ENGIE
Climate Impact & Sustainability Data (2018, 2020, 2021, 2022-2023, 2023)
Reporting Period: 2018
Environmental Metrics
ESG Focus Areas
- Climate change
- Biodiversity
- Circular economy
- Water management
- Diversity & Inclusion
- Health & Safety
- Ethics & Compliance
- Stakeholder Engagement
- Access to Energy
Environmental Achievements
- CO2 emissions down by -56% versus 2012
- 85% of non-hazardous waste recovered
- -39% of fresh water abstraction/MWh electricity generation in 2018 compared to 2012
- Share of low carbon activities in EBITDA: 93%
Social Achievements
- Launched ENGIE Mobility program supporting employee career plans
- Implemented a Group action plan for preventing sexism and sexual harassment
- Launched the Energy Purchasing Power plan, providing affordable gas boilers to low-income households
- Employee commitment rate: 79%
Governance Achievements
- Board of Directors with 60% independence rate and 40% female representation
- ISO37001 certified anti-corruption process
- Executive Compensation Linked To ESG: Yes (detailed breakdown provided)
Climate Goals & Targets
- Not disclosed
- Half of the Group’s production mix will consist of renewable sources by 2030
- 30% reduction in the energy consumption of buildings by 2030
- 50% female managers by 2030
- Increase in renewables capacity by 9 GW (2019-2021)
- Asset rotation program (disposals) of €6bn (2019-2021)
- Cost reduction performance program of €800m (2019-2021)
Environmental Challenges
- Climate change
- Country risks and regulatory risks
- Financial risks
- Economic and competitive environment risks
- Reputation risks
- Operational risks
- Human resources and transformation challenges
- Risks related to information systems
Mitigation Strategies
- Investment in low-carbon technologies and reduction of greenhouse gas emissions
- Implementation of hedging instruments and policies, power purchase agreements (PPAs), tax policy
- Adaptation of the asset portfolio and reduction of merchant exposure
- Implementation of policies, organization, procedures and governance to prevent operational failures
- Management of major projects at Group level
- Integrated security management
- Compliance with social commitments, prevention of psychosocial risks
- Permanent adaptation of measures for prevention, detection and the protection of information systems
Supply Chain Management
Supplier Audits: 250 preferred suppliers assessed in 2018
Responsible Procurement
- CSR selection criteria tailored to purchasing categories
- Integration of contractual clauses with penalty system for CSR non-compliance
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Development of renewable energy sources, biogas, hydrogen
Reporting Standards
Frameworks Used: GRI, TCFD, AA1000
Certifications: ISO 14001, ISO 37001
Third-party Assurance: Independent third-party report
UN Sustainable Development Goals
- 7 (Affordable and Clean Energy)
- 9 (Industry, Innovation and Infrastructure)
- 11 (Sustainable Cities and Communities)
- 13 (Climate Action)
- 17 (Partnerships for the Goals)
ENGIE's activities contribute to these SDGs through renewable energy development, energy efficiency services, sustainable urban solutions, and stakeholder collaborations.
Sustainable Products & Innovation
- Smart meters
- Green gas solutions
- Hydrogen technologies
- Energy efficiency services
- Electric vehicle charging stations
Awards & Recognition
- B Corp™ certification for ENGIE Rassembleurs d’Énergies Fund
Reporting Period: 2020
Environmental Metrics
ESG Focus Areas
- Climate Change
- Biodiversity
- Energy Transition
- Gender Diversity
- Health and Safety
- Sustainable Finance
- Responsible Supply Chain
Environmental Achievements
- Reduced GHG emissions from energy production by 52% compared to 2012.
- Achieved 31% renewable energy share in electricity production capacity.
- Avoided 21 Mt of CO2 eq emissions through customer decarbonization initiatives.
Social Achievements
- Increased percentage of women in management to 24.1%.
- Reduced lost time injury frequency rate to 2.7.
- Launched ENGIE Care, a global social protection program.
Governance Achievements
- Board of Directors with 60% independence rate and 50% women membership.
- Incorporated CSR criteria into CEO and top management compensation.
Climate Goals & Targets
- Net Zero Carbon by 2045 (scopes 1, 2, and 3).
- 50% female managers by 2030.
