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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
  -0.805 -1.93% 40.8775 38.835 42.92 1,248,870 16:35:01
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Construction & Materials 42,573.0 1,454.0 259.0 15.8 21,699

Compagnie de Saint-Gobain Saint-Gobain once again included in the CDP A List

08/12/2021 7:08am

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Compagnie de Saint-Gobain

08 December 2021

PRESS RELEASE

December 8, 2021

SAINT-GOBAIN ONCE AGAIN INCLUDED

IN THE CDP "CLIMATE CHANGE A LIST"

Saint-Gobain has once again been included this year in the "Climate Change A List" established by CDP, a global non-profit organization recognized as a benchmark in environmental rating and transparency.

Saint-Gobain is named as one of the leading companies in terms of environmental ambition and transparency thanks to its significant and demonstrable action on climate. The A list comprises only 200 companies worldwide (compared to 277 in 2020) out of nearly 12,000 companies evaluated.

To reach its target of carbon neutrality by 2050, the Group has defined a 2030 roadmap targeting a reduction in CO(2) emissions of 33% for scopes 1 and 2, and of 16% for scope 3, both in absolute terms versus 2017. The Group is allocating EUR100 million each year until 2030 to capital expenditure and R&D focused on reducing CO(2) emissions. Furthermore, the Group uses an internal carbon price for investment and R&D decisions, which has been increased to EUR75 per ton for capital expenditure (versus EUR50 previously), and is EUR150 per ton for R&D projects.

Beyond the efforts to reduce its own CO(2) emissions, the Group is a key player in sustainability, with solutions bringing a sustainability benefit (for the planet or for people - in terms of health and safety and well-being) representing 72% of its sales in 2020. Solutions sold across the globe in one year result in around 1,300 million tons of avoided CO(2) emissions over their lifespan, around 40 times Saint-Gobain's own total carbon footprint in 2020 (scopes 1, 2 and 3).

Finally, the Group makes a significant contribution to the acceleration of the construction sector's ESG (Environment, Social, Governance) agenda in collaborating with governmental and non-governmental organizations, building ecosystem partnerships and exchanging with start-ups.

Claire Pedini, Senior Vice President, Human Resources and Corporate Social Responsibility of Saint-Gobain , said: "This is a recognition of the progress made and the commitment of the Group with regards to the fight against climate change. Saint-Gobain is a key player in this respect and demonstrates at all levels its leadership and responsibility : maximizing the positive impact for our customers thanks to our solutions, whilst minimizing our own footprint as part of our commitment to be carbon neutral by 2050 ."

CDP assesses companies using an independent methodology, allocating a score of A to D- based on the comprehensiveness of disclosure, awareness and management of environmental risks and demonstration of best practices associated with environmental leadership, such as setting ambitious and meaningful targets.

The full list of companies that made this year's "Climate Change A List" is available here: https://www.cdp.net/en/companies/companies-scores

ABOUT SAINT-GOBAIN

Saint-Gobain designs, manufactures and distributes materials and solutions for the construction, mobility, healthcare and other industrial application markets. Developed through a continuous innovation process, they can be found everywhere in our living places and daily life, providing wellbeing, performance and safety, while addressing the challenges of sustainable construction, resource efficiency and the fight against climate change. This strategy of responsible growth is guided by the Saint-Gobain purpose, "MAKING THE WORLD A BETTER HOME", which responds to the shared ambition of all the women and men in the Group to act every day to make the world a more beautiful and sustainable place to live in.

EUR38.1 billion in sales in 2020

More than 167,000 employees, located in 72 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

 
 
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December 08, 2021 02:08 ET (07:08 GMT)

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