CSR Strategy

Promoting collective commitment in five areas

The CSR strategy implemented by the LISI Group encourages collective and individual commitment to progress in all its forms.
To achieve this objective, it is deployed in 5 key areas: protect our employees and attain excellence in occupational health and safety, preserve our environment, retain talents and strengthen the appeal of our business lines, go beyong our customers’ expectations and finally involve our suppliers in a responsible supply chain. For each of these areas, the LISI Group has set short-term (2020/2021), medium (2023) and long-term (2030) objectives.

Gaïa Index: LISI is once again recognized for its CSR strategy

Created in 2009, the Gaïa Index assesses the environmental, social and governance performance of companies every year in order to guide responsible investors in their investment decisions. With an overall score of 82/100, the LISI Group ourperforms in particular for the quality of its CSR policy and its social policy, its relations with suppliers and its environmental approach in the "water, air, soil and waste" category; categories in which it obtained a score of 100/100. LISI's overall ESG score has been steadily improving over the past three years. LISI is ranked 15th/78 in the industry sector.

A 5-fold CSR strategy and targets by 2030

AREA #1: Protect our employees & attain excellence in occupational health and safety

2021 / Objectives

Consolidated TF1* less than 8.
Compliance of the machine fleet. Target: no direct risk by the end of 2022.

/ What has been achieved

TF1 = 8.0
14 sites have a TF1 > 10
17 sites have a TF1 = 0
(no accident for more than 12 months).
Machine compliance: -50.9% machine compliance compared to 2020. 12.1% of machines pose a direct risk to the physical safety of employees (only personnel duly trained on the risks are authorized to use them).

2023 / Objectives

Consolidated TF1* less than 7.
No site with a TF1 greater than 10.
100% of staff trained and aware of safety issues.

2030 / Ambitions

Consolidated TF1* less than 5.
No more high physical intensity positions.

* TF1 : Frequency rate of accidents with and without work stoppage of LISI employees and temporary workers per million hours worked.

AREA #2: Preserve our environment

2021 / Objectives

12% energy savings (in relation to added value) in 2021 compared to 2018.
12% water savings (in relation to added value) in 2021 compared to 2018.
7% reduction in greenhouse emissions in 2021 compared to 2018 (in absolute value).

/ What has been achieved

The reference to 2018 is no longer relevant today due to the occurrence of the health crisis, which justifies that the following data be compared to 2020.
Water consumption:
-12.8% vs. 2020 in gross value.
-10% vs 2020 for consumption on value added on a constant scope basis.
Energy consumption:
+8.6% vs. 2020 in gross value.
+11.5% vs 2020 for consumption on value added on a constant scope basis. This deterioration is mainly related to the drop in added value.
Greenhouse Gas:
326,814 TC02 issued in 2021 (partial 1+2+3 scope) i.e.
-20% compared to 2020 and -36% compared to 2019.

2023 / Objectives

5% energy savings (based on added value) compared to 2019.
No dependence on water in areas with water stress.
10% renewable energy produced or purchased.

2030 / Ambitions

10% energy savings (based on added value) compared to 2019.
30% reduction in greenhouse gas emissions compared to 2019 (in absolute value).
20% renewable energy produced or purchased.

AREA #3: Retain talents and strengthen the appeal of our business lines

2021 / Objectives

100% of the Quality of Life at Work surveys are launched and 100% of the action plans are deployed.
100% of the sites have a formal partnership with a school or University.
Absenteeism rate of 3.1% maximum.

/ What has been achieved

100% of surveys deployed and digitized for the first time across all sites with a participation rate of 65% and a satisfaction rate of 78%.
100% of sites have a partnership with schools or universities. Due to the COVID crisis, some actions remain to be taken to formalize these partnerships.
A partnership to promote jobs in the industry to a female audience, LISI is a member of the Elles Bougent association in France and Women in Fasteners in the United States.
Gold Investors in People label for our Rugby teams, which rewards companies that aim to optimize performance by strengthening the skills and motivation of employees.
Launch of the LISI Technical Training Institute (ILFT) at LISI AEROSPACE Parthenay (West Central France). The objective is to offer courses to train on the machining trades.
Inauguration of the LISI Knowledge Institute (LKI) training center at Grandvillars (France, Belfort Territory in Bourgogne-Franche-Comté Region) to develop the skills of our employees and promote internal networks. The first integration seminars have been launched.
Due to the health situation, the absenteeism rate remains high at 4.15%.
24% of women on the Leadership Board.

2023 / Objectives

27% of women on the Leadership Board.
100% of recruiters trained in “recruitment without discrimination” (France in 2022; all countries in 2023).
100% of sites have actions to promote their professions and activities.
The Group is committed to formalizing specific objectives for 2030.

2030 / Ambitions

Foster employee commitment: well-being at work, mobility.
Develop an agile and collaborative organization: diversity, community work.
Anticipate the work of tomorrow: evolution of trades and skills, continuous learning.

AREA #4: Go beyond our customers’ expectations and ensure the safety of our products

2021 / Objectives

0 critical incident on parts which may cause a safety problem.
0 major non-compliance with quality certifications.

/ What has been achieved

0 critical incident on parts which may cause a safety problem.
1 major non-compliance with quality certifications. All non-conformities (major and minor) have been processed to obtain the respective quality certifications for each division.

2023 / Objectives

Innovations

LISI AEROSPACE: 12% of sales generated by new products.
LISI AUTOMOTIVE: Renewal rate of new innovative products > 5%.
LISI MEDICAL: More than 20% of sales generated by new OEM products.

Incidents / Non-compliance

LISI AEROSPACE: No involvement in aviation safety guidelines.
LISI AUTOMOTIVE: No involvement in RAPEX and NHTSA safety recalls.
LISI MEDICAL: No involvement in a market recall questioning the safety of the product.

Certificates

LISI AEROSPACE: 100% of sites certified for EN 9100.
LISI AUTOMOTIVE: 100% of sites certified for IATF 16949.
LISI MEDICAL: 100% of sites certified for ISO 13485.

2030 / Ambitions

Innovations

LISI AEROSPACE: 15% of sales generated by new products.
LISI AUTOMOTIVE: Renewal rate of new innovative products > 5%.
LISI MEDICAL: More than 25% of sales generated by new OEM products.

Incidents / Non-compliance

LISI AEROSPACE: No involvement in aviation safety guidelines.
LISI AUTOMOTIVE: No involvement in RAPEX and NHTSA safety recalls.
LISI MEDICAL: No involvement in a market recall questioning the safety of the product.

Certificates

LISI AEROSPACE: 100% of sites certified for EN 9100.
LISI AUTOMOTIVE: 100% of sites certified for IATF 16949.
LISI MEDICAL: 100% of sites certified for ISO 13485.

AREA #5: Involve our suppliers in a responsible supply chain

2021 / Objectives

Integration of CSR into the procurement transformation project.

/ What has been achieved

Supplier assessment tool integrated into the “Purchasing training” module of the LKI training catalog: 100%.
Contract signed for the outsourcing of CSR assessments: 100%.
Purchasing policy updated and communicated to all stakeholders: 100%.
Standard contracts currently being revised: 12.5%.

2023 / Objectives

Integration of ethics and CSR criteria in the selection of suppliers.
Evaluation of the most strategic suppliers with regard to CSR criteria.

2030 / Ambitions

100% of suppliers assessed on CSR criteria.
LISI works with ethical and responsible suppliers.