EIFFAGE (EPA:FGR) - Eiffage publishes its second climate report and commits to the 1.5 °C trajectory

Transparency directive : regulatory news

21/04/2021 17:42

Vélizy-Villacoublay, 21 April 2021
17:40

                                 Press release

     Eiffage publishes its second climate report and commits to the 1.5 °C
                                  trajectory

Eiffage today published its second climate report, compiled according to TCFD
(Task Force on Climate-related Financial Disclosures) guidelines that sets out
the physical and transition risks linked to climate change for companies'
business model, as well as the business opportunities inherent in a low-carbon
economy.

The Group is enhancing the commitments it made in 2020 with the publication of
its first climate report:
- aligning with the 1.5 °C trajectory based on the Science-Based Targets
initiative (SBTi);
- taking a more consistent approach to this commitment by applying the same
target to all Eiffage business lines without exception.

For over a decade, Eiffage has been working extensively on its social and
environmental responsibility strategy, and in 2019, set itself two
complementary goals:
- to lead by example with its own internal emissions, which the Group can act
upon directly;
- to draw upon all its expertise, core businesses, and research and development
capabilities to offer innovative low-carbon and zero-carbon solutions to
significantly reduce emissions linked to its customers' projects.

The Group therefore intends to reduce its Scope 1 and 2 emissions by 40% by
2030, based on its greenhouse gas emissions in the baseline year 2019. In said
baseline year 2019, Scope 3 upstream emissions represented 85% of all
Contracting divisions' greenhouse gas emissions in France. Eiffage has
confirmed an ambitious commitment to reduce its Scope 3 upstream emissions
across all business lines combined by at least 30% by 2030. This goal can only
be achieved through strong cooperation from the Group's recurring suppliers of
goods and services.

In the 2021 climate report, the Group evaluates the impact of each of its
business lines and shares their respective operational action plans for
limiting their environmental damage, including to biodiversity.

Benoît de Ruffray, Chairman and CEO of Eiffage, says, "To build sustainable
cities and infrastructure that are perfectly environmentally friendly and
compatible with the needs of calm and cohesive societies: that is the noble and
exciting cause I invite you all to join."

The Eiffage climate report can be viewed in its entirety on the Group's
website: www.eiffage.com

About Eiffage
Eiffage is one of Europe's leading construction and concessions companies. The
Group's activities are organised around the following business lines:
construction, real estate and urban development, civil engineering, metal,
roads, energy and concessions. Thanks to the experience of more than 72,000
employees, Eiffage generated revenue of EUR16.3 billion in 2020, of which 26.5%
was outside France.

Press contacts
Sophie Mairé
sophie.maire@eiffage.com
Tel: +33 1 71 59 10 62

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EIFFAGE (EPA:FGR) - Eiffage publishes its second climate report and commits to the 1.5 °C trajectory

Transparency directive : regulatory news

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