We scored an A! For the first time, Safran has earned the highest score awarded by the CDP, an international non-profit organization that assesses the transparency of corporate environmental actions.
Nathalie Stubler, Chief Sustainability Officer at Safran, and Bruno Faligot, VP Climate & Environment, went to collect their award at the 'CDP Awards Europe 2024' ceremony, which took place on March 26th, 2024 in Paris, alongside the ChangeNow event.
Safran makes the A List
The CDP (Carbon Disclosure Project) assesses, on an annual basis, the environmental transparency of companies according to three criteria: climate change, water security and deforestation. Each year since 2011, Safran has submitted a complete report of several hundred pages to be assessed in the climate category. The Group has just scored for the first time an A (maximum rating) for 2023, following an A- score in 2022. This is a significant achievement for Safran, which now ranks among the 358 companies who scored an A out of more than 23,000 who responded, placing us in the 'top 2%'.
'I would like to congratulate all our employees for daily contribution to this collective effort. This result attests to Safran's commitment to tackling climate change, and to putting our 'decarbonization' roadmap into practice, not only in terms of direct emissions from our operations, but also indirect emissions linked to transport, purchasing and the use of the products we sell,' indicates Nathalie Stubler, Chief Sustainability Officer at Safran.
The CDP took advantage of the ChangeNow event, organized from March 25th to 27th, 2024, dedicated to positive impact and beneficial solutions for the planet, to present a series of trophies dedicated to European entities that achieved the maximum score. This was the case for Safran in Europe. 'It was a pleasure to participate in the CDP awards ceremony and to meet people who are committed to making a difference within their respective organizations on such important topics as climate and environment,' said Bruno Faligot, VP Climate & Environment at Safran.
Focus on the assessment criteria
The CDP uses an independent assessment process to evaluate companies, assigning a score ranging from A to D- based on the comprehensive nature of disclosure, as well as awareness and management of environmental risks. Companies must demonstrate that they are applying the best practices associated with environmental leadership, such as setting 'ambitious' and 'meaningful' targets.
As such, Safran was assessed according to several criteria. The CDP questionnaire on the climate requires not only a clear account of the company's strategy and actions in relation to Scopes 1, 2 and 3, but also the extent to which these topics are taken into account at the highest level of the organization, in the Group's risks and opportunities, in budget planning and throughout the value chain. As a reminder, Safran has committed to lowering the CO2e (CO2 equivalent) emissions from its operations to the tune of -30% before 2025 and -50% by 2030 (in relation to 2018 emissions). The Group has also committed to the ambitious goal of reducing its greenhouse gas emissions (on a passenger seat-kilometer basis) by 42.5 % in 2035, in relation to 2018. A number of initiatives involving teams at all our sites worldwide are backing the Group's strong commitment to this goal.
'In the climate change category, we achieved the maximum score of A for the first time in 2023. We are improving every year as the CDP criteria become increasingly demanding. We now have to implement our strategy and sustain this performance next year,' concludes Bruno Faligot.
SAFRAN 