- Help customers avoid 45 Mt CO2 eq emissions by 2030.
- 100% of preferred suppliers SBT aligned or certified by 2030.
- 80 GW of renewables capacity by 2030.
- Net Zero Carbon in working methods by 2030.
- 10% work-study internships in French workforce by 2021.
Environmental Challenges
- Climate change and its physical and transition risks.
- Decarbonization of the economy.
- Biodiversity loss.
- Social impacts of energy transition (e.g., coal phase-out).
Mitigation Strategies
- Net Zero Carbon commitment by 2045.
- Plan to withdraw from coal by 2027.
- Investment in renewables (aiming for 80 GW by 2030).
- Development of green gases (biomethane, hydrogen).
- Social support plans for employees affected by energy transition.
Supply Chain Management
Responsible Procurement
- Health and safety requirements.
- Business ethics requirements (anti-corruption).
- Encouraging preferred suppliers to adopt SBT-aligned decarbonization trajectories.
Climate-Related Risks & Opportunities
Physical Risks
- Rising temperatures
- Floods
- Droughts
- Winds
- Heat waves
Transition Risks
- Regulatory changes
- Market shifts
- Changes in consumer behavior
Opportunities
- Growth in renewables
- Development of green gases
- Energy efficiency services
Reporting Standards
Frameworks Used: IIRC, UN Global Compact, Science Based Targets initiative (SBTi), TCFD
Third-party Assurance: Deloitte & Associés, Ernst & Young et Autres
UN Sustainable Development Goals
- SDG 5
- SDG 7
- SDG 8
- SDG 9
- SDG 11
- SDG 13
- SDG 3
- SDG 6
- SDG 10
- SDG 12
- SDG 15
- SDG 16
- SDG 17
ENGIE's CSR objectives and commitments contribute to several SDGs.
Sustainable Products & Innovation
- Green electricity and gas offers.
- Decentralized energy networks.
- Energy efficiency services.
- Renewable hydrogen production.
Awards & Recognition
- Trophée d’Or for best shareholder relations on the CAC40 (2019)
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Climate change
- Renewable energy
- Decarbonization
- Diversity & Inclusion
- Health and safety
- Sustainable supply chain
Environmental Achievements
- Reduced greenhouse gas emissions from energy production to 67 million tons CO2 eq. (down slightly from 68 Mt in 2020)
- Increased share of renewables in electricity production capacity mix to 34% (from 31% in 2020)
- Commissioned 3 GW of additional renewable assets in 2021
- Closed coal-fired power plant Jorge Lacerda in Brazil and Pego in Portugal
Social Achievements
- Launched Fifty-Fifty program to achieve gender balance by 2030
- Increased percentage of women in Group management to 24.6% (from 24.1% in 2020)
- Improved professional and pay gender equity index (89 in France, 82 outside France)
- Implemented ENGIE Care social protection program worldwide
Governance Achievements
- Improved CSR ratings from major agencies (Moody's ESG, Sustainalytics, ECOVADIS, CDP)
- Maintained inclusion in Dow Jones Sustainability Index
- Implemented ISO 37001 certification for anti-corruption
Climate Goals & Targets
- Achieve carbon neutrality across scopes 1, 2, and 3 by 2045
- Achieve 50 GW of installed renewable capacity by 2025, 80 GW by 2030
- Halve the carbon intensity of energy produced between 2017 and 2030
- Avoid 45 million tons of CO2 emissions by customers by 2030
- 50% female managers by 2030
- 100% employees trained annually by 2030
- Reduce water consumption of industrial activities by 35% compared with 2019
Environmental Challenges
- Supply chain disruptions in renewable energy sector due to geopolitical factors and increased demand
- High commodity prices and state intervention to protect consumers
- Regulatory changes in Brazil
- Health and safety incidents (16 fatalities in 2021)
- Climate change impacts on energy demand and generation
- Increased competition in energy sales and services
Mitigation Strategies
- Diversifying supply sources, developing partnerships with suppliers outside high-risk countries
- Engaging with regulators, implementing price stabilization mechanisms
- Closely monitoring regulatory changes, adapting business model
- Implementing comprehensive action plan to improve safety standards and procedures
- Investing in low-carbon technologies, setting ambitious GHG reduction targets
- Developing new offers, improving operational performance, focusing on green solutions
Supply Chain Management
Responsible Procurement
- Code of conduct for business relations
- Code of conduct for relations with suppliers
