Safran

Safran's reported carbon emissions

**Safran's Climate Commitments and Emissions Overview** Safran, headquartered in France and operating within the Furniture; other manufactured goods n.e.c. (36) industry, has set ambitious targets for emissions reduction and achieving carbon neutrality. In terms of emissions, Safran reported the following for the 2024 reporting year: * **Total Emissions:** Approximately 70.9 billion kg CO2e. * **Scope 1 Emissions:** Approximately 175.71 million kg CO2e. * **Scope 2 Emissions:** Approximately 322.05 million kg CO2e (market-based). * **Scope 3 Emissions:** Approximately 70.61 billion kg CO2e. Key contributors within Scope 3 include the use of sold products (approximately 63.4 billion kg CO2e) and purchased goods and services (approximately 6.64 billion kg CO2e). For the 2023 reporting year, Safran's total emissions were approximately 68.5 billion kg CO2e. **Emissions Reduction Targets and Initiatives:** Safran is committed to significant emissions reductions, aligned with a 1.5°C scenario. Key targets include: * **Scope 1 and 2 Emissions:** A commitment to a 50.4% reduction by 2030, compared to a 2018 baseline. The company also aims for a 30% reduction by 2025 against the same baseline. Some reports indicate a 35% reduction target by 2025 and a 50% reduction by 2030 (vs. 2018) for Scope 1 and 2 emissions. More recent SBTi data indicates a commitment to reduce absolute Scope 1 and 2 GHG emissions by 60% by 2034 from a 2023 base year. * **Scope 3 Emissions:** A target to reduce Scope 3 emissions from the use of sold products by 42.5% per available seat kilometer by 2035, compared to a 2018 baseline. Additionally, indirect use-phase emissions are targeted for a 42.5% reduction per available seat kilometer within the same timeframe. SAF S.p.A., an entity associated with Safran, has committed to reducing absolute Scope 3 GHG emissions from purchased goods and services by 35% by 2034 from a 2023 base year. Furthermore, Safran, as part of the broader air transport sector, has committed to achieving carbon neutrality by 2050 through the Air Transport Action Group (ATAG). The company has also joined the ATAG in committing to net-zero carbon emissions by 2050 for the aviation industry.