Since 2016, Egis has embarked on a decarbonisation pathway in line with the National Low,Carbon Strategy (SNBC) for its historical scope of operations. Today, the Group is updating and extending its CO2 reduction targets to its new business and geographical scope.
A strategy aligned with the Paris Agreement to support our growth momentum
The new short-term (2033) and long-term (2050) targets aim to ensure that the Group's strong growth remains compatible with the objectives of the Paris Agreement. For 2033, Egis aims to significantly reduce direct and energy-related emissions (Scopes 1 and 2), while for 2050 the ambition extends to emissions from the entire value chain (Scopes 1 to 3).
These targets have been developed in line with the 'Corporate Net Zero' framework of the Science Based Targets Initiative (SBTi) and were submitted to SBTi for validation last July.
The implementation of this decarbonisation path is based on detailed action plans covering the Group's entire value chain:
- Group-wide extension of existing measures: reducing the energy consumption of buildings, operated
infrastructure and vehicles used, and using low-carbon energy sources. - Strict travel policy: limiting business travel, particularly air travel, and encouraging the use of low-carbon
or soft modes of transport for business and home-to-work travel. - Responsible procurement and investment in line with our ambition: integrating the carbon component
into the procurement process and considering the investment needed to decarbonise external purchases.
Thanks to all these initiatives, we are confident that we can deliver strong growth while meeting our climate commitments. This commitment is also reaffirmed to our financial partners through the Sustainability-Linked* bond.
Figures and detailed targets are available in "Our decarbonisation path".
* See also our reference document on Sustainability Linked Finance and our press releases of July 2023 and June 2024.