04/09/2025
Cergy, 4 September 2025 - SPIE, the independent European leader in multi-technical services in the areas of energy and communications, announces that the Science Based Targets initiative (SBTi) has validated its new science-based targets for reducing greenhouse gas emissions by 2030.
SPIE commits to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 50% by 2030 from a 2019 base year. The SBTi has confirmed that this target is in line with a trajectory that contributes to achieving the most ambitious goal of the Paris Agreement: limiting global warming to 1.5°C.
Since 2024, the measurement of SPIE's value chain emissions (Scope 3) has also included the use of all equipment installed by SPIE at its clients' premises. Scope 3 emissions thus represent 96% of the Group's total emissions. SPIE commits to reduce emissions across its entire value chain relative to the added value created by the company by 55%. This target, which focuses on the economic intensity[1] of emissions, has also been validated by the SBTi.
By the end of 2024, SPIE had lowered its Scope 1 and 2 emissions by 21%, brought over 2,000 suppliers on board to support its global approach to reducing carbon footprint, and decreased the intensity of its Scope 3 emissions by 21%.
"Our results at the end of 2024 demonstrate the robustness of our approach. The SBTi's validation of our 2030 ambition commits us to continuing on our current path, alongside our employees, clients, and suppliers, to accelerate the transition to a low-carbon economy," says Isabelle Lambert, Sustainability Director at the SPIE group.
This validation represents an important milestone for the Group, as all its financing is sustainability-linked.
The SBTi is a climate action initiative that enables companies and financial institutions around the world to combat the global climate crisis using a single set of standards. It was formed as a collaboration between the Carbon Disclosure Project (CDP), the United Nations Global Compact, the World Resources Institute (WRI) and the World Wide Fund for Nature (WWF).
[1] Economic intensity measures the total volume of Scope 3 emissions in relation to the added value generated by the Group (personnel costs and company margin).