CO2 Neutral

Climate change affects every single person and community on our planet, and we all have a role to play in limiting its progression.

We want to become carbon neutral by 2030.

Based on the most rigorous and conclusive scientific facts, we have built a roadmap for CO₂ neutrality, which has been approved by the Science Based Targets initiative (SBTi) and is consistent with the reduction required to keep global warming to 1.5°C, the goal of the Paris Agreement and the most ambitious designation available through the SBTi process.

Our roadmap will be deployed in stages.

• By 2025: Faurecia will be C02 neutral for its internal emissions – scopes 1 & 2 Greenhouse gas emissions from Faurecia industrial facilities: natural gas combustion, purchase of electricity and heat. The Group will reduce its energy consumption by at least 15%.
• By 2030: Faurecia will converge to C02 neutrality (-50%) for its controlled emissions – scope 3 except usage. This includes upstream and downstream activities: Purchases, lease, freight, travel, use of products, waste and recycling.
• And by 2050: Faurecia aims to be CO2 neutral for its total emissions - scope 3, including for the CO2 emissions of the cars the Groupe equips, which are not under its full control.

To reach our goals, we partner with experts and invest in energy-efficiency projects at our production facilities.
 

Schneider Electric as preferred partner for our CO2 Neutral objective

For emissions reductions on scopes 1 and 2, Faurecia has entered into partnership with Schneider Electric to elaborate an action plan for 300 sites, to optimize energy sourcing and to use less and different energy, which will involve the installation of on-site and offsite photovoltaic panels and wind turbines.

Our objective to become CO2 Neutral is ambitious, compatible with the +1.5°C Paris agreement, yet realistic. We will achieve it together with our customers, suppliers, partners and all Faurecians.
 

Faurecia's emissions reduction targets approved by the Science Based Target initiative (SBTi)

Faurecia's emissions reduction targets have been approved by the Science Based Target initiative (SBTi) for its operations (scopes 1 and 2) and are consistent with the reduction required to keep warming to 1.5°C, the most ambitious goal of the Paris Agreement and the most ambitious designation available through the SBTi process. SBTi states that "Faurecia commits to reduce absolute scope 1 and 2 GHG emissions 80% by 2025 from a 2019 base year. Faurecia also commits to reduce absolute scope 3 GHG emissions 46% by 2030 from a 2019 base year." Beyond this commitment, Faurecia's objective is to reach 100% reduction by 2050.