppliers. It involves setting concrete objectives and deploying action plans as part of a continuous improvement process to better anticipate tomorrow's challenges. This policy is reviewed annually, as are the associated indicators and targets.

Antoine FORCINAL
Directeur Général,