ARGAN and DECATHLON: a joint low-carbon ambition

Core Viewpoint - ARGAN and DECATHLON are enhancing their partnership by modernizing heating systems in logistics warehouses to improve energy performance and reduce carbon emissions [2][3][4]. Group 1: Partnership and Collaboration - ARGAN has leased four warehouses totaling over 170,000 sq.m to DECATHLON, which are essential for the brand's distribution in France and Europe [2]. - The collaboration focuses on reducing the carbon footprint, with a significant step being the replacement of gas boilers with next-generation heat pumps [3][5]. Group 2: Environmental Impact - The initiative is expected to avoid 700 tons of CO₂ emissions annually, equivalent to the emissions of 120 French citizens [4]. - ARGAN aims to reduce its overall carbon emissions from 24,000 tons in 2022 to 12,000 tons by 2030, achieving a 50% reduction [4]. Group 3: Company Profile and Strategy - ARGAN specializes in the development and rental of premium warehouses and is a leading player in the French market, with a portfolio of 3.7 million sq.m valued at €4.0 billion [7][8]. - The company emphasizes a customer-centric approach and sustainability, reflected in its investment-grade rating and recognition from third-party agencies for its ESG policies [8].