Alten

IT Consulting & Other Services
ATE.PA
€ 133 (0.52)%
Share price
$ 5 bn
Market Cap
$ 5 bn
Enterprise Value

Carbon footprint

1.4 Ton
GHG emissions per $ 1 mln investment
0.04x the weighted average for S&P 500
FY2020
How is this calculated?
-65%
YOY change in GHG emissions
Stronger than the -11% weighted average for S&P 500
FY2020 vs. previous year

Primary Climate Goal

+0.3%
Proj. YOY change in GHG emissions (Scope 1 + 2)
FY2021
How is this calculated?

Alten aims to reduce Scope 1 + 2 by 36% by 2035 from a base year 2018

This target is most likely outdated and the company appears to have already achieved it
This target has not been verified as science based according to SBTi
Alten's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

GHG emissions and Carbon intensity

Alten's GHG emissions (market-based) (Kt of CO2e)
Alten's Carbon intensity (Tons per 1 USDm)

Alten's carbon footprint

Alten reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 7 Kt (-13 /-64.5% y-o-y). Also positively, carbon intensity plunged to 2.6 t (-4.1 /-61.2% y-o-y).

Alten's Scope 3 emissions increased to 114 Kt (+24/+27% y-o-y). The parameter has been fairly volatile.

The company is committed to reducing Scope 1 + 2 by 36% by 2035 from a base year 2018, which it appears to have already achieved as of 2020. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Alten also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. Overall Net-Zero Target Alten Group commits to reach net-zero GHG emissions across the value chain by 2050 from a 2019 base year. Near-Term Targets Alten Group commits to reduce absolute scope 1 and 2 GHG emissions 59.8% by 2030 from a 2019 base year. Alten Group also commits to reduce scope 3 GHG emissions from purchased goods and services, business travels, and employee commuting 55% per EUR value added within the same timeframe. Long-Term Targets Alten Group commits to reduce absolute scope 1 and 2 GHG emissions 90% by 2050 from a 2019 base year. Alten Group also commits to reduce scope 3 GHG from purchased goods and services, capital goods, business travels, and employee commuting 97% per EUR value added within the same timeframe.

Company environmental metrics

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