Opmobility · EURONEXT:OPM
Opmobility — Plastic Omnium — ESG Presentation (December 2021)
36 slides from Opmobility's sustainability presentation, Dec 8, 2021
Slide 1: Act for Climate, December 8th, 2021
‘% a December 8th, 2021
Slide 2: Agenda
1. Committed To Low-Carbon Mobility 2. Acting For Carbon Neutrality Agenda 3. Financing Carbon Neutrality y 4. Conclusion Q&A PLASTIC OMNIUM’S CARBON NEUTRALITY ROADMAP 2
Slide 3: Committed To Low-Carbon Mobility
Committed To Low-Carbon Mobility Laurent FAVRE CEO
Slide 4: Sustainability mobility trends
ACTIVE SAFETY CONNECTIVITY CUSTOMER ELECTRIFICATION & AUTONOMY & DIGITALIZATION EXPERIENCE ───────────────────────────────── ───────────────────────────────── ───────────────────────────────── ───────────────────────────────── Hydrogen will play a key role Safety regulations to Value-shift in cars f
Slide 5: Global footprint: plants, R&D centers, employees
12 R&D centers 25 COUNTRIES 6 R&D centers 59 plants ───────────────────────── High regulation pressure, 7 R&D centers 28 plants Eco-design, electrification, 48 plants ────────────────── ─────────────────── Towards a pathway recycled materials Front-runner 31,000 to EVs (2035-40) for hydrogen growth
Slide 6: A visionary idea to decrease CO2 emissions
A visionary idea 2021 to decrease 15% to 20% CO2 emissions of car weight since inception… LIGHTER WEIGHT LOW SCRAP DURABILITY RECYCLABILITY 1946 PLASTIC OMNIUM’S CARBON NEUTRALITY ROADMAP 6
Slide 7: Plastic Omnium's carbon neutrality roadmap
2021 2001 2019 1950-1980 2013 2021 2020 1986 2019 2006 2017 PLASTIC OMNIUM’S CARBON NEUTRALITY ROADMAP 7
Slide 8: Leadership positions in lightweighting, energy storage, hydrogen
LIGHTWEIGHTING, MODULARIZATION ENERGY STORAGE HYDROGEN SYSTEMS AERODYNAMICS, DESIGN & CUSTOMIZATION & EMISSION REDUCTION FOR ZERO EMISSION #1 #1 #1 #1 Worldwide in bumpers Worldwide in front Worldwide in fuel Targeted in 2030 & plastic tailgates end modules systems & SCR with €3.0 bn revenue PLASTIC
Slide 9: 3 Strategic Objectives
3 STRATEGIC OBJECTIVES Grow faster than the market Enhance innovation to accelerate performance OPERATIONAL INNOVATION SUSTAINABILITY EXCELLENCE Reinforce leadership positioning PLASTIC OMNIUM’S CARBON NEUTRALITY ROADMAP 9
Slide 10: Sustainable Business Care
────────────────────────────── ────────────────────────────── CARE SUSTAINABLE FOR PEOPLE BUSINESS ────────────────────────────── ────────────────────────────── ────────────────────────────── RESPONSIBLE ENTREPRENEURSHIP ────────────────────────────── PLASTIC OMNIUM’S CARBON NEUTRALITY ROADMAP 10
Slide 11: PO's objectives approved by SBTi
SCOPE 1 SCOPE 2 SCOPE 3 2050 ─────────────────── ────────────────────────── ────────────────────────── Neutral SCOPE 3 2030 ────────────────────────── From all actors of our -30chain value % PO's objectives approved by and aligned with SCOPE 1 SCOPE 2 2025 ─────────────────── ───────────────────────
Slide 12: Acting For Carbon Neutrality
Acting For Carbon Neutrality David MENESES Executive VP Sustainability
Slide 13: CO2 emissions by sector and in transport
CO2 emissions by sector CO2 emissions in transport Other Shipping Rail Residential 4% 11% 2% 6% Aviation 12% Electricity 42% & heat producers Passenger 25% Transport 45% road vehicles 30% Road 23% freight vehicles Industry Source: International Energy Association. IEA and IPCC (2018) Summary for Pol
