Climate Change Data

Environmental Metrics

ESG Focus Areas

• Health, safety, and environment
• Supplier and partner involvement
• Community investment
• Employee well-being and development
• Ethical standards and corporate social responsibility

Environmental Achievements

• Not disclosed

Social Achievements

• Group’s workforce grew by more than 3,700 compared to end-2012, in response to business growth. R&D resources are also being bolstered.
• Safran+ progress initiative resulted in cost savings across various areas (production costs, non-production costs, sales development, sourced share in total production costs).

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Climate change
• Aviation safety
• Responsible conduct
• Operational excellence
• Sustainable innovation

Environmental Achievements

• 30% reduction in CO2 emissions from operations by 2025 vs. 2018
• 75% of R&D investment focused on environmental efficiency
• Phase-in of sustainable fuels for civil engine tests: 10% by end of 2021 and 35% by 2025
• Internal carbon price for investment projects

Social Achievements

• Activity Transformation Agreement in France to safeguard jobs and uphold solidarity among employees
• New international employee shareholding plan
• More than 3,300 new hires worldwide
• More than 3,200 work-study students in Europe
• Frequency rate of lost-time work accidents: 2.0 in 2020

Governance Achievements

• Separation of roles of Chairman of the Board of Directors and Chief Executive Officer
• Appointment of a Lead Independent Director
• Appointment of a Director responsible for monitoring climate issues
• Anti-corruption certification from ADIT (renewed in 2017)

Climate Goals & Targets

Environmental Challenges

• Unprecedented Covid-19 crisis impacting the aerospace industry
• Reduction in air traffic
• Geopolitical risks and global competition
• Climate change
• Supply chain disruptions

Mitigation Strategies

• Workforce resizing
• Securing long-term financing
• Industrial footprint streamlined
• Adaptation plan to lower breakeven point
• Crisis monitoring and support unit for suppliers
• Low-carbon project to reduce emissions
• Investment in sustainable fuels
• Activity Transformation Agreement in France

Supply Chain Management

Responsible Procurement

• Responsible purchasing charter
• Supplier selection committee
• Regular supplier audits and monitoring

Climate-Related Risks & Opportunities

Physical Risks

• Climate change impacts on operations and assets

Transition Risks

• Increasing scarcity of fossil fuels
• Regulatory changes

Opportunities

• Development of energy-efficient products and services
• Technological leadership in green aviation

Reporting Standards

Frameworks Used: TCFD

Certifications: ISO 14001, ISO 45001, ADIT anti-corruption certification

UN Sustainable Development Goals

• Goal 7 (Affordable and clean energy)
• Goal 9 (Industry, innovation and infrastructure)
• Goal 13 (Climate action)

Safran's initiatives contribute to these goals through its climate strategy, sustainable innovation, and responsible conduct

Sustainable Products & Innovation

• LEAP engine (15% less fuel than CFM56)
• Electric motors for all-electric and hybrid aircraft
• Lightweight cabin fittings

Environmental Metrics

ESG Focus Areas

• Decarbonization of Aeronautics
• Responsible Industry
• Exemplary Employer
• Commitment to Citizenship

Environmental Achievements

• 30% reduction in Scope 1 and 2 emissions by 2025 (vs. 2018), aiming for 50% by 2030
• 10% of fuels used in engine tests were sustainable in 2021, aiming for 35% by 2025
• 75% of R&T investment focused on environmental efficiency

Social Achievements

• 8,000 employees hired in 2021
• 21 hours of training per employee in 2021
• Renewed diversity commitment by signing the Diversity Charter
• 89% of senior managers trained in anti-corruption

Governance Achievements

• Formal assessment of Board operating procedures
• Appointment of a Director responsible for monitoring climate issues
• Inclusion of climate objectives in compensation policies

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions and component shortages
• Decarbonization of aviation
• Geopolitical risks (including the Russo-Ukrainian conflict)
• Rising raw material costs

Mitigation Strategies

• Adaptation plan to mitigate economic impact of the crisis
• RISE technology program for emission reduction
• Roadmap to reduce indirect emissions (Scope 3)
• Supplier diversification strategies
• Supply chain risk management system

Supply Chain Management

Responsible Procurement

• Responsible Purchasing and Supplier Relations Label
• Supplier compliance with international trade regulations and requirements on environmental protection, health and safety, ethics, and labor relations

Climate-Related Risks & Opportunities

Physical Risks

• Impact of weather and climate phenomena on the Group’s business

Transition Risks

• Decarbonization trends in the economy and the aviation sector

Opportunities

• Innovation in more efficient, lighter products

Reporting Standards

Frameworks Used: UN Global Compact

Certifications: ISO 37001 (anti-corruption)

UN Sustainable Development Goals

• 13 of the 17 UN Sustainable Development Goals

Safran’s CSR approach contributes to progress toward these goals.

