Group accountability and commitment to cut CO2 emissions
In the first section of its sixth assessment report published in August 2021 (1), the Intergovernmental Panel on Climate Change (IPCC) established that the warming of the atmosphere, oceans, and land observed since 1750 is “unequivocally” caused by human activities. Confirming the conclusions of the 2018 special report on global warming of 1.5°C (2), the IPCC calls for a swift, durable, significant reduction in CO2 and other greenhouse gas emissions and achievement of net zero anthropogenic CO2 emissions to stabilise the human-caused increase in global temperatures.
The EDF group recognises that taking action against climate change is a matter of urgency.
It has aligned its ambitions with the Paris Climate Agreement, the aim of which is to keep global warming well below 2°C, preferably at 1.5°C, compared to pre-industrial levels.
The Group’s trajectory to reduce CO2 emissions has been validated by Science Based Targets. The EDF group has set up dedicated governance, in accordance with best practices as recommended by the Taskforce on Climate related Financial Disclosure (TCFD) (3) .
The Group’s climate strategy, which is in line with CAP 2030, features four CSR commitments: an ambitious carbon trajectory, carbon offsetting solutions, adaptation to climate change, and development of electricity uses and innovative energy services, which together form the EDF group’s Climate Change Plan.
(1) Climate change 2021: scientific Contribution of Working Group I to the sixth assessment report of the French Intergovernmental Panel on Climate Change (IPCC), August 2021.
(2) Impacts of global warming of +1.5°C and related global greenhouse gas emission trajectories, special report by the French Intergovernmental Panel on Climate Change (IPCC), October 2018.
(3) See also the EDF group press release of 10 December 2020.
48gCO2/kWh
CARBON INTENSITY
50%
DEPLOYMENT RATE OF THE FRAMEWORK GUIDELINES ON CARBON OFFSETT SOLUTIONS
47%
DEPLOYMENT RATE OF CLIMATE CHANGE ADAPTATION PLANS
4.4Mt
OF AVOIDED CO2 EMISSIONS
| EDF, the world’s number one producer of direct CO2 emissions-free electricity | The EDF group is now the world’s number one producer of electricity without direct CO2 emissions, and as such is a major contributor to the energy transition in the regions where it operates. An Enerdata (1) study shows that EDF produces more nuclear, hydro, wind, solar and geothermal power than any other electricity supplier in the world. These are all sources of electricity that the IPCC recognises as causing zero direct CO2 emissions during power production (2). |
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The EDF group was one of the first companies, way back in 2018, to set itself the goal of contributing to achieving carbon neutrality by 2050. This commitment was strengthened and clarified in March 2020. This involves in practical terms:
| Carbon neutrality by 2050 | Group direct greenhouse gas emissions: reducing direct greenhouse gas emissions to zero or virtually zero by 2050. |
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Group indirect greenhouse gas emissions: reducing indirect emissions as much as possible within the framework of national policies. |
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Group residual emissions: implementing negative-emission projects to offset the Group’s residual emissions by 2050. |
(1) power-producers-ranking.enerdata.net/
(2) i.e. zero CO2 emissions for electricity produced and delivered to the grid; does not include emissions relating to the fuel supply chain and the life cycle of other components of the production system.
