The world of tomorrow
What will “the world of tomorrow” look like? Rexel is convinced that the ecological transition of society is a powerful driver for building a more resilient and responsible world for all. In many countries, the Covid-19 pandemic revealed people’s will to accelerate this transition: 72% of the French consider environmental challenges to be at least as important as those related to the health crisis (source: “Building a sustainable recovery,” BCG and EpE, 2020).
Even before this crisis, finding solutions for decarbonizing the global economy was an imperative. To achieve this, we need an ambitious vision of what a zero-carbon economy could look like and what actions those committed to this approach could take.
In 2019, the association Entreprises pour l’environnement (EpE) published a study involving 27 companies, including Rexel: “Zen 2050” investigates the feasibility of achieving carbon neutrality by 2050. This bold and original study merges the physical, technical, economic and sociologic dimensions of the transition to a decarbonized world. It describes the daily life of families living in 2050 in this Net Zero Emissions economy. While identifying the conditions for success, it concludes with proposals of short-term actions integrating the economic and social dimensions of this transformation.
The same year, Rexel and 100 French companies confirmed the need for a collective change of course in order to fight climate change. Gathered under the French Business Climate Pledge banner, they committed to allocating at least €73bn between 2020 and 2023 to industrial and R&D investments aimed at reducing greenhouse gas emissions.
The crisis did not diminish Rexel’s ambition to turn the ecological transition into a major driver of sustainable development for all. In May 2020, over 90 CEOs, including Rexel’s, Patrick Berard, called for a paradigm shift, using environmental issues to power the economic recovery. In the short and medium term, the potential means of creating employment opportunities and generating a positive impact on the environment have been identified: retrofitting existing housing and buildings and developing carbon-free mobility and renewable energy storage solutions.
In order to contribute to the post Covid-19 economic recovery and lay the foundation for a resilient and sustainable economy, Rexel is focusing in particular on the digital transformation of its activities and guiding its customers toward the adoption of the most efficient solutions.
The extra-financial performance of the Group
The Group’s CSR performance is widely recognized, as shown by its presence in multiple CSR indices and its voluntary commitments:
CSR IndicesDOW JONES SUSTAINABILITY INDICESRexel has moved up two places, topping the list of European companies and ranking among the sector’s top five global companies.
EURONEXT VIGEO EIRIS EUROZONE 120
EURONEXT VIGEO EIRIS EUROPE 120
STOXX® GLOBAL CLIMATE CHANGE LEADERS INDEX (BASED ON THE CDP “A LIST” DATABASE)
Other international initiatives« CLIMATE CHANGE A LIST » OF THE CDP (CARBON DISCLOSURE PROJECT)
ECOVADIS GOLD LEVELWith a score of 71/100, Rexel ranks among the top 5% of the companies evaluated by EcoVadis globally and the top 1% in its sector.
SCIENCE BASED TARGET INITIATIVE (SBTI)