Airbus // Universal Registration Document 2023

1. Information on the Company’s Activities

1.2 Non-Financial Information

1

1. Industrial operations

Commitments

Target -63% (SBTi-validated) vs . 2015 neutralisation of residual emissions aligned with 1.5°C pathway

2030

CO 2 emissions Scope 1&2 Absolute figures

Target (TCO scope): 687 ktonsCO 2 e (-0.9% vs. 2022) Target: 581 ktonsCO 2 e (extended TCO scope, -3% vs. 2023)

2023 2024

Target -20% vs. 2015 purchased grid electricity and other energies (gas and other stationary fuels)

Energy from stationary sources Absolute figures

2030

The Company has defined the following targets and ambitions for its own operations, against which it reports on progress. Targets have been set in absolute ; this means that upcoming anticipated production ramp-up is expected to bring an additional layer of challenge towards reaching 2030 targets. CO 2 emissions: – –reduce direct (scope 1) and indirect (scope 2) net GHG emissions by 63% by 2030 compared to 2015 across the whole Company reporting scope. This target is in line with a “1.5°C” pathway and was validated by SBTi in January 2023. As an additional voluntary commitment, the Company aims to compensate all residual emissions for scopes 1 & 2 from 2023 and gradually switch to using only carbon removals from 2030; – –beyond the mid-term plan, the Company’s ambition is to pursue reducing emissions aligned with a 1.5°C trajectory towards 2050. In order to do so, it is evaluating the future application of the SBTi Net-Zero standard and removing residual emissions as an additional voluntary commitment; – –interim yearly targets are set in line with the Company’s 2030 roadmap. They refer to a material sub-perimeter of its operations representing 92% of total reported emissions in 2023, on which the Company can have a more direct control and influence (see below). This target was set in absolute value at 581kt CO 2 e for 2024. This is a 3% decrease vs. a perimeter extended to another two sites, and including the impact of new freight transport services offered by the Company that operates a fleet of five Beluga aircraft. For performance monitoring purposes, the Company refers to Scope 1 & 2 market-based proxy – “market-based (location based net of REC)”, i.e. location based with purchased guarantees of origin deducted. The Company is working towards improving data collection and market-based methodology implementation. Meanwhile, this metric is used by the Company to measure its progress towards its 2030 target, in order to be able to take into account the contribution of its electricity sourcing on its industrial decarbonisation target. This refining of methodology is expected to trigger restatements in the coming years.

Energy: The Company revised its Scope 1 and 2 decarbonisation strategy that now includes local production of renewable electricity (onsite – mostly solar – or through direct power purchase agreements) as an additional lever the Company will invest in. While electricity stationary sources energy consumed has been so far quasi exclusively purchased from the grid (see related metrics “– 1.2.17 ESG data board – Environmental performance”), the benefits from its upcoming own or local “off-grid” production of renewable electricity can only be captured in the purchase of grid electricity and other energies metric. As a result, the Company has updated its energy target as follows: – –reduce purchased grid electricity and other energies (gas and other stationary fuels) for stationary sources by 20% by 2030 compared to 2015 across the whole Company reporting scope. In order to deliver its ambitions, the Company has developed a comprehensive action plan for both stationary (ground-fixed assets) and mobile sources (vehicles such as cars, trucks or aircraft). This takes into account both efficiency improvements and decarbonisation measures, complemented by an offset strategy for residual emissions.

79 Airbus Annual Report

Universal Registration Document 2023