Air Liquide Recognized by the CDP as One of the Best-Performing Companies in the Fight Against Climate Change
14 January 2022 - 06:45PM
Business Wire
Regulatory News:
Air Liquide (Paris:AI) has been awarded by the CDP, formerly
the Carbon Disclosure Project, a non-profit organization that
evaluates companies on their environmental action, an “A-” rating
in both categories of climate change and water management. This
recognizes the “Leadership level” of the Group’s commitment to the
environment, including some of the most ambitious sustainability
objectives in its sector.
As a leader in environmental stewardship, Air Liquide is
implementing actions and policies aligned with its sustainability
objectives announced March 23, 2021. On that date, the Group
unveiled an ambitious goal of reaching carbon neutrality by 2050,
with two intermediary milestones in 2025 and 2035. It is committed
to start reducing its absolute CO2 emissions around 2025 and to
reach a 33% decrease of its scope 1 & 2 CO2 emissions by 2035
vs. a 2020 baseline. The Group’s global approach combines action on
its own assets, for its customers and in developing low-carbon
ecosystems.
This is fully embedded in Air Liquide's strategy and in the
Group’s investment decisions. Most notable is Air Liquide’s
development in hydrogen energy and biomethane markets, and its
leadership in innovation of sustainable solutions. In particular,
the Group is committed to at least triple its turnover in hydrogen
in order to reach more than 6 billion euros by 2035. It will reach
that goal by investing approximately 8 billion euros in the
low-carbon hydrogen supply chain and by contributing to the
development of a low-carbon hydrogen ecosystem for the industry and
clean mobility.
Air Liquide’s leadership in environmental action is captured
within its 2021 CDP rating. This yearly process of extra-financial
rating and disclosure of data through the CDP is recognized as a
reference in terms of corporate environmental transparency. The CDP
requests information on environmental impacts from the world’s
largest companies on behalf of over 590 institutional investor
signatories with a combined US$110 trillion in assets and 200+
major purchasers with over US$5.5 trillion in procurement spend.
Air Liquide’s responses to the 2021 CDP questionnaire are freely
available on the CDP website.
Fabienne Lecorvaisier, Executive Vice President, in
charge of Sustainable Development, Public and International Affairs
as well as the supervision of the Social Programs and the General
Secretariat, said : “ Air Liquide is proud to be recognized
among the companies leading the way in the fight against climate
change by a worldwide reference such as the CDP. Our approach to
contribute to the emergence of a sustainable society is global. Air
Liquide has developed a wide array of innovative solutions that can
contribute to reducing its own environmental footprint but also
that of its clients and of society at large. ”
A world leader in gases, technologies and services for Industry
and Health, Air Liquide is present in 78 countries with
approximately 64,500 employees and serves more than 3.8 million
customers and patients. Oxygen, nitrogen and hydrogen are essential
small molecules for life, matter and energy. They embody Air
Liquide’s scientific territory and have been at the core of the
company’s activities since its creation in 1902.
Air Liquide’s ambition is to be a leader in its industry,
deliver long term performance and contribute to sustainability -
with a strong commitment to climate change and energy transition at
the heart of its strategy. The company’s customer-centric
transformation strategy aims at profitable, regular and responsible
growth over the long term. It relies on operational excellence,
selective investments, open innovation and a network organization
implemented by the Group worldwide. Through the commitment and
inventiveness of its people, Air Liquide leverages energy and
environment transition, changes in healthcare and digitization, and
delivers greater value to all its stakeholders.
Air Liquide’s revenue amounted to more than 20 billion euros in
2020. Air Liquide is listed on the Euronext Paris stock exchange
(compartment A) and belongs to the CAC 40, EURO STOXX 50 and
FTSE4Good indexes.
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