Schréder - Sustainability Report 2022

Planet

1. Our footprint As a manufacturing company, we use the planet’s resources in our operations and distribution activities. We use energy and raw materials to develop and assemble our products, and we also use logistic services in our supply chain. Furthermore, our products consume electricity during their lifetime, which despite the technological advances of LED technology, still represents 97% of our total environmental impact according to the Greenhouse Gas (GHG) protocol. At Schréder, we are committed to playing a key role in protecting the environment by reducing the impact of our manufacturing activities, products and services. We do this by reducing our own material and energy consumption, and by helping our customers reduce their footprint through the use of the latest technologies in our luminaires. Nothing demonstrates our engagement better than our commitment to set near-term company-wide emission reduction targets with the Science Based Targets initiative (SBTi) from 2023. Today, we are in the target development phase and we are planning to disclose our specific actions before the end of 2023.

1.1. Our operations Reducing the greenhouse gas (GHG) emissions associated with our operations is one of the objectives of the “Together for our Planet” pillar of our “Together for our Future” strategy. In 2020, we committed to reducing our carbon footprint per lumen sold by 20% by 2022, compared to the 2018 baseline. This target was exceeded as at the end of 2022 we reported a 33% reduction in our carbon footprint per lumen sold compared to the 2018 baseline. The GHG emissions coming from our operations in 2022 were reduced to 6.8 tCO₂e/Mlum (122,337 tCO₂e for 17,991 Mlum). This achievement is a combination of higher total lumen output, resulting from an increase in the number of high flux luminaires sold (IZYLUM size 3-4, AVENTO 2), and contained absolute emissions. This shows that we are on the right track, as the efficiency of our luminaires continues to improve over the years. This has been made possible mainly by the following actions: Reducing our raw material consumption by reviewing our product design to increase material efficiency; Optimising the supply chain flow between our factories and our sales entities in Europe; Supporting alternative commuting ways for our employees (public transport, cycling, etc); Increasing use of green energy in our manufacturing facilities.

Annual footprint By sources of GHG emissions

15%

2022

72%

4%

9%

Product Materials Logistics Mobility Infrastructure

Annual footprint

12 10

2022 target

8 6 4 2 0

2018 2019 2020 2021 2022

19

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