The SBTi has validated the corporate greenhouse gas (GHG) emissions reduction targets submitted by Alstom as compliant with its criteria and recommendations (version 4.2). The SBTi’s target validation team has classified Alstom Group’s scope 1 and 2 target ambition and has determined that it is in line with a 1.5°C trajectory.
“As a world-leader in mobility solutions, the decarbonization in transport is at the heart of everything we do at Alstom. This external validation of our targets demonstrates our strong and sustained commitment when it comes to energy and climate long-term challenges,” said Cécile Texier, Alstom vice president of sustainability & CSR.
Alstom has updated its carbon targets following the Bombardier Transport acquisition in 2021 which resulted in an expanded perimeter and therefore a revised GHG emissions baseline. Alstom has increased the ambition of its new near-term targets compared to the previously validated ones.
The approved near-term targets are:
Alstom is committed to reducing absolute direct GHG emissions (scope 1) and indirect GHG emissions (scope 2) from Alstom sites by 40% by 2030/31 from 2021/22 baseline – in line with a 1.5°C trajectory.
Alstom is committed to reducing GHG emissions (scope 3) from the use of sold products from its portfolio of rolling stock solutions by 42% (increased from previous target set at 35%) per passenger-km and 35% per ton-km by 2030/31 from a 2021/22 baseline. Both targets are in line with the Beyond 2°C scenario (B2DS), the most ambitious one available for Sectoral Decarbonization Approach for transport sector.
To achieve these targets, the Alstom in Motion strategy includes operational energy efficiency and transition ambitions: decarbonizing its operations, with the goal of achieving 100% renewable electricity supply from renewable sources in its operations by end of 2025; reducing the energy consumption of the portfolio of solutions by 25% by 2025 compared to 2014; and for 100 % of newly developed solutions to be eco-designed.
Alstom is engaging to complete a deep decarbonization of its activities over the value chain, while contributing to the mitigation efforts beyond the company. The net-zero ambition means that climate targets will be gradually expanded to cover the whole value chain, by setting the right measure efforts and establishing the milestones towards absolute GHG reduction by 2050.