An ambitious CSR roadmap

This decade will be decisive for the future of our society and our economy. The climate crisis calls for a rapid global transformation, with an energy transition and a digital revolution that must be synonymous with sustainable progress for each and every citizen. Thanks to the very nature of its business, SPIE is decidedly part of the solution to rise to the challenges of the energy transition and a sustainable digital transformation. And to go even further, the Group has made ambitious commitments with regard to corporate social responsibility (CSR), incorporated into a roadmap drawn up following discussions with its stakeholders.

Listening to our stakeholders

In order to address current and future transformations with a sustainable strategic vision, SPIE has implemented a structured approach to listening to its stakeholders. The aim is to be in tune with their expectations while also identifying and understanding social, environmental and economic changes.

In 2020, the Group surveyed its stakeholders to define the priority issues for the following three years. The results allowed the Group to draw up a "materiality matrix".

SPIE then used this materiality matrix to develop its CSR roadmap. The roadmap is based on four ambitious objectives, backed by specific commitments.

Objective 1: to contribute to a low-carbon economy

As a trailblazer in the application of the EU taxonomy for sustainable activities, the Group has calculated the green share of its turnover using this methodology since 2019. In 2023, 48% of its business made a significant contribution to climate change mitigation, a high proportion compared with all listed EU companies. SPIE has also set itself the goal of further increasing this green share by reaching 50% of its turnover by 2025.

The Group will rely on three levers to achieve this:

  • A favourable market dynamic for green activities, driven by national stimulus plans and the European Green Deal.
  • The high expectations of its customers, who are stepping up their CSR efforts and commitments in support of a low-carbon economy.
  • Increased awareness among its employees of the performance criteria of the EU taxonomy and the added value of its green solutions.

Increase the Green Share of revenue from each Group business

Objective 2: to reduce SPIE's carbon footprint

As a service company, SPIE's greenhouse gas emissions are limited—19 grams of CO2 per euro of turnover—and come mainly from its vehicle fleet.

The Group is committed to reducing its carbon footprint by 25% by 2025 compared with 2019 (scopes 1 and 2). This target was developed using the scenario of the global Science Based Targets initiative, limiting temperature rises to 1.5°C. It has been validated by a third-party expert commissioned by the SBTi to ensure its reliability and credibility.

Convert 1/3 of SPIE's vehicle fleet to electric

The same determination when it comes to emissions resulting from its purchases of products and services (scope 3): by 2025, SPIE plans to source 67% of its purchases from suppliers who have set ambitious targets for reducing their carbon footprint. With this in mind, the Group has initiated discussions with its suppliers to find out about their CO2 commitments and their products and services with lower emissions.

Objective 3: to strive for excellence in terms of safety

Occupational health and safety remains SPIE's top priority and responsibility to its 45,000 employees. SPIE has set itself the target of reducing the number of serious lost-time injuries by 50% by 2025. To achieve this goal, it is taking action in four areas: prevention, skills development, leadership and subcontractor relations.

Objective 4: to increase the number of women in management

SPIE is committed to increasing the proportion of women in key management positions by 25% by 2025 compared with 2020. This objective will be achieved through internal promotion and recruitment. The So'SPIE Ladies internal diversity awareness network, which operates in each country, supports some of the levers used, such as raising awareness of unconscious biases, networking and mentoring. Gender diversity is now also a requirement for any recruitment shortlist for key management positions. SPIE ensures that internal training and development programmes include sufficient numbers of women to encourage internal promotion. Lastly, numerous initiatives are carried out in our subsidiaries to raise awareness among young women of our businesses supporting the energy transition and the digital transformation.

Sustainable purchasing

SPIE's sustainable purchasing policy has been part of the Group's roadmap for several years and is now at the heart of its strategy.

More about sustainable purchasing at SPIE