Safran

"Safran's net zero target is to achieve carbon neutrality by 2050. Net Zero Tracker
This goal is part of the industry’s collective aim. Net Zero Tracker
The company has launched a Low-carbon plan to reduce greenhouse gas emissions from its industrial facilities and infrastructures, which corresponds to scopes 1 and 2 of the project. Net Zero Tracker
An interesting fact about Safran's environmental policy is that it has an interim target of reducing emissions by 50.0% relative to 2018 emissions by 2030. Net Zero Tracker
In addition, you can check out the net-zero commitments and data for the relevant actors:"

Current Score (vs. LY)

51.5 pts (-)

Last Update: Dec. 12, 2023

Current Rankings

Global: #63

CAC40: #17

Industrials: #6

Transparency

Quality of climate reporting based on public disclosures, completeness and verification of GHG emissions

Commitments

Level of ambition through gross absolute emissions reduction and 'net zero' targets

Results

Results and actions to deliver on commitments for real

Greenhouse Gas Emissions

Last 3 Years Emissions Data Summary

Y2022Y2021Y2020
Scope 1 177,299177,317149,077
Scope 2 - location-based 264,420244,466277,640
Scope 2 - market-based 226,431225,796253,762
Scope 1-2 - location-based 441,719421,783426,717
Scope 1-2 - market-based 403,730 403,113 402,839
Scope 3 61,003,30055,435,38564,842,429
Total - location-based 61,445,01955,857,16865,269,146
Total - market-based 61,407,030 55,838,498 65,245,268

Note: Data sources detailed here

Y2022 Y2021
Total CO2e estimate (by Net0Tracker) 61,407,03055,838,498
Methodology As reportedAs reported

Carbon emissions are estimated according to comparable years, intensity and sector benchmarks

Performance vs. Target

Note: Targets without baseline are ignored. In case several targets exist, only the shorter-term target is displayed.


Value Chain (scope 3) Emissions by Category

Emissions Trajectory (Full Scopes)



Please refer to the library for viewing the supporting documentation

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Sector Benchmark

Note: Latest GHG and revenue data (based on tradingview.com) are used to calculate GHG emissions intensity by sector. The color scale of each bubble depends on the GHG intensity (GHG emissions per 1 million USD revenue). Sectors follow the Global Industry Classification Standard (GICS) that organize companies based on their primary business activities. The 11 sectors are : Information Technology, Health Care, Financials, Consumer Discretionary, Communication Services, Industrials, Consumer Staples, Energy, Utilities, Real Estate, and Materials.

Safran belongs to the sector Industrials.

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Reduction and Net Zero Targets

>Note: intensity targets are not represented in the current version - see Methodology

Gross Absolute Emission Reductions

Scope Reduction Objectives Base Year Target Year Comments
S1S2MKT 30.0 2018 2025
S3 50.0 2018 2030 Note that all the scope 3 emissions categories are not fully covered
S1S2MKT 50.4 2018 2030
S3 42.5 2018 2035 Note that all the scope 3 emissions categories are not fully covered


Net Absolute Emission Reductions

There is no absolute emission reduction recorded in our database. Email us to report missing information Email



Net Zero Future Commitments

Scope Scope 3 Coverage Target Year Comments
S1S2S3MKT FULL 2050


Science-based Targets (SBTI)

Date Published / Updated :01/02/2023

Near-term Long-Term Net Zero Standard
Targets Set : 1.5°C by 2030 No target No

Safran commits to reduce absolute scope 1 and 2 GHG emissions 50.4% by 2030 from a 2018 base year.* Safran also commits to reduce scope 3 GHG emissions from the use of sold products 42.5% per available seat kilometer by 2035 from a 2018 base year.* ** Safran further commits to reduce indirect use-phase emissions 42.5% per available seat kilometer within the same timeframe.* ** * The target boundary includes biogenic emissions and removals from bioenergy feedstocks. ** Non-CO₂ effects which may also contribute to aviation induced warming are not included in this target. Safran commits to report publicly on its collaboration with stakeholders to improve understanding of opportunities to mitigate the non-CO2e impacts of aviation annually over its target timeframe

Data source: SBTI

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Offsets

Last update for Safran by zerotracker.net: Oct. 4, 2022
Planning to use external offset credits Yes
Separate targets for emission reductions and removals No
Conditions on use of offset credits
  • No conditions specified
Plans for carbon dioxide removal (CDR) Not Specified

Additional notes: Offset: '(2) In-flight greenhouse gas emissions and emissions/capture related to fuel production and residual emissions offset by carbon sinks close to zero by 2050.' (p22, 2021)

