Climate Strategy: Séché Environnement Aims to Reduce Emissions by One-Quarter by 2030

Rhea-AI Summary

On February 3, Séché Environnement announced a comprehensive decarbonisation strategy aligned with the Paris Agreement, targeting a 25% reduction in emissions by 2030. The Group aims for a 40% increase in avoided emissions for its customers by 2025 through enhanced recycling and low-carbon energy production. Key initiatives include optimizing waste incineration and boosting biogas capture. The company, a leader in waste treatment, reported nearly €675 million in turnover in 2020, emphasizing its commitment to environmental innovation.

Positive

• Targeting a 25% reduction in emissions by 2030.
• 40% increase in avoided emissions for customers by 2025.
• Leadership in the circular economy with unique recycling capabilities.

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• None.

CHANGÉ, France--(BUSINESS WIRE)-- Regulatory News:

On 3 February, Séché Environnement (Paris:SCHP), a leading player in the circular economy, announced an ambitious decarbonisation strategy in line with the Paris Agreement on the fight against climate disruption. Under the strategy, the Group is targeting a 25% reduction in its emissions by 2030 and aims to shrink the carbon footprint of its customers through a 40% increase in avoided emissions by 2025.

Since it was founded in 1985, Séché Environnement has rolled out initiatives to reduce its environmental impact and that of its customers. In 2022 the Group is stepping up its resolute commitment to an ambitious decarbonisation trajectory. To align with the Paris Agreement, aimed at limiting global warming to 1.5°C, the Group, with the support of the Carbone 4 design office, has built a decarbonisation strategy with the two following objectives:

Objective 1: reduce Group emissions by 25% by 2030

To reduce the carbon footprint directly linked to its activity, Séché Environnement is committed to reducing its direct CO₂ equivalent emissions by 10% by 2025 and a full 25% by 2030. To that end, Séché Environnement has identified some 60 actions in the following main areas: the decarbonisation of transport, optimised waste incineration and increased biogas capture. Séché Environnement aims to make its industrial sites a model in carbon impact reduction.

Objective 2: support the decarbonisation of its customers with an over 40% increase in avoided emissions by 2025

To shrink the carbon footprint of its customers, the Séché Environnement Group plans to increase its high value-added recycling activities and to increase the volume of low-carbon energy produced and recovered at its waste recovery facilities. By doing so, it expects to increase avoided emissions by over 40% for its customers by 2025.

Creation of a high value-added circular economy loop

By recovering used raw materials in products directly reusable by manufacturers, the Group is leading a circular economy approach and proposes adapted solutions to help its customers reduce their carbon footprint. For example, the Group is able to supply high value-added recycled material such as bromine. Séché Environnement is the sole recycler of bromine worldwide and intends to further boost production of the element. The carbon impact of a tonne of recycled bromine is over 20 times lower than that of the extraction process in the natural environment. The Group is also active in the supply of solvents recycled at its distillation facilities, the production capacity of which will be strengthened. The carbon impact of a recycled solvent is 80% lower than that of a new solvent.

Energy recovery from waste

Electricity, heat and biogas generated through waste recovery are low-carbon energies that enable Séché Environnement customers – business and local authorities alike – to reduce their use of fossil fuels. For example, at Salaise-sur-Sanne, Trédi, a Séché Environnement subsidiary specialised in hazardous waste management, is able to supply some 600,000 tonnes of steam to manufacturers at the Roussillon chemicals platform, equal to half of their energy needs. This energy will be used to limit the use of fossil fuels and greenhouse gas emissions to the tune of 180,000 tonnes of CO2 a year, equivalent to the emissions of a city of 23,000 inhabitants.

Maxime Séché, CEO of Séché Environnement “Right from its creation in 1985, Séché Environnement stood apart through its innovative and ambitious environmental strategies. The Group contributes directly to the protection of the environment and health by treating pollutants and greenhouse gases. The implementation of a decarbonisation strategy is entirely consistent with our previous commitments. Taking account of the specific characteristics of each of our industrial sites, the aim with the new plan is not simply to reduce our own emissions but to devise solutions to avoid the production of additional emissions by helping our customers to decarbonise, the common goal being to protect the most precious resource: our environment.”

About Séché Environnement

Séché Environnement is the leader in the treatment and recovery of all types of waste, including the most complex and hazardous, as well as decontamination operations to serve the environment and health. A French family-run industrial group, Séché Environnement has worked for over 35 years to the benefit of industrial and territorial ecology by using innovative technologies developed by its R&D resources. The Group implements its unique know-how locally and regionally through over 100 sites worldwide, of which 40 industrial sites in France. With over 6,000 employees, 2,000 of whom in France, Séché Environnement reported turnover of nearly €675 million in 2020, 25% of which internationally. This performance was driven by internal and external growth momentum underpinned by numerous acquisitions. Thanks to its expertise in the creation of circular economy loops, the treatment of pollutants and greenhouse gases, and the control of hazardousness, the Group contributes directly to the protection of life and biodiversity, to which it has been strongly committed since its creation.

Séché Environnement has been listed on Euronext’s Eurolist (compartment B) since 27 November 1997. The stock is eligible for equity savings funds dedicated to investing in SMEs and is listed in the CAC Mid&Small, EnterNext Tech 40 and EnterNext PEA-PME 150 indexes. ISIN: FR 0000039139 – Bloomberg: SCHP.FP – Reuters: CCHE.PA

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SÉCHÉ ENVIRONNEMENT

Press contact

Constance Descotes

Communications Director

c.descotes@groupe-seche.com

+33 (0)1 53 21 53 53

Investor relations

Manuel ANDERSEN

Head of Investor relations

m.andersen@groupe-seche.com

+33 (0)1 53 21 53 60

Source: Séché Environnement

FAQ

What is the emissions reduction target for Séché Environnement by 2030?

Séché Environnement aims for a 25% reduction in emissions by 2030.

How much does Séché Environnement plan to increase avoided emissions for its customers by 2025?

The company targets a 40% increase in avoided emissions for its customers by 2025.

What is the turnover reported by Séché Environnement in 2020?

Séché Environnement reported a turnover of nearly €675 million in 2020.

What innovative initiatives is Séché Environnement undertaking for decarbonisation?

The Group is focusing on optimising waste incineration, increasing biogas capture, and enhancing recycling activities.

How does Séché Environnement contribute to the circular economy?

The company leads in recycling, notably as the only global recycler of bromine and aims to further increase production.