Legrand SA

Electrical Components & Equipment
LR.PA
€ 92 1.3
Share price
$ 26 bn
Market Cap
$ 28 bn
Enterprise Value

Carbon footprint

1.9 Ton
GHG emissions per $ 1 mln investment
0.06x the weighted average for S&P 500
FY2021
How is this calculated?
-8.8%
YOY change in GHG emissions
Weaker than the -11% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

Legrand SA aims to reduce Scope 1 + 2 by 15% by 2030 from a base year 2016


This target has not been verified as science based according to SBTi

Secondary Climate Goal

-3.4%
Proj. YOY change in GHG emissions (all Scopes)
Stronger than the -1.4% weighted average for S&P 500
FY2022
How is this calculated?

Legrand SA aims to achieve carbon neutrality for all Scopes by 2050


This target has not been verified as science based according to SBTi
Legrand SA's actual and proj. GHG emissions (all Scopes) (Kt of CO2e)

GHG emissions and Carbon intensity

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

Legrand SA's carbon footprint

Legrand SA reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 52 Kt (-5 /-8.8% y-o-y). Also positively, carbon intensity tumbled to 6.3 t (-1.7 /-21.3% y-o-y).

Legrand SA reported Scope 3 emissions for the the twelve months ending31 December 2021 at 3,464

The company is committed to achieving carbon neutrality for all Scopes by 2050, which translates into the estimated reduction of -121 Kt per annum over the period of FY2022 - FY2050. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Legrand SA aims to achive carbon neutrality across its entire value chain (all Scopes) in 2050. Companies normally become carbon neutral with the help of the acquisition of carbon offsets rather than absolute reductions in their own greenhouse emissions. Also, carbon neutrality does not include non-CO2 GHG emissions.

Legrand SA also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. Legrand commits to reduce absolute scope 1 and 2 GHG emissions 50% by FY2030 from a FY2019 base year. Legrand commits to reduce absolute scope 3 GHG emissions from purchased goods and services, upstream and downstream transportation and distribution and end-of-life treatment of sold products 15% within the same timeframe.

Company environmental metrics

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