PARIS– Air Liquide (Paris:AI) has been awarded by the CDP, formerly the Carbon Disclosure Project, a non-profit organization that evaluates companies on their environmental action, an “A-” rating in both categories of climate change and water management. This recognizes the “Leadership level” of the Group’s commitment to the environment, including some of the most ambitious sustainability objectives in its sector.
As a leader in environmental stewardship, Air Liquide is implementing actions and policies aligned with its sustainability objectives announced March 23, 2021. On that date, the Group unveiled an ambitious goal of reaching carbon neutrality by 2050, with two intermediary milestones in 2025 and 2035. It is committed to start reducing its absolute CO2 emissions around 2025 and to reach a 33% decrease of its scope 1 & 2 CO2 emissions by 2035 vs. a 2020 baseline. The Group’s global approach combines action on its own assets, for its customers and in developing low-carbon ecosystems.
This is fully embedded in Air Liquide’s strategy and in the Group’s investment decisions. Most notable is Air Liquide’s development in hydrogen energy and biomethane markets, and its leadership in innovation of sustainable solutions. In particular, the Group is committed to at least triple its turnover in hydrogen in order to reach more than 6 billion euros by 2035. It will reach that goal by investing approximately 8 billion euros in the low-carbon hydrogen supply chain and by contributing to the development of a low-carbon hydrogen ecosystem for the industry and clean mobility.
Air Liquide’s leadership in environmental action is captured within its 2021 CDP rating. This yearly process of extra-financial rating and disclosure of data through the CDP is recognized as a reference in terms of corporate environmental transparency. The CDP requests information on environmental impacts from the world’s largest companies on behalf of over 590 institutional investor signatories with a combined US$110 trillion in assets and 200+ major purchasers with over US$5.5 trillion in procurement spend. Air Liquide’s responses to the 2021 CDP questionnaire are freely available on the CDP website.
