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News

La Française de l’Energie continues to improve its Gaïa Research (ESG) rating

20 December 2021

Pontpierre, France, December 20th, 2021 – La Française de l’Énergie (Euronext: LFDE – ISIN: FR0013030152), a negative carbon energy producer, announces improvements to its Gaia Research rating, which assesses the ESG (Environmental, Social and Governance) performance of companies listed on European markets and keeps its leadership among SMEs in the energy sector.

Gaïa Rating is the benchmark rating agency for French mid-size listed companies. The ratings are based on more than 170 extra-financial criteria related to Environment, Social, Governance and External Stakeholders.

Ongoing improvement of the ESG performance of the Group

La Française de l’Energie achieves an overall rating of 65/100, significantly better than last year’s rating (62/100).

For the 5th consecutive year, the company has recorded an improvement of its Gaïa Research rating. La Française de l’Energie sets itself apart in particular with its social and governance policy.

This positive dynamic confirms the ongoing commitments of La Française de l’Energie on subjects such as improving governance or fighting against climate change.

Julien Moulin, President of La Française de l’Énergie, declares: “ESG issues are at the heart of La Française de l’Energie’s mission to reduce the carbon footprint of the territories where the company operates and thus promotes local development. La Francaise de l’Energie is the only French energy company with a negative carbon footprint, so we are proud that the ESG rating by Gaia Research of the EthiFinance group confirms our significant contribution and consolidates our leadership position in sustainable development “.

La Française de l’Energie confirms its objective of achieving annualized revenue of € 35 million and an EBITDA margin of over 45% by the end of 2022.

Next announcement:
S1 2021-2022 Sales –January 25th 2022

Documents

Press release

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,