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  • Antoine Fonfreyde

Energy transition: 5 French companies leading the way on carbon emissions

Faced with the challenge of climate change, some companies are standing out for their commitment to the ecological transition. Here are 5 of the few CAC 40 companies to have a strategy for reducing their overall emissions that is compatible with global warming of less than +2°C. In this way, they are contributing to France's goal of becoming carbon neutral by 2050. Find out how they are reducing their carbon footprint.



Saint-Gobain

The industrial group specialising in building materials reduced its CO2 emissions by 15% between 2010 and 2019 and is aiming for a 33% reduction by 2030.


How is this being achieved?

Saint Gobain has put in place a strategic plan called "Grow & Impact", which aims to offer sustainable solutions to its customers and reduce its own CO2 emissions. The Group is committed to achieving carbon neutrality by 2050 and reducing its emissions by 33% by 2030 compared to 2017. To achieve this, it is investing in the energy efficiency of its sites, the use of renewable energies, innovation in lightweight construction materials, and carbon offsetting.


Michelin

The famous tyre manufacturer has reduced its CO2 emissions by 22% between 2010 and 2019 and is aiming for a 50% reduction by 2050.


How is this being achieved?

Michelin has adopted a low-carbon strategy based on three pillars: reducing the environmental impact of its industrial activities, designing low rolling resistance tyres that save fuel and CO2 emissions, and developing sustainable mobility solutions such as car-sharing, car-pooling, and public transport. The Group has set itself the target of reducing its emissions by 50% by 2050 compared with 2010, and offsetting any residual emissions.



Schneider Electric

French multinational and world leader in energy management and automation, has reduced its CO2 emissions by 52% between 2012 and 2019 and is aiming for carbon neutrality by 2030.


How is this being achieved?

Schneider Electric has adopted an "EcoStruxure" approach aimed at offering integrated solutions to optimise its customers' energy and environmental performance. The group is also committed to reducing its own CO2 emissions by improving the efficiency of its operations, using renewable or low-carbon energy sources, reducing waste and fugitive emissions, and promoting the circular economy. The Group aims to be carbon neutral by 2030 and has reduced its emissions by 52% between 2012 and 2019.



Engie

The energy group that needs no introduction has reduced its CO2 emissions by 51% between 2012 and 2019 and is aiming for carbon neutrality by 2050.


But how?

Engie has adopted a "Zero Carbon Transition" strategy aimed at helping its customers reduce their carbon footprint through solutions based on renewable energies, energy efficiency, green gas, and hydrogen. The Group is also committed to reducing its own CO2 emissions by gradually phasing out coal, developing renewable energies, optimising its gas assets, and offsetting residual emissions. The Group is aiming for carbon neutrality by 2050 and has reduced its emissions by 51% between 2012 and 2019.




Vallourec

A producer of seamless steel tubes, which reduced its CO2 emissions by 25% between 2014 and 2019 and is aiming for a 40% reduction by 2025.


How is it doing this?

Vallourec has implemented an "Ambition CO2" action plan aimed at reducing its carbon footprint through actions across its entire life cycle: designing lighter and stronger products, optimising industrial processes, using renewable or low-carbon energy, recovering co-products and waste, and carbon offsetting. The Group has set itself the target of reducing its emissions by 40% by 2025 compared with 2014, and has already cut its emissions by 25% between 2014 and 2019.




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