Working every day to improve our extra-financial performance, we propose 19 priorities that we are committed to following over the medium-to-long term. They cover four key areas: governance, people, environment and societal.
THE VARIABLE EARNINGS OF OUR CORPORATE OFFICERS AND SUBSIDIARY AND GROUP MANAGERS WILL NOW DEPEND ON THE RESULTS ACHIEVED ON EACH PRIORITY.
Each priority converts into a quantified objective in our consolidated indicators, allowing everyone to follow progress on our extra-financial performance in detail. The chosen milestones of 2025 for the medium term and 2030 for the long term reflect the commitment of Thermador Groupe’s current management, through to the retirement of most of its members.
2022 and 2021 were years rich in progress on our extrafinancial achievements. In 2021, we completed our carbon footprint on all three Scopes and committed to the Global Compact. Through our responsible purchasing charter, we are encouraging our stakeholders to contribute to our sustainable development objectives. The Scope 3 objective has not yet been determined, as current practices differ; we will press on and hope to set our carbon trajectory during FY 2023.
According to Article 8 of Regulation (EU) 2020/852, “every extra-financial undertaking shall include in its consolidated extra-financial statement information on the manner and extent to which the undertaking’s activities are associated with economic activities that may be considered environmentally sustainable under Articles 3 and 9 of Regulation (EU) 2020/852.”
The application of this regulation translates into the following for Thermador Groupe:
- Publication of the share of turnover coming from products or services considered as sustainable: our activity as a distributor is not eligible according to the delegated acts on taxonomy that came into force on June 4, 2021, which leads us to consider a share of eligible turnover of 0% for the period. Some of the products we sell fulfil the criteria for substantial contribution from other eligible sectors and we have undertaken to assess them. The share of turnover is presented under the heading “green turnover”, which is an alternative indicator of taxonomy performance.
- Publication of the proportion of our capital expenditure related to assets considered sustainable: our real-estate company SCI Thely has capital expenditure (construction and renovation of buildings) eligible for taxonomy and represents 53% of Thermador Groupe’s CAPEX. The group’s other capital expenditure is not eligible for the current version of European taxonomy.
- Publication of the portion of our operating expenses that can be considered sustainable: expenses related to the maintenance and upkeep of the buildings are borne by the tenants, Thermador Groupe subsidiaries, but represent an insignificant amount compared to the other operating expenses. The group’s other expenses are not eligible for the current version of European taxonomy