Our commitments for the climate

ENGIE, a world leader in energy transition

ENGIE is a global energy player, focused on renewable energies and decentralized low-carbon energy infrastructures, supporting the decarbonization of its customers. Thanks to our industrial approach and guided by our raison d'être, we are uniquely positioned to build tomorrow's low-carbon energy system and meet the challenges of climate change. 

ENGIE’s business model is based on 4 core businesses to build tomorrow’s low-carbon energy system and achieve the Net Zero Carbon target by 2045 for the Group and its customers.

Thanks to an action plan, supplemented by objectives, operational KPIs and international commitments, which are the subject of detailed reporting, we have significantly reduced our greenhouse gas (GHG) emissions: in 2024, compared to 2017, our greenhouse gas emissions (scopes 1, 2 and 3) fell by 41%.

We have also accelerated our strategic repositioning, focusing on our low-carbon business and helping our customers to use less and greener energy.

Our carbon footprint for 2024

ENGIE's carbon footprint on its 3 scopes (1,2 and 3) amounts to 157 Mt CO₂ eq. in 2024. This represents a reduction of 104 Mt CO₂ eq. since 2017, i.e. a 41% reduction.

Our objectives for reducing our carbon footprint

The Group has set itself ambitious objectives for 2030, in order to materialize its ESG commitments by that date.

ENGIE becomes more ambitious and renews its objectives through the update of its climate strategy: “Say on Climate”.
The update of the Group's climate strategy:

• Confirms ENGIE's Net Zero 2045 objective for all its emissions (scope 1, scope 2, scope 3)
• Reinforces ENGIE's 2030 targets, with new milestones 2035 and 2040

See the Say on Climate targets

Here is a summary of the operational levers for action to achieve Net Zero Carbon by 2045:

Reducing and sequestering our greenhouse gas emissions to achieve carbon neutrality

ENGIE is aiming for carbon neutrality for all its direct and indirect greenhouse gas emissions . In addition, the Group has set a target for avoided or reduced emissions from its customers.

Decarbonizing customers through ENGIE services

Regarding its customers, the Group is committed to a program to reduce greenhouse gas emissions, with a 2030 target of 65 to 85 Mt of CO₂ eq. avoided each year. 
To reach this target, the Group is aiming to support its customers through offers based on energy efficiency, energy sobriety, and energy demand flexibility.

The 2024 results for this objective are presented below

Reducing our methane emissions 

The Group is targeting a reduction in methane emissions from its gas infrastructures (transport, distribution, storage and LNG terminals) linked to venting (planned and unplanned), flaring and fugitive emissions. In 2024, the Group's methane emissions amount to 1 Mt CO₂ eq. 
The year 2024 marked a major step forward in Latin America, with the Group's entities Mejillones in Chile, TAG in Brazil, and the DSO and TSO in Mexico joining OGMP 2.0 (Oil & Gas Methane Partnership), an initiative led by the United Nations Environment Program to minimize methane emissions and share an internationally recognized reporting framework. They joined the Group's French (GRDF, NaTran, Elengy, and Storengy) and Romanian (Distrigaz Sud Retele) entities already committed to this initiative.

In addition to the commitments made by these entities, ENGIE has set itself the overall target of reducing methane emissions from its consolidated global gas networks (transport, distribution, LNG terminals and storage) by 50% between 2017 and 2030.

Find out more

Mitigating our emissions through effective management tools

In order to achieve its CO₂ emissions reduction targets, the Group has developed dual capital financial and carbon accounting and begun a transformation that has enabled it to shift from a reporting approach to a performance management approach, thus carrying out large-scale operational change. To this end, ENGIE has developed management tools for both long-term strategic projections (CO₂ targets and CO₂ Medium-Term Plan (MTP)) and investment decisions, and for infra-annual operational management (CO₂ Quarterly Business Reviews (QBR)).

See the Group's climate change mitigation actions

Finally, ENGIE's efforts to combat climate change also involve responsible lobbying.

Adapting to the consequences of climate change and preserving nature and biodiversity

ENGIE's adaptation plan aims to reduce the exposure of the Group's assets and activities to the physical risks associated with climate change. 

Adaptation: prepare resilience by mobilizing all existing processes 
Climate change is already having numerous impacts on the energy sector, particularly with regard to asset integrity, the changing energy supply-demand balance and employees health. Alongside climate change mitigation efforts, ENGIE is therefore rolling out a process of climate change adaptation, in order to increase the resilience of its assets and operations. Analyses are carried out based on several medium- and long-term climate change scenarios (RCP 4.5 and RCP 8.5 for 2030, 2050 and 2070).

1. Model climate change: To reach a better understanding of climate change and its impacts on ENGIE, a partnership with the Institut Pierre Simon Laplace has been signed. The goal is to model, as precisely as possible, future trends in energy generation as a function of the IPCC climate change scenarios (RCP 4.5 and RCP 8.5) as well as the impact of extreme events on all the Group’s technologies in the different regions of the world. 
2. Ensure the resilience of the Strategy: The impact of climate change on the Group’s strategy is also studied as part of a country-by-country approach or through an analysis of the major climate regions that are of interest to ENGIE. The Group examines this impact according to four main factors: country risk, the value of existing assets, the strategic objectives for 2030 and strategic challenges specific to the countries studied in the context of the broad spectrum of IPCC climate scenarios (RCP 2.6, RCP 4.5 and RCP 8.5). 
3. Ensure the resilience of our sites: Physical risks linked to climate change are now part of the Group’s ERM (Enterprise Risk Management) process. Various risks are studied: 
   • changes in production / energy demand; 
   • the integrity of assets and local supply chains in relation with the evolution of extreme events ; 
   • the health of employees, particularly because of changes in thermal stresses. 
   • the global portfolio of the supply chain for fuel, products and services. Ensure the resilience of our new projects 
4. Ensure the resilience of our new projects: Adaptation to the physical risks of climate change is embedded in the Group’s investment process. Before any new investment, a sensitivity analysis has to be carried out on changes in energy generation or demand, as well as the evolution of extreme events, as part of the new project development process.

See the Group's actions on adapting to climate change

Furthermore, as the preservation of biodiversity and the fight against climate change are intrinsically linked, and as its activities interact permanently with natural ecosystems, ENGIE is pursuing a proactive policy to reduce and control its footprint on biodiversity. Since 2012, the Group's strategy has been based on a cross-cutting approach - avoid, reduce, compensate.

Climate rating and certification

• The objectives of ENGIE's transition plan have been certified “well-below 2°C” since 2023 by SBTi².
• The Group is also 1.5°C-aligned by 2030 by the Transition Pathway Initiative (TPI).
• ENGIE is rated NZ-2 by Moody’s, corresponding to an ambition aligned with a 1.5°C trajectory and a solid level on target implementation.
• ENGIE received an A- rating on the latest CDP Climate questionnaire.

Read more

See the Group's rating history

1. Paris Agreement or COP21: in 2015, the United Nations Climate Change Conference held in Paris concluded with an initial agreement to limit the temperature increase to 2° C and, wherever possible, to move towards the objective of 1.5° C compared to the pre-industrial era. The text considers the needs and means of the signatory countries. It is sustainable over time with ambitions that can be revised upwards from time to time.

2. SBT or SBTi: the Science Based Targets initiative is a set of methodologies which make it possible to confirm on a scientific basis that the GHG emissions trajectory of a given organization is compatible with the objective of limiting the average global temperature increase to 2° C or 1.5° C. Some of these methods make use of the notion of a carbon budget divided between different economic sectors. SBTi is particularly interested in the energy sector, which accounts for a significant share of global greenhouse gas emissions and is closely linked to other industrial sectors.