An early commitment to protecting the climate
For the past 15 years or so, our Group's actions have been part of the fight against climate change. This commitment was given new impetus in 2015 with the implementation of an action plan, supplemented by international objectives and commitments and subject to detailed reporting. Since then, we have substantially reduced our greenhouse gas (GHG) emissions. We have done this by making radical strategic changes, focusing on our low-carbon activities and helping our customers consume less energy, greener energy and achieve greater comfort. The model covers the three areas of sustainable value creation: People, Planet, Profit.
As a result, we reduced our CO2 equivalent emissions by 56% between 2012 and 2018 and in 2019, 93% of our activities were low-carbon.
- Adoption in 2014 of an ambitious objective to reduce the carbon intensity of our electricity production by 20% by 2020.
- Promotion of the most efficient and virtuous technologies (energy efficiency, condensing boilers, heat pumps, renewable energy, etc.).
- Involvement in the construction of the international framework for the fight against climate change through joining and supporting initiatives such as the World Bank’s Prototype Carbon Fund, Caring for Climate (United Nations Global Compact) or the Task Force on Climate-related Financial Disclosures (TCFD*).
- Support for initiatives to develop carbon prices (Carbon Pricing Leadership Coalition, WEF Climate Leaders, ETS Strengthening for a Better Price Signal, Quinet Commission in France, etc.) and adoption in 2015 of an internal carbon price that facilitated the phasing-out of coal activities.
- Improved reporting quality and transparency.
- Continued long-standing climate dialogue with NGOs and more recent dialogue with investors.
"Climate change is a major challenge for the Group. This has become a business issue that feeds its service offerings and future value creation. Supported by the growing involvement of its consumers and stakeholders, as well as by the recommendations of financial players and the TCFD, the Group is now well on its way to reconciling financial performance and CSR."
Anne Chassagnette Group Director of CSR and CEO of the Rassembleurs d’Énergies impact investment fund
Our 2030 objectives for reducing our carbon footprint
With the target of commissioning 9 GW of renewable energies from 2019 to 2021 now fully secured, along with the rapid phasing-out of our coal activities, our business model is changing quickly, in line with our purpose.