The extra-financial performance of the Group
Rexel s CSR performance is widely recognized, as shown by its presence in multiple CSR indices
and its voluntary commitments.
CSR INDICES OTHER INTERNATIONAL INITIATIVES
SCIENCE BASED TARGETS INITIATIVE (SBTI)
STOXX® GLOBAL ESG ENVIRONMENTAL LEADERS
DOW JONES SUSTAINABILITY INDEX
2020 CDP SUPPLIER ENGA- GEMENT LEADERBOARD
ECOVADIS GOLD LEVELEURONEXT VIGEO EUROPE 120
EURONEXT VIGEO EUROZONE 120
FTSE4GOOD
2021 GLOBAL 100 INDEX
S&P GLOBAL SUSTAINABI- LITY YEARBOOK 2021
In order to strengthen its commitment to reducing its greenhouse gas (GHG) emissions, Rexel successfully completed on April 27, 2021, an offering of ¤300 million of Sustainability-Linked Notes, linked to the reach of its greenhouse gas emission reduction targets. Rexel obtained the best interest rate in its history, at 2.125%, which will be increased by 25 basis points as of June 2024 if the Group has not met the intermediate targets by the end of 2023, the relevance and ambition of which have been assessed as advanced by the independent CSR expert Vigeo Eiris:
23% reduction in GHG emissions related to the consumption of products sold, per euro of turnover (scope 3) by 2023 compared to 2016.
23.7% reduction in GHG emissions related to energy consumption in its operations (scope 1 and 2) by 2023 compared to 2016. The success of this Sustainability-Linked Bond offering confi rms investors confi dence in Rexel s commitments and determination to continuously improve its environmental performance, and led the Group to complete a ¤100 million tap issue on Additional Notes on May 7, 2021.
Rexel is linking its fi nancing conditions to the achievement of its direct and indirect GHG emissions-reduction targets.