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COD Compagnie De Saint-gobain

70.525
0.00 (0.00%)
Last Updated: 14:25:48
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Compagnie De Saint-gobain LSE:COD London Ordinary Share FR0000125007 COMPAGNIE DE ST-GOBAIN ORD SHS
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 70.525 71.20 78.55 157,759 14:25:48
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Construction Machinery & Eq 47.94B 2.67B - N/A 0

Compagnie de Saint-Gobain CSR Roadmap (2087A)

21/09/2022 5:13pm

UK Regulatory


Compagnie De Saint-gobain (LSE:COD)
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TIDMCOD

RNS Number : 2087A

Compagnie de Saint-Gobain

21 September 2022

PLASTERBOARD: SAINT-GOBAIN MAKES PROGRESS

ON ITS CSR ROADMAP

Saint-Gobain is taking decisive steps in line with its CSR (Corporate Social Responsibility) roadmap and its resource-efficiency and carbon neutrality ambitions in its plasterboard activities in various locations across the globe.

Circularity and resource-efficiency

The Saint-Gobain Group is firmly committed to accelerating the transition to a circular economy, taking into account the entire life cycle of its products and solutions, in order to limit their consumption of natural resources, extend their lifespan and encourage their recycling.

In France, Saint-Gobain is the first manufacturer to produce and commercialize a plasterboard made from more than 50% recycled gypsum , while maintaining the same technical and functional performance as a standard plasterboard. The Placo(R) Infini 13 board is already exclusively available for certain partners, such as Nexity. Commercialization to the French market will begin in the first quarter of 2023.

Carbon neutrality

With an acceleration of clear achievements, Saint-Gobain is demonstrating its commitment to reduce CO(2) emissions (scopes 1 & 2) by 33% by 2030 compared with 2017, targeting carbon neutrality by 2050.

-- In Sweden, the Balsta plant achieved a world first in the first half of 2022: the production of 300,000 m(2) of plasterboard using biogas and 100% green electricity . A wide range of products with up to 30% recycled content were manufactured in this zero-carbon campaign , including Ergolite(TM), the leading user-friendly innovation with a low environmental footprint.

-- In Norway and Canada , Saint-Gobain is creating two plants 100% powered by electricity , thanks to hydro-electricity. More than EUR90 million is needed to electrify these plants and improve the energy efficiency of the processes, enabling energy savings of up to 30% .

These achievements demonstrate Saint-Gobain's technological capacity to adapt its manufacturing processes to various sources of renewable energy and to greater circularity depending on the local ecosystem.

ABOUT SAINT-GOBAIN

Worldwide leader in light and sustainable construction, Saint-Gobain designs, manufactures

and distributes materials and services for the construction and industrial markets. Its integrated solutions for the renovation of public and private buildings, light construction and the decarbonization

of construction and industry are developed through a continuous innovation process and provide sustainability and performance. The Group's commitment is guided by its purpose,

"MAKING THE WORLD A BETTER HOME".

EUR44.2 billion in sales in 2021

166,000 employees, locations in 76 countries

Committed to achieving Carbon Neutrality by 2050

For more information about Saint-Gobain,

visit www.saint-gobain.com and follow us on Twitter @saintgobain

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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(END) Dow Jones Newswires

September 21, 2022 12:13 ET (16:13 GMT)

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