Equans

Equans, a Belgium-headquartered company in the Distribution and trade services of electricity sector, reported estimated Scope 3 emissions from the use of sold products of approximately 1.93 billion kg CO2e in 2024. In the same year, their Scope 1 and 2 emissions totalled approximately 291 million kg CO2e. This follows Scope 1 and 2 emissions of about 261 million kg CO2e in 2023 and 550 million kg CO2e in 2022.

Equans has set ambitious climate commitments, with near-term Science Based Targets initiative (SBTi) approved targets. The EQUANS Group commits to reduce Scope 1 and 2 GHG emissions from power generation by 68% per MWh by FY2030 from a FY2023 base year. Additionally, they aim to reduce all other absolute Scope 1 and 2 GHG emissions by 42% within the same timeframe. The company also pledges to reduce Scope 3 GHG emissions from purchased goods and services, fuel and energy-related activities, waste generated in operations, business travel, employee commuting, and use of sold products by 51.6% per million EUR value added by FY2030, from a FY2023 base year. These targets, covering Scope 1 and 2 emissions, are classified as consistent with keeping warming to 1.5°C.

Further commitments include achieving net zero for Scope 1 and 2 emissions by 2035, and an overarching net zero target by 2050. Equans also targets a 52% reduction in Scope 3 CO2 emissions by 2030. The company's emissions data and reduction initiatives are cascaded from its ultimate parent, Equans S.A.S.