Citizens as committed consumers and agents of change
In the face of the global ecological challenge and the sheer weight of mankind's impact on the climate, on resources, and on biodiversity, all stakeholders are taking action, from governments to citizens and from cities to businesses. Indeed, France and Europe have placed the energy transition at the heart of their post-pandemic recovery. Carbon neutrality by 2050 has been announced as an official target by almost 70 countries, including those in the European Union. Meanwhile, companies and individuals are paying increasing attention to their consumption patterns.
The energy sector is fully engaged in this environmental transition, by reducing its own CO2 emissions, by developing renewable energies, and also by promoting greener consumption patterns for consumers.
Green consumption, local consumption
As the leading supplier of wind and solar energy in France, ENGIE already offers in this country an energy mix composed of over 70% renewables. To meet expectations and give consumers the means to take action for the planet and to make better consumption choices every day, we are developing zero-carbon energy supply and energy consumption management solutions for our private customers.
At ENGIE in France, all our new electricity contracts include green electricity: for every kWh of electricity used, the equivalent in renewable electricity is injected into the grid.
And to go even further, we offer our private customers who wish to make a greater commitment to a local, environmentally-friendly approach electricity supplied from 100% hydropower or wind sources, all from generation plants based exclusively in France.
ENGIE's Net Zero Carbon target
In light of the massive impact of climate change, and guided by its corporate purpose and its strategy, ENGIE presented its increased climate ambition in the first half of 2021. Our concrete actions translate our commitment to step up the transition to a carbon-neutral economy, because the Group has pledged to achieve Net Zero Carbon for all its activities by 2045.
To meet this ambitious target, we will allocate almost 45% of our growth investments to Renewables by 2023, and install additional annual capacity of 3 GW in 2021, then 4 GW/year from 2022 to 2025, and 6 GW from 2026.
"Our customers are at the heart of the energy transition. By adapting their energy consumption, they contribute, each in their own way, to the fight against global warming. It is ENGIE's ambition to accompany them in this transition by providing answers tailored to each need by using a personalized approach" said Sébastien Arbola, EVP, in charge of Thermal Generation, Hydrogen and Energy Supply activities.
Our new strategy
Our 2021 Integrated Report