La Française de l'Énergie (FDE) Improves its Gaïa Research Rating in 2023

PONTPIERRE, France--(BUSINESS WIRE)--Regulatory News:

FDE (Euronext: FDE - ISIN: FR0013030152) (Paris:FDE), a carbon negative energy producer, announces the publication of its new Gaïa Research rating, which assesses the ESG (Environmental, Social and Governance) performance of companies listed on European markets, and the Group maintains its leadership among SMEs in the energy sector.

Gaïa Rating is the benchmark rating agency for listed French mid-sized companies. Ratings are based on over 170 extra-financial criteria covering environmental, social, governance and external stakeholders.

Constantly improving ESG performance

FDE obtains an overall rating of 65/100, an excellent Gaïa Research rating from the EthiFinance group (according to the new methodology developed in 2022), highlighting the Group’s environmental and social policy.

This rating confirms the Group's commitment to social issues and the fight against climate change.

Julien Moulin, Chairman of FDE, comments: "CSR issues are at the heart of the Group's mission to accelerate the reduction of the carbon footprint of the territories in which we operate and promote local development. FDE, the only listed European energy company with a negative carbon footprint, is very proud that its ESG rating by Gaia Research confirms its strong and forward-looking contribution to the collective goal of carbon neutrality".

At the same time, FDE continues to strengthen its position in decarbonated energies, such as natural hydrogen and hydrogen produced from Lorraine gas and combined with CO₂ capture. To this end, on March 7^th, 2024, the Group will present details of its hydrogen development plan for Lorraine.

FDE confirms its FY 2026 objectives of annual revenues of more than €100 million, and an EBITDA above €50 million, combined with over 10 million tons of CO₂eq emissions avoided per annum

Next dates :
Sales for the 1st half of fiscal year 2024: January 24^th, 2024
Presentation of development in Lorraine: March 7^th, 2024

Reuters code: FDEL.PA

Bloomberg code : FDE.FP

About La Française de l’Énergie (« FDE »)
FDE is a negative carbon footprint energy Group, specialized in the implementation via short circuits, of energy recovery and production sites, allowing the reduction of greenhouse gas emissions. FDE notably supplies regional players with gas, electricity, heat and CO₂, thus replacing imported energy with local, cleaner energy. FDE has strong development potential and aims to become a leading independent player in the energy sector in Europe by Bpifrance.
More information available on www.francaisedelenergie.fr

Disclaimer
This press release contains certain forward - looking statements and estimates concerning LFDE’s financial condition, operating results, strategy, projects and future performance and the markets in which it operates. Such forward-looking statements and estimates may be identified by words such as “anticipate,” “believe,” “can,” “could,” “estimate,” “expect,” “intend,” “is designed to,” “may,” “might,” “plan,” “potential,” “predict,” “objective,” “should,” or the negative of these and similar expressions. They incorporate all topics that are not historical facts. Forward looking statements, forecasts and estimates are based on management’s current assumptions and assessment of risks, uncertainties and other factors, known and unknown, which were deemed to be reasonable at the time they were made but which may turn out to be incorrect. Events and outcomes are difficult to predict and depend on factors beyond the company’s control. Consequently, the actual results, financial condition, performances and/or achievements of LFDE or of the industry may turn out to differ materially from the future results, performances or achievements expressed or implied by these statements, forecasts and estimates. Owing to these uncertainties, no representation is made as to the correctness or fairness of these forward-looking statements, forecasts and estimates. Furthermore, forward-looking statements, forecasts and estimates speak only as of the date on which they are made, and LFDE undertakes no obligation to update or revise any of them, whether as a result of new information, future events or otherwise, except as required by law.