Edenred

Edenred, headquartered in France, reported projected total carbon emissions of approximately 90.5 million kg CO2e for 2025. This includes about 5.8 million kg CO2e from Scope 1 emissions, 908,000 kg CO2e from market-based Scope 2 emissions, and approximately 83.8 million kg CO2e from Scope 3 emissions.

For 2024, Edenred's projected total emissions were about 111.4 million kg CO2e, with Scope 1 at approximately 6.6 million kg CO2e, market-based Scope 2 at 1.4 million kg CO2e, and Scope 3 at about 103.3 million kg CO2e. In 2023, the company's total reported emissions were approximately 110.4 million kg CO2e, comprising around 6.7 million kg CO2e from Scope 1, 1.6 million kg CO2e from market-based Scope 2, and about 102.1 million kg CO2e from Scope 3.

Edenred has set several ambitious climate commitments:

• Net-Zero Target: Edenred SE commits to reaching net-zero greenhouse gas emissions across its value chain by 2050, a target validated by the Science Based Targets initiative (SBTi).
• Near-Term Targets (SBTi-Validated):
  • Reduce absolute Scope 1 and 2 GHG emissions by 51.4% by 2030, from a 2019 baseline year.
  • Reduce Scope 3 GHG emissions by 55% per million EUR value added by 2030, from a 2019 baseline year.
• Long-Term Targets (SBTi-Validated):
  • Reduce absolute Scope 1 and 2 GHG emissions by 90% by 2050, from a 2019 baseline year.
  • Reduce Scope 3 GHG emissions by 97% per million EUR value added by 2050, from a 2019 baseline year.

The company's targets for Scope 1 and 2 emissions are consistent with reductions required to limit global warming to 1.5°C.