Plastic Omnium // 2021 Universal Registration Document
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NON-FINANCIAL REPORTING DISCLOSURE The risk management and non-financial reporting of the Group
GROUP'S CARBON NEUTRALITY ROADMAP
SCOPES 1 & 2: NEUTRAL IN 2025
SCOPE 3: 30% IN 2030
REDUCE
REPLACE
COMPENSATE
COLLABORATE
Reduction of the carbon footprint of group operations (Scopes 1 & 2): REDUCE: Plastic Omnium strengthens its Top Planet® program launched in 2006 and deployed today on the majority of its sites. The objective of this new plan, drawn up with Schneider Electric, an energy expert, is to reduce the sites’ energy consumption (electricity and gas) by 12% by 2025. This involves, for example, more precise measurement of the energy consumption of each piece of equipment in order to optimize its use and replace, if necessary, certain obsolete or over-consuming equipment. This program represents an investment of around €40 million by 2025, with a return on investment of less than three years. The rollout of ISO 50001 certification is also a strong driver for the roadmap. The first step of this certification is to perform of an energy audit to identify areas for improvement. Implementation of this energy management system requires the sites to have a specific energy organization and management, exceeding the requirements of ISO 14001 dedicated to the environment in the broad sense. REPLACE: the second pillar consists of consuming less carbon-intensive electricity. The Group will thus increase the share of its renewable electricity purchases to reach close to 100% by 2025, through: the installation of photovoltaic panels or wind turbines on its sites. • For future sites to be equipped, ongoing studies will identify the best technology based on the specific nature of the sites. Five sites are already equipped with solar panels and more than 25 will
be equipped in 2022. In 2021, the largest Plastic Omnium plant equipped with solar panels was commissioned in India (Intelligent Exterior Systems); the signing of long-term contracts to build new production • capacities (PPA (1) ) and cover its needs in Europe and North America. The Group has made a long-term commitment with Schneider to help finance facilities that produce electricity from 100% renewable sources, and in return it benefits from this. This virtuous mechanism makes it possible, on the one hand, to participate in the development of renewable energy production (additionality) and, on the other hand, assures Plastic Omnium that the electricity consumed on the sites is 100% carbon-free; for regions or sites where the above measures are not applicable, • Plastic Omnium will purchase electricity of renewable origin from suppliers that can guarantee the origin and allocation of this electricity via certificates or guarantees of origin. COMPENSATE: some operational emissions, in particular those related to gas consumption (for the paint lines for example), are difficult to eliminate completely using the first two actions. Plastic Omnium will seek to offset these residual emissions by financing reduction projects outside its activities, which are carefully selected for their robustness, reliability and the co-benefits (social, societal or environmental) that they can generate. Where possible, the Group will finance projects in its value chain such as battery charging stations or hydrogen infrastructure to promote the development of low-carbon mobility.
Power Purchase Agreement. (1)
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PLASTIC OMNIUM UNIVERSAL REGISTRATION DOCUMENT 2021
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