Slide 14: Upstream, company and downstream activities
UPSTREAM ACTIVITIES COMPANY’S ACTIVITIES DOWNSTREAM ACTIVITIES ───────────────────────────────── ───────────────────────────────── ───────────────────────────────── UPSTREAM SCOPE 3 SCOPE 1 & 2 DOWNSTREAM SCOPE 3 ────────── ────────── ─────────────────── ────────── ────────── Upstream Travel Company
Slide 15: -30% in 2030, Neutral in 2025
UPSTREAM ACTIVITIES COMPANY’S ACTIVITIES DOWNSTREAM ACTIVITIES ───────────────────────────────── ───────────────────────────────── ───────────────────────────────── UPSTREAM SCOPE 3 SCOPE 1 & 2 DOWNSTREAM SCOPE 3 ────────── ────────── ─────────────────── ────────── ────────── Upstream Travel Company
Slide 16: All scopes neutral in 2050
UPSTREAM ACTIVITIES COMPANY’S ACTIVITIES DOWNSTREAM ACTIVITIES ───────────────────────────────── ───────────────────────────────── ───────────────────────────────── UPSTREAM SCOPE 3 SCOPE 1 & 2 DOWNSTREAM SCOPE 3 ────────── ────────── ─────────────────── ────────── ────────── Upstream Travel Company
Slide 17: Scopes 1 & 2: neutral in 2025
SCOPES 1 & 2: neutral in 2025 REDUCE REPLACE COMPENSATE ENERGY CONSUMPTION RENEWABLE ENERGY CO2 REDUCTION (electricity & gas) OUTSIDE THE COMPANY ──────────────────────────────────────── ───────────────────────────────────────────────── ─────────────────────────────────────────── EFFICIENCY PROJECTS
Slide 18: Best practices
30 best practices ───────────────────────────────────────────────── ───────────────────────────────────────────────── 32% OF RENEWABLE ELECTRICITY SITE TESTIMONY ───────────────────────────────────────────────── WITH OUR PARTNER 5 SITES ALREADY EQUIPPED WITH ON EFFICIENCY PROGRAM SOLAR PANELS OR WIN
Slide 19: Site energy program 2022-2025
2022 2023 2024 2025 sites 26 AUTONOMOUS sites SITES sites sites 40 SITES NEEDING sites SUPPORT sites 35 SITES WITH STANDARD PRACTICES ■ Energy Audit ■ Investment plan ■ Implementation PLASTIC OMNIUM’S CARBON NEUTRALITY ROADMAP 19
Slide 20: Scope 3: -30% in 2030
SCOPE 3: -30% in 2030 ACTION PLAN WITH SOLUTIONS SUPPLIERS & TRANSPORTERS FOR OUR CUSTOMERS ───────────────────────────────────────────────────── ─────────────────────────────────────────── ◆ CO2 footprint as a selection criterion COLLABORATE ◆ Lightweighting, Aerodynamics / Sharing of tools & good
Slide 21: Develop a supply chain engagement strategy
2021 2022 DEVELOP COMMUNICATE A SUPPLY CHAIN PARTNER AND STRATEGY & MONITOR REINFORCE ENGAGEMENT SUPPORT EXPECTATIONS STRATEGY ─────────────────────────────────────── ─────────────────────────────────────── ─────────────────────────────────────── ─────────────────────────────────────── ─────────────
Slide 22: Increasing the pace of recycled material in our products
INCREASING THE PACE OF RECYCLED MATERIAL IN OUR PRODUCTS “Proof of concept” ────────────────────────────────────────────────────────────────── with 50% recycled material SAME CRITERIA OF SAFETY on commercial bumper AND AERODYNAMICS (incl. the painted skin) ───────────────────────────────────────────
Slide 23: Customer testimonial: Volvo Cars
“Plastic Omnium as one of our important suppliers has a very important role to play and we are looking Lightweight & Hydrogen forward to a continuous Aerodynamics good collaboration and your full support to reach our sustainability targets.” Volvo cars Hybrid vehicles Automated LID Frunk PLASTIC OMN
