SPIE (EPA:SPIE) - SPIE - Press release - SPIE 2021 Investor Day - focus on ESG

Transparency directive : regulatory news

20/09/2021 08:30

Press release

                     SPIE 2021 Investor Day: Focus on ESG

* 70% of SPIE?s activities enable the energy transition
* Energy transition expected to support SPIE?s organic growth in the coming
  years
* EU taxonomy-aligned activities to account for c.50% of revenue in 2025 vs.
  41% in 2020
* Deepened internal CSR commitments for 2025

Cergy, September 20th, 2021 - SPIE, the independent European leader in
multi-technical services in the areas of energy and communications, is hosting
today at 2 pm CET its 2021 Investor Day, focused on ESG. During this event
specifically designed for investors and analysts, SPIE will outline how
sustainability is at the core of its business, a top internal priority, and
embedded in its governance.

SPIE's services enable the energy transition

As the whole electricity value chain must deeply and massively evolve to allow
the European Union 2030 climate targets to be achieved, SPIE, because of the
very nature of its services, is positioned de facto as an enabler of the energy
transition for its customers.

A pioneer in the implementation of the EU Taxonomy for sustainable activities,
with 41% of its 2020 revenue taxonomy-aligned, SPIE has looked beyond this
taxonomy framework to identify all of its activities that contribute to (i) the
shift to decarbonised electricity production, (ii) better energy efficiency of
buildings, cities and industries and (iii) the shift to a sustainable mobility.
Such activities, referred to as energy transition solutions, accounted for 70%
of the Group's 2020 revenue.

The energy transition is expected to support SPIE's organic growth in the
coming years

Most of SPIE's customers are stepping up their efforts and commitments towards
decarbonised energy, energy efficiency and sustainable mobility, translating
into a favourable market momentum for multi- technical services. In particular,
market growth is expected to accelerate, or remain high, in electricity
transmission & distribution, energy renovation, industry decarbonation,
renewable energy projects and electric mobility. Such trends will be compounded
by European stimulus plans(1) that aim at making Europe more sustainable, more
digital and more resilient.

(1) European stimulus plans themselves represent an additional organic growth
opportunity of +0.5% to +1.5% per year on average over their execution
period.

As a consequence, SPIE expects its organic growth to increase compared to
historical levels in the coming years. The Group's share of EU taxonomy-aligned
revenue is expected to increase to c. 50% in 2025(2), compared to 41% in
2020.

Deepened internal CSR commitments for 2025

SPIE has committed to set a carbon footprint science-based target through the
Science Based Targets initiative, in line with climate science. Earlier this
year, SPIE announced its objective to reduce greenhouse gas emissions from the
Group's operations (scopes 1 and 2) by 25% from a 2019 base year. Regarding
scope 3 emissions, which primarily results from procured goods and services,
SPIE announces today its objective to have, in 2025, 67% of its procurement
made with suppliers having set ambitious carbon footprint reduction targets.

Safety at work is and remains SPIE's top priority and the Group's safety
management policies place a particular focus on preventing severe accidents.
SPIE announces today its objective to halve the number of employee severe
accidents in 2025 (vs. 2019).

SPIE's diversity policy is also strengthened by the objective, announced
earlier this year, to add 25% more women to key management positions by 2025
(vs 2020) through internal promotion and recruitment.

Sustainability is embedded in SPIE's governance

Regine Stachelhaus, independent director and chair of the board of directors'
CSR and governance committee, will present on how SPIE's governance ensures a
consistent and efficient implementation of the Group's sustainability strategy.
This presentation will outline the clear CSR accountability that exists through
SPIE's organization, the inclusion of CSR criteria in senior management
compensation, and the Group's strong ethics and compliance.

The live event can be accessed via the following link:
https://www.spie2021-investor-day.fr/

(2) Based on the current EU taxonomy framework.

About SPIE

SPIE is the European independent leader in multi-technical services in the
fields of energy and communications. Our 45 500 employees are committed with
our customers to the success of the energy transition and digital
transformation.

In 2020, SPIE generated a consolidated production of 6,6 billion euros and a
consolidated EBITA of 339 million euros.

Press contacts

SPIE
Pascal Omnès
Group Communications Director
Tel. + 33 (0)1 34 41 81 11
pascal.omnes@spie.com

SPIE
Thomas Guillois
Investor Relations Director
Tel. + 33 (0)1 34 41 80 72
thomas.guillois@spie.com

IMAGE 7
Laurent Poinsot
Tel. + 33 (0)1 53 70 74 77
lpoinsot@image7.fr

www.spie.com
https://www.facebook.com/SPIEgroup
http://twitter.com/spiegroup

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03/11/2023 06:52

SPIE (EPA:SPIE) - SPIE - Press release - SPIE 2021 Investor Day - focus on ESG

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