Societe Bic Sa · EURONEXT:BB
Societe Bic Sa — BIC — ESG Presentation (December 2021)
26 slides from Societe Bic Sa's sustainability presentation, Dec 17, 2021
Slide 1: BIC Lighters Sustainable Development Plan
BIC LIGHTERS SUSTAINABLE DEVELOPMENT PLAN ESG investor presentation – François Clément-Grandcourt 17 December 2021
Slide 2: BIC Lighters: Reliable and safe items for essential needs
BIC LIGHTERS Reliable and safe items for essential needs
Slide 3: Lighting a flame: an essential need
LIGHTING A FLAME: AN ESSENTIAL NEED FLAMES ANSWER PHYSIOLOGICAL, PSYCHOLOGICAL AND SPIRITUAL NEEDS Heating Cooking Restaurant & Relaxing Leisure & Catering outdoor activities Birthday Spirituality Emergency Smoking Manual celebration situations workers A LIGHTER IS THE BEST OPTION TO PRODUCE A FLAME
Slide 4: Flame usages: 86% of adults use flames during the year
FLAME USAGES: 86% OF ADULTS USE FLAMES DURING THE YEAR Others Others Smoking Barbecue Gas Gas oven TOTAL stove FLAME Bithday Gas OCCASIONS candles stove IN THE U.S candles Barbecue Incense Incense candles Birthday Smoking Gas oven candles 4
Slide 5: Reliability: high performance for a simple product
RELIABILITY : HIGH PERFORMANCE FOR A SIMPLE PRODUCT Valve Jet Spark wheel Valve body, Jet & globe seal Cheeks and sparkwheel wire Fuel Body membrane & disk Flint Hood Base «Guard» Ball Flint spring Fork spring Fork Fork & pusher ► Long lasting high-performance products (up to 3,000 lights for BIC® M
Slide 6: Lighters: potentially dangerous products
LIGHTERS: POTENTIALLY DANGEROUS PRODUCTS A lighter = pressurized gas in a plastic reservoir that is lit by sparks to generate a flame 2 MANDATORY STANDARDS UNFORTUNATELY WITH WHICH LEADS TO IN EUROPE LITTLE COMPLIANCE ACCIDENTS EVERY YEAR I ISO 9994: safety specifications I More than 2/3 of lighter
Slide 7: BIC Lighters: Essential, reliable, safe… and facing new challenges
BIC LIGHTERS Essential, reliable, safe… and facing new challenges
Slide 8: Accelerate on sustainable development
ACCELERATE ON SUSTAINABLE DEVELOPMENT Taking our circular economy journey to the next level by transforming the way we use plastic o by 2025, 100% of BIC packaging will be reusable, recyclable, or compostable o by 2030, BIC will use 50% non-virgin petroleum plastic in our products, with an intermedi
Slide 9: Our working method
BIC LIGHTERS Our working method
Slide 10: The two major challenges
THE TWO MAJOR CHALLENGES PLASTIC MATERIALS ARE (SO FAR) IN SPITE OF THEIR INTRINSIC QUALITIES, A FOSSIL FUEL DERIVATIVES MISMANAGEMENT OF LIGHTERS’ END OF LIFE CAN BE AN ISSUE BIC WANTS TO PIONEER A CIRCULAR ECONOMY MODEL FOR THE LIGHTER INDUSTRY 10
Slide 11: Adopting a science-based approach: BIC SEA program
ADOPTING A SCIENCE-BASED APPROACH: BIC SEA PROGRAM SAMPLES & DATA DEGRADATION & TOXICITY COLLECTION, DIFFUSION TESTS I Abiotic degradation I Modelisation of plastics degradation I Colonization and biodegradability I Plastics characterization I Toxicity tests I Conditioning and aging I Alternative pl
Slide 12: Studying consumer behavior
STUDYING CONSUMER BEHAVIOR A SOPHISTICATED UNDERSTANDING OF ALL IMPACTS Exploring ways to promote responsible management of lighters usage and disposal. I Incentive to use lighters’ full capacities I Process and nudges to properly dispose used lighters I Design the best option to collect used Iighte
Slide 13: Scientific research to go beyond common beliefs
