Our response to climate change
In response to the climate emergency, Eramet has made the decarbonization of its activities a major priority. Its subsidiaries are implementing plans to reduce Eramet’s overall CO2 emissions by 40% by 2035 and to achieve carbon neutrality by 2050.
Our response to climate change is currently two-pronged: reducing the CO2 emissions of our activities (scopes 1 and 2) and supporting the global energy transition, via the metals we produce.
Our path to decarbonization
Our ongoing efforts in this area have been recognized, with the Carbon Disclosure Project (CDP) awarding us a grade of A- in 2022, an improvement on 2021 (B). Since 2018, we have completed its Climate questionnaire every year.
Eramet is committed to reducing its CO2 emissions (scopes 1 and 2) by 40% by 2035 compared with 2019, and is aiming for carbon neutrality in 2050. This strategy was validated by the SBTi (Science-Based Target initiative) in 2021.
This target has been incorporated into our CSR commitments, and takes the form of a roadmap detailing the actions to be implemented over the coming years to decarbonize our operational activities.
Achieving this objective will require direct investment by Eramet of around 500 million euros between now and 2035, as well as substantial indirect investment by the Group’s partners.
Scope 3: engaging our customers and suppliers
Eramet has pledged that by 2025, two thirds of its customers and suppliers will have set an emissions reduction target that is compatible with the Paris Agreement. By the end of 2022, 33% of the Group’s suppliers and customers had made such a commitment.
In 2022, Eramet also launched an initiative aimed at introducing a program to raise employees’ awareness about climate change issues, and at stepping up its dialogue with key partners in order to build collective momentum for reducing greenhouse gas emissions.