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Naval Group, headquartered in France, is a leading player in the other transport equipment industry, specifically focusing on naval defence and maritime solutions. Founded in 2003, the company has established itself as a key provider of submarines, surface ships, and naval systems, catering to both military and civilian sectors. With a strong presence in Europe and partnerships across the globe, Naval Group is renowned for its innovative technologies and commitment to sustainability.
The company’s core offerings include advanced submarines and surface vessels, distinguished by their cutting-edge design and operational capabilities. Naval Group's dedication to research and development has positioned it as a market leader, achieving significant milestones such as the successful delivery of state-of-the-art submarines to various navies. With a reputation for excellence and reliability, Naval Group continues to shape the future of naval defence.
+3 vs industry average
Naval Group’s score of 28 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Transport Equipment Manufacturing has above-average carbon intensity
The Transport Equipment Manufacturing industry has reduced its overall emissions by 31% since 2018
Scope 3 accounts for ••• of total emissions.
Naval Group, headquartered in France and operating in the other transport equipment industry, has committed to significant climate action.
In 2024, Naval Group reported Scope 3 emissions from purchased goods and services of approximately 783,000,000 kg CO2e (783,000 tonnes CO2e).
Looking at historical data, in 2021, the company reported Scope 1 fugitive emissions of 329,000 kg CO2e (329 tonnes CO2e). In 2016, total reported emissions were 81,319,000 kg CO2e (81,319 tonnes CO2e), comprising Scope 1 emissions of 24,849,000 kg CO2e (24,849 tonnes CO2e), Scope 2 emissions of 10,018,000 kg CO2e (10,018 tonnes CO2e), and Scope 3 emissions of 46,453,000 kg CO2e (46,453 tonnes CO2e). In 2015, total reported emissions were 80,344,000 kg CO2e (80,344 tonnes CO2e), with Scope 1 at 24,863,000 kg CO2e (24,863 tonnes CO2e), Scope 2 at 7,034,000 kg CO2e (7,034 tonnes CO2e), and Scope 3 at 48,447,000 kg CO2e (48,447 tonnes CO2e). For 2014, total reported emissions were 81,620,000 kg CO2e (81,620 tonnes CO2e), including Scope 1 emissions of 21,654,000 kg CO2e (21,654 tonnes CO2e), Scope 2 emissions of 7,595,000 kg CO2e (7,595 tonnes CO2e), and Scope 3 emissions of 52,371,000 kg CO2e (52,371 tonnes CO2e). In 2013, total reported emissions reached 89,188,000 kg CO2e (89,188 tonnes CO2e), with Scope 1 at 26,711,000 kg CO2e (26,711 tonnes CO2e), Scope 2 at 7,602,000 kg CO2e (7,602 tonnes CO2e), and Scope 3 at 54,875,000 kg CO2e (54,875 tonnes CO2e).
Naval Group has set several ambitious reduction targets. They aim to reduce their Scope 1 and Scope 2 emissions by 50% by 2030 from a 2020 baseline. Additionally, they are committed to reducing their direct greenhouse gas emissions (Scope 1 and Scope 2) by a factor of six (an 83.33% reduction) by 2050 compared to 2014, which equates to a reduction of approximately 70,000 tonnes CO2e. The company also aims for a 5% annual reduction in Scope 1 and Scope 2 emissions between 2021 and 2023 as part of their profit-sharing agreement.
Furthermore, Naval Group has set a long-term goal to reduce total Scope 3 emissions by at least 50% between 2008 and 2050. They are also working towards achieving carbon neutrality by 2050, aligning with the International Maritime Organisation (IMO) low-carbon objectives and the UN SDG 13. A near-term net-zero target also indicates a goal to reduce Scope 1 and 2 emissions to near zero by 2025. Naval Group's commitment includes phasing out GHG emissions from international shipping as soon as possible over the course of the century.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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