Each brand has a well-defined identity, with a specific values which are reflected in the product offering, features and design, as well as in appropriate communication mechanics.
We remain convinced that our balanced business model, combining profitable growth and a resolutely responsible approach, creates value for all and plays a full part in our contribution to better living in households around the world.
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9-month 2024 sales and financial data
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ESG INVESTOR DAY
Provisional 2024 sales
Groupe SEB's eco-design policy aims to reduce the environmental footprint of products throughout their life cycle. In 2020, the Group specified its definition of an eco-designed product, which must meet the following criteria:
The criteria of sustainability, recyclability, energy efficiency and integration of alternative materials are explained in detail (quantitative thresholds and/or qualitative characteristics) for each product universe: Small electrical appliances, Cookware, Kitchen utensils. These rules, formalised in 2020, were tested with the support of Ernst & Young to ensure their relevance and robustness. They constitute a benchmark that serves as a modus operandi for the teams.
In 2021, in order to promote its eco-design approach to consumers, Groupe SEB has created its ECOdesign label, certified by an independent third party (Ernst & Young) in accordance with ISO 14020 and ISO 14021 standards. This label enables consumers to quickly identify the most demanding products in terms of eco-design. It covers the entire product universe of the Group's brands, from small electrical appliances to cookware. The first ECOdesign-labelled range was launched in Europe in autumn 2021: Eco Respect is a complete range of products for food preparation (Moulinex/Tefal), manufactured in Lourdes, France. The products contain up to 65% recycled plastic. The packaging is made from at least 90% recycled cardboard, uses vegetable-based inks and no longer contains plastic bags or polystyrene. Since the launch of the self-label in November 2021 and its integration into the product development process, the range of labelled products has continued to expand across all the Group's product families.
PRODUCTS DESIGNED TO LAST AND TO BE REPAIREDTO FIND OUT MORE INCREASINGLY RECYCLABLE PRODUCTSTO FIND OUT MORE MATERIALS WITH A LOWER ENVIRONMENTAL IMPACTTO FIND OUT MORE
Over the entire life cycle of products, almost three quarters of their carbon impact comes from energy consumption during use, far ahead of manufacturing. Aware of the importance of the energy challenge, the Group has stepped up its efforts in this area. It is concentrating its efforts on around fifteen priority product families, those with the greatest impact in terms of electricity consumption in terms of individual consumption and volumes sold. For each of these, the Group has defined a standard method for calculating energy consumption and efficiency, and chosen one or two benchmark products to measure progress.
As part of its Sustainable Development ambition and the Science Based Target initiative, the Group has set itself the target of reducing the carbon intensity linked to the energy consumption of its products by -15% by the end of 2023 (base year 2016).
Here are a few emblematic examples of the Group's work and advances in energy efficiency:
PACKAGING WITH LESS ENVIRONMENTAL IMPACT
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