Core Insights - ARGAN published its 2025 ESG report, highlighting significant achievements in its 2023-2030 roadmap across all three ESG pillars [2][4][9] Environmental Achievements - CO2 emissions linked to energy consumption in ARGAN's warehouses decreased by 25% over two years, demonstrating the effectiveness of its strategy to deploy net zero carbon warehouses and install electric heat pumps [2][9] - The company aims to continue reducing its carbon footprint through innovative developments and upgrades to existing sites [9] Social and Societal Initiatives - ARGAN has intensified its efforts in social responsibility, achieving a 0% pay gap between men and women for equivalent positions and an equity ratio of 2.2 times for top management compared to SBF 120 companies [9] - The company has implemented a free share plan, ensuring all employees are shareholders, which fosters a sense of ownership and commitment [9] Governance Improvements - In 2024, ARGAN completed a set of charters and public commitments, including a Responsible Purchasing Charter and a biodiversity strategy with eight targets for 2030 [9] - The governance framework aligns with the French initiative "Companies committed for Nature," reflecting a commitment to sustainability and responsible practices [9] Financial Performance and Ratings - ARGAN's portfolio, appraised at €3.9 billion, generates an annual rental income of approximately €205 million as of December 31, 2024 [5][6] - The company has received a "low" extra-financial risk rating from Sustainalytics, a gold medal from Ethifinance, and a silver medal from Ecovadis, indicating strong performance in ESG metrics [4][6]
ARGAN published its 2025 ESG report - CO2 emissions linked to energy consumption in our warehouses decreased by -25% over 2 years
Globenewswire·2025-04-08 15:45