OUR PATH TOWARDS CARBON NEUTRALITY BY 2050
Our Group offers a portfolio of "enabling" technologies to help industrial companies meet their goals for the energy transition, as well as to reduce the carbon footprint of our own activities.
Our aim is to achieve carbon neutrality of our direct emissions (Scope 1) and indirect emissions from energy consumption (Scope 2) by 2030. We aim to achieve carbon neutrality for all other indirect emissions along the value chain (Scope 3)by 2050 (the deadline set by the European Union).
To do this, in addition to a series of actions started several years ago, we are implementing a series of targeted projects. For example, our "Green Village - MET Sustainable Sites" is dedicated to energy efficiency, among other things, therefore reducing emissions generated by our sites. Our Green Logistics project is another example.
In the next few years, we will set progressive targets for reducing emissions, first of all direct emissions, and then indirect emissions, as well as for offsetting emissions that cannot be reduced. In order to measure the positive effects of our actions to reduce our emissions, we have completed their mapping in 2020.
The chart below shows the aggregate volume of direct greenhouse gas emissions in tons of CO2 equivalent, generated by the Group's activities ("Scope 1"), indirect emissions from electricity consumption ("Scope 2"), and other indirect emissions ("Scope 3").
Regarding Scope 1 and Scope 2 emissions, the Group significantly reduced its GHG emissions for locations and construction sites in 2020 compared to 2019 and 2018. The reduction in emissions at the sites is the combined result of the energy efficiency initiatives taken (e.g., photovoltaic panels, smart working program, etc.). The 2020 figure reflects lower office usage due to the Covid-19 emergency. For construction sites, the reduction in emissions in 2020 reflects the decrease in hours worked due to the Covid-19 emergency, but also the different mix of the phases of the projects underway (with lower emission intensity), and, lastly, the adoption of energy efficiency initiatives.
The decrease in Scope 3 emissions seen in 2020 compared to 2019 is primarily attributable to a different mix of materials purchased and the means used to transport them; different project phases influencing the mix of waste generated by construction sites during the year; and a decrease in business travel and/or employee travel due to the pandemic.
For a breakdown on our Group greenhouse gas emissions calculated on the basis of the ratio of direct and indirect emissions (Scope 1 and Scope 2) to hours worked, please see the chart below: