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21
Apr
2016

Engie mobilizes to post COP21

Group Head of Environmental and Social Responsibility Anne Chassagnette addressed the French National Assembly on March 30, 2016 as part of a roundtable session focusing on the post-COP21 period. ENGIE was invited to contribute as a private-sector stakeholder and comment on proposals for the initiatives that France could support during the year. We highlight the flagship positions adopted by the Group.

As a leader in the energy transition, ENGIE has made the fight against global warming one of its priorities for action.

"ENGIE is delighted at this recognition of the role played by public-sector stakeholders at COP21, and more specifically (…) the role played by companies, investors and private citizens (…). ENGIE is well aware of the role it has to play in combating climate change and has set itself a series of ambitious targets. We are now working to go even further and achieve a 10% reduction in CO2 emissions per kWh generated by 2020(…). We have also exceeded the goal we set ourselves by increasing our power generation capacity from renewables by 60% between 2009 and 2015, against our original target of 50%," said Anne Chassagnette during her presentation to the National Assembly.

ENGIE monitored the COP21 climate negotiations very closely, and has warmly welcomed the directions set in the Paris Agreement, especially the inclusion of a strong generalized carbon price signal as an encouragement to companies to invest in low-carbon technologies.

Anne Chassagnette reminded her audience of the strong climate commitments made by ENGIE, which include:

  •     The development of new offers tailored to the issues faced by individual regions
  •     The development of new gas solutions, such as biogas and the road and sea transportation of Green Natural Gas (GNG).

Aware of its responsibility and the major role it plays in the transition to a low-carbon economy, the Group has identified the actions needed to make the climate agreement targets a reality:

  •     Continuing to consolidate the key topics identified at COP21 and keep up the impetus on commitments (working alongside the World Bank, supporting European reforms, etc.)
  •     Strengthening initiatives to redirect funding towards investment that will deliver carbon reductions (Green Fund and access methods)
  •     Continuing to promote dialog between companies and governments, as is already the case with the Business Dialogue, in order to facilitate the introduction of a framework to encourage the rollout of low-carbon solutions.
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