La Fran?aise de l’Energie (FDE) Continues to Improve its Ga?a Research (ESG) Rating Business WireLa Fran?aise de l’Energie (FDE) Continues to Improve its Ga?a Research (ESG) Rating Business Wire
Impact Investing Forum 2023
London. May 04-05, 2023.
PONTPIERRE, France–(BUSINESS WIRE)–Regulatory News:
La Fran?aise de l’?nergie (Paris:LFDE) (Euronext: LFDE – ISIN: FR0013030152), a negative carbon energy producer, announces improvements to its Gaia Research rating, which assesses the ESG (Environmental, Social and Governance) performance of companies listed on European markets and keeps its leadership among SMEs in the energy sector.
Ga?a Rating is the benchmark rating agency for French mid-size listed companies. The ratings are based on more than 170 extra-financial criteria related to Environment, Social, Governance and External Stakeholders.
Ongoing improvement of the ESG performance of the Group
La Fran?aise de l’Energie achieves an overall rating of 65/100, significantly better than last year’s rating (62/100).
For the 5th consecutive year, the company has recorded an improvement of its Ga?a Research rating. La Fran?aise de l’Energie sets itself apart in particular with its social and governance policy.
This positive dynamic confirms the ongoing commitments of La Fran?aise de l’Energie on subjects such as improving governance or fighting against climate change.
Julien Moulin, President of La Fran?aise de l’?nergie, declares: “ESG issues are at the heart of La Fran?aise de l’Energie’s mission to reduce the carbon footprint of the territories where the company operates and thus promotes local development. La Francaise de l’Energie is the only French energy company with a negative carbon footprint, so we are proud that the ESG rating by Gaia Research of the EthiFinance group confirms our significant contribution and consolidates our leadership position in sustainable development “.
La Fran?aise de l’Energie confirms its objective of achieving annualized revenue of EUR 35 million and an EBITDA margin of over 45% by the end of 2022.
S1 2021-2022 Sales -January 25th 2022
Reuters code: LFDE.PA
Bloomberg code: LFDE.FP
About La Fran?aise de l’?nergie
La Fran?aise de l’Energie is negative carbon energy producer, specializing setting up decentralized energy production sites. La Fran?aise de l’Energie supplies gas, green electricity and heat to regional players, thus replacing imported energy with local, cleaner energy. La Fran?aise de l’?nergie has strong development potential and aims to become a benchmark independent player in the energy sector in Europe. The company benefits from the innovative company label awarded by Bpifrance.
More information available on www.francaisedelenergie.fr
About Ga?a Research
Ga?a Research is a rating and research provider dedicated to rating ESG performances of companies listed on European Stock exchanges. Gaia Research is owned by EthiFinance, part of Groupe Qivalio.
This press release contains certain forward – looking statements and estimates concerning LFDE’s financial condition, operating results, strategy, projects and future performance and the markets in which it operates. Such forward-looking statements and estimates may be identified by words such as “anticipate,” “believe,” “can,” “could,” “estimate,” “expect,” “intend,” “is designed to,” “may,” “might,” “plan,” “potential,” “predict,” “objective,” “should,” or the negative of these and similar expressions. They incorporate all topics that are not historical facts. Forward looking statements, forecasts and estimates are based on management’s current assumptions and assessment of risks, uncertainties and other factors, known and unknown, which were deemed to be reasonable at the time they were made but which may turn out to be incorrect. Events and outcomes are difficult to predict and depend on factors beyond the company’s control. Consequently, the actual results, financial condition, performances and/or achievements of LFDE or of the industry may turn out to differ materially from the future results, performances or achievements expressed or implied by these statements, forecasts and estimates. Owing to these uncertainties, no representation is made as to the correctness or fairness of these forward-looking statements, forecasts and estimates. Furthermore, forward-looking statements, forecasts and estimates speak only as of the date on which they are made, and LFDE undertakes no obligation to update or revise any of them, whether as a result of new information, future events or otherwise, except as required by law.