ANNUAL RESULTS 2020
Regulated
France Generation
and supply
Consolidated financial
statements
Financing & cash
management
Operational data and markets
Strategy and
investments
ESG
Renewables
CARBON NEUTRALITY TRAJECTORY
CARBON NEUTRALITY & CLIMATE: AT THE HEART OF THE EDF'S RAISON
D'ÊTRE
In line with it raison d'être, EDF's ambition is to achieve carbon neutrality
by 2050
In 2020, EDF group announced a commitment to move away from coal-
based generation by 2030 in all geographical areas
In 2020, the Group fixed new objectives of reduction of greenhouse gas
emissions by 2030, covering both direct (scope 1) and indirect (scope 2 and
3) emissions. On 7 December, these objectives were validated as part of a
"Well Below 2°C" by the Science-Based Target initiative
In coherence with these objectives validated by STBI, EDF group set
objectives for 2030:
25 MtCO2eq for Group's scope 1 emissions in 2030 with an intermediary
milestone in 2023 of 28-30 MtCO2eq. This range takes into account the
uncertainties related to post health crisis scenarios
35gC02/kWh Group carbon intensity (heat and electricity generation) by 2030
Reduction of 28%, compared to 2019, of all the scope 3 emissions by 2030
The continuous reduction in Group CO2 emissions, with a Group intensity
carbon of 51g/kWh at end-December 2020, confirms EDF'S commitment to
carbon neutrality
EDF
ANNUAL RESULTS 2020
DIRECT GREENHOUSE GAS EMISSIONS (SCOPE 1)
in MtCO₂eq
(1)
81
51
32
28-30
25
(2)
2013
2017
2018-2020
2023
2030
2050
2023
milestone
2030
milestone
2050
objectives (1)
Carbon neutrality would be achieved in 2050 thanks to almost zero direct CO2 emissions, as much as
possible a reduction in indirect emissions and offsetting of residual emissions by projects with negative
emissions
(2)
Average emissions from 2018 to 2020
27
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