Sanofi

"Sanofi's net zero target is to achieve this status by 2045, with an interim target of achieving carbon neutrality by 2030. Net Zero Tracker
This target was updated ahead of COP 26 in November 2021. Net Zero Tracker
An interesting fact about Sanofi's environmental policy is their commitment to renewable energy and eco-friendly initiatives. Net Zero Tracker
They aim to achieve 100% renewable energy, with current sourcing at 62%, and plan to foster an eco-fleet by 2030, of which they have achieved 34% today. Net Zero Tracker
They also report on these measures annually. Net Zero Tracker
In addition, you …"

Current Score (vs. LY)

89.8 pts (-)

Last Update: Dec. 12, 2023

Current Rankings

Global: #2

CAC40: #2

Health Care: #1

100.0%

Transparency

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

74.5%

Commitments

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

100.0%

Results

Results and actions to deliver on commitments for real

Greenhouse Gas Emissions

Last 3 Years Emissions Data Summary

Y2021Y2020Y2019
Scope 1 467,780498,091352,435
Scope 2 - location-based NANANA
Scope 2 - market-based 192,701255,835530,118
Scope 1-2 - location-based 467,780498,091352,435
Scope 1-2 - market-based 660,481 753,926 882,553
Scope 3 4,738,9045,233,3935,110,721
Total - location-based 5,206,6845,731,4845,463,156
Total - market-based 5,399,385 5,987,319 5,993,274

Note: Data sources detailed here

Y2022 Y2021
Total CO2e estimate (by Net0Tracker) 5,196,6405,399,385
Methodology Previous year intensity (revenue)As 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our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated.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.

Sanofi belongs to the sector Health Care.

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 30.0 2019 2030
S1S2MKT 55.0 2019 2030
S1S2S3MKT 90.0 2019 2045

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 2045

Science-based Targets (SBTI)

Date Published / Updated :01/03/2023

Near-term Long-Term Net Zero Standard
Targets Set : 1.5°C by FY2030 Targets Set : 1.5°C by FY2045 Yes by FY2045
Sanofi is a member of the Business Ambition for 1.5 campaign (link here )

Overall Net-Zero Target
Sanofi commits to reach net-zero GHG emissions across the value chain by FY2045 from a FY2019 base year.
Near-Term Targets
Sanofi commits to reduce absolute scope 1 and 2 GHG emissions 55% by FY2030 from a FY2019 base year*. Sanofi commits to increase annual sourcing of renewable electricity from 11% in FY2019 to 80% by FY2025 and 100% by FY2030. Sanofi also commits to reduce absolute scope 3 GHG emissions from purchased goods and services, capital goods, fuel and energy related activities, upstream transportation and distribution, waste generated in operations, business travel and employee commuting 30% by FY2030 from a FY2019 base year. *The target boundary includes land-related emissions and removals from bioenergy feedstocks.
Long-Term Targets
Sanofi commits to reduce absolute scope 1 and 2 and scope 3 GHG emissions 90% by FY2045 from a FY2019 base year*. *The target boundary includes land-related emissions and removals from bioenergy feedstocks.

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 SANOFI 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: We’re developing a community-focused carbon offsetting program that will not only avoid or remove emissions from the atmosphere. In selecting projects, we're seeking balance between projects which simultaneously generate a high volume of credits and deliver positive impacts on communities and the environment. This year, we’re focusing on two projects in partnership with EcoAct" "500 hectares of mangroves* will be restored through reforestation efforts, conserving the mangrove ecosystem that’s so essential to coastline protection and fishing resources"

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 10.0 10.0 -
3 CDP score demonstrates the level of transparent disclosures 10.0 10.0 -
Transparency 30.0 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 1.6666666666666663 10.0 -
6 Emission reduction targets on a forward-looking basis are ambitious 8.134142680022396 10.0 -
7 Targets are science-based as validated by SBTi 10.0 10.0 -
Commitments 29.800809346689064 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) 10.0 10.0 -
10 Implied Temperature Rating by MSCi 10.0 10.0 -
Results 30.0 30.0 -
Total 89.8 100.0 -


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? full 5.0 / 5.0 -
Criteria 3 : Quality and Frequency of reporting
What is the latest CDP score (no later than the preceding year)? A 10.0 / 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? 2045 0.8 / 5.0 -
Target year for achieving net zero emissions for S1+S2+S3 combined? 2045 0.8 / 5.0 -
Criteria 6 : Reduction objectives
What is the forward-looking GHG% reduction (without compensation) for scope 1+2? 4.4
4.4 / 5.0 -
What is the forward-looking GHG% reduction (without compensation) for scope 1+2+3? 3.7
3.7 / 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 %): 10.0
Actual (in %): 25.2
5.0 / 5.0 -
Momentum: last year % reduction vs. forward-looking target Objective (in %): 4.4
Actual (in %): 12.4
5.0 / 5.0 -
Criteria 9 : Results based on scope 1 - 2 - 3
Performance to date: cumulative% reduction vs. target Objective (in %): 6.9
Actual (in %): 9.9
5.0 / 5.0 -
Momentum: last year % reduction vs. forward-looking target Objective (in %): 3.7
Actual (in %): 9.8
5.0 / 5.0 -
Criteria 10 : Implied Temperature Rise (ITR)
Is the company aligned with global climate targets? ITR: 1.3°C 10.0 / 10.0 -
Total 89.8 / 100.0 -


Available Data Sources

Reporting Year 2022 2021 2021 2021 2020 2020 2019 2019 2019
Source Wikirate (NV) Public Yourstake NZPDU Public NZPDU Public NZPDU Wikirate
Publication Year 2023 2023 unknown 2022 2023 2021 2023 2020 2020
Scope 1 536,804 467,780 467,780 467,780 498,091 515,328 352,435 559,421 460,108
Scope 2 - location-based 150,429 NA NA 427,160 NA 406,309 NA 417,689 370,508
Scope 2 - market-based NA 192,701 192,701 192,701 255,835 255,866 530,118 370,508 NA
Scope 1-2 - location-based 687,233 467,780 467,780 894,940 498,091 921,637 352,435 977,110 830,616
Scope 1-2 - market-based NA 660,481 660,481 660,481 753,926 771,194 882,553 929,929 NA
Scope 3 0 4,738,904 4,738,904 4,738,904 5,233,393 5,555,402 5,110,721 6,122,074 6,122,074
Total - location-based 687,233 5,206,684 5,206,684 5,633,844 5,731,484 6,477,039 5,463,156 7,099,184 6,952,690
Total - market-based NA 5,399,385 5,399,385 5,191,045 5,987,319 6,166,846 5,993,274 6,693,325 NA

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