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109

LISI 2015 FINANCIAL REPORT

CORPORATE SOCIAL RESPONSIBILITY

(raising of temperature, etc.). So that a dip in production

does not translate directly into an immediate drop in energy

consumption. This explains the differences between the

divisions.

LISI improved its consumption to 0.650 MWh for €1,000 of

added value (0.564 MWh for €1,000 of added value excluding

Manoir). In 2016, the divisions will draw up an energy reduction

and management plan in order to reduce our energy footprint.

2.4

/

CLIMATE CHANGE

2.4.1 Emissions of greenhouse gases

In 2011, LISI produced an assessment of the greenhouse gas

emissions of its legal entities with more than 500 people in

France.

Hence, the emissions in CO2 of Greenhouse Gas equivalent

represented 2,276 metric tons for Blanc Aero Industrie, 2,348

metric tons for Creuzet, 5,542 metric tons for Indraero and

15,606 metric tons for Former, namely a total for these entities

of 25,772 metric tons.

The analysis in the report shows that themain source of release

of Greenhouse Gases is related to energy consumption.

This confirms LISI's general action to reduce its carbon

footprint through its energy consumption.

.

3

/ SOCIETY-RELATED ISSUES

3.1

/

TERRITORIAL, ECONOMIC AND SOCIAL IMPACT

OF THE COMPANY'S BUSINESS

The LISI Group is firmly rooted in France, particularly in

Franche Comté. Indeed, of the Group's 43 production sites, 19

are located in France (49%) of which 5 in Franche-Comté, the

Company's birthplace. These 19 French sites represent 58% of

the workforce.

At foreign sites, the vast majority of employees come from the

local population, thus contributing to the development of the

local economic and social fabric.

The LISI Group includes in total 17 expatriates and 1 impatriate

out of its 10,923 employees, or a very small proportion, which

demonstrates that the sitesmainly employee people originating

from the local population. Expatriates are mostly managers,

which also ensures compliance with Group's operating rules.

3.2

/

RELATIONSHIPS WITH PERSONS OR

ORGANIZATIONS INTERESTED IN THE

COMPANY'S BUSINESS

3.2.1 The conditions for dialogue with those persons and

organizations

The international standards ISO 14001 and OHSAS 18001 have

as one of their basic principles, dialogue with the Interested

Parties. LISI has based its system of environmental, health, and

safety management on these standards.

Thus, individuals and/or organizations interested in the

Company's business have been identified by the sites, as well

as their expectations. All requests receive are subject from the

sites.

3.2.2 Partnership and sponsorship activities

The LISI Group is a major economic player in all areas where it

operates. It thus contributes to local employment and to local

and regional development. A significant number of employees

also contribute to the dynamismof associations, clubs, clusters,

networks and other professional organizations.

Such professional organizations include the GIFAS (the Group

of French Aerospace Industries) for LISI AEROSPACE, AFFIX

(Association of Manufacturers of Mechanical Fasteners) and

DSV (Deutsche Schraubenverband) for LISI AUTOMOTIVE and

SNITEM (National Union of the Industry of Medical Technology)

for LISI MEDICAL.

LISI is also regularly involved in networks to help 2nd and

3rd level suppliers develop by sharing best practices in terms

of industrial excellence, as is the case, for example, with the

Vehicle of the Future Segment (segment of excellence in the

automotive industry) or the Club of CEOs of the South.

In addition, LISI encourages local partnerships and exchanges,

particularly the development of close relationships with

schools, universities and the top colleges (Engineering,

Management, etc.) in order to anticipate, for each division, the

future requirements in terms of employment and skills.