Connantre, a major player in France’s “Grand Est” region
How does the site contribute to the local economy?
Tereos operates in many rural areas of France, participating in the local economy and increasing the appeal of the regions.
In 2019, the Group continued to conduct its “Local Impact” study, which aims to measure the socio-economic impact of its sites on their surrounding areas. Following Bucy-le-Long, here is the result of the study conducted at the Connantre site, Tereos’ biggest sugar factory. The study was undertaken in collaboration with Utopies, a firm specializing in Corporate Social Responsibility (CSR).
Local Impact: a multi-faceted study
Learning about the local impact of a site enables us to not only gain a better understanding of the company’s direct contributions into the local economy (salaries, purchases and expenditure, taxes paid etc.), but also to quantify these flows. This study highlights the direct (number of Tereos employees), indirect (purchases from its chain of suppliers) and induced impacts of a plant (consumption and expenditure by the site’s employees and suppliers, and public administration expenses).
“Beyond our impact in the agro-industrial sector, this study allows us to measure our economic and social impact in a very precise way at a national, regional and departmental level. For example, the results reflect the positive impact of our presence on the job market: for each Tereos job created, nine others are created in France, almost half of which are in the Grand-Est region comprising Alsace, Champagne, Ardenne and Lorraine. Using these figures, we will be able to highlight our socio-economic impact to our stakeholders and determine the actions that will be implemented in terms of recruitment, investment, etc.” explains Vincent Batteux, Connantre’s plant manager.
See Connantre’s local impact in an infographic: