With estimated revenue of €4.5 billion in 2024, Roquette operates in nearly 150 countries and develops plant-based ingredients and pharmaceutical solutions. The company processes agricultural raw materials into products used in food, medicine and other bio sourced applications.
Given the increasing volatility linked to climate change, Roquette commissioned AXA Climate to evaluate its production and storage facilities, logistics network and key raw materials for exposure to climate risks.
The assessment aligns with the European Union’s Corporate Sustainability Reporting Directive, or CSRD, which requires companies to report on sustainability risks, including those related to climate. AXA Climate’s evaluation used two scenarios developed by the Intergovernmental Panel on Climate Change, or IPCC, projecting global temperature increases of 2.7°C and 4.4°C by 2100. The work involved expertise from various fields, including climatology, agronomy, hydrology, data analysis and industry-specific knowledge.
According to the company, the key risks identified through the assessment include increased frequency of droughts and heatwaves in critical sourcing regions, as well as greater exposure to extreme weather events such as floods and storms that could impact Roquette’s logistics and industrial operations over the long term.
In response, Roquette and AXA Climate have outlined a medium- and long-term adaptation strategy. This includes measures such as improved water resource management to support production sites during drought conditions, enhancing security of raw material supply chains and a reduction in logistical vulnerabilities. The plan also includes a climate-focused governance model to support future decision-making.
Eva Rivière, agri-transition consultant at AXA Climate, said the project highlights the importance of developing adaptation strategies rooted in operational realities. Jean-François Herlem, climate transition leader at Roquette, added that the collaboration allowed the company to map out its risk exposure and improve its preparedness for various climate scenarios.
