2020 CLIMATE REPORT: Our Commitment to the Future
The Eiffage Group publishes its first climate report under the guidelines of the Task Force on Climate-related Financial Disclosures (TCFD), which specifies the financial risks and opportunities linked to energy transition and climate change.
The Group intends to align itself with the so-called “2°C” pathway adopted by the Paris Agreement (2015), which has a long-term goal that the Earth’s average temperature should not rise more than 2°C above pre-industrial temperatures. Target set out in the EU’s roadmap on climate reporting for companies.
Aware of the challenges it faces in adopting sustainable growth, Eiffage aims to measure the impacts of each of its businesses and provide solutions to minimise environmental damage. “We cannot carry out the transformation of the sector alone. We must mobilise collective intelligence to standardise low-carbon processes that are still pioneering today. ” – Benoît de Ruffray, Chairman and CEO of the Group.
To this end, Eiffage has implemented a low-carbon strategy that seeks to limit its internal carbon footprint. As a sustainable infrastructure development company, Eiffage is working on low-carbon commercial offers in urban planning and sustainable infrastructure. This would enable the Group to reduce its greenhouse gas emissions by 33% by 2030 and achieve climate neutrality by 2050. . The main axes of this strategy are described in the climate report.
In summary, the climate reportdetails:
– How climate change is integrated at the highest level of the company by the CEO and board of directors.
– The management of physical and transitional risks associated with climate change.
– The strategy chosen to be compatible with the so-called “2°C” trajectory set and the opportunities for sustainable activities whose development needs to be accelerated.
– The management and control tools implemented to monitor Eiffage’s low-carbon strategy.