Francaise des Jeux

Francaise des Jeux reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 1.9 Kt (-0.71 /-26.8% y-o-y). Also positively, carbon intensity plummeted to 0.9 t (-0.3 /-25% y-o-y).

Francaise des Jeux's Scope 3 emissions was down at 40 Kt (-4.9 /-11% y-o-y). This is broadly in line with the declining trend (CAGR -10%) since 4Q'18.

The company is committed to reducing all Scopes by 20% by 2025 from a base year 2017, which translates into the estimated reduction of -1.2 Kt per annum over the period of FY2021 - FY2025. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Francaise des Jeux achieved carbon neutrality across its entire value chain (all Scopes) in 2019. Companies normally become carbon neutral with the help of the acquisition of carbon offsets rather than absolute reductions in their own greenhouse emissions. Also, carbon neutrality does not include non-CO2 GHG emissions.