Performance Score
The company has set aligned targets for reducing its scope 1+2 emissions, although the actual reduction observed in the past is slightly off track.In addition, its maturity in monitoring and reducing its scope 3 emissions still has room for improvement.Furthermore, the company does not publicly disclose detailed information on its actions and decarbonization planning, which is detrimental to its performance score.The company has strengths with strong climate governance, significant R&D spending and patents associated with climate mitigation technologies, and future business models well integrated into the low-carbon economy, with key products and technologies supporting the decarbonization of difficult sectors (hydrogen, biomethane, CO2 capture, ...). Strategies to engage external stakeholders are in place, particularly with regard to suppliers.with key actions such as systematic collection of emissions and target data and mapping essential suppliers from a sustainability perspective.
Narrative Score
The narrative score is average given that the company's good positioning on low-carbon business models is not supported by tangible public elements relating to the effective deployment of these business models and various key elements (monitoring and reduction of scope 3 emissions in particular).
Trend score
The expected improvements in monitoring, particularly of scope 3 emissions, combined with the alignment of scope 1 and 2 targets, and the identification of low-carbon business models, make it possible to attribute a positive trend.
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