BIC LIGHTERS Scientific research to go beyond common beliefs
Slide 14: Breaking stereotypes
BREAKING STEREOTYPES Lighters are not only Matches don’t Refillable lighters are for smokers produce more not the answer sustainable flames* Environmental Refilling a lighter or impact: owning a refill poses a 6 times higher than a potential and dangerous J26 Maxi1 risk of a serious accident lighter
Slide 15: Tomorrow's flame
TOMORROW’S FLAME
Slide 16: Pioneering a circular model for the lighter industry
PIONEERING A CIRCULAR MODEL FOR THE LIGHTER INDUSTRY Product Design ► Exploring new designs ► Responsible sourcing Raw Materials ► Alternative materials ► Collection and end-of-life End of Life ► Manufacturing performance Production ► Waste management ► Less packaging ► Recycled packaging Packaging
Slide 17: Analysing the life cycle of a BIC lighter
ANALYSING THE LIFE CYCLE OF A BIC LIGHTER A SOPHISTICATED UNDERSTANDING OF ALL IMPACTS: DETAILED LCA Contribution of the different materials used to produce the BIC J26 Lighter Life cycle Analysis - Decors 17
Slide 18: Maximizing the number of flames to reduce the impact
MAXIMIZING THE NUMBER OF FLAMES TO REDUCE THE IMPACT RANGE 2019: 1,820 flames in average DJEEP RANGE 2021: 2,410 flames in average + 33% vs 2019 range 18
Slide 19: Eco-design
ECO-DESIGN 1 2 4 X less plastic per flame -30% of CO2 16% improved environmental impact (thanks to recycled and biosourced material + green 66% reduction of CO2 / flame electricity) and benefits from 14% CO² compensation programs 30% reduction in packaging Cheeks 19
Slide 20: Raw materials
RAW MATERIALS Promoting socially and environmentally responsible sourcing by engaging with Fe 26 key suppliers covering 10 priority issues to: Zn I Improve transparency of the supply chain Ni I Identify social or environmental risks Ce/La Al I Define the best solutions to mitigate risks PA 6.6 I Eng
Slide 21: Production & logistics
PRODUCTION & LOGISTICS Improving factory Optimizing sourcing Compensating Residual Producing energy performance and transportation GHG emissions using solar PV systems systems (scope 1 & 2) To better manage our 50.1%* supply chain, a 100% of decrease in water consumption BIC Lighters are between 200
Slide 22: Less packaging and more sustainable packaging
LESS PACKAGING AND MORE SUSTAINABLE PACKAGING By type of packaging STEP 1 STEP 2 STEP 3 Trays of 50 Recycled PS Recycled PP Cellulose Blisters PVC r-PET and PP Cardboard Transportation and storage of lighters must comply with detailed safety instructions 22
Slide 23: End of product life: lighters' collection
END OF PRODUCT LIFE LIGHTERS’ COLLECTION Learnings from the used lighter collection pilots I 5 years: average age of collected lighter I 87 % of used lighters are left with only a drop of gas I 30% of BIC collected lighters could potentially be safely reconditioned. Other lighters show corrosion and
Slide 24: End of product life: first disassembling & recycling machine
END OF PRODUCT LIFE THE FIRST EVER DISASSEMBLING & RECYCLING MACHINE FOR LIGHTERS 24
Slide 25: Imagining the next generation of lighters
IMAGINING THE NEXT GENERATION OF LIGHTERS More flames per lighter Safe lighter, which do not cause accidents Eco-designed lighters: less material per flame Less packaging Collected, recycled, refurbished… By 2035, with a population expected to grow + 20%: - Lighter market CO2 impact : divided by 2 -
Slide 26: Thank you
THANK YOU