Slide 24: OEM electrification sales targets
2020 2025 2030 2035 2040 2050 ◔ ● 2033: 100% EV ◑ ● ● ◑ ● ● ◔ ◑ ◔ ◑ ● ● ● JAGUAR ◑ LAND ROVER ● LAND ROVER ● ◔ ◑ ◔ ● ◑ ● 70% EV&PHEV OPEL&FIAT 100% EV ● ● ● 100% EV in EU ● 10% EV 80% HEV/PHEV in EU ◑ ● ◔ ◑ ● 100% EV & FCV ◑ ● SALES TARGET ● 100% EV OR FCEV / ◑ >50% EV OR PHEV / ◔ <50% EV OR PHEV ●
Slide 25: Traditional OEMs and pure EVs supplied
TRADITIONAL OEMs TAYCAN E-TRON EQA ID3 ID4 Lyriq Cadillac E100 by Porsche by Audi by Daimler by Volkswagen by Volkswagen by GM by SsangYong Front-end modules Front and rear Rear bumpers, front- Front-end modules, Bumpers, tailgates, Front/Rear Bumpers Front-end modules & cockpit modules bumpers, fro
Slide 26: Fuel cell stack and hydrogen systems
FUEL CELL STACK A unique production capacity thanks HYDROGEN VESSEL to our joint-venture with (10,000 units/year) INTEGRATED HYDROGEN SYSTEM A WORLD LEADER IN FUEL CELL TECHNOLOGY PLASTIC OMNIUM’S CARBON NEUTRALITY ROADMAP 26
Slide 27: Hydrogen: a promising market
Hydrogen: a promising market, fed… …today by heavy mobility …tomorrow by all kinds of mobility From hydrogen vehicles in 2025 To more than hydrogen vehicles by 2030 H2 market by 2030 North America Europe Asia 5% 20% 75% PLASTIC OMNIUM’S CARBON NEUTRALITY ROADMAP 27
Slide 28: Hydrogen: our strong commercial pipeline
Hydrogen: Our strong commercial pipeline… 100 PROJECTS WORLDWIDE HYDROGEN MARKET SHARE MARKET SHARE MARKET SHARE MOBILITY HYDROGEN VESSELS FUEL CELL STACKS INTEGRATED HYDROGEN SYSTEMS 85 CUSTOMERS OPERATING MARGIN in 2025 REVENUE TARGET ANNUAL INVESTMENT Global FOOTPRINT by 2030 in the coming years
Slide 29: Circular economy at the heart of our approach
Circular economy at the heart of our approach SUSTAINABLE PRODUCTION INNOVATION RAW MATERIALS & PARTNERSHIPS LOGISTICS SUPPLIERS CUSTOMERS SUSTAINABLE MATERIAL RECYCLING USE OF PRODUCTS MOBILITY PLASTIC OMNIUM’S CARBON NEUTRALITY ROADMAP 29
Slide 30: Financing Carbon Neutrality
Financing Carbon Neutrality Kathleen WANTZ-O’ROURKE CFO & CIO
Slide 31: Sustainability a key focus since inception
Sustainability has been a key focus for the Company since its inception ──────────────────────────────────────────────────────────── STRENGTHENING COMPETITIVE ADVANTAGE THROUGH DEMONSTRATED LEADERSHIP Finance function empowered to ──────────────────────────────────────────────────────────── further
Slide 32: Growing CAPEX related to energy transition
Increasing penetration target on ZEV market leading to a growing CAPEX related to Energy Transition Efficiency program to reduce Scope 1 & 2 emissions aligned Transition to BEV favoring PO with PO financial discipline positioning among key OEMs World leader in H2 systems production capacity: 40 M€ C
Slide 33: Next steps
TAXONOMY: 1ST REPORTING WITHIN URD 2021 Next steps ─────────────────────────────────────────────────────────────────────────────────── CAPITAL MARKETS DAY PLANNED IN H1 2022 TO UPDATE ON OUR STRATEGIC VISION, INCLUDING OUR FINANCIAL SUSTAINABILITY FRAMEWORK PLASTIC OMNIUM’S CARBON NEUTRALITY ROADMAP
Slide 34: Conclusion
Conclusion Laurent FAVRE CEO
Slide 35: Sustainability at the heart of our value proposition
Sustainability at the heart of our value proposition SUSTAINABILITY RESPONSIBILITY COMPETITIVENESS VALUE FOR ALL STAKEHOLDERS ATTRACTIVENESS PROACTIVITY PLASTIC OMNIUM’S CARBON NEUTRALITY ROADMAP 35
Slide 36: Q&A
Q&A