Roquette, a global leader in plant-based ingredients and pharmaceutical solutions, has partnered with AXA Climate to assess its exposure to climate-related risks across its operations. The company, which operates in nearly 150 countries with an estimated €4.5 billion revenue in 2024, processes agricultural raw materials into products for food, medicine, and other bio-sourced applications.
The assessment, commissioned by Roquette, aligns with the European Union’s Corporate Sustainability Reporting Directive (CSRD), which mandates companies to report on sustainability risks, including climate-related risks. AXA Climate used two IPCC-developed scenarios projecting global temperature increases of 2.7°C and 4.4°C by 2100 to evaluate Roquette’s production and storage facilities, logistics network, and key raw materials.
Key Findings and Adaptation Strategy
The assessment identified key risks including increased frequency of droughts and heatwaves in critical sourcing regions, and greater exposure to extreme weather events like floods and storms that could impact Roquette’s logistics and industrial operations. In response, Roquette and AXA Climate have outlined a medium- and long-term adaptation strategy.
Measures include:
- Improved water resource management to support production during droughts
- Enhanced security of raw material supply chains
- Reduction in logistical vulnerabilities
- Implementation of a climate-focused governance model for future decision-making
Eva Rivière, agri-transition consultant at AXA Climate, emphasized the importance of developing adaptation strategies rooted in operational realities. Jean-François Herlem, climate transition leader at Roquette, noted that the collaboration helped map out risk exposure and improve preparedness for various climate scenarios.
This partnership demonstrates Roquette’s proactive approach to managing climate-related risks and its commitment to sustainability reporting in line with EU directives.
