Thales sets out plan for Net Zero
Product innovation aligned with eco-design and supply chain engagement are two elements that will help Thales’ become a Net Zero company by 2040.
In a presentation to analysts and investors on October 5, 2021, Thales set out plans to be safer, greener, and more inclusive as it moves forward with its ESG (Environmental, Social, and Governance) action plan.
Compared to a 2018 baseline, the company intends by 2023 to reduce GHG emissions by 35 per cent versus a previous target of 20 per cent. This will rise to 50 per cent by 2030 against a previous target of 40 per cent.
According to Patrice Caine, chairman and CEO of Thales, these objectives are consistent with limiting global warming to 1.5 deg C. Thales said it will start SBTi certification to substantiate its progress.
As well as targeting its own emissions output Thales will also engage with suppliers and provide support for their efforts to reduce carbon emissions, with action plans of the 150 most polluting suppliers approved and launched by 2023. This systematic engagement with suppliers is designed to align them with Thales’ 2030 emissions target.
Register now to continue reading
Thanks for visiting The Engineer. You’ve now reached your monthly limit of news stories. Register for free to unlock unlimited access to all of our news coverage, as well as premium content including opinion, in-depth features and special reports.
Benefits of registering
-
In-depth insights and coverage of key emerging trends
-
Unrestricted access to special reports throughout the year
-
Daily technology news delivered straight to your inbox
Klein Vision unveils AirCar production prototype
According to the Klein Vision website, they claim the market for flying cars will be $1.5 trillion by 2040, so at the top end $1 million per unit that...