Equans

Equans, a company in the distribution and trade services of electricity sector headquartered in Belgium, reported approximately 5.5 billion kg CO2e in Scope 1 and 2 emissions for the year 2022. For 2023, Scope 1 and 2 emissions were approximately 261 million kg CO2e. In 2024, the company disclosed Scope 3 emissions, including approximately 1.93 billion kg CO2e related to the use of sold products, and Scope 1 and 2 emissions totalling approximately 291 million kg CO2e.

Equans has established several climate commitments. A near-term target aims for net zero carbon emissions by 2030 for its Scope 1 and 2 emissions, encompassing offices, vehicle fleets, and direct fuel consumption. This includes a target of a 42% reduction in Scope 1 and 2 emissions by 2030 against a 2023 baseline. For Scope 3, Equans has set a target for a 52% reduction in emissions by 2030, against a 2023 baseline, focusing on categories including goods and services, and fuel and energy-related activities. Long-term, Equans aims for net zero emissions by 2035 for Scope 1 and 2, and net zero for Scope 3 by 2050.

The company's Scope 1 and 2 emissions targets are validated by the Science Based Targets initiative (SBTi) as consistent with a 1.5°C warming scenario. Specifically, Equans Group commits to a 68% reduction in Scope 1 and 2 GHG emissions from power generation per MWh by FY2030, and a 42% reduction in all other absolute Scope 1 and 2 GHG emissions within the same timeframe, using FY2023 as the base year. Furthermore, Equans Group commits to a 51.6% reduction in Scope 3 GHG emissions per million EUR value added by FY2030, covering purchased goods and services, fuel and energy-related activities, waste generated in operations, business travel, employee commuting, and use of sold products.

Emissions data for Equans is inherited from its corporate family, with specific initiatives and performance data cascading from Equans S.A.S. and Bouygues SA, according to the provided cascade information.