Stellantis
More information available in H2-2024

"Stellantis has committed to achieving carbon net zero emissions by 2038. Net Zero Tracker
The company has set interim targets to reduce emissions from scope 1 and 2 by 50% in 2025 and by 75% in 2030, using 2021 as a baseline. Net Zero Tracker
The achievement of these targets is dependent on key external factors such as decarbonized energy and conducive public policies for Battery Electric Vehicles (BEVs). Net Zero Tracker
An interesting aspect of Stellantis's environmental policy is that it includes climate requirements in its purchasing agreements, considering all CO2-equivalent emissions from the extraction of raw material to …"

Current Score (vs. LY)

7.5 pts (-)

Last Update: Dec. 12, 2023

Current Rankings

Global: #471

CAC40: #38

Consumer Discretionary: #64

0.0%

Transparency

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

0.0%

Commitments

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

25.0%

Results

Results and actions to deliver on commitments for real

Greenhouse Gas Emissions

Last 3 Years Emissions Data Summary

Y2021
Scope 1 1,641,028
Scope 2 - location-based NA
Scope 2 - market-based 2,233,459
Scope 1-2 - location-based 1,641,028
Scope 1-2 - market-based 3,874,487
Scope 3 0
Total - location-based 1,641,028
Total - market-based 3,874,487

Note: Data sources detailed here

Y2022 Y2021
Total CO2e estimate (by Net0Tracker) 86,982,829210,848,293
Methodology Pre-calculated sector intensity (revenue)Pre-calculated sector intensity (revenue)

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


Scope 3 Emissions not available

Emissions Trajectory (Full Scopes)



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our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated.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.

Stellantis belongs to the sector Consumer Discretionary.

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 Stellantis by zerotracker.net: April 8, 2024
Planning to use external offset credits Yes
Separate targets for emission reductions and removals No
Conditions on use of offset credits
  • Maximum percentage of emissions that can be offset
  • Avoid biodiversity harm
  • Avoid social harm
  • Other conditions
Plans for carbon dioxide removal (CDR) No

Additional notes: Offsets: "In order to contribute to the collective global carbon neutrality objective in the most efficient way, Stellantis’ strategy is based on energy consumption reduction first, then carbon footprint reduction at the maximum, before balancing residual GHG emissions with carbon removal and additional other compensation solutions if relevant... Concurrently, Stellantis has engaged an in-depth screening of mature and emerging technologies- including Spot Source Capture, Direct Air Capture, Biochar, Mineral Storage, Reforestation & Afforestation etc. - to assess the most reliable and impactful carbon removal and storage technologies. Stellantis is committed to investing in a portfolio of carbon removal technologies and projects across several continents. Key orientations on this topic are planned to be submitted to the Strategy Council consistently with the timeline of decisions to be made for the Stellantis Carbon Net Zero roadmap. In the Spring of 2023 Stellantis Ventures made a strategic investment in NetZero, a climate venture specializing in long-term carbon removal from the atmosphere by turning agriculture residues into biochar, a very stable form of carbon. Biochar can be mixed with agricultural soils, improving yields and reducing the need for fertilizers." [p. 36 of https://web.archive.org/web/20240408114015/https://www.stellantis.com/content/dam/stellantis-corporate/sustainability/csr-disclosure/stellantis/2023/Stellantis-2023-CSR-Report.pdf] Carbon credit conditions: "Stellantis’ 2038 carbon neutrality commitment incorporates more than 90% reduction in emissions. For residual emissions that cannot be abated, Stellantis’ position is to select carbon removal projects that strictly respect a set of robust quality criteria, which notably include additionality, no harm requirements for local ecosystems and communities, and environmental, social & biodiversity co-benefits." [p. 36 of https://web.archive.org/web/20240408114015/https://www.stellantis.com/content/dam/stellantis-corporate/sustainability/csr-disclosure/stellantis/2023/Stellantis-2023-CSR-Report.pdf]

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 0.0 10.0 -
2 Scope 3 emissions are fully reported and externally-verified 0.0 10.0 -
3 CDP score demonstrates the level of transparent disclosures 0.0 10.0 -
Transparency 0.0 30.0 -
4 Net Zero Commitments by 2050 include an intermediate target and cover all the emissions 0.0 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 0.0 10.0 -
Commitments 0.0 40.0 -
8 Results re. operational emissions reduction: on-pace (performance-to-date) and momentum (forward-looking targets) 0.0 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 7.5 10.0 -
Results 7.5 30.0 -
Total 7.5 100.0 -


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? NC 0.0 / 5.0 -
Are S1+S2 figures verified by a 3rd-party for the last reporting year? NC 0.0/ 5.0 -
Criteria 2 : Transparency on value chain emissions (Scope 3)
Are the 15 categories fully or partly disclosed? NC 0.0 / 5.0 -
Are S3 figures fully or partly verified by a 3rd-party for the last reporting year? NC 0.0 / 5.0 -
Criteria 3 : Quality and Frequency of reporting
What is the latest CDP score (no later than the preceding year)? F 0.0 / 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? NC 0.0 / 3.0 -
Does the net zero target include an intermediate target by 2030? NC 0.0 / 3.0 -
Does the net zero target include all the emissions? NC 0.0 / 4.0 -
Criteria 5 : Target year for Net Zero Commitments
Target year for achieving net zero emissions for S1+S2? NC 0.0 / 5.0 -
Target year for achieving net zero emissions for S1+S2+S3 combined? NC 0.0 / 5.0 -
Criteria 6 : Reduction objectives
What is the forward-looking GHG% reduction (without compensation) for scope 1+2?
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? NC 0.0 / 10.0 -
Criteria 8 : Results based on scope 1 - 2
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 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: 1.6°C 7.5 / 10.0 -
Total 7.5 / 100.0 -


Available Data Sources

Reporting Year 2022 2021
Source Wikirate (NV) Yourstake
Publication Year unknown 2022
Scope 1 1,500,000 1,641,028
Scope 2 - location-based 1,900,000 NA
Scope 2 - market-based NA 2,233,459
Scope 1-2 - location-based 3,400,000 1,641,028
Scope 1-2 - market-based NA 3,874,487
Scope 3 447,200,000 0
Total - location-based 450,600,000 1,641,028
Total - market-based NA 3,874,487

Sources

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

© Vincent Manier - September 2021 About us . Keep in touch . Blog