Sustainable Products & Innovation

• RISE technology program for sustainable engines
• Lighter cabins made using new materials
• Optimized electrical systems

Awards & Recognition

• Grand Prix at the Digital Learning Excellence Awards
• Gold medal in the “Best Corporate University Strategy” category at the Brandon Hall Awards
• 2nd place in Capital magazine’s annual ranking of employers
• 3rd best global employer in aerospace and defense (Forbes)
• 4th in Universum’s “students” ranking
• “Best in Class 2021” label from Engagement Jeunes

Environmental Metrics

ESG Focus Areas

• Decarbonize its products and operations
• Strengthen its role in sovereignty businesses
• Be an exemplary employer
• Embody responsible industry
• Step up sustainable innovation

Environmental Achievements

• Safran’s climate objectives validated by the Science-Based Targets initiative (SBTi) as compatible with the Paris Agreement
• 81% of R&T investment focused on environmental performance of products
• 30% reduction in Scope 1 & 2 emissions by 2025 vs. 2018
• Installation of solar panels at 17 key French sites, producing nearly 50 MWp
• 20% sustainable aviation fuels in engine acceptance tests
• Energy sobriety plan in Europe to cut gas and electricity consumption by 10% by 2024

Social Achievements

• Fourth place in Forbes’ ranking of the World’s Best Employers in aerospace and defense
• Awarded the “most welcoming companies” label by Engagement Jeunes
• 28.5% women in the workforce, 34.4% among new hires
• New Diversity and Inclusion roadmap
• 25% of graduate positions filled by interns, work-study students, etc.
• Approx. 2 million hours of training worldwide in 2022

Governance Achievements

• Robust anticorruption program
• Board of Directors with 69.2% independent Directors
• Climate strategy presented at the Annual General Meeting
• Climate objectives included in compensation policies for CEO and Executive Committee

Climate Goals & Targets

Environmental Challenges

• Supply chain capacity difficulties
• Inflation
• Geopolitical risks
• Risks related to technological innovation and decarbonization of aeronautics
• Environmental challenges
• Social challenges
• Governance challenges

Mitigation Strategies

• Supply chain risk management system
• Energy sobriety plan
• Robust Enterprise Risk Management (ERM) set-up
• Climate strategy and action plan
• Diversity and Inclusion roadmap
• Anticorruption program

Supply Chain Management

Responsible Procurement

• Sustainable Procurement and Supplier Relations Label
• Responsible purchasing guidelines
• CSR criteria in tender scoring matrix

Climate-Related Risks & Opportunities

Physical Risks

• Impact of weather and climate phenomena

Transition Risks

• Decarbonization trends

Opportunities

• Innovation in more efficient, lightweight products

Reporting Standards

Frameworks Used: SBTi, GHG Protocol, ISO 50001, ISO 14001

Certifications: Qualiopi, GEEIS, ADIT (for Safran Aero Boosters and Safran Nacelles)

UN Sustainable Development Goals

• 13 (Climate Action)

Safran contributes to 13 of the 17 UN SDGs

Sustainable Products & Innovation

• LEAP engine
• RISE program
• Electric motors
• Lightweight materials

Awards & Recognition

• Best Business Practice Award at EcoBalance 2022

Environmental Metrics

ESG Focus Areas

• Climate Change
• Human Responsibility
• Ethics, Responsible Purchasing and the Environment
• Corporate Social Responsibility

Environmental Achievements

• 34% reduction in Scope 1 and 2 CO2 emissions compared to 2018
• Several solar power installations commissioned
• Safran included in the CDP Climate A List

Social Achievements

• More than 18,000 new permanent hires
• Parenthood in the workplace agreement signed in France
• Health and Safety culture perception survey conducted
• Safran University campus opened in Casablanca, Morocco
• Three new units earned the Gender Equality European & International Standards label

Governance Achievements

• ISO 37001 certification awarded to the anti-corruption program in six Safran companies

Climate Goals & Targets

Environmental Challenges

• Supply chain tensions
• Geopolitical risks
• Environmental challenges
• Technological disruptions
• Stronger role of national authorities

Mitigation Strategies

• Supply chain risk management system deployed
• Diligent compliance with sanctions
• Climate strategy aligned with net-zero emissions by 2050
• Development of disruptive innovations
• Safety Management System (SMS) and Enterprise Risk Management (ERM) systems implemented

Supply Chain Management

Responsible Procurement

• Sustainable Procurement and Supplier Relations Label
• Responsible purchasing guidelines

Climate-Related Risks & Opportunities

Physical Risks

• Impact of weather and climate phenomena on operations

Transition Risks

• Shift to a carbon-free economy

Opportunities

• Development of energy-efficient products

Reporting Standards

Frameworks Used: SBTi

Certifications: ISO 37001, AS/EN 9100, ISO 9001

UN Sustainable Development Goals

• 13 of the 17 UN Sustainable Development Goals (SDGs)

Sustainable Products & Innovation

• LEAP engine
• RISE technology program
• ENGINeUS electric motor
• GENeUS electric generator
• EcoPulse demonstrator

Awards & Recognition

• TIME magazine’s World's Best Companies 2023 (first in aerospace and defense)
• Vertical magazine’s Top Engine Manufacturer