Integrated Annual Report 2025

Sustainable development: our commitments and 2025 results

SUSTAINABLE DEVELOPMENT OUR COMMITMENTS AND 2025 RESULTS

For the Environment

CO2 EMISSIONS REDUCTION
By 2035

A - 33% reduction in absolute Scopes 1 and 2 CO2 emissions(1) vs. 2020, with an inflection point around 2025.

Decarbonization well engaged

Inflection objective achieved one year in advance Approved;

This vertical bar chart shows the reduction in absolute CO₂ eq. emissions (Scopes 1 & 2, in million tonnes), with an inflection point reached one year ahead of schedule.

  • Absolute CO₂ eq. emissions, Scopes 1 & 2 (Mt) (2)
  • 2020: 39.3 Mt CO₂ eq.
  • 2025: 34.2 Mt CO₂ eq. (i.e. -13% vs 2020).
  • Target: -33% by 2035.
By 2025

A - 30% reduction in Carbon Intensity vs. 2015.

Objective exceeded Approved

This vertical bar chart shows the evolution of carbon intensity (kg CO₂ eq. 1 EBITDA), with the target exceeded.

  • 2015: 7.3 kg CO₂ eq./€ EBITDA.
  • 2025: 4 kg CO₂ eq./€ EBITDA (i.e. -46% vs 2015).
  • 2025 target: 5.1 kg CO₂ eq./€ EBITDA.
  • 2025 objective: -30% by 2025 (exceeded).
By 2050

Achieving carbon neutrality across the entire value chain.

WATER MANAGEMENT
By 2025

100% of the high water withdrawal sites in high water stress areas have a Water Management Plan - 75 sites in 2025

Objective reached Approved

This gauge chart shows the achievement of the progress objective, with a commitment made in 2022.

  • 2023: commitment made in 2022 (partial level on the gauge).
  • 2024: intermediate progress.>
  • 2025: 100% - objective achieved.
BIODIVERSITY PRESERVATION
By 2025

Biodiversity assessment criteria integrated in the investment process for all new major projects.

Aggregated Biodiversity indicator developed and implemented.

Objectives reached Approved