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Declaration of Extra-Financial Performance

Declaration of Extra-Financial Performance
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Declaration of Extra-Financial Performance

Product catalog summary
Preamble: Resilience and Growth
The global automotive industry faced challenges from the Covid-19 pandemic, semiconductor shortages, and geopolitical tensions. Despite these, the industry saw a 9.7% growth in 2023, largely due to a shift towards electric vehicles. SIFCOR expanded its resilience plan focusing on health, safety, organizational flexibility, energy savings, and innovation.
Word from the President
SIFCOR, established in the 1880s, transitioned from cutlery production to a significant player in the automotive sector. The group emphasizes sustainable development, strategic acquisitions, and a strong CSR policy. The acquisition of STEVENIN NOLLEVAUX supports market diversification and sustainable practices.
Our Business Model
Global Presence: SIFCOR supports automotive manufacturers worldwide, focusing on Europe, China, and India. The acquisition of STEVENIN NOLLEVAUX expands its services into new sectors, aligning with sustainability principles.
Technological Innovation: Innovation and digital transformation are central to SIFCOR's strategy, enhancing competitiveness and environmental impact.
Customer Focus: Customer satisfaction is achieved through technical solutions and quality service.
Business Expertise: SIFCOR specializes in forging, machining, and assembly, continuously modernizing its equipment to improve performance.
Satisfy Our Stakeholders
Stakeholder communication is key to SIFCOR's social responsibility, integrating economic, social, and environmental issues into its strategy. The group engages with local universities to foster technical exchanges and cultural integration.
Our Values
SIFCOR's commitment to social responsibility is reflected in its focus on customer satisfaction, employee involvement, and continuous improvement.
Introduction
The document outlines SIFCOR Group's initiatives focusing on education, employee integration, internal communication, management evolution, local engagement, and environmental responsibility.
Education and Employee Integration
SIFCOR emphasizes education and professional development by welcoming interns and students, supporting retraining professionals, and sponsoring educational competitions. New employees receive a comprehensive introduction to company values and are integrated through a structured program.
Internal Communication
Effective internal communication is maintained through newsletters, internal newspapers, and a website. Employees are encouraged to provide feedback and participate in annual interviews to discuss their satisfaction and areas for improvement.
Management Evolution
The group promotes a caring work environment, emphasizing work/life balance and remote work. Energy management initiatives include adjusting work schedules to optimize electricity use.
Local Engagement
SIFCOR is committed to local community involvement, supporting education, innovation, and local employment. Partnerships with educational institutions and participation in local events demonstrate this commitment.
Environmental Responsibility
The group focuses on reducing CO2 emissions, increasing the use of renewable energy, and promoting eco-friendly practices. Initiatives include carpooling, hybrid company vehicles, and on-site training to reduce travel emissions.
Conclusion
SIFCOR Group's initiatives reflect a strong commitment to education, employee well-being, local community engagement, and environmental sustainability.
Sustainable and Responsible Approach
SIFCOR is committed to reducing its environmental impact while maintaining high industrial performance standards. Forges de Courcelles is transitioning through the Diag Décarbon’action initiative to reduce GHG emissions.
Eco-design and Raw Material Reduction (Scope 3)
Efforts include eco-design projects to reduce raw material usage and improve production efficiency.
Energy Management Plan (Scope 1 & 2)
Energy management plans are implemented to reduce energy consumption and incorporate green energy into purchases.
Transport and Mobility (Scope 3)
AMIS has reduced CO2 emissions by using hybrid vehicles and optimizing transport.
Raw Material Reduction at Forges de Courcelles (Scope 3)
Investments in high-performance equipment and strategies to extend tool life are prioritized.
Waste Recycling and Pollution Reduction
Recycling systems for office waste and industrial waste reduction measures are in place.
Methodological Note
The report focuses on the Group's French entities, excluding international entities. A CSR management IT tool standardizes indicators.
Social and Environmental Indicators
Indicators include workforce data, absenteeism rates, training expenses, and environmental metrics like waste reuse and GHG emissions.
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Catalog excerpts

Declaration of Extra-Financial Performance-1

SIFCOR GROUP DPEF, FY 2023 Declaration of Extra-Financial Performance 2023 SIFCOR Société Industrielle & Financière de Courcelles 52800 Nogent (F) www.sifcor.fr

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Declaration of Extra-Financial Performance-2

SIFCOR GROUP DPEF, FY 2023 Preamble: Resilience and growth in the face of global crises 3 A Word from the President 4 1 - Economic performance, quality and ethics 11 3 - Anchoring in local life 18 *data not published on the website Societe Industrielle & Financiere de Courcelles 52800 Nogent (F) www.sifcor.fr

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Declaration of Extra-Financial Performance-3

SIFCOR GROUP DPEF, FY 2023 PREAMBLE Resilience and growth in the face of global crises The global automotive industry has gone through unprecedented challenges due to the Covid19 pandemic, semiconductor shortages and geopolitical tensions. These crises have led to plant closures, supply chain disruptions and a significant drop in sales. Despite this, the industry has been able to reinvent itself by massively turning to electric vehicles to address environmental concerns and new regulations. According to ACEA (Association of European Automobile Manufacturers), the global automotive market rebounded...

