Investor Presentaiton
CONTEXT
MEGATRENDS
CLIMATE
CHANGE
The only response to the threat posed
by climate change is to decarbonate
the economy worldwide, through a
drastic reduction in greenhouse gas
emissions, by an average of 1.4 billion
tonnes per year by 2050. The objectives
of the Paris Agreement, signed in 2015,
remain the priority: to keep the rise in
temperatures below 2 °C - and if
possible 1.5 °C - compared to the
pre-industrial era. The construction
sector plays a key role in this
challenge, as it alone accounts
for nearly 40% of annual CO2 emissions
worldwide, two-thirds of which are
related to the operation of buildings
and one-third of which is related to
the production of materials, to their
transportation and to worksite
equipment. Climate change must
therefore respond to changes in the
construction sector, both in terms of
new construction and existing buildings,
among which nearly half of the current
stock will still exist and will continue to
emit carbon in 2050. Decarbonization
therefore also involves massive
renovation plans to improve the energy
efficiency of buildings and the
replacement of fossil fuels used for
heating and cooling.
The solution to climate change requires
the involvement of the general public,
states and businesses, which have an
essential role to play. Saint-Gobain is
committed to achieving carbon
neutrality (scopes 1, 2 and 3) by 2050.
By 2030, the Group has set itself
intermediate targets for a reduction
(in absolute value compared to 2017)
of 33% in scope 1 and 2 and of 16%
in scope 3. To achieve these objectives,
it is working resolutely to reduce
the impact of its own operations by
constantly improving the efficiency
of its processes. Thanks to its unique
position in the construction value chain,
Saint-Gobain is helping to meet the
global decarbonization challenge by
offering its customers solutions that
actively contribute to this objective.
This is notably reflected in light
construction techniques and
construction chemicals specialties,
which decarbonate new construction,
but also in building renovation solutions.
For its industrial customers, the Group's
offering also makes it possible to move
towards greater energy efficiency.
33%
Saint-Gobain's CO2 emissions reduction
target for scope 1 and 2 (in absolute
terms) by 2030, compared to 2017.
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