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European Climate Pact

Overview

Location

France

Sector

Pharmaceuticals and biotechnology

Organisation type
Business

Company Information

Sanofi is a company in healthcare, focused on the needs of patients and to the research, development, manufacturing and marketing of therapeutic solutions. It is publicly listed and headquartered in Paris, France. Sanofi operates in three main business segments: pharmaceuticals, consumer health care and vaccines. In 2021, the company reported a total of 166,880 employees and a sales revenue of 44.2 billion Euro.

Our progress towards decarbonization

 

GHG Emissions

North Star

  • SANOFI has a target to reduce absolute scopes 1 and 2 CO2e emissions 55% by 2030 from a base year of 2019

Pledge: Have an officially validated short-medium term science-based GHG emissions reduction targets aligned with a 1.5°C scenario (scope 1+2) in line with the SBTi Criteria and Recommendations

MRV: Pact MRV in place

Status date: Submitted (29/07/2022)

Data source: CDP Climate Change 2022

How we want to achieve this – our roadmap

  • 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 (29/07/2022)

Data source: CDP Climate Change 2022

 

Energy

North Star

  • SANOFI has a company-wide target to consume 100% of electricity from renewable sources by 2030 from a baseline of 26.0% renewable electricity consumption in 2020

Pledge: Have a target for 100% renewable electricity consumption by no later than 2050, in line with the RE100 technical criteria 

MRV: Pact MRV in place

Status date: Submitted (29/07/2022)

Data source: CDP Climate Change 2022

 

Water

Our actions – the Pathway

  • SANOFI have a target to reduce total water withdrawals by 2030 from a base year of 2019 starting in 2021
  • Work towards the yearly reduction of % of water withdrawn from areas with water stress 
  • Engage our suppliers to report on their water use, risks and/or management information
  • Publicly disclose data on water-related impact to investors through a public platform
  • Integrate water-related issues into the company's long-term business objectives
  • Integrate water-related issues into the company's strategy to achieve long-term business objectives
  • Regularly monitor and measure key water security metrics at least for 75% of the company's
  • facilities

MRV: Pact MRV in place

Status date: Submitted (28/07/2022)

Data source: CDP Water 2022

 

Governance & Strategy

North Star

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

​​​​​​​MRV: Pact MRV in place

Status date: Submitted (29/07/2022)

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

​​​​​​​​​​​​​​MRV: Pact MRV in place

Status date: Submitted (29/07/2022)

Data source: CDP Climate Change 2022

 

Value chain engagement

North Star

  • SANOFI has a supplier engagement target to get 35.0% of its suppliers by procurement spend to set a science-based emission reduction target

Pledge: Have a supplier engagement target in order to reduce scope 3 GHG emissions, to get a share of our suppliers by procurement spend set science-based GHG emissions reduction targets in line with the SBTi Criteria and Recommendations

MRV: Pact MRV in place

Status date: Submitted (29/07/2022)

Data source: CDP Climate Change 2022

How we want to achieve this – our roadmap

  • Have an ongoing and transparent dialogue with our value chain around climate-related issues

MRV: Pact MRV in place

Status date: Submitted (29/07/2022)

Data source: CDP Climate Change 2022