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Declaration of Extra-Financial Performance-4

SIFCOR GROUP DPEF, FY 2023 A - WORD FROM THE PRESIDENT Our family group was founded in the 1880s, with the establishment and modernisation of industrial facilities for the production of cutlery preforms in Nogent in HauteMarne, to move strategically in the 1950s towards the growing automotive sector which would allow its significant industrial and commercial development. The SIFCOR Group is made up of subsidiaries of Forges de Courcelles and AMIS, representing two major stages of integration and technological evolution. Starting from the origin of hot stamping for the forging of medium series...

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SIFCOR GROUP DPEF, FY 2023 key theme, actively involving our subsidiaries through a bottom-up approach: Environment (E), Social (S) and Governance (G). At this point, a gap analysis is being developed to better understand areas for improvement and align our practices to the new requirements. At the same time, we have undertaken rigorous work to build a strong and pragmatic CSR (Corporate Social Responsibility) policy. In 2024, we will also focus on enhancing our CSR program through impactful communication, aimed at strengthening our engagement and transparency with all our stakeholders. With...

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Declaration of Extra-Financial Performance-6

SIFCOR GROUP DPEF, FY 2023 B - OUR PRESENCE IN THE WORLD As a supplier and strategic partner, we support automotive manufacturers and suppliers with an industrial and commercial presence in Europe, China and India. Our essential components for motors, differential housings, gearboxes and suspension parts meet the highest safety standards, and can be machined, processed and assembled. The ambition is to pursue profitable and sustainable development through selective internal growth and strategic partnerships in target markets, while prioritising proximity to minimise our carbon footprint. This...

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Declaration of Extra-Financial Performance-7

SIFCOR GROUP DPEF, FY 2023 The satisfaction of our customers is the main guarantee of our sustainability. Our commitment is to offer them the best technical solutions, total quality, service and competitiveness. We support them in their development and offer them innovative solutions to address their problems. By combining the understanding of their current and future needs with the mastery of materials and our know-how, we offer them the most effective solutions. By striving for excellence in all areas of the company, we guarantee the satisfaction of our customers. Since its creation, the Group...

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Declaration of Extra-Financial Performance-8

SIFCOR GROUP DPEF, FY 2023 MACHINING/ASSEMBLY: the machining and assembly of components to our forged products are carried out in-house or subcontracted under project management, making it possible to supply products that can be used directly on our customers' assembly lines. TOOLS: The forging activity within the Group is accompanied by the design and integrated manufacture of our own tools, the heart of our know-how, source of autonomy, control of forging processes and optimisation of their consumption. In an increasingly competitive environment, agility, flexibility and profitability are key....

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Declaration of Extra-Financial Performance-9

SIFCOR GROUP DPEF, FY 2023 G - OUR VALUES The commitment of our companies to social responsibility has also led us to identify the values of our organisation through: 1- Actions carried out for the satisfaction of our customers, the main guarantee of our sustainability, by working on the best product-services synthesis in terms of technical solutions, total quality, service and competitiveness, while supporting them in their development by offering them innovative solutions to meet their criteria. 2- Our employees, our main asset, thanks to their involvement, which is at the heart of our performance....

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Declaration of Extra-Financial Performance-10

SIFCOR GROUP DPEF, FY 2023 Four CSR issues were selected, helping to create a common culture: - Economic performance, quality and ethics The development of employees Anchoring in local life Respect of the environment The risks highlighted through these four issues are validated by the Group President and remain a priority in a turbulent context of multiple crises that significantly affect SIFCOR's industrial activities. SIFCOR Société Industrielle & Financière de Courcelles 52800 Nogent (F) www.sifcor.fr

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Declaration of Extra-Financial Performance-11

SIFCOR GROUP DPEF, FY 2023 I - POLICIES AND RESULTS1 - ECONOMIC PERFORMANCE, QUALITY AND ETHICS ETHICAL RULES IN BUSINESS From January 2020, the SIFCOR Group will implement an anti-corruption program in accordance with the SAPIN II law. It extends to all its subsidiaries and concerns all its employees, customers, suppliers and partners. Since the end of 2023, the SIFCOR Group has instituted a Code of Ethics applicable to all its subsidiaries, thus consolidating our commitment to responsible and sustainable business practices. This Code of Ethics is based on four fundamental principles: 1. Respect...

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Declaration of Extra-Financial Performance-12

SIFCOR GROUP DPEF, FY 2023 of our customers and suppliers. As such, each day we work to maintain close and long-term relationships with our partners. It also requires a high level of quality to guarantee economic performance and the sustainability of the company. Finally, adherence to specific ethical rules is essential to create the conditions for a mutually beneficial relationship with each of our stakeholders. The quality approach taken by the Group over the past 35 years makes it possible to strive for a high level of customer satisfaction. In fact, our quality system organised by process...

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