Commitment

RNS Number : 3595N

Compagnie de Saint-Gobain

23 September 2019

 

PRESS RELEASE

Paris, September 23, 2019

SAINT-GOBAIN COMMITS TO NET-ZERO CARBON EMISSIONS BY 2050

Today in New York City, as part of the Climate Action Summit conveyed by the General Secretary of the United Nations, Saint-Gobain signs the pledge of the Global Compact "Business ambition for 1.5°C", committing itself to reach net-zero emissions by no later than 2050 in line with 1.5°C scenarios, responding to what the latest climate science indicates is needed to limit the worst impacts of climate change.

Saint-Gobain has responded to a call-to-action, issued by a broad coalition of business, civil society and UN leaders, to make its contribution to keeping global temperature increase within 1.5°C above pre-industrial levels.

Saint-Gobain will now work on interim targets and steps taking into account the specificities of its processes and its investment cycles.

"Saint-Gobain designs, produces and distributes solutions that contribute themselves to the reduction of CO₂ emissions, including thermal insulation solutions that promote energy efficiency. Within only three months, thanks to energy savings, our insulation solutions compensate the CO₂ emissions linked to their production. The Group is already making a significant contribution to improving energy efficiency and reducing carbon emissions on its construction, mobility and industry markets. With this commitment, Saint-Gobain goes one step further to reduce its own impact. The 2050 vision is critical to drive our medium and long-term investment policy as well as industrial roadmaps, R&D programs, or product development strategy", says Pierre-André de Chalendar, Chairman and CEO of Saint-Gobain.

Saint-Gobain is already committed to reducing its CO₂ emissions by 20% between 2010 and 2025. Various programs and tools have also already been implemented in order to support this target, like for instance an internal price of carbon, one for investments and one for R&D projects, to drive business decisions towards low-carbon solutions.

Saint-Gobain is also one of 127 companies globally to be included in the 2018 "Climate Change A List" established by the global organization CDP. Its environmental objectives for 2025 have been validated by the Science-based Targets initiative.

ABOUT SAINT-GOBAIN

Saint-Gobain designs, manufactures and distributes materials and solutions which are key ingredients in the wellbeing of each of us and the future of all. They can be found everywhere in our living places and our daily life: in buildings, transportation, infrastructure and in many industrial applications. They provide comfort, performance and safety while addressing the challenges of sustainable construction, resource efficiency and climate change.

€41.8 billion in sales in 2018

Operates in 68 countries

More than 180,000 employees

To learn more about Saint-Gobain

go to www.saint-gobain.com

and follow us on Twitter @saintgobain.

Analyst/Investor relations		Media relations
Vivien Dardel Floriana Michalowska Christelle Gannage	[phone]  [phone]  [phone]	Laurence Pernot Patricia Marie Susanne Trabitzsch	[phone]  [phone]  [phone]

 

 

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