Eurazeo

Eurazeo, headquartered in France and operating within the Chemicals nec sector, has reported significant carbon emissions and established ambitious climate commitments.

For the reporting year 2024, Eurazeo reported a total of approximately 3.69 billion kg CO2e. This figure breaks down into approximately 45,000 kg CO2e for Scope 1 emissions and approximately 80,000 kg CO2e for Scope 2 emissions (market-based). Scope 3 emissions accounted for the vast majority, totalling approximately 3.69 billion kg CO2e, with investments being the largest contributor.

In 2023, Eurazeo's total emissions were approximately 8.25 million kg CO2e, comprising approximately 51,000 kg CO2e for Scope 1 and approximately 21,000 kg CO2e for Scope 2 (market-based). Scope 3 emissions for 2023 were approximately 8.18 million kg CO2e.

Looking at prior years, in 2022, total emissions were approximately 13.36 million kg CO2e, with Scope 1 at approximately 65,000 kg CO2e and Scope 2 at approximately 14,000 kg CO2e (market-based). Scope 3 emissions were approximately 13.28 million kg CO2e in 2022. In 2021, total emissions were approximately 10.22 million kg CO2e, with Scope 1 at approximately 34,000 kg CO2e and Scope 2 at approximately 146,000 kg CO2e. Scope 3 emissions in 2021 were approximately 8.59 million kg CO2e.

Eurazeo has set a target to reduce its Scope 1 and 2 greenhouse gas emissions in absolute terms by 55% by 2030, using 2017 as the baseline year. Furthermore, Eurazeo aims to achieve carbon net neutrality by 2040 at the latest, aligning its activities with a scenario that limits global warming to well below the 1.5°C threshold. Eurazeo's portfolio targets cover 39% of its total investment and lending activities by invested capital as of September 2021, with these targets being consistent with reductions required to keep warming to 1.5°C for Scopes 1 and 2.