Axa Climate is working with Roquette to help the France-based manufacturer assess its production and storage sites, logistics routes and critical raw materials against climate risks.

Axa's climate adaptation subsidiary will analyse the medium- and long-term climate challenges facing Roquette’s value chain, building a CSRD-compliant adaptation plan.

With annual revenues of around €4.5bn in 2024, the Roquette group is present in nearly 150 countries. Roquette processes raw materials of plant origin to develop high-performance ingredients and solutions used in everyday foods, oral medications, biopharmaceuticals and biosourced products.

In line with the regulatory analysis framework defined by the European Corporate Sustainability Reporting Directive, Axa Climate carried out an in-depth diagnosis of the climate risks weighing on Roquette's operational resilience. This assessment drew on a wide range of in-house expertise comprising climatologists, agronomists, hydrologists and data analysts on the basis of two Intergovernmental Panel on Climate Change climate scenarios, projecting global warming of 2.7°C and 4.4°C respectively by 2100.

The main challenges identified include the intensification of droughts and heat waves in certain key supply zones, and the worsening of extreme weather phenomena, such as floods and storms, likely to affect the group's logistics and industrial infrastructures in the long term.

The two organisations then drew up an adaptation plan that includes, among other things, optimised management of water resources to strengthen the industrial base in the face of the potential risk of drought, securing supplies of strategic raw materials and reducing critical logistical dependencies, as well as an adapted climate governance structure to support strategic decisions.

“This close collaboration with Roquette's teams illustrates a shared conviction: adaptation to climate change is built on the ground, as close as possible to operational realities,” said Eva Rivière, agri-transition consultant at Axa Climate. “For Axa Climate, this project was an opportunity to prove the solidity of its model and its ability to provide advice to companies that have become aware of the need to adapt to global warming, in a sector that is heavily impacted.”

Roquette’s climate transition leader, Jean-François Herlem, added: “By combining Axa Climate's expertise with our teams' knowledge of the field, we were able to draw up a precise map of our medium- and long-term operational risks. This collaboration now enables us to anticipate the various possible scenarios more accurately and to better prepare our response to climatic events.”

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