Climate : reach carbon neutrality by 2040 at the latest

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We are dealing decisively with the need for climate action and we measure, avoid and reduce our emissions and those of our portfolio companies. We reduced our direct and indirect emissions by 1.5 million metric tons of CO2-equivalent in 2020.

In 2020, we stepped up our efforts and accelerated our drive to address global warming and build towards a low-carbon economy. We aim to align our activities with the scenario of a rise in global temperatures of less than 2°C and are targeting carbon net neutrality by 2040 at the latest.

To achieve these goals, we abide by the IPCC (Intergovernmental Panel on Climate Change) recommendations to comply with the global carbon budget and contribute to fighting global warming at our level. With this in mind, we have set reduction targets using the Science-Based Targets Initiative (SBTi) methodology.

We also plan to cut emissions generated by Eurazeo’s value chain and introduce mechanisms offsetting our residual greenhouse gas emissions, such as:

 

Invest in the fast-growing, low-carbon economy 

  • Increasing Eurazeo’s investments in assets that offer significant potential to reduce carbon emissions.
  • Developing innovative investment strategies to finance “positive solutions”, including green and depollution-tech food solutions...

 

Reduce portfolio exposure to carbon cost and risk

  • Implementing decarbonisation plans in accordance with the criteria of the Science Based Targets initiative for Eurazeo as well as its portfolio companies in order to reach carbon net neutrality by 2040 at the latest.
  • Setting an exclusion policy, which precludes investments in carbon-intensive or counter to the UN Sustainable Development Goals assets.

 

Measure carbon footprint throughout the investment lifecycle

  • Considering carbon valuation in all investment business plans.
  • Measuring the carbon performance of all our investment strategies.

 

We will adapt and adjust these objectives as necessary to suit Eurazeo’s own activities and those of our portfolio companies.