35 LISI - 2024 Integrated Report Duisburg, Germany, to our LISI AUTOMOTIVE factories in Shanghai and Suzhou. This journey across Europe and Asia takes between 33 and 35 days. The process involved close collaboration between the logistics teams at the factories, the customer service department, and central procurement as part of a comprehensive project approach. This choice allowed us to both optimize costs and ensure more reliable delivery times compared to maritime transport, whose prices and lead times fluctuate significantly due to geopolitical factors (e.g., piracy in the Red Sea) and market conditions (e.g., Chinese New Year, Christmas, or shipping companies’ ‘blank sailing’ policies). We achieved our goal: we have stopped air deliveries, except for those necessary to address urgent needs. This decision has had a direct impact on reducing costs as well as on the Group’s carbon footprint. What are the projects for 2025? Road transport, relative to the volumes transported, remains our primary mode of delivery. We aim to electrify the trucks that connect our factories with those of our subcontractors. The project focuses on highly regular routes managed by a partner using a shuttle system modeled on the “milkrun”. At peak times during the week, about ten trucks connect Normandy, the Paris region, northern France, and eastern France. The carrier has already acquired several electric trucks. As part of this joint project, we plan to install charging stations at our Delle site, which currently serves as the logistical hub for this network. Over the coming months, we will test and analyze the economic reliability of this model. Green energy purchases: moving toward more PPAs For renewable energy purchases, the LISI Group is refining its strategy by increasing the use of Power Purchase Agreements (PPAs). These agreements allow the Group to enter into specific contracts requiring energy suppliers to provide a defined share of renewable energy, such as wind, solar, or hydroelectric power. This commitment enables the Group to include this share in its carbon footprint calculations. This strategy is being pursued alongside self-production projects implemented at the Group’s sites. The rail option between Europe and China proved to be a winning choice for LISI AUTOMOTIVE”. # Objectives & Trajectory 2023 2024 New products (% of sales revenue): LISI AEROSPACE LISI AUTOMOTIVE LISI MEDICAL 7.3% 12% 4.7% 7.6% 12.4% 2.0% SDG* 9: Industry, innovation, and infrastructure GRI*: 201-1 AXIS 5: GO BEYOND OUR CUSTOMERS’ EXPECTATIONS % of sensitive suppliers assessed as per CSR criteria 57% 67% SDG* 9: Industry, innovation, and infrastructure GRI*: 414-1, 308-1 AXIS 6: INVOLVE OUR SUPPLIERS In 2024: Sales revenue: €1,794 M Free Cash Flow: €57.7 M / 3.2% of sales revenue SDG* 8: Decent work and economic growth GRI*: 202-1 AXIS 7: SECURE OUR FINANCIAL RESOURCES * SDG: Sustainable Development Goal / GRI: Global Reporting Initiative. LEARN MORE
RkJQdWJsaXNoZXIy MTEyMTU=