Legrand

"The company Legrand has committed to achieving net zero CO2 emissions by 2050. Net Zero Tracker
This target covers scope 1 and scope 2 emissions, and partially covers scope 3 emissions. Net Zero Tracker
An interesting fact about Legrand's environmental policy is that the company is committed to participating in voluntary projects to offset residual carbon emissions from operational activities and employee travel. Net Zero Tracker
They aim to become carbon-neutral across these scopes in 2022, contributing to the global effort to reduce CO2 emissions. Net Zero Tracker
In addition, you can check out the net-zero commitments and data for …"

Current Score (vs. LY)

68.3 pts (-)

Last Update: Dec. 12, 2023

Current Rankings

Global: #19

CAC40: #9

Industrials: #3

76.7%

Transparency

Quality of climate reporting based on public disclosures, completeness and verification of GHG emissions

69.5%

Commitments

Level of ambition through gross absolute emissions reduction and 'net zero' targets

58.3%

Results

Results and actions to deliver on commitments for real

Greenhouse Gas Emissions

Last 3 Years Emissions Data Summary

Y2022Y2021Y2020
Scope 1 54,00051,75757,571
Scope 2 - location-based NANA90,824
Scope 2 - market-based 64,00086,96790,818
Scope 1-2 - location-based 54,00051,757148,395
Scope 1-2 - market-based 118,000 138,724 148,389
Scope 3 3,477,0003,466,5483,331,848
Total - location-based 3,531,0003,518,3053,480,243
Total - market-based 3,595,000 3,591,265 3,467,424

Note: Data sources detailed here

Y2022 Y2021
Total CO2e estimate (by Net0Tracker) 3,595,0003,591,265
Methodology As reportedAs reported

Carbon emissions are estimated according to comparable years, intensity and sector benchmarks

Performance vs. Target

Note: Targets without baseline are ignored. In case several targets exist, only the shorter-term target is displayed.


Value Chain (scope 3) Emissions by Category

Emissions Trajectory (Full Scopes)



Please refer to the library for viewing the supporting documentation

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Sector Benchmark

Note: Latest GHG and revenue data (based on tradingview.com) are used to calculate GHG emissions intensity by sector. The color scale of each bubble depends on the GHG intensity (GHG emissions per 1 million USD revenue). Sectors follow the Global Industry Classification Standard (GICS) that organize companies based on their primary business activities. The 11 sectors are : Information Technology, Health Care, Financials, Consumer Discretionary, Communication Services, Industrials, Consumer Staples, Energy, Utilities, Real Estate, and Materials.

Legrand belongs to the sector Industrials.

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Reduction and Net Zero Targets

>Note: intensity targets are not represented in the current version - see Methodology

Gross Absolute Emission Reductions

Scope Reduction Objectives Base Year Target Year Comments
S3 15.0 2019 2030
S1S2MKT 50.0 2019 2030

Net Absolute Emission Reductions

There is no absolute emission reduction recorded in our database. Email us to report missing information Email


Net Zero Future Commitments

Scope Scope 3 Coverage Target Year Comments
S1S2S3MKT FULL 2050

Science-based Targets (SBTI)

Date Published / Updated :01/05/2024

Near-term Long-Term Net Zero Standard
Targets Set : 1.5°C by 2030 Targets Set : 1.5°C by 2050 Yes by 2050
Legrand is a member of the Business Ambition for 1.5 campaign (link here )

Overall Net-Zero Target: Legrand commits to reach net-zero greenhouse gas emissions
across the value chain by 2050.
Near-Term Targets: Legrand commits to reduce absolute scope 1 and 2 GHG emissions 42%
by 2030 from a 2022 base year.
Legrand commits to reduce absolute scope 3 GHG emissions from purchased goods and
services and use of sold products 25% within the same timeframe.
Long-Term Targets: Legrand commits to reduce absolute scope 1 and 2 GHG emissions 90%
by 2050 from a 2022 base year.
Legrand commits to reduce absolute scope 3 GHG emissions 90% within the same
timeframe.

Data source: SBTI

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Offsets

Last update for LEGRAND by zerotracker.net: Sept. 4, 2024
Planning to use external offset credits Yes
Separate targets for emission reductions and removals No
Conditions on use of offset credits
  • No conditions specified
Plans for carbon dioxide removal (CDR) Not Specified

Additional notes: As well as these initiatives, Legrand is committed totaking part in voluntary projects to offset the residual carbon emissions arising from operational activities and employee travel, in order to become carbon-neutral across these scopes in 2022 and thereby make a very rapid contribution to the global effort to reduce CO2 emissions.

