21.04.2021

Eiffage publishes its second climate report and commits to the 1.5 °C trajectory

Eiffage today published its second climate report, compiled according to TCFD (Task Force on Climate-related Financial Disclosures) guidelines that sets out the physical and transition risks linked to climate change for companies’ business model, as well as the business opportunities inherent in a low-carbon economy.
 

 

The Group is enhancing the commitments it made in 2020 with the publication of its first climate report:

  • aligning with the 1.5 °C trajectory based on the Science-Based Targets initiative (SBTi);
  • taking a more consistent approach to this commitment by applying the same target to all Eiffage business lines without exception.

 
For over a decade, Eiffage has been working extensively on its social and environmental responsibility strategy, and in 2019, set itself two complementary goals:

  • to lead by example with its own internal emissions, which the Group can act upon directly;
  • to draw upon all its expertise, core businesses, and research and development capabilities to offer innovative low-carbon and zero-carbon solutions to significantly reduce emissions linked to its customers’ projects.

 
The Group therefore intends to reduce its Scope 1 and 2 emissions by 40% by 2030, based on its greenhouse gas emissions in the baseline year 2019. In said baseline year 2019, Scope 3 upstream emissions represented 85% of all Contracting divisions’ greenhouse gas emissions in France. Eiffage has confirmed an ambitious commitment to reduce its Scope 3 upstream emissions across all business lines combined by at least 30% by 2030. This goal can only be achieved through strong cooperation from the Group’s recurring suppliers of goods and services.
 
In the 2021 climate report, the Group evaluates the impact of each of its business lines and shares their respective operational action plans for limiting their environmental damage, including to biodiversity.
 
Benoît de Ruffray, Chairman and CEO of Eiffage, says, “To build sustainable cities and infrastructure that are perfectly environmentally friendly and compatible with the needs of calm and cohesive societies: that is the noble and exciting cause I invite you all to join.”
 
The Eiffage climate report can be viewed in its entirety on the Group’s website: www.eiffage.com

Read the press release

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