GDF SUEZ will reduce its CO2 emission ratio1 by 10% within 2020
GDF SUEZ has set an objective to reduce the CO2 emission ratio of its world power and associated heat generation fleet throughout the world by 10% between 2012 and 2020. The Group’s emission ratio2 already stands 20% below world average ratio. The replacement of high emitting plants by top performing units combined with GDF SUEZ target to increase its renewable capacity by 50% within 20153 will help reaching this objective.
On this occasion, Gérard Mestrallet, Chairman and CEO of GDF SUEZ, stated : “Fight against climate change is part of GDF SUEZ corporate social responsibility objectives. This worldwide target to reduce our CO2 emission ratio illustrates our permanent commitment to pursuing sustainable growth while anticipating the implementation of climate change policy throughout the world”.
1Emission ratio per power and energy production. The achievement of this objective refers to a stable technical and economical environment. New taxes, large-scale regulations or international agreements could modify substantially the energy framework. If necessary, the Group keeps the option of modifying its reduction objective.
2GDF SUEZ average emission ratio was at 447 g CO2eq/kWh in 2012
GDF SUEZ develops its businesses (power, natural gas, energy services) around a model based on responsible growth to take up today’s major energy and environmental challenges: meeting energy needs, ensuring the security of supply, fighting against climate change and maximizing the use of resources. The Group provides highly efficient and innovative solutions to individuals, cities and businesses by relying on diversified gas-supply sources, flexible and low-emission power generation as well as unique expertise in four key sectors: independent power production, liquefied natural gas, renewable energy and energy efficiency services.GDF SUEZ employs 138,200 people worldwide and achieved revenues of €82 billion in 2012. The Group is listed on the Paris, Brussels and Luxembourg stock exchanges and is represented in the main international indices: CAC 40, BEL 20, DJ Euro Stoxx 50, Euronext 100, FTSE Eurotop 100, MSCI Europe and Euronext Vigeo (World 120, Eurozone 120, Europe 120 and France 20).