Valeo
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Valeo's score of 54 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Valeo's reported carbon emissions
In 2023, Valeo reported total carbon emissions of approximately 45,200,000,000 kg CO2e. This includes Scope 1 emissions of about 186,000,000 kg CO2e, Scope 2 emissions of approximately 464,000,000 kg CO2e, and significant Scope 3 emissions, notably 36,200,000,000 kg CO2e from the use of sold products and 8,000,000,000 kg CO2e from purchased goods and services. 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, the company targets a 75% reduction in Scope 1 and 2 emissions by 2030, using 2019 as the baseline year. Additionally, Valeo aims to reduce its Scope 3 emissions from purchased goods and services and from the use of sold products by 15% by 2030, also compared to the 2019 baseline. 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 sustainability and reducing its overall carbon footprint.
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| 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 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 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 | 000,000,000 | - | 000,000,000 | 000,000,000 | 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 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