Data source from zerotracker.net - For more information, see methodology

Score Summary

Ref Principle Score
(points) 		Max
(points) 		Delta
(points)
1 At least 2 years of GHG emissions for scope 1 and 2 are publicly-available and externally-verified 10.0 10.0 -
2 Scope 3 emissions are fully reported and externally-verified 5.0 10.0 -
3 CDP score demonstrates the level of transparent disclosures 8.0 10.0 -
Transparency 23.0 30.0 -
4 Net Zero Commitments by 2050 include an intermediate target and cover all the emissions 10.0 10.0 -
5 Net Zero targets demonstrate a high-level of emergency 4.666666666666667 10.0 -
6 Emission reduction targets on a forward-looking basis are ambitious 3.125 10.0 -
7 Targets are science-based as validated by SBTi 10.0 10.0 -
Commitments 27.791666666666668 40.0 -
8 Results re. operational emissions reduction: on-pace (performance-to-date) and momentum (forward-looking targets) 10.0 10.0 -
9 Results re. value chain emissions reduction: on-pace (performance-to-date) and momentum (forward-looking targets) 0.0 10.0 -
10 Implied Temperature Rating by MSCi 7.5 10.0 -
Results 17.5 30.0 -
Total 68.3 100.0 -


Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email


Score Details

Criteria Results 2023 Score 2022 Score Vs. 2022 2021 Score
Criteria 1 : Transparency on operational emissions (Scope 1 + 2)
Are S1+S2 figures publicly-disclosed for the last reporting year and the preceding period? yes 5.0 / 5.0 -
Are S1+S2 figures verified by a 3rd-party for the last reporting year? yes 5.0/ 5.0 -
Criteria 2 : Transparency on value chain emissions (Scope 3)
Are the 15 categories fully or partly disclosed? full 5.0 / 5.0 -
Are S3 figures fully or partly verified by a 3rd-party for the last reporting year? NC 0.0 / 5.0 -
Criteria 3 : Quality and Frequency of reporting
What is the latest CDP score (no later than the preceding year)? B 8.0 / 10.0 -
How many interim reporting were provided between 2 reporting periods (GHG emissions only)?
Criteria 4 : Net Zero Commitments
Does the net 0 target include a statement of a generally-accepted net zero emission target by 2050? yes 3.0 / 3.0 -
Does the net zero target include an intermediate target by 2030? 2030 3.0 / 3.0 -
Does the net zero target include all the emissions? yes 4.0 / 4.0 -
Criteria 5 : Target year for Net Zero Commitments
Target year for achieving net zero emissions for S1+S2? 2022 4.7 / 5.0 -
Target year for achieving net zero emissions for S1+S2+S3 combined? 2050 0.0 / 5.0 -
Criteria 6 : Reduction objectives
What is the forward-looking GHG% reduction (without compensation) for scope 1+2? 3.1
3.1 / 5.0 -
What is the forward-looking GHG% reduction (without compensation) for scope 1+2+3?
No target found
 0.0 / 5.0 -
Criteria 7 : Science-Based Targets
What type of science-based target (as validated by SBTi) did the company commit to? Targets Set 1.5°C 10.0 / 10.0 -
Criteria 8 : Results based on scope 1 - 2
Performance to date: cumulative% reduction vs. target Objective (in %): 13.6
Actual (in %): 33.3
5.0 / 5.0 -
Momentum: last year % reduction vs. forward-looking target Objective (in %): 3.1
Actual (in %): 14.9
5.0 / 5.0 -
Criteria 9 : Results based on scope 1 - 2 - 3
Performance to date: cumulative% reduction vs. target Objective (in %):
Actual (in %):
No target found
 0.0 / 5.0 -
Momentum: last year % reduction vs. forward-looking target Objective (in %):
Actual (in %):
No target found
 0.0 / 5.0 -
Criteria 10 : Implied Temperature Rise (ITR)
Is the company aligned with global climate targets? ITR: 1.7°C 7.5 / 10.0 -
Total 68.3 / 100.0 -


Available Data Sources

Reporting Year 2022 2021 2021 2020 2019 2019
Source Public NZPDU Public NZPDU Public NZPDU
Publication Year 2023 2022 2023 2021 2023 2020
Scope 1 54,000 51,757 51,757 57,571 NA 54,976
Scope 2 - location-based NA NA NA 90,824 NA 112,659
Scope 2 - market-based 64,000 86,967 86,967 90,818 NA 256
Scope 1-2 - location-based 54,000 51,757 51,757 148,395 0 167,635
Scope 1-2 - market-based 118,000 138,724 138,724 148,389 NA 55,232
Scope 3 3,477,000 3,466,548 3,456,547 3,331,848 2,710,000 2,570,000
Total - location-based 3,531,000 3,518,305 3,508,304 3,480,243 2,710,000 2,737,635
Total - market-based 3,595,000 3,591,265 3,595,271 3,467,424 NA 2,618,695

Sources

Please refer to the library for viewing the supporting documentation

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

© Vincent Manier - September 2021 About us . Keep in touch . Blog