Sustainability Report 2022: Air Liquide Presents Its Results and Sets Additional Objectives
On the occasion of the publication of its annual Corporate Sustainability Report, Air Liquide
(Paris:AI) reflects on its progress towards its commitments, while
taking a step further with additional sustainability objectives,
including new commitments on Scope 3 and biodiversity. With this
renewed ambition, Air Liquide confirms its determination to link
inseparably financial and extra financial performance as announced
in its 2025 strategic plan ADVANCE.
Fabienne Lecorvaisier, Executive Vice President and
member of the Executive Committee, notably in charge of Sustainable
Development, said: “More than a stated ambition, for Air
Liquide, sustainability is a commitment with concrete actions. It
takes more than conviction. We have implemented robust processes
and governance to drive our decarbonization efforts. Combined with
the commitment of our employees, this is producing results.
However, as we progress on this challenging journey, we continue to
enhance our stewardship by adding a new set of commitments. Air
Liquide is engaged on a clear path and advancing towards a
sustainable future, linking inseparably financial and
sustainability performance in its 2025 strategic plan
Based on a comprehensive approach, Air Liquide’s sustainable
development strategy is based on three pillars : Advancing for the
environment, for health and for all.
Advancing for the environment: to address key issues, in
particular to fight climate change, Air Liquide is acting to
minimize its CO2 emissions, while developing a wide range of low
carbon solutions for its customers, including hydrogen, CO2 capture
and access to renewable energy. The Group is also committing to
water management and biodiversity preservation.
- Air Liquide reduced its carbon intensity by -25%,
compared to 2015, and is on track to achieve its objective to
reduce by -30% its carbon intensity by 2025.
- In line with the objective of reaching a -33% reduction in
Scope 1 & 2 of its absolute CO2 emissions by 2035, with an
inflection point in 2025, and on track with reaching carbon
neutrality by 2050, the Group’s 2022 absolute CO2 emissions
have remained stable for two years in a row while Air Liquide has
continued to develop the business.
- Air Liquide increased its renewable energy sourcing volumes
by +10% versus 2021, in particular to supply its biggest oxygen
production site in the world, located in South Africa.
- New - to strenghten its engagement to the entire value
chain and further address CO2 emissions downstream of its
operations, Air Liquide has undertaken its first Scope 31
objective to have, within two years, 75% of its Top 50
customers committed to 2050 Carbon neutrality and bring it to 100%
- New - the Group is taking a commitment to reinforce
biodiversity assessment criteria into the investment process
for all new projects by 2024 and to develop and implement an
aggregated biodiversity indicator by 2025.
Advancing for health: as a major supplier of medical
oxygen and home healthcare services, Air Liquide’s ambition is to
contribute to shaping the future of healthcare. In mature
economies, aging populations and evolution in lifestyles are
leading to an increase in chronic diseases, while in low- and
middle-income countries, access to care is the main challenge.
- Air Liquide is playing a role in transforming healthcare and
contributing to improve quality of life to the ~1.9 million
patients served in 2022, with 49% of its patients on
personalized care plans.
- In low- and middle-income countries, the Group facilitated
access to medical oxygen to 1.8 million people.
Advancing for all: addressing societal objectives, Air
Liquide recognizes that long-term performance is based on the
quality of its relationship with employees, customers, patients,
shareholders, suppliers and local communities around the world.
- In 2022, Air Liquide increased the presence of women among
its managers and professionals to 31.5%, compared to 26% in
2012. It is in line to reach its target of 35% by 2025.
- Reaching 42% of deployment, the Group is on track to
bring a common basis of care coverage to 100% of its employees
by 2025 worldwide. This includes death and disability benefits,
health coverage and a minimum 14 weeks of paid maternity leave. The
Group currently has 67,100 employees.
From employees to the Board members, the Air Liquide
organization is embarked on a transformation journey. In order to
implement its action plan and track progress, Air Liquide has
ensured that the proper Governance and Processes are in
- Global objectives have been translated into local
decarbonization plans, developed in close conjunction with the
Group’s activities (business lines) and taking into account
geographical and customer specificities.
- In order to bring more accuracy and robustness to reporting of
metrics, new tools have been implemented. A very significant
development in 2022 was the roll-out of a CO2 budget.
Followed quarterly, it is embedded into the investment decision
process to ensure that the Group remains on track on its
trajectory. As a reminder, Air Liquide has committed to invest €16
billion between 2022-2025, of which around 50% will be directed
towards Energy transition projects
- The Group has also deployed internal networks of experts
and training programs, as well as included Environmental, Social
and Governance (ESG) metrics in remuneration plans of
A world leader in gases, technologies and services for Industry
and Health, Air Liquide is present in 73 countries with
approximately 67,100 employees and serves more than 3.9 million
customers and patients. Oxygen, nitrogen and hydrogen are essential
small molecules for life, matter and energy. They embody Air
Liquide’s scientific territory and have been at the core of the
company’s activities since its creation in 1902.
Taking action today while preparing the future is at the heart
of Air Liquide’s strategy. With ADVANCE, its strategic plan for
2025, Air Liquide is targeting a global performance, combining
financial and extra-financial dimensions. Positioned on new
markets, the Group benefits from major assets such as its business
model combining resilience and strength, its ability to innovate
and its technological expertise. The Group develops solutions
contributing to climate and the energy transition—particularly with
hydrogen—and takes action to progress in areas of healthcare,
digital and high technologies.
Air Liquide’s revenue amounted to more than 29.9 billion euros
in 2022. Air Liquide is listed on the Euronext Paris stock exchange
(compartment A) and belongs to the CAC 40, CAC 40 ESG, EURO STOXX
50 and FTSE4Good indexes.
1 Scope 3 deals with other indirect emissions related to the
value chain of products sold by Air Liquide.
version on businesswire.com: https://www.businesswire.com/news/home/20230324005035/en/
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