Valeo, officially known as Valeo SA, is a prominent global automotive supplier headquartered in France. Established in 1923, the company has evolved into a key player in the automotive industry, focusing on innovative technologies and sustainable mobility solutions. With major operational regions across Europe, Asia, and North America, Valeo is dedicated to enhancing vehicle performance and safety. The company’s core business areas include powertrain systems, thermal systems, and visibility systems, offering a diverse range of products such as advanced driver assistance systems and electric vehicle components. Valeo's commitment to research and development has positioned it as a leader in automotive innovation, contributing to its notable achievements in the market. With a strong emphasis on eco-friendly solutions, Valeo continues to shape the future of mobility while maintaining a competitive edge in the automotive sector.
How does Valeo's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Motor Vehicle Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Valeo's score of 71 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Valeo reported total carbon emissions of approximately 45,200,000,000 kg CO2e, with emissions distributed across various scopes: 1,860,000,000 kg CO2e from Scope 1, 4,640,000,000 kg CO2e from Scope 2, and a significant 44,752,000,000 kg CO2e from Scope 3. The Scope 3 emissions include 23,500,000 kg CO2e from employee commuting and 36,200,000,000 kg CO2e from the use of sold products. Valeo has set ambitious climate commitments, aiming for carbon neutrality by 2050 across all its operations and supply chain, which encompasses Scopes 1, 2, and upstream Scope 3 emissions. In the near term, Valeo has established a target to reduce its Scope 1 and 2 emissions by 75% by 2030, relative to a 2019 baseline. Additionally, the company aims to cut its Scope 3 emissions from purchased goods and services, as well as from the direct and indirect use of sold products, by 15% by 2030. These targets have been validated by the Science Based Targets initiative (SBTi) and align with a 1.5°C scenario, demonstrating Valeo's commitment to addressing climate change effectively. The company's long-term strategy, encapsulated in its CAP 50 plan, further reinforces its dedication to achieving carbon neutrality across its entire value chain by 2050.
Access structured emissions data, company-specific emission factors, and source documents
2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | 153,200,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Scope 2 | 506,400,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Scope 3 | 4,738,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Valeo is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.