Involvement in Policy and Regulatory Changes
GDF SUEZ closely monitors major changes in energy policy in order to be prepared, adapt its development strategies, and defend its interests. Some examples of this can be found in the following directives and regulatory mechanisms.
The Climate-Energy Package
Adopted in 2009, this sets guidelines up to 2020 for European policies in the fight against climate change. It specifies multiple objectives within this timeline:
- 20% reduction in greenhouse gas (GG) emissions from 1990 levels,
- 20% of final energy consumed to come from renewable sources,
- 20% increase in energy efficiency by 2020.
This directive brings together various pieces of legislation:
- The EU Renewable Energy Directivewhich sets a target of 20% for consumption of renewable energy by 2020, distributed among the Member States, including a common target of 10% renewable energy in transportation.
- The EU Emissions Trading Directivewhich sets GG quotas for the period 2013-2020, requiring sectors concerned to reduce their emissions by 21% from 2005 levels by 2020.
- The directive on CO2 capture and storage (CSC) which sets out a legal framework for deploying CSC facilities in Member States.
- The directive on the energy efficiency of buildings.
The European Union REACH regulations (Registration, Evaluation, Authorization and Restriction on Chemicals) of July 1, 2007, requires all legal entities that manufacture or import chemical substances into Europe to register them before manufacturing and/or marketing them. The Group is affected as a user of chemical products and as a manufacturer.
In order to educate its European employees regarding the new REACH regulations for managing chemical risk, the Group has created online training modules in several languages. It has also launched initiatives aimed at its suppliers.
Grenelle de l’Environnement
The Grenelle de l’Environnement brought together state and corporate representatives for the first time to define commitments in favor of ecology and sustainable development. GDF SUEZ has been a committed player in constructing the Grenelle measures, developing for example the 2010 thermal regulations for new buildings.