ABATEMENT OF CO2 EMISSIONS: AIR LIQUIDE’S TRAJECTORY TO ACHIEVE CARBON NEUTRALITY
By 2025 (vs. 2015)(1)
- 30% carbon intensity
By 2035 (vs. 2020)
- 33% carbon emissions(2)
Hydrogen revenues X3
Notre chiffre d’affaires lié à l’hydrogène va au moins tripler pour passer de 2 à plus de 6 milliards d’euros.
~ €8 billions
invested in the low-carbon hydrogen supply chain
By 2050
Carbon neutrality
“The Air Liquide business has always focused on inventing a better future. But we need to do more and faster. That’s why we want to ACT in three areas: Abatement of CO2 emissions leading to a low-carbon society, Care for patients, and Trust as the base to build upon with all our stakeholders,” explains Ashutosh Misra, Group Vice President, Sustainable Development.
Acting for a low-carbon society
Deeply committed to the climate and energy transition, and in line with the Paris Agreement, Air Liquide has set itself the goal of achieving carbon neutrality by 2050, with a significant milestone of a 33% reduction in absolute CO2 emissions by 2035 versus 2020 base-line. To achieve this, the Group focuses on low-carbon electricity purchase, CO2 capture, energy efficiencies, and use of renewable feedstock such as biomethane. Air Liquide also helps its industrial customers decrease their own carbon footprints through innovative technologies.
Hydrogen in particular plays a major role in the energy transition, offering tremendous potential as a competitive low-carbon solution. Air Liquide will invest approximately €8 billion by 2035 in assets, technologies and expertise to produce this molecule sustainably at an industrial scale. The Group has already made progress in this area, recently inaugurating the world’s largest membrane-based low-carbon hydrogen production unit in Bécancour, Canada to serve growing demand from North American industry. Powered by 99% renewable energy, this unit can produce more than 8.2 metric tons of low- carbon hydrogen daily – enough to fuel more than 2,000 cars, 275 buses or 230 large trucks. This unit reaches yet another milestone along the path to a low- carbon society, and more projects will follow (see our last achievements in this field on p. 2-4).
Acting for patients
At the same time, Air Liquide will reinforce its contribution to the healthcare sector. “The pandemic has highlighted the importance of resilient, effective healthcare services” says Dolores Paredes, Head of Markets, Strategy and Innovation at Air Liquide’s Healthcare business line. “With our experience serving 1.8 million patients and 15,000 hospitals worldwide, we can keep making a difference.”
(1) In kg CO2 equivalent/euro of operating income recurring before depreciation and amortization at 2015 exchange rate and excluding IFRS16 for greenhouse gas emissions scopes 1 and 2, location-based.
(2) In the adjusted reporting framework, from a 2020 baseline of 32.5 million tonnes CO 2 eq (scopes 1 and 2), with scope 2 emissions in market-based.
1,8 M PATIENTS SERVED WORLDWIDE
Acting for trust, starting with our employees
One of the Group’s commitments is to provide a social common basis of care coverage for 100% of its global work-force by 2025. This is part of a wider goal to develop a safe, collaborative and inclusive workplace that empowers employees to unleash their full potential while supporting the Group’s sustainability efforts.
More generally, Air Liquide commits to strengthening transparent and continuous dialogue with all its stakeholders, including customers, patients, shareholders, suppliers, local communities and authorities.
“ We earn trust – and profits – by treating all our stakeholders in a responsible manner,” says Ashutosh Misra. “Sustain-ability and growth are two sides of the same coin.”
