3. ENVIRONMENT Adaptation to climate change is a cross-cutting issue CLIMATE HAZARDS RELATED IMPACTS Health & Safety Poor working conditions (risk of illness and accidents) Employee discontent Toxic pollution Real estate Deterioration or destruction of buildings Products Damage or loss of goods Equipment & infrastructure Damage to equipment Industrial incidents DIRECT POTENTIAL IMPACTS ON GEODIS INDIRECT Lower productivity and business interruption Employees unable to get to work Disruption of incoming and outgoing fl ows Business disorganization Employee dissatisfaction and reduced motivation Increased absenteeism Strikes or industrial action Increased employee turnover Lower revenues and unforeseen costs Exclusion from tenders: loss of customers and business Fall in service quality: damage to the Group’s reputation Supply chain disruption: inability to carry out critical missions Property costs: restoration and protection work, insurance Social costs: government levies, recruitment, training, litigation and convictions Heat Forest fi res and fi re risk Landslides Subsidence Water stress Flooding Tornadoes and storms Air pollution Vector-borne diseases Action plans The Group completed this work in 2024, with the rollout of vulnerability diagnostics by type of hazard at seven representative sites in the United States, Asia-Pacifi c and Europe. The aim was to study in greater detail the potential impact of climate change on infrastructure, assets, operations and employees at risk, taking account of the measures in place. The main conclusions of these diagnostics showed that all regions and lines of business are vulnerable to the consequences of heat: although its impact is generally underestimated, it can affect health and safety, productivity, equipment, assets and infrastructure, as well as fi nancial performance. On-site diagnostics also highlighted the importance of taking into account other hazards linked to heat (forest fi res), wind (cyclones, tornadoes), water (fl ooding, water stress) and solid masses (landslides, subsidence). Climate change is also a factor in the spread of vector-borne diseases and air pollution. In 2025, GEODIS will train teams to carry out vulnerability diagnoses, so that they can continue to be implemented, thus making it possible to evaluate and develop adaptation plans. Analysis of exposure to physical climate hazards will also be extended to the Group’s recent acquisitions. Alongside these diagnostics, the Group carried out a study in the South of France on the health and medical impact of heatwaves on teams. The Group has already put the following systems in place: ● operational risk management systems with business continuity plans; ● appropriate building standards and layout of facilities; ● regular inspection of buildings and equipment; ● adjustments to working conditions and hours to protect the health and safety of employees; ● subscription to weather warning systems; ● hurricane protection rooms; ● heatwave programs. In 2024, adaptation to climate change was added to the criteria used in the project evaluation process by investment committees. 54 - 2024 ACTIVITY AND SUSTAINABILITY REPORT
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