Saint-Gobain

Building Products

SGO.PA

€ 71 1.5

Share price

$ 39 bn

Market Cap

$ 50 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

6.2x the weighted average for S&P 500

FY2021

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)

Weaker than the -9.3% weighted average for S&P 500

FY2022

Saint-Gobain aims to reduce Scope 1 + 2 by 33% by 2030 from a base year 2017

1.5°C

Secondary Climate Goal

Proj. YOY change in GHG emissions (all Scopes)

Stronger than the -1.4% weighted average for S&P 500

FY2022

Saint-Gobain aims to achieve net zero for all Scopes by 2050

1.5°C

GHG emissions and Carbon intensity

Saint-Gobain reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 10,300 Kt (-100 /-1% y-o-y). Also positively, carbon intensity tumbled to 197 t (-36 /-15.6% y-o-y).

Saint-Gobain's Scope 3 emissions increased to 21,300 Kt (+3,900/+22% y-o-y). The parameter has been fairly volatile.

The company is committed to reducing Scope 1 + 2 by 33% by 2030 from a base year 2017, which translates into the estimated reduction of -180 Kt per annum over the period of FY2022 - FY2030. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.

Also, the company commits to achieving net zero for all Scopes by 2050, which translates into the estimated reduction of -1,090 Kt per annum over the period of FY2022 - FY2050. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.

Also, the company commits to reducing Scope 3 by 16% by 2030 from a base year 2017, which translates into the estimated reduction of -747 Kt per annum over the period of FY2022 - FY2030. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.

Date	Total CO2e emissions (location-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2021Q4	10,300	8,400	1,900	21,300	52,412	197
2020Q4	10,400	7,900	2,500	17,400	44,646	233
2019Q4	10,800	8,000	2,700	132,654	47,849	226
2018Q4	11,664	8,582	3,083	13,280	49,388	236
2017Q4	12,955	9,564	3,391	17,358	46,068	281