Equans

Equans, headquartered in Belgium and operating in the distribution and trade services of electricity sector, reported its 2024 emissions at approximately 5.2 billion kg CO2e. This total includes approximately 1.93 billion kg CO2e from Scope 3 emissions, specifically from the use of sold products. Equans also reported approximately 291 million kg CO2e for its Scope 1 and 2 emissions in 2024. For 2023, the company reported approximately 261 million kg CO2e for Scope 1 and 2 emissions, and in 2022, these emissions were approximately 550 million kg CO2e.

Equans has set ambitious climate commitments, with Science Based Targets Initiative (SBTi) approved near-term targets cascaded from its parent company, Equans S.A.S. The Equans Group commits to reducing Scope 1 and 2 GHG emissions from power generation by 68% per MWh by FY2030, against a FY2023 baseline. Additionally, it aims to reduce all other absolute Scope 1 and 2 GHG emissions by 42% within the same timeframe. The company further commits to reducing 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, also from a FY2023 base year.

Equans also has its own targets, including achieving net-zero carbon emissions by 2030 for its Scope 1 and 2 emissions, which encompass offices, vehicle fleet, and direct fuel consumption on operational and construction sites. The company aims for net-zero for Scope 1 and 2 by 2035, with a 42% reduction in emissions by 2030. For Scope 3, Equans aims for net-zero by 2050, with a 52% reduction for selected Scope 3 categories, including goods and services per value added by 2030, using a 2023 baseline year for all targets.