- Group Purchasing Charter
- Heightened vigilance action plan to manage risks of forced labor practices
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events (floods, droughts, heat waves)
- Sea level rise
Transition Risks
- Strengthening of emissions regulations
- Changes in market and consumer behavior
- Technological developments
Opportunities
- Development of renewable energy
- Development of green gas (biomethane and hydrogen)
- Decarbonization solutions for customers
Reporting Standards
Frameworks Used: GRI, TCFD, SBTi, UN Global Compact, EU Taxonomy
Certifications: ISO 14001, ISO 45001, OHSAS 18001, EMAS, ISO 37001, EDGE
UN Sustainable Development Goals
- Goal 7 (Affordable and clean energy)
- Goal 13 (Climate action)
ENGIE's initiatives contribute to these goals through renewable energy development, decarbonization efforts, and sustainable solutions
Sustainable Products & Innovation
- Green energy contracts
- Decarbonization services
- Renewable hydrogen production
- Biomethane production
Awards & Recognition
- Grand Prize for Youth Employment (HUMPACT)
Reporting Period: 2022-2023
Environmental Metrics
ESG Focus Areas
- Water Stewardship
- Ocean Preservation
- Climate Change Adaptation
- Biodiversity
Environmental Achievements
- Reduced freshwater consumption per energy produced from 0.342 m3/MWh in 2021 to 0.301 m3/MWh in 2022; targeting 0.1 m3/MWh by 2030.
- Implemented environmental plans for 37% of sites in 2022, targeting 100% by 2030.
- Implemented water reuse strategies at various sites (e.g., Mejillones LNG terminal, Storengy brine reuse).
- Reduced chlorine use by over 90% at Fos Cavaou LNG terminal using a biopolymer solution.
- Planted 150,000 mangrove seeds in 2022 as part of the Blue Carbon project in Abu Dhabi.
Social Achievements
- Launched 'Good Water' program in Brazil to preserve water springs.
- Implemented the 'Wellsprings Preservation Program' in Brazil, preserving over 2,000 water sources and impacting over 1,500 families.
- Rescued 6,543 specimens of native fauna in Spain during hydroelectric plant maintenance.
- Implemented fish migration facilitation projects in France.
Governance Achievements
- Renewed Water policy in 2022 based on CEO Water Mandate.
- Integrated water matters into its sustainable development strategy and CSR policy.
- Engaged in multi-stakeholder dialogue on water management.
- Publicly committed to the UN's 10 Sustainable Ocean Principles.
- Signed the "Business Leaders' Open Call to Accelerate Water Action" at the UN Water Conference.
Climate Goals & Targets
- Contribute to a nature-positive world by 2050.
- Reduce freshwater consumption per energy produced to 0.1 m3/MWh by 2030.
Environmental Challenges
- Water stress in various operational areas.
- Impacts of energy production on freshwater resources and ecosystems.
- Potential conflicts over water use in the future.
Mitigation Strategies
- Annual water risk assessment using the Aqueduct tool (World Resource Institute).
- Implementation of local action plans based on Alliance for Water Stewardship standards for sites in water-stressed areas.
- Analysis of water risk for upstream suppliers.
- Development and implementation of innovative water management technologies and practices (e.g., water reuse, desalination, biopolymer antifouling).
- Collaboration with stakeholders in watersheds.
Supply Chain Management
Supplier Audits: Partnership with EcoVadis for supplier assessment.
Responsible Procurement
- Sustainable development approach integrated into purchasing policy.
- Code of Conduct in Supplier Relations.
- Criteria for selecting suppliers based on social and environmental commitments.
- Targets for preferential & major suppliers on onboarding rate and assessment above a score of 45/100.
Climate-Related Risks & Opportunities
Physical Risks
- Water scarcity
- Extreme weather events
Transition Risks
- Regulatory changes
- Market shifts
Opportunities
- Development of water-efficient technologies
- New business opportunities in water management
Reporting Standards
Frameworks Used: GRI, CEO Water Mandate, UN Global Compact, UN Sustainable Ocean Principles
UN Sustainable Development Goals
- SDG 6: Clean Water and Sanitation
- SDG 13: Climate Action
- SDG 14: Life Below Water
- SDG 15: Life on Land
ENGIE's initiatives contribute to these goals through water conservation, renewable energy development, biodiversity protection, and climate change adaptation.
