Arkema
Climate Impact & Sustainability Data (2022-07-01 to 2022-09-30)
Reporting Period: 2022-07-01 to 2022-09-30
Environmental Metrics
ESG Focus Areas
- Climate action
- Sustainable development
- Circular economy
Environmental Achievements
- Set an ambitious target to reduce scope 1 and 2 greenhouse gas emissions and scope 3 emissions by 46% by 2030 relative to 2019, based on an SBT (Science Based Target) approach, aligning with the Paris Agreement's 1.5°C trajectory.
Social Achievements
- Carried out a capital increase reserved for employees, with nearly 7,400 current and former employees subscribing for shares, totaling approximately €49 million.
Governance Achievements
- Confirmed presence among the constituents of the CAC40 ® ESG stock market index, recognizing the Group’s commitment and achievements in promoting a sustainable economy. Obtained a score of 69/100 from Moody’s ESG Solutions, improving on its previous score.
Climate Goals & Targets
Medium-term Goals:
- Reduce scope 1 and 2 greenhouse gas emissions and scope 3 emissions by 46% by 2030 relative to 2019.
Environmental Challenges
- Energy crisis in Europe
- Slowdown in demand amplified temporarily by some destocking
- Elevated level of inflation
- Destocking expected at year-end
Mitigation Strategies
- Adapting quickly to the evolution of the economic context
- Reinforcing cost-saving initiatives, notably in Europe
- Strictly managing inventories
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: Science Based Targets (SBT)