Watch our recent ESG Investor Webinar
ESG Investor Webinar
Watch Aiman Ezzat, CEO, presenting our ESG policy and priorities during an Investor Webinar held in December 2021.
Our Environmental priorities
Priority A | Act on climate change by being carbon neutral by 2025 and becoming a net zero business
Objective 01 |
Be carbon neutral for our own operations no later than 2025 and across our supply chain by 2030, and committed to becoming a net zero business by 2040Objective 02 |
Transition to 100% renewable electricity by 2025, and electric vehicles by 2030Capgemini has been committed to cutting its carbon emissions for many years and was one of the first companies in its sector to have its carbon reduction targets validated by the Science-Based Targets initiative (SBTi). Our original headline science-based target, set in 2016, was to reduce our total carbon footprint per employee by 20% by the end of 2020 and by 30% by the end of 2030 (compared to a 2015 baseline). We achieved this 2030 target in January 2020, more than 10 years ahead of schedule and before the COVID-19 related lockdowns.
In July 2020, we launched our new net zero program, which covers all aspects of our operations, with three essential components:
- Setting new science-based targets aligned to 1.5°C climate science;
- Creating a strategy to reduce emissions in line with those targets – focus areas include transitioning to renewable electricity, switching to electric vehicles, increasing engagement with suppliers as well as a continued focus on creating sustainable workplaces and supporting digital collaboration;
- Developing a new carbon offsetting program to offset residual emissions – with a focus on projects such as re-forestation which remove carbon emissions from the atmosphere and deliver positive social impacts for local communities.
In July 2022, we elevated our net zero targets in line with the Science Based Target initiative (SBTi)’s new Net-Zero Standard. The Group’s new headline net zero target is to achieve a 90% reduction in all carbon emissions across scopes 1, 2 and 3 by 2040 compared to a baseline of 2019. At the same time, Capgemini has also set more ambitious near-term (2030) targets. These changes reflect its continued commitment to address climate change in line with the latest climate science and puts Capgemini amongst the first companies globally to have their net zero targets validated against the new SBTi standard (for more details, please refer to the 2021/22 Capgemini Environmental Sustainability Report ).
Our net zero program is underpinned by two key management systems:
- Our global ISO14001 certified Environmental Management System (EMS); and
- Our carbon accounting system that provides a comprehensive data set about our carbon impacts, with around 10 million data points covering 99% of our operations, collected and analyzed each year. We use this extensive data set to enable a very granular view of greenhouse gas emissions, and to help us pinpoint opportunities to reduce emissions.
In 2020, we re-launched our Climate Change Risk Assessment (CCRA) process with stronger alignment with the recommendations from the TCFD. Specifically, we revised our CCRA process first implemented in 2016 with a stronger focus on transition risks and climate-related scenario analysis, and with increased integration into our corporate risk management processes.
Priority B | Lead to low-carbon economic transition by helping our clients achieve their environmental commitments
Objective 03 |
Help our clients to save 10m tons of Co2 eq by 2030As a global responsible company, we are in a strong position to transform the way our industry thinks about sustainability and to ensure that the maximum positive impact is achieved for the planet.
We work with our clients and our communities to help them measure and reduce their greenhouse gas emissions and to support and accelerate their transition towards a low carbon future. Innovation within our industry forms a vital role in helping shape the solution for not just today but for the future, and is an integral part of our client’s net zero strategies.
Invent for Society aims to value how ESG impact is part of the fabric of what we do every day with our clients. Our team members are engaged in projects that shape the future in areas that include waste reduction, energy transition, education, digital inclusion, predictive healthcare, employment, poverty prevention and housing.
We have developed a Client Carbon Impact Calculator and the associated methodology to provide a transparent carbon impact of client projects. We have focused on both positive carbon impacts i.e., what potential does the project have for reducing the client’s emissions and negative impacts i.e., what is the carbon impact associated with the delivery of the project – in terms of business travel, home working, commuting, office energy consumption, and the digital or data center footprint (in terms of virtual conferencing, email and online storage).
We propose a wide range of capabilities which can support clients with sustainability challenges from business strategy consulting and deep data analytics to designing sustainable IT architectures and implementation. IT plays a crucial role in delivering the eco-credentials demanded by clients, investors and regulators.
Capgemini has a long tradition in educating, engaging and empowering its communities. As a business, we are focused on creating a culture where individual sustainable actions are normalized, and people are empowered to make a difference to problems that matter to them. Our approach to mobilizing our people includes a focus on three areas: education, engagement and empowerment.