Carbon and extra-financial assessments

Voluntary evaluations
that value a young company committed to low carbon

In 2020, to identify its main sources of greenhouse gas emissions, Hoffmann Green conducted a Bilan carbone® on 2019 data as well as an ACT - Assessing low Carbon Transition® assessment, developed by ADEME, to obtain an evaluation of the company's strategy through the prism of the requirements of a low-carbon world.

Carbon footprint ® scope 3 1

In 2020, in order to identify its main sources of greenhouse gas emissions, Hoffmann Green carried out a Carbon Footprint® on the 2019 data, integrating a scope including direct emissions (scope 1), indirect emissions related to energy consumption (scope 2), and emissions induced by the company's activity (scope 3): fixed assets, inputs, purchase of raw materials, services or other products, employee travel, upstream and downstream transport of goods.
This carbon balance®, for all three scopes, provides a global view of the company's carbon footprint.

  • Carbon assessment® carried out by EVEA ( www.evea-conseil.com) in June 2020 based on 2019 data.

Bilan Carbone® Scope 1,2,3 (in tons of CO2 equivalent) and breakdown of emissions

Greenhouse gas emissions related to the activity in 2019 amount to 2.4 kT eq CO2.

As a comparison, the carbon efficiency of a traditional cement manufacturer is greater than 500 kg CO2/t (scope 1 and 2).
The lack of transparency of the other players in the sector on this scope 3 perimeter does not allow comparison.
Near the ¾ emissions are generated by the first plant located in Bournezeau. Production purchases (materials - products) represent 55% of the GHG emissions related to inputs. As for any industrial innovation, initial investments weigh on the model through capitalization. Thus, machines represent 68% of the GHG emissions of this item, i.e. 14% of the total emissions of the activity.

2368.57
Scope 3
25.95
Scope 2
19.29
Scope 1
(in tons of CO2 equivalent)
Energy
2%
Non energy
1%
Deplacements
4%
Freight
14%
Inputs
57%
Immobilization
22%
Waste
1%

ACT Evaluation - Assessing low Carbon Transition®

The ACT - Assessing low Carbon Transition® initiative was developed by ADEME and the CDP (Carbon Disclosure Project) to assess the climate strategies of companies, whatever their size or markets, and confront them with the requirements of a low-carbon world. In 2020, Hoffmann Green volunteered to take part in an experiment conducted on the cement market.
A high score in the ACT benchmark. The average of cement companies participating in the ACT experiment in 2020 in France was 9B+.
The analysis highlights the positive aspect, in the low carbon contribution, of Hoffmann cements without clinker. The score also highlights the integration of climate change issues into the management system and customer engagement.

13A+
According to the evaluation report :
The company has already addressed the major changes in the business model to be compatible with the low-carbon transition. The performance score is not higher due to the lack of formalization of a transition plan and emission reduction targets. However, the company is on the right track to improve its score and needs to formalize its strategy while increasing production.

Extra-financial ratings 2020

In order to evaluate its business and strategy through the prism of ESG criteria, the company requested two independent extra-financial evaluations in 2020.

Gaïa Ethifinance

54

An increase of 3 points compared to the previous assessment on the 2018 data. This rating places Hoffmann Green 131st in the Gaïa Rating's ESG 230 panel and 23rd among the 78 companies in the panel with revenues of less than €150 million.

Results of the Gaïa Rating 2020 campaign
Overall ranking : 131/230
Classification within the category of turnover < 150 million euros : 23/78

Sustainalytics

20,8

The rating corresponds to the low value of a medium risk (rating between 20 and 30). Hoffmann Green thus appears in 3rd position out of 115 companies producing building materials.

ESG Risk rating
Neg
6-10
Low
6-20
Med
20-30
High
30-40
Severe
40+