COGELEC (EPA:COGEC) - Cogelec : COGELEC's first extra-financial rating. Overall rating of 56/100 awarded by EthiFinance. "Advanced" performance level on the ESG maturity scale.

Transparency directive : regulatory news

18/03/2021 17:45

PRESS RELEASE

                    COGELEC's first extra-financial rating
               - Overall rating of 56/100 awarded by EthiFinance
           - "Advanced" performance level on the ESG maturity scale

Mortagne-sur-Sèvre, France, 18 March 2021, COGELEC (ISIN: FR0013335742/symbol:
ALLEC), the French leader in access control for collective housing, announced
today the initiation of an extra-financial rating by Gaïa Rating, a subsidiary
of EthiFinance and a major player in ESG (environmental, social and governance)
ratings for listed French intermediate-sized enterprises (ETIs).

After an audit campaign on the data collected by COGELEC in 2019, the overall
rating of 56/100 was awarded to the French leader in access control for
collective housing.
This rating corresponds to an ESG maturity level higher than the peer companies
used in the benchmark(1).

                          COGELEC   BENCHMARK

Governance                   56        32

Social                       65        40

Environment                  51        34

External Stakeholders        58        34

On the four main CSR themes, COGELEC's ratings are all above the average of the
companies included in the benchmark panel, given the numerous initiatives
already carried out within COGELEC to meet CSR requirements. The following
points are particularly noteworthy:

- Governance: Founded by six shareholder employees, COGELEC's governance was
structured with the establishment in 2018 of a Board of Directors involving
independent shareholders to support the Group's growth in France and
internationally.

- Social: With a view to retaining employees and optimising working conditions,
COGELEC launched various QWL measures, and is particularly attentive to the
development of employee skills to support its innovation drive.

- Environment: The Group attaches vital importance to the best maintenance
practices to combat obsolescence. Its R&D policy notably focuses on reducing
consumption of materials, managing and reducing waste, with ongoing efforts to
reduce the environmental footprint of its products.

- External stakeholders: The Group prioritises local procurement and has
developed a close relationship and partnership with its suppliers and
subcontractors. It focuses its development on quality and secure products,
while taking into account the changing demands and needs of its customers.

Areas for improvement that can be quickly achieved have been identified for the
coming financial years, and notably involve setting up a dedicated body of
reference to oversee the various extra- financial performance criteria within
the Group. This measure, along with the formalisation of initiatives in the
various areas, will help to build a coherent framework around the many
initiatives already carried out within the Group and to roll out a strategic
extra-financial vision.

On this occasion, Roger Leclerc, Chairman and Founder of COGELEC comments: "We
are proud of this first rating which places COGELEC among the companies in its
sector most committed to a permanent improvement and innovation approach to
meet CSR challenges. This first step encourages us to strengthen the
initiatives carried out within the Group in the coming years and to further
integrate these issues into our growth and development strategy."

Since 2009, Gaïa Rating has conducted an annual data collection campaign
covering most listed French SMEs and ETIs. Based on this information, companies
are rated on their level of transparency and performance. Ratings are
established according to 149 criteria (economic, governance, human capital,
environment and stakeholders) and used by leading asset management companies in
their management process and investment decisions. Since its creation, this
index has outperformed the CAC 40 and the CAC Mid & Small each year.

                             Next publication
    2020 annual results & Q1 turnover: 21 April 2021, after market close

Contacts
Cogelec
Véronique Pochet
Chief Financial Officer
+33 (0)2 72 67 00 91
investors@cogelec.fr

Actifin
Ghislaine Gasparetto
Financial communications
+33 (0)1 56 88 11 22
ggasparetto@actifin.fr

Actifin
Jennifer Jullia
Financial press relations
+33 (0)1 56 88 11 19
jjullia@actifin.fr

About COGELEC

COGELEC is the French leader in access control for community housing. In 2007,
COGELEC created the first global subscription wireless intercom offer under the
Intratone brand.
COGELEC has subscriptions for more than 1 million homes out of a total of 15.4
million potential housing units to be fitted in France. With an international
presence, COGELEC also offers its solutions in Germany, the United Kingdom, the
Netherlands, Belgium and Luxembourg.
Based on an indirect distribution model coupled with a very strong close
relationship with end customers (social estates and trade unions), COGELEC
recorded turnover of EUR40.4 million in 2020. COGELEC is listed on Euronext
Growth Paris and is part of the Growth AllShare, Tech Croissance and PEA-PME
150 indices.
For more information: www.cogelec.fr

(1) Industry-Capital Goods and Industrial Products sector. Size < 500
employees.

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14/03/2024 17:45

COGELEC (EPA:COGEC) - Cogelec : COGELEC's first extra-financial rating. Overall rating of 56/100 awarded by EthiFinance. &quot;Advanced&quot; performance level on the ESG maturity scale.

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COGELEC (EPA:COGEC) - Cogelec : COGELEC's first extra-financial rating. Overall rating of 56/100 awarded by EthiFinance. "Advanced" performance level on the ESG maturity scale.