Through the partnership, Engie will provide energy solutions to be deployed across 100-plus Faurecia sites worldwide by mid-2022.
Engie will team with Faurecia through the deployment of energy saving equipment and methodology solutions in Europe, China, Brazil and Mexico, enabling 15% reduction of site energy consumption out of a reference of around 600 GWh.
“Our Sustainability roadmap and in particular our CO2 Neutrality objectives are the reflection of our strong convictions we have a responsibility to make a positive contribution to society and the planet,” said Faurecia CEO, Patrick Koller.
“We are proud to drive this business initiative and to initiate this partnership with Engie, which will help us advance rapidly in this major step of our ambition.”
For her part, Engie CEO, Catherine MacGregor, added: “Through an innovative approach jointly built by Engie Impact and Faurecia sustainability experts, we are proud to support Faurecia in its global carbon neutrality transition.
“With its four global business units: renewables, energy solutions, networks, thermal and energy supply, Engie is a leader in the transition to a carbon-neutral energy system and ideally positioned to be the preferred partner for global industrial groups.”
In addition to this first milestone of CO2 neutrality in scopes 1 and 2 in 2025, Faurecia is also targeting to reduce by half its scope 3 emissions by 2030 and aims for full CO2 neutrality by 2050, including the use phase of its products.
The targets are aligned with the 1.5°C ambition of the Science Based Target initiative.