Transitioning to lower energy consumption technologies
Sustainable solutions by markets
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Reinforce our commitment to the climate
Arkema, is setting new, even more ambitious targets by 2030 across its whole value chain, approved by the organization Science Based Targets initiative (SBTi*).
In July 2022, the Group had set new greenhouse gas reduction targets, in line with the expectations of the Paris Agreement, which aims to limit global warming to 1.5°C above pre-industrial levels by the end of the century.
Thanks to significant progress made in 2022, these targets have been raised, and Arkema now aims for a 48.5% reduction in the Group's greenhouse gas emissions for Scopes 1+2, and a 54% reduction for Scope 3 by 2030 relative to 2019. These new targets have been approved by the independent global organization Science Based Targets initiative (SBTi).
READ THE PRESS RELEASE
* Science Based Targets initiative (SBTi): partnership between CDP (Carbon Disclosure Project), United Nations Global Compact, WRI (World Resources Institute), and WWF (World Wide Fund for Nature).
What are scope 1, 2 and 3 carbon emissions?
Concerning the various emissions Scopes, Scope 1 covers all greenhouse gas (GHG) emissions at our sites: direct on-site emissions, for example combustion in boilers, volatile organic compounds (VOCs) processed in incinerators, leaks, and diffuse emissions.Scope 2, or indirect emissions, corresponds to GHGs emitted during the production of energy (electricity, steam, heat, cold) that we purchase and consume on our sites. It should be noted that if the steam is produced inside the plant, the emissions are accounted for under Scope 1.
Scope 3 covers the CO2 impact of the rest of the value chain, upstream and downstream of our sites, i.e. the impact of raw materials, transport, supply, the use of the products themselves until their end of life, waste treatment outside our sites, as well as emissions associated with personnel, premises, and capital expenditure projects.