Accelerating the rate of transformation
To combine speed of delivery with regular monitoring, the timeframe for the roadmap is divided into three stages:
- in 2025, the Group is targeting carbon neutrality for emissions relating to its operational activities (Scopes 1 and 2);
- in 2030, it is aiming for a 30% reduction on CO2 emission across its value chain, including those associated with uses of products sold (Scope 3: raw materials, transport and product end-of-life);
- in 2050, the goal is for complete carbon neutrality across Scopes 1-3.
This roadmap will be constantly monitored using relevant key performance indicators and crossreferenced against financial indicators to ensure nothing is overlooked.
Stepping up efforts to go further, faster
Action is already underway at our sites, including a new program to cut power use 12% by 2025, increase the portion of renewable electricity purchases and install solar photovoltaic panels and wind turbines. In a wider sense, Plastic Omnium is working to grow the portion of its zero-emission hydrogen electric mobility solutions for automotive, rail, trucks, buses and aviation applications. It is also running a program to reduce the impact of its raw materials by using recycled materials in proportions of 20% to 100%, including for exterior body panels. As part of its drive to increase the pace of change and anticipate its customers’ demands, it has already developed a bumper concept using 50% recycled materials.