Data source from zerotracker.net - For more information, see methodology

Score Summary

Ref Principle Score
(points)
Max
(points)
Delta
(points)
1 At least 2 years of GHG emissions for scope 1 and 2 are publicly-available and externally-verified 10.0 10.0 -
2 Scope 3 emissions are fully reported and externally-verified 7.5 10.0 -
3 CDP score demonstrates the level of transparent disclosures 9.0 10.0 -
Transparency 26.5 30.0 -
4 Net Zero Commitments by 2050 include an intermediate target and cover all the emissions 10.0 10.0 -
5 Net Zero targets demonstrate a high-level of emergency 0.0 10.0 -
6 Emission reduction targets on a forward-looking basis are ambitious 0.0 10.0 -
7 Targets are science-based as validated by SBTi 10.0 10.0 -
Commitments 20.0 40.0 -
8 Results re. operational emissions reduction: on-pace (performance-to-date) and momentum (forward-looking targets) 5.0 10.0 -
9 Results re. value chain emissions reduction: on-pace (performance-to-date) and momentum (forward-looking targets) 0.0 10.0 -
10 Implied Temperature Rating by MSCi 0.0 10.0 -
Results 5.0 30.0 -
Total 51.5 100.0 -


Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email


Score Details

Criteria Results 2023 Score 2022 Score Vs. 2022 2021 Score
Criteria 1 : Transparency on operational emissions (Scope 1 + 2)
Are S1+S2 figures publicly-disclosed for the last reporting year and the preceding period? yes 5.0 / 5.0 -
Are S1+S2 figures verified by a 3rd-party for the last reporting year? yes 5.0/ 5.0 -
Criteria 2 : Transparency on value chain emissions (Scope 3)
Are the 15 categories fully or partly disclosed? full 5.0 / 5.0 -
Are S3 figures fully or partly verified by a 3rd-party for the last reporting year? partly 2.5 / 5.0 -
Criteria 3 : Quality and Frequency of reporting
What is the latest CDP score (no later than the preceding year)? A- 9.0 / 10.0 -
How many interim reporting were provided between 2 reporting periods (GHG emissions only)?
Criteria 4 : Net Zero Commitments
Does the net 0 target include a statement of a generally-accepted net zero emission target by 2050? yes 3.0 / 3.0 -
Does the net zero target include an intermediate target by 2030? 2025 3.0 / 3.0 -
Does the net zero target include all the emissions? yes 4.0 / 4.0 -
Criteria 5 : Target year for Net Zero Commitments
Target year for achieving net zero emissions for S1+S2? 2050 0.0 / 5.0 -
Target year for achieving net zero emissions for S1+S2+S3 combined? 2050 0.0 / 5.0 -
Criteria 6 : Reduction objectives
What is the forward-looking GHG% reduction (without compensation) for scope 1+2? -0.1
0.0 / 5.0 -
What is the forward-looking GHG% reduction (without compensation) for scope 1+2+3?
No target found
0.0 / 5.0 -
Criteria 7 : Science-Based Targets
What type of science-based target (as validated by SBTi) did the company commit to? Targets Set 1.5°C 10.0 / 10.0 -
Criteria 8 : Results based on scope 1 - 2
Performance to date: cumulative% reduction vs. target Objective (in %): 17.1
Actual (in %): 30.2
5.0 / 5.0 -
Momentum: last year % reduction vs. forward-looking target Objective (in %):
Actual (in %):
Forward-looking reduction could not be calculated
0.0 / 5.0 -
Criteria 9 : Results based on scope 1 - 2 - 3
Performance to date: cumulative% reduction vs. target Objective (in %):
Actual (in %):
No target found
0.0 / 5.0 -
Momentum: last year % reduction vs. forward-looking target Objective (in %):
Actual (in %):
No target found
0.0 / 5.0 -
Criteria 10 : Implied Temperature Rise (ITR)
Is the company aligned with global climate targets? ITR: 3.2°C 0.0 / 10.0 -
Total 51.5 / 100.0 -


Available Data Sources

Reporting Year 2022 2021 2020
Source Public Public Public
Publication Year 2023 2023 2023
Scope 1 177,299 177,317 149,077
Scope 2 - location-based 264,420 244,466 277,640
Scope 2 - market-based 226,431 225,796 253,762
Scope 1-2 - location-based 441,719 421,783 426,717
Scope 1-2 - market-based 403,730 403,113 402,839
Scope 3 61,003,300 55,435,385 64,842,429
Total - location-based 61,445,019 55,857,168 65,269,146
Total - market-based 61,407,030 55,838,498 65,245,268

Sources

Please refer to the library for viewing the supporting documentation

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email