Thales
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:90%
Total Energy Consumption:Not disclosed
Water Consumption:1.51 million m3/year (2023)
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Climate Change
- Diversity and Inclusion
- Ethics and Integrity
- Workplace Health and Safety
Environmental Achievements
- 52% reduction in operational CO2 emissions (Scopes 1 & 2 and business travel) from 2018 levels
- 90% of electricity from renewable sources
- 100% of new product developments apply eco-design principles
- 12.1% reduction in water consumption since 2018
Social Achievements
- 10,900 new hires in 2023 (30% women)
- 20.4% women in senior management
- 86.8% of management committees have three or more women members
- 36.7% reduction in the frequency rate of workplace accidents with lost time relative to 2018
- Tech career training for more than 15,000 young people through Thales Solidarity in 2023
Governance Achievements
- 100% of at-risk employees trained in corruption prevention
- ISO 37001 certification (anti-bribery management systems) renewed in 2023
- Executive Compensation Linked To ESG: Yes (criteria include CSR metrics)
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Become the sustainability leader in all markets by 2030
- 50.4% reduction in CO2 emissions from operational processes and energy consumption (scopes 1 and 2) by 2030 (relative to 2018 baseline)
Short-term Goals:
- Not disclosed
Environmental Challenges
- Supply chain tensions
- Global competition for talent
- Shifting geopolitical balance
- Growing complexity of CSR regulations
- Technological disruptions
Mitigation Strategies
- Diversification of supply sources
- Dual and triple sourcing strategies
- 12-18 months’ visibility on future orders for suppliers
- Investments in expanding industrial footprint
- Becoming a 'learning organization' through training and development programs
- Proactive CSR policy and engagement with stakeholders
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Integrity and Corporate Responsibility Charter
- Responsible Supplier Relations and Procurement certification
- Action plans with 150 highest-emitting suppliers
- Inclusion of extra-financial metrics in supplier selection
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events
Transition Risks
- Regulatory changes
Opportunities
- Development of energy-efficient products
Reporting Standards
Frameworks Used: Value Reporting Foundation's Integrated Reporting Framework, EU's Corporate Sustainability Reporting Directive (CSRD) (partial alignment)
Certifications: ISO 14001 (123 sites), ISO 50001 (27 sites), ISO 37001 (anti-bribery management systems)
Third-party Assurance: Not disclosed
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 4 (Quality Education)
- Goal 9 (Industry, Innovation and Infrastructure)
- Goal 16 (Peace, Justice and Strong Institutions)
Thales's CSR policy and initiatives contribute to these goals through various programs and targets.
Sustainable Products & Innovation
- PureFlyt flight management system
- Eco-designed products
Awards & Recognition
- EcoVadis Platinum rating
- CDP 'A' score for climate action
- CAC SBT 1.5° index membership