Awards & Recognition
- Award from the Sociedad Nacional de Míneria Petróleo y Energía on Sustainable Development for Chilca desalination power plant project.
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Climate Change
- Biodiversity
- Water Management
- Social Responsibility
- Governance
- Human Rights
- Supply Chain Sustainability
Environmental Achievements
- Reduced greenhouse gas emissions from energy generation to 52 million tons of CO2eq in 2023.
- Achieved 41% renewable energy share in electricity production capacity.
- Reduced freshwater consumption per energy produced.
- Reduced hazardous waste generation.
Social Achievements
- Achieved 31.2% female representation in Group management.
- Reduced lost time injury frequency rate.
- Rolled out the “ENGIE Care” program.
- Improved responsible purchasing index.
Governance Achievements
- Issued green bonds worth nearly €6 billion.
- Launched initiatives to decarbonize suppliers.
- Strengthened commitment to nature conservation.
- Implemented ENGIE One Safety plan.
Climate Goals & Targets
- Net Zero Carbon by 2045 across all three scopes.
- Achieve 58% renewable energy share by 2030.
- Reduce GHG emissions from energy generation to 43 Mt CO2eq by 2030.
- Reduce GHG emissions linked to gas sales to 52 Mt CO2eq by 2030.
- Avoid 45 Mt CO2eq emissions at customer sites by 2030.
- Have 80 GW of installed renewable capacity by 2030.
- Develop 10 GW of electric battery capacity by 2030.
- Produce 20 TWh per year of green energy for local energy networks by 2030.
- Produce 10 TWh of biomethane per year in Europe by 2030.
- Inject 50 TWh of biomethane into French networks by 2030.
- Reduce water consumption by 70% by 2030 (compared to 2019).
Environmental Challenges
- Insufficient efforts to achieve carbon neutrality.
- High energy prices.
- Geopolitical tensions and supply chain disruptions.
- Varying levels of stakeholder support for the energy transition.
Mitigation Strategies
- Committed to combating high prices (profit sharing and inframarginal revenue caps).
- Supported Retail customers through payment spreading plans, energy saving campaigns, and digital tools.
- Engaged with regulators on electricity market reform.
- Developed alternative sourcing strategies.
Supply Chain Management
Supplier Audits: EcoVadis assessment of key suppliers.
Responsible Procurement
- Code of conduct
- Supplier sustainability requirements
- Inclusive procurement policy
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events (heat waves, droughts, floods, extreme winds, hail)
- Impacts on production and energy demand
- Impacts on asset integrity
- Impacts on employee health
Transition Risks
- Regulatory changes
- Market shifts
- Reduction of gas volumes in networks
- Stricter carbon criteria for methane
- Availability of critical materials for renewable energy
Opportunities
- Development of energy-efficient products and services
- Growth in renewable energy
- Development of low-carbon gases (biomethane, hydrogen)
- Development of energy storage solutions (batteries, pumped hydro)
Reporting Standards
Frameworks Used: GRI, SASB, TCFD, UNGC, SBTi, EU Taxonomy, CSRD, ESRS
Certifications: ISO 37001
Third-party Assurance: Deloitte & Associés, Ernst & Young et Autres
UN Sustainable Development Goals
- Goal 7 (Affordable and Clean Energy)
- Goal 13 (Climate Action)
- Goal 5 (Gender Equality)
- Goal 8 (Decent Work and Economic Growth)
- Goal 6 (Clean Water and Sanitation)
- Goal 15 (Life on Land)
- Goal 12 (Responsible Consumption and Production)
- Goal 11 (Sustainable Cities and Communities)
ENGIE's initiatives contribute to these goals as detailed in the report.
Sustainable Products & Innovation
- Renewable energy solutions (solar, wind, hydro)
- Energy storage solutions (batteries, pumped hydro)
- Low-carbon gases (biomethane, hydrogen)
- Decentralized energy networks
- Waste heat recovery systems