Orange

"The company Orange has set a net zero target for 2040. Net Zero Tracker
This includes an interim target to reduce CO2 emissions by 30% compared to 2015 levels by 2025, and to ensure that 50% of the Group’s energy will come from renewables. Net Zero Tracker
Orange's target covers scope 1 and 2 emissions, and partially covers scope 3 emissions. Net Zero Tracker
An interesting fact about their environmental policy is that they have a publicly available plan that outlines the steps towards achieving their target, and they provide annual reporting on their progress. Net Zero Tracker
In addition, …"

Current Score (vs. LY)

69.0 pts (-)

Last Update: Dec. 12, 2023

Current Rankings

Global: #13

CAC40: #5

Communication Services: #2

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 1 335,654321,886282,526
Scope 2 - location-based 1,130,9291,087,798NA
Scope 2 - market-based 909,1771,007,095990,554
Scope 1-2 - location-based 1,466,5831,409,684282,526
Scope 1-2 - market-based 1,244,831 1,328,981 1,273,080
Scope 3 06,072,0005,979,000
Total - location-based 1,466,5837,481,6846,261,526
Total - market-based 1,244,831 7,400,981 6,900,080

Note: Data sources detailed here

Y2022 Y2021
Total CO2e estimate (by Net0Tracker) 6,932,3577,400,981
Methodology Scope 3 based on previous yearAs 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our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated.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.

Orange belongs to the sector Communication Services.

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
S3 14.0 2018 2025
S1S2MKT 29.6 2018 2025
S1S2S3MKT 45.0 2020 2030


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 2040


Science-based Targets (SBTI)

Date Published / Updated :01/05/2021

Near-term Long-Term Net Zero Standard
Targets Set : 1.5°C by 2025 No target Yes
Orange is a member of the Business Ambition for 1.5 campaign (link here )

Orange commits to reduce absolute scope 1 and 2 GHG emissions by 29.6% by 2025 from a 2018 base year. Orange commits to reduce its scope 3 emissions 14% by 2025 from a 2018 base year.

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 Orange by zerotracker.net: Feb. 5, 2024
Planning to use external offset credits Not Specified
Separate targets for emission reductions and removals Yes
Conditions on use of offset credits None
Plans for carbon dioxide removal (CDR) Yes (nature-based removals e.g. Forestation, soil carbon enhancement)

Additional notes: By 2040, we aim to reduce our CO2 emissions by 90% (compared to 2020) by acting on scope 1, 2 and 3 of the Greenhouse Gas Protocol. To achieve our Net Zero Carbon target, we will also reduce our 10% residual emissions by investing in carbon sequestration initiatives through physical and biological processes such as photosynthesis in oceans, forests, biomass, soils, etc. Orange Nature adds a new dimension to the carbon sequestration projects that we have been supporting for several years by boosting socio-economic development and preserving local biodiversity through carbon sink projects in Europe and MEA: in 2021, we joined the Livelihoods Carbon Fund 3 and co-launched a single-investor fund with Mirova. Overall, we aim to produce a significant volume of carbon credits and capture a large proportion of our residual CO2 by 2040.

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 10.0 10.0 -
3 CDP score demonstrates the level of transparent disclosures 9.0 10.0 -
Transparency 29.0 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 5.0 10.0 -
7 Targets are science-based as validated by SBTi 10.0 10.0 -
Commitments 25.0 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) 5.0 10.0 -
10 Implied Temperature Rating by MSCi 10.0 10.0 -
Results 15.0 30.0 -
Total 69.0 100.0 -


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? full 5.0 / 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? 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? 7.4
5.0 / 5.0 -
What is the forward-looking GHG% reduction (without compensation) for scope 1+2+3? -25.6
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 %): 16.9
Actual (in %): 9.4
0.0 / 5.0 -
Momentum: last year % reduction vs. forward-looking target Objective (in %): 7.4
Actual (in %): 6.3
0.0 / 5.0 -
Criteria 9 : Results based on scope 1 - 2 - 3
Performance to date: cumulative% reduction vs. target Objective (in %): 9.0
Actual (in %): 82.0
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 10 : Implied Temperature Rise (ITR)
Is the company aligned with global climate targets? ITR: 1.3°C 10.0 / 10.0 -
Total 69.0 / 100.0 -


Available Data Sources

Reporting Year 2022 2022 2021 2020
Source Public Wikirate (NV) Public Public
Publication Year 2023 2023 2023 2023
Scope 1 335,654 335,654 321,886 282,526
Scope 2 - location-based 1,130,929 909,177 1,087,798 NA
Scope 2 - market-based 909,177 NA 1,007,095 990,554
Scope 1-2 - location-based 1,466,583 1,244,831 1,409,684 282,526
Scope 1-2 - market-based 1,244,831 NA 1,328,981 1,273,080
Scope 3 0 0 6,072,000 5,979,000
Total - location-based 1,466,583 1,244,831 7,481,684 6,261,526
Total - market-based 1,244,831 NA 7,400,981 6,900,080

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