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LISI 2016 FINANCIAL REPORT

101

Notable investments include:

the improvement of waste-water discharges – Bar sur Aube –

€619,000;

oil filtration system – Saint-Ouen l’Aumône – €316,000.

2.1.4

I

The amount of provisions and guarantees

for environmental risks, provided that such disclosure

is not likely to cause serious harm to the Company

in an ongoing dispute

The consolidated amount of HSE risk provisions by division is as

follows:

Division

Amount of HSE provisions 2016

LISI AEROSPACE

€6,768,000

LISI AUTOMOTIVE

€340,000

LISI MEDICAL

€212,000

LISI

€1,376,000

TOTAL

€8,696,000

2.2

I

POLLUTION AND WASTE MANAGEMENT

2.2.1

I

Measures to prevent, reduce or repair emissions

to air, water and soil that seriously affect the environment

LISI closely monitors the direct impact its direct production sites may

have on the environment. The best technology is sought to reduce the

environmental footprint and to anticipate potential regulations.

The surface treatment lines generally benefit from these technologies

because their atmospheric emissions and wastewater discharges may

affect the surrounding environment if they are not controlled.

All the industrial sites in the LISI Group were certified to ISO 14001,

apart from the Business Group Forging & Casting acquired in 2014.

Therefore, a detailed analysis of the environmental impact, the

so-called “Environmental Analysis”, is carried out by each of them. To

maintain this certification, the sites must implement actions to reduce

the environmental footprint of those activities or tasks identified as

the most significant.

2.2.2

I

Measures to prevent, recycle, and eliminate waste

The waste production indicator is, for 2016, 57.29 kg of waste for

€1,000 of added value.

Moreover, the portion of waste sorted is still very high, 95.7%, increasing

compared with 2015. The remaining portion concerns domestic waste

generated by production-related activities (toilets, cafeterias, etc.).

The LISI AUTOMOTIVE division is the largest producer of waste. This

is due to the large quantities of materials used and produced. But it is

also the division that best sorts its waste, with 96.7% of waste sorted.

LISI AEROSPACE sorts 94.5% of its waste.

The LISI MEDICAL division, in turn, only accounts for 1.3% of the waste

produced.

The production plants principally generate metallic waste (54% of

the total quantity of waste produced). These are sold for recycling.

Dangerous waste sorted, which represents 32% of the total quantity

of waste, is removed via authorized channels that abide strictly by

applicable regulations.

2.2.3

I

Taking into account noise and other forms

of pollution specific to an activity

The LISI Group’s sites follow and record all complaints whether

comments, formal or informal, official or not issued by stakeholders.

Thus, 11 complaints were recorded throughout the Group’s sites. The

majority are related to neighborhood disturbances arising from noise

generated by certain of our sites. Each complaint receives a reply

written or otherwise sent to the party concerned.

2.3

I

SUSTAINABLE USE OF RESOURCES

2.3.1

I

Water consumption and water supply according

to local constraints

Water is little used in the manufacturing processes implemented at

the sites. It is mainly involved in parts washing and surface treatment.

However, most process waters are recycled.

All these efforts enable water consumption to be maintained at 1.22 m

3

for €1,000 of added value.

2.3.2

I

The consumption of raw materials and the

measures taken to improve the effectiveness of their use

The LISI Group is very cautious about the consumption of rawmaterials

and works to optimize the use of these resources.

The manufacturing sites primarily use metals, and to a lesser extent

plastics.

Metal work is done mainly by deformation cold forging and hot

stamping causing no loss of material aside from adjustments. More

sites work daily to optimize their material resources (waste reduction,

SMED to reduce losses during adjustment phases, etc.). Finally,

the waste generated by the final stages of production (machining,

sharpening) are sorted and sent for 100% materials recovery.

Corporate social responsibility

6