Séché Environnement Achieves Remarkable ESG Credentials

Séché Environnement Earns Prestigious ESG Awards

Séché Environnement, a notable player in the circular economy and environmental services, recently received significant recognition for its commitment to non-financial performance. The company has been awarded a prestigious gold medal from EthiFinance, affirming its high standards in environmental, social, and governance practices.

Comprehensive Ratings for Non-Financial Performance

The assessment by EthiFinance, a leader in non-financial ratings, encompasses nearly 140 criteria filtered into four critical categories: Environment, Social, Governance, and the consideration of External Stakeholders. Each category evaluates transparency, the maturity of implemented policies, and efforts towards sustainable development.

This year, Séché Environnement obtained an impressive score of 72 out of 100 in the ESG performance evaluation, achieving a gold medal for the second consecutive year. This accolade showcases the company’s focus on sustainability and highlights its dedication to responsible business practices.

Recognition from Sustainalytics

In addition to EthiFinance's commendation, Séché Environnement has also received accolades from Sustainalytics, an organization specializing in ESG research and analysis. They assigned Séché Environnement a Low ESG Risk Rating of 19.7, indicating a minimal risk for substantial financial impacts stemming from ESG factors. This rating evaluates the company’s exposure to material ESG risks relevant to its sector while considering the effectiveness of its risk management practices.

Commitment to Sustainable Development

Furthermore, the Group’s non-financial initiatives have gained affirmation with a Second Party Opinion from S&P regarding its revised Sustainability-Linked Financing Framework. The opinion highlighted the robustness of Séché Environnement’s sustainability goals, particularly in terms of reducing greenhouse gas emissions and minimizing freshwater withdrawal.

Maxime Séché on Sustainability Focus

Maxime Séché, the Chief Executive Officer of Séché Environnement, expressed pride in the company’s achievements, stating, "These non-financial assessments reflect our Group's commitment to integrating sustainability issues within our business operations. Currently, 68% of our revenue declared as of mid-2024 is classified as sustainable based on EU taxonomy guidelines. We position environmental responsibility as central to our strategy, ensuring that we meet future challenges and assist our clientele in transitioning towards a more responsible and resource-conscious circular economy."

About Séché Environnement

Séché Environnement has established itself as a crucial figure in the waste management sector, effectively handling both complex and hazardous waste while providing environmental services during emergencies. The company utilizes its expertise in creating circular economy loops, supporting decarbonization, and ensuring risk management, thereby contributing to the ecological transition of industries over nearly 40 years.

This family-owned French industrial group operates on over 120 sites across 16 countries, deploying advanced technologies cultivated by its R&D department. With a workforce of more than 6,100, including about 2,900 in France, Séché Environnement generated impressive revenue of €1,013.5 million, with 26% stemming from international endeavors in the recent fiscal year.

Having been listed on Euronext (compartment B) since November 27, 1997, Séché Environnement features in several significant indexes, including CAC Mid&Small, EnterNext Tech 40, and EnterNext PEA-PME 150. ISIN: FR 0000039139 – Bloomberg: SCHP.FP – Reuters: CCHE.PA

Frequently Asked Questions

What awards has Séché Environnement received?

Séché Environnement recently received a gold medal from EthiFinance for its non-financial performance, along with a Low ESG Risk Rating from Sustainalytics.

How does EthiFinance assess ESG performance?

EthiFinance evaluates ESG performance based on 140 criteria across categories such as Environment, Social, Governance, and External Stakeholders, focusing on transparency and sustainable development efforts.

What commitment has Séché Environnement made towards sustainability?

The company aims to enhance sustainability by ensuring 68% of its revenue is considered sustainable and prioritizes reducing greenhouse gas emissions and freshwater withdrawal.

What is the significance of the ESG ratings for Séché Environnement?

The ratings affirm Séché Environnement's commitment to sustainability and responsible governance, highlighting low financial risks associated with ESG factors.

How long has Séché Environnement been operating?

Séché Environnement has been a key player in the waste management and environmental services sector for nearly 40 years, contributing significantly to ecological transitions.

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