2024
Elis
Year
Sector
Services divers
ACT assessment methodology
Generic
Performance Score
Elis' business model is the rental and maintenance of equipment to professionals, an activity that seems to be integrated into a circular economy logic. Regarding its climate strategy, Elis has set an SBTi target for 2030, but unfortunately this does not cover downstream scope 3. In addition, the company has not set a long-term target to consolidate its strategy.
Regarding governance, the environmental issue is taken into account at the highest level, and the CSR director demonstrates competence related to the climate. In addition, Elis has set up an internal carbon price on scopes 1&2 + 3 upstream of energy, which guides decision-making. Finally, 12% of the CEO's remuneration is linked to the climate through the implementation of the decarbonisation plan and the reduction of gas consumption in European laundries.
However, the company could add a financial aspect to its action plan in order to give credibility to its feasibility. In addition, Elis could improve its climate strategy by asking its suppliers to take the climate issue seriously into account through the assessment of their emissions and the implementation of reduction targets aligned with science. It could also significantly increase the share of low-carbon CapEx, i.e. the share aligned with the European green taxonomy.
Regarding governance, the environmental issue is taken into account at the highest level, and the CSR director demonstrates competence related to the climate. In addition, Elis has set up an internal carbon price on scopes 1&2 + 3 upstream of energy, which guides decision-making. Finally, 12% of the CEO's remuneration is linked to the climate through the implementation of the decarbonisation plan and the reduction of gas consumption in European laundries.
However, the company could add a financial aspect to its action plan in order to give credibility to its feasibility. In addition, Elis could improve its climate strategy by asking its suppliers to take the climate issue seriously into account through the assessment of their emissions and the implementation of reduction targets aligned with science. It could also significantly increase the share of low-carbon CapEx, i.e. the share aligned with the European green taxonomy.
Narrative Score
Business model and strategy: Elis' activities include the repair, reuse and recycling of its leased products, all in a circular economy logic. In addition, the company declares 71% of revenues from low-carbon products and services in its CDP. However, the company lacks a long-term target to consolidate its strategy.
Consistency and credibility: The company has not set a long-term target, which raises doubts about the credibility of its decarbonization strategy. However, it had a target of reducing the intensity of its scopes 1&2 by 2025 that was achieved ahead of schedule. In addition, two national subsidiaries have net-zero targets, which the entire group does not have.
Data quality: The company has shared consistent data with each other, there are no signs of errors in the items reported, nor any consistency issues spotted. However, the group does not share precise data on its scope 3 in the GHG assessment for the years 2020 and 2021.
Reputation: The company does not appear to have been the focus of climate scandals, controversies or other incidents.
Risks: The company has a business model that incorporates several main principles of the circular economy. It provides solutions to a wide range of sectors including industry, although it is not directly dependent on high-carbon processes. It is dependent on hydrocarbons because of its deliveries, but it is implementing actions to decarbonise its fleet via electric vehicles and biofuel.
Consistency and credibility: The company has not set a long-term target, which raises doubts about the credibility of its decarbonization strategy. However, it had a target of reducing the intensity of its scopes 1&2 by 2025 that was achieved ahead of schedule. In addition, two national subsidiaries have net-zero targets, which the entire group does not have.
Data quality: The company has shared consistent data with each other, there are no signs of errors in the items reported, nor any consistency issues spotted. However, the group does not share precise data on its scope 3 in the GHG assessment for the years 2020 and 2021.
Reputation: The company does not appear to have been the focus of climate scandals, controversies or other incidents.
Risks: The company has a business model that incorporates several main principles of the circular economy. It provides solutions to a wide range of sectors including industry, although it is not directly dependent on high-carbon processes. It is dependent on hydrocarbons because of its deliveries, but it is implementing actions to decarbonise its fleet via electric vehicles and biofuel.
Trend score
Elis has seen its GHG emissions fall between 2023 and 2024, has improved the thermal efficiency of its European factories by 30% and has put in place many actions that could help continue this reduction in emissions. The company is well on its way to fully integrating into a low-carbon economy because the core of its business model is following the main principles of the circular economy.
However, the intermediate rating "=" was retained because Elis lacks a long-term target and an estimate of its future emissions, which does not allow us to say that it is perfectly equipped to achieve the reduction of its emissions in the long term.
However, the intermediate rating "=" was retained because Elis lacks a long-term target and an estimate of its future emissions, which does not allow us to say that it is perfectly equipped to achieve the reduction of its emissions in the long term.
Source
ACT Eval 2
Evaluator
CITEPA
GLOBAL SCORE
Performance score (/100)
57
Disclosure score (/100)
98
ℹ️
Narrative Score (A > E)
B
Trend Score (- = +)
=
Scores by module
#1 : best score in the sample
N/A% = module not applicable to the sectoral methodology
Target Score : 39%
Material Investment Score : 60%
Intangible Investment Score : N/A%
Sold Product Performance Score : 45%
Management Score : 86%
Supplier Engagement Score : 50%
Client Engagement Score : 74%
Policy Engagement Score : 49%
Business Model Score : 66%
Indicator weight by module