Decarbonising the Group s performance for the benefit of a sustainable environment -

Suez also calculates the intensity of its emissions, i.e. tonnes of Co2eq per million euros of revenue, and the downward trend is clear.

640

620

600

580

560

540

520

500 2014 2016 20182015 2017 2019

tC O

2 / M

PE RF

OR MA

NC E

In these times of change and uncertainty, our mobilisation for the planet and future

generations will be crucial. This responsibility requires strong, collaborative actions

to adapt our business management to these new realities and guarantee

continuity of service while helping to reduce the causes

of climate change.

Angel Simon Group Executive VP Southern

Europe and Latin America Region

Evolution in carbon intensity

Carbon intensity in tCO2/ M of sales

SUEZ strengthened the ambition of its climate commitments in October 2019, bringing them into line with the 1.5°C trajectory recommended by the IPCC in its October 2018 special report on global warming.

Aiming to help achieve the contribution to carbon neutrality by 2050, SUEZ com- mitted to increasing its target for redu- cing greenhouse gas emissions across all its activities by 2030 from 30% to 45% (scopes 1 and 2, baseline 2019, SBTi). This commitment will take concrete form in the implementation of an action plan to be submitted to SBTi in mid-2021. SUEZ has decided on several voluntary actions: set aside a budget dedicated to projects such as biogas production at storage centres, obtaining power from renewable sources and converting vehicle fleets;

focus innovation strongly on a set of technologies for capturing, using and storing carbon;

incorporate a changing carbon price into our everyday financial models.

SHAREHOLDERS LOCAL AUTHORITIES INDUSTRY EMPLOYEESPLANET

39