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European Climate Pact

Overview

Location

France

Sector

Transport manufacture, management and services

Organisation type
Business

Company Information

Safran is an international high-technology group, operating in the aviation, defense and space markets. The company is based in Paris, France. Safran has 76,800 employees and reported sales of 15.3 billion Euro in 2021.

Our progress towards decarbonization

 

GHG Emissions

Our actions – the Pathway

  • Safran has a target to reduce absolute scopes 1 and 2 CO2e emissions 50% by 2030 from a base year of 2018. This is a year-on-year reduction rate of 4.2% over the next 9 years

Pledge: Have a short-medium term GHG emissions reduction target (scope 1+2) with a 2.1% year-on-year reduction at a minimum

  • Have an internal price on carbon 
  • Have an initiative in place to drive GHG emissions reduction through energy efficiency in production processes
  • Have an initiative in place to drive GHG emissions reduction through low-carbon energy generation
  • Have scope 1+2+3 GHG emissions verified through a third party verification or assurance process

MRV: Pact MRV in place

Status date: Submitted (27/07/2022

Data source: CDP Climate Change 2022

 

Governance & Strategy

North Star

  • Safran have a publicly available 1.5°C aligned low-carbon transition plan

MRV: Pact MRV in place

Status date: Submitted (27/07/2022)

Data source: CDP Climate Change 2022

How we want to achieve this – our roadmap

  • Publicly disclose climate and environmental data to investors and customers through a public platform
  • Have board-level oversight of climate-related issues
  • Have a process for identifying, assessing, and responding to climate-related risks and opportunities
  • Have an employee engagement strategy to support and contribute to achieving the company's climate and environmental goals
  • Have a target to increase the % of R&D budget/portfolio dedicated to low-carbon products/services (as share of total)

MRV: Pact MRV in place

Status date: Submitted (27/07/2022)

Data source: CDP Climate Change 2022

 

Buildings

Our actions – the Pathway

  • Have an initiative in place to drive GHG emissions reduction through energy efficiency in buildings

MRV: Pact MRV in place

Status date: Submitted (27/07/2022)

Data source: CDP Climate Change 2022

 

Value chain engagement

Our actions – the Pathway

  • Have an ongoing and transparent dialogue with our value chain around climate-related issues
  • Have a supplier/customer engagement strategy to drive best practices in tackling environmental and climate-related issues

MRV: Pact MRV in place

Status date: Submitted (27/07/2022)

Data source: CDP Climate Change 2022