LIMITING THE ENVIRONMENTAL IMPACT OF PRODUCTS AND SERVICES

  MÉLANIE GUILLDOU MÉLANIE GUILLDOU
Executive Vice-President Foodservice and CSR,
Lagardère Travel Retail
Lagardère Travel Retail

 

 
       
       
   

Lagardère Travel Retail: first international assessment to reduce its environmental impact more quickly

Lagardère Travel Retail is committed to limiting its impact on the environment and reducing its greenhouse gas emissions is a central part of its strategy.

In 2021, we conducted our first carbon footprint assessment, spurred on by the Lagardère group and with the support of Carbone 4, a consulting firm specialising in decarbonisation and adapting to climate change. This exhaustive assessment-covering all three scopes (Scopes 1, 2 & 3), namely direct emissions, indirect emissions and all other emissions-was carried out in six countries representing three quarters of our operations in terms of value.

The results allowed us to work out our low-carbon trajectories in accordance with the principles of the Science Based Targets Initiative. We are now working on a detailed evaluation of our ability to reduce our impact, going beyond the measures already taken over a number of years to reduce our energy consumption.

As the vast majority (95%) of our emissions are indirect, this poses a huge challenge, but we are putting in place the governance and external partnerships needed to achieve our objectives.

In the course of 2022, we will announce how we intend to achieve these objectives and realise our ambition of playing a leading role in the Travel Retail industry's transition towards a more responsible model, and actively contributing to combating climate change.

www.lagardere-tr.com

  Lagardère Travel Retail: first international assessment to r
 

The group's values

Lagardère's values and corporate culture are founded on two pillars: its rich and varied history and the commitment of the people, past and present, who represent it.

The group's activities

Created in 1992, Lagardère is an international group with operations in more than 40 countries worldwide. It employs around 27,000 people and generated revenue of €5,130 million in 2021.
The Group is structured around two priority divisions.

 

Message from the Chairman and Chief Executive Officer

"The conversion of Lagardère SCA into a joint-stock company (société anonyme) with a Board of Directors in 2021 marked a new chapter in the Group's history. Our governance is now characterised by a calm and constructive relationship with our main shareholders, which reinforces the integrity and durability of our Group..."