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European Climate Pact

Overview

Location

France

Sector

Capital goods

Organisation type
Business

Company Information

Valeo is a global automotive supplier with headquarters in Paris, France. In 2021, the company reported 20,800 employees and 2.6 billion Euro in sales.*

*Source

Our progress towards decarbonization

 

GHG Emissions

North Star

  • Valeo Sa has a target to reduce absolute scopes 1 and 2 CO2e emissions 75% 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 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

 

Water

Our actions – the Pathway

  • Publicly disclose data on water-related impact to investors through a public platform
  • Have board-level oversight of water issues

MRV: Pact MRV in place

Status date: Submitted (29/07/2022)

Data source: CDP water 2022

 

Governance & Strategy

North Star

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

Pledge: 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

Our actions – the Pathway

  • 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