Decarbonizing energy production is a Net Zero challenge like no other. At ENGIE, we aim to set the pace for the decarbonization of the energy industry.
Our Own Decarbonization Ambitions
We set the stage for our own net zero transition by changing our purpose statement in early 2020 to refocus on “accelerating the transition towards a carbon-neutral economy”. We then went a step further by clearly linking our long-term business strategy to our net zero ambitions. This was epitomized by ENGIE’s May 2021 announcements, which combined ambitious targets in renewable development and low carbon distributed energy infrastructures with our carbon ambitions.
Progress Towards Our Ambition
We are making rapid progress by taking a strategic approach to our decarbonization ambitions along two dimensions:
Decarbonization Levers
How we transform our activities to become a Net Zero champion.
Decarbonization Enablers
How we evolve our vision and strategy, governance, as well as how we engage our stakeholder to catalyze our decarbonization ambitions.
Levers
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Energy Sales
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Ways of Working
Enablers
Catalyzing the Race to Net Zero
ENGIE’s decarbonization ambitions, synthesized in the table below, demonstrate that the energy transformation so critical to achieving global Net Zero by 2050 is possible. With these ambitions, ENGIE hopes to catalyze the transition towards a carbon neutral global economy and calls on all companies, across industries and geographies, to join the race to decisively limit our impact on climate change.