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European Climate Pact

Overview

Location

France

Sector

Chemicals

Organisation type
Business

Pathway Pledges

Emissions

Have an absolute/intensity emissions reduction target (scope 1+2) with a 5-15 years’ time frame and a 2.1% year-on-year reduction at a minimum

ARKEMA has a target to reduce absolute Scope 1+2 (market-based) CO2e emissions 37% by 2030 from a base year of 2015. This is a year-on-year reduction rate of 2.5% over the next 9 years.

Status date: Submitted (28/07/2021)

Data source: CDP Climate Change 2021

MRV: Yes*

*Reported data is checked for completeness. Pledger must provide the minimum required data, the targets must be reported to include both Scopes 1 and 2 emissions, have a linear annual reduction rate of at least 2.1% per year. The target year must be greater than 5 years, but less than 15 years from the year the target was set.

Have an internal price on carbon

Status date: Submitted (28/07/2021)

Data source: CDP Climate Change 2021

MRV: Yes*

*Reported data is checked to gather details on how the organisation uses the price on carbon. Pledger must provide at minimum: the Scope(s) of emissions covered by the internal carbon pricing mechanism, the application of the price on carbon (i.e. the part(s) of the business decision-making process that the internal carbon pricing mechanism applies to), the actual carbon price level(s) used (Currency/metric ton), the variance of price(s) used, the type of internal price (e.g a shadow price or internal fee). Finally this pledge requires details on the impact and implication of setting a price on carbon (i.e a company-specific description of how the organization uses the internal price on carbon).

Energy

Have a target to improve energy efficiency

Status date: Submitted (28/07/2021)

Data source: CDP Climate Change 2021

MRV: Yes*

*Reported data is checked for completeness. Pledger must provide at a minimum: a base year, target year, figure or percentage in the base year, figure or percentage in the target year and a target numerator if reporting an intensity target.

Multi-topic

Publicly disclose climate and environmental data to investors and customers through a public platform

Status date: Submitted (28/07/2021)

Data source: CDP Climate Change 2021

MRV: Yes*

*Pledging organisation is confirmed to have disclosed publicly on their climate and environmental impact. For example by responding publicly to the CDP Climate Change Questionnaire.

Implement climate scenario analysis as part of your business strategy setting

Status date: Submitted (28/07/2021)

Data source: CDP Climate Change 2021

MRV: Yes*

*Pledging organisation has reported they use climate-related scenario analysis to inform its strategy. Pledger must provide at a minimum: details on the climate-related scenarios and models applied (e.g. 2DS, IEA 450, Greenpeace, DDPP, IRENA etc.) as well as additional information such as how the selected scenario(s) were identified, with reference to the inputs, assumptions and analytical methods used.

Water

Have a target to reduce water pollution

Status date: Submitted (28/07/2021)

Data source: CDP Water 2021

MRV: Yes*

*Reported data is checked for completeness. Pledger must provide at a minimum: the quantitative metric of the target (e.g. % proportion of wastewater that is safely treated, % reduction in concentration of pollutants or % increase/absolute increase in investment related to this category), baseline year, start year and target year. The target year must be beyond the current year.

Publicly disclose data on water-related impact to investors through a public platform

Status date: Submitted (28/07/2021)

Data source: CDP Water 2021

MRV: Yes*

*Pledging organisation is confirmed to have disclosed publicly on their water management and water-related impact. For example by responding publicly to the CDP Water Security Questionnaire.

Commitment to align with public policy initiatives, such as the SDGs, related to water security

Status date: Submitted (28/07/2021)

Data source: CDP Water 2021

MRV: Publicly announced

Commitment to improve water security beyond regulatory compliance

Status date: Submitted (28/07/2021)

Data source: CDP Water 2021

MRV: Publicly announced

Commitment to water-related innovation

Status date: Submitted (28/07/2021)

Data source: CDP Water 2021

MRV: Publicly announced

Commitment to water stewardship and/or collective action

Status date: Submitted (28/07/2021)

Data source: CDP Water 2021

MRV: Publicly announced

Commitment to increase stakeholders awareness and education around water security issues

Status date: Submitted (28/07/2021)

Data source: CDP Water 2021

MRV: Publicly announced