Orange

Integrated Telecommunication Services
ORA.PA
€ 11 (0.43)%
Share price
$ 31 bn
Market Cap
$ 70 bn
Enterprise Value

Carbon footprint

18 Ton
GHG emissions per $ 1 mln investment
0.53x the weighted average for S&P 500
FY2022
How is this calculated?
-4.4%
YOY change in GHG emissions
Weaker than the -11% weighted average for S&P 500
FY2022 vs. previous year

Primary Climate Goal

Orange aims to reduce Scope 1 + 2 by 30% by 2025 from a base year 2015


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

Secondary Climate Goal

-5.1%
Proj. YOY change in GHG emissions (all Scopes)
Stronger than the -1.4% weighted average for S&P 500
FY2022
How is this calculated?

Orange aims to reduce all Scopes by 45% by 2030 from a base year 2020


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

GHG emissions and Carbon intensity

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

Orange's carbon footprint

Orange reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2022 at 1,245 Kt (-58 /-4.4% y-o-y). At the same time, carbon intensity grew to 27 t (+1.3/+5% y-o-y).

Orange's Scope 3 emissions declined to 6.5 Kt (-8.3 /-56% y-o-y). This is broadly in line with the declining trend (CAGR -52.4%) since 4Q'19.

The company is committed to reducing all Scopes by 45% by 2030 from a base year 2020, which translates into the estimated reduction of -67 Kt per annum over the period of FY2022 - FY2030. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

The company is committed to reducing Scope 3 by 14% by 2025 from a base year 2018, which it appears to have already achieved as of 2021. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.

Company environmental metrics

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