Voltalia aims to be the first renewable energies producer and the second listed company to adopt a Mission-driven Company sta...
30 April 2021 - 7:30AM
Voltalia aims to be the first renewable energies producer and the
second listed company to adopt a Mission-driven Company status
Voltalia (Euronext Paris, ISIN code:
FR0011995588), an international player in renewable energies, aims
to become a Mission-driven company, in line with the French PACTE1
law. Voltalia will present a resolution at its next General Meeting
of Shareholders, the 19th of May, to amend its
bylaws.
"Voltalia has a positive impact, that amplifies
year after year. Having CSR2 objectives in Voltalia's
bylaws will allow to better achieve its Purpose: Improve the global
environment while fostering local development. Since the creation
of Voltalia, its teams have been determined to improve a world
threatened by global warming and to ensure that energy transition
benefits the human development in countries where Voltalia
operates. Our new status as a Mission-driven company, if our
shareholders decide so, will allow us to align our bylaws with the
daily action and culture of ‘Voltalians'” comments Sébastien Clerc,
CEO of Voltalia.
Voltalia has defined its
Purpose in 2014, written in its
bylaws in May 2020: improve the global environment fostering local
development. Since its creation 15 years ago, Voltalia has
been developing, building and operating renewable energy plants,
for itself and third-party customers in both the most developed
countries and emerging ones. Voltalia thus actively contributes to
the fight against climate change and local socio-economic
development:
- In 2020,
Voltalia's electricity production amounted to 2.8 terawatt-hours,
the equivalent of 3.8 million people consumption in energy. It
avoided the emission of 1,546 kilotons of CO2 into the atmosphere,
equivalent to all the smartphones used in France (more than 55
million).
- Voltalia
primarily targets regions of the world where renewable energies do
not need subsidies to locally produce affordable electricity. The
Group thus offers a unique profile with around 80% of its installed
capacity producing electricity at a competitive and non-subsidized
price. Through its activity of Services for its third-party
customers, Voltalia multiplies its positive impact by helping other
players to produce a renewable energy. Since its creation, Voltalia
has developed, built, and maintained for its customers a renewable
electricity capacity greater than the one retained by the
Group.
- In
addition to creating direct and indirect jobs and sustainable
infrastructure in the territories where it operates, Voltalia has
donated nearly two million euros since 2014 for the achievement of
86 solidarity actions and social projects in Brazil.
The company now wishes to align its
activity with its bylaws by including three
environmental and social objectives in connection with its Purpose.
Voltalia will pursue these objectives within the framework of its
activity within the meaning of Article L. 210-10 of the Code of
Commerce:
1) Act for the production of a renewable
energy accessible to the many, through a quality and
affordable green electricity and a direct contribution to the fight
against climate change;
2) Contribute with local population to
the sustainable development of our territories by building
long-term relationships with our local stakeholders;
3) Make the best out of the planet
resources in a sustainable way by maximizing the positive
impact of its activities on the environment, throughout our value
chain.
The PACTE law allows French companies that wish
so to define their Purpose to clarify their collective long-term
project. Combined with social and environmental objectives, this
Purpose becomes a “mission” and the company becomes a
Mission-driven company. The PACTE law requires a Mission Committee,
that will be formed soon to monitor the execution of the mission by
the company.
These social and environmental concerns have
been at the heart of Voltalia's sustainable growth model since its
creation and these objectives result from a process of dialogue
with Voltalia's teams and external stakeholders during
collaborative workshops.
The adoption of the Mission-driven Company
status shows Voltalia’s ambition to pursue its work for the
environment and local development, with the desire of a continuous
improvement of its practices.
By becoming the first company in its sector and
the second company listed on the regulated market of Euronext to
achieve the status of Mission-driven Company, Voltalia aims to show
to all companies that they can register a reality in their bylaws
that everyone can observe daily, which is the pursuit of objectives
that are not strictly economic, but also social and
environmental.
Next on the agenda: General
Meeting on May 19, 2021
About Voltalia
(www.voltalia.com) |
Voltalia is an international player in the renewable energy sector.
The Group produces and sells electricity generated from wind,
solar, hydraulic, biomass and storage facilities that it owns and
operates. Voltalia has generating capacity in operation and under
construction of more than 1.4 GW and a portfolio of projects under
development representing total capacity of 9.7 GW. Voltalia is also
a service provider and supports its investor clients in renewable
energy projects during all phases, from design to operation and
maintenance. As a pioneer in the corporate market, Voltalia
provides a global offer to private companies, ranging from the
supply of green electricity and energy efficiency services to the
local production of their own electricity. The Group has more than
1,130 employees and is present in 20 countries on 4 continents and
is able to act worldwide on behalf of its clients. Voltalia is
listed on the regulated market of Euronext Paris, compartment B
(FR0011995588 – VLTSA) and is part of the Enternext Tech 40 and CAC
Mid & Small indices. The Group is also included in the
Gaïa-Index, an index for socially responsible midcaps. |
VoltaliaInvestor Relations: invest@voltalia.comT. +33 (0)1 81 70 37
00 |
ActifinPress Contact: Jennifer Julliajjullia@actifin.fr
. T. +33 (0)1 56 88 11 11 |
1 The PACTE law (Action Plan for Business Growth and
Transformation), promulgated on May 22, 2019, allows French law
businesses who want to do so to acquire a “purpose” and to include
social and environmental objectives in their bylaws in order to
become a Mission-Driven company.2 CSR: Corporate Social
Responsibility
- 210430 - Mission_driven_company_VEN_Vdef
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