L’Air Liquide S A AI.PA Stock Price, News, Quote & History

The company has Paris-Agreement-aligned lobbying expectations for its trade associations, and it discloses its trade association memberships. The assessment will leverage the European Union’s Green Taxonomy criteria bollinger bands definition on ‘turnover’ for companies headquartered in the E.U. Companies will be an ongoing area of development as part of broader discussions on the use of green revenue classification systems and regional taxonomies.

Air Liquide aims to protect vulnerable lives by offering effective products and services and providing considerate support for patients. The COVID-19 pandemic plunged nearly every country around the world into an unprecedented health and social crisis. In response to the health emergency and the risk of a humanitarian disaster, the Foundation swung into action, providing emergency funds to help scientific research institutions and partner organizations. A “Just Transition” requires that the company considers the impacts from transitioning to a lower-carbon business model on its workers and communities.

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Currently, the International Energy Agency’s Net Zero Emissions by 2050 Scenario and related price deck are used for this assessment, where applicable. This sets out a pathway to reach net zero emissions by mid-century and keep the global temperature rise to 1.5°C with a 50% probability. This Metric focuses on the auditor’s disclosure of Key or Critical Audit Matters (K/CAMs) as applicable under the relevant auditing standards. Discussions may either be in a separate climate-related K/CAM or on specific accounting topics.

  • These measures clearly refer to the main sources of its GHG emissions, including scope 3 emissions where applicable.
  • Air Liquide fosters its success and that of its employees by motivating them in the performance of their work and encouraging them to set demanding performance standards for themselves.
  • These measures clearly refer to the main sources of its GHG emissions, including Scope 3 emissions where applicable.
  • The use of offsetting or carbon credits should be avoided and limited, if at all applied.
  • It also includes the company’s own response, for example any emissions targets set and the company’s strategy for decarbonisation.

The company has conducted a climate-related scenario analysis including quantitative elements and disclosed its results. The company has committed to retain, retrain, redeploy and/or compensate workers affected by decarbonisation. A just transition requires the company to consider the impacts of transitioning to a lower-carbon business model on its workers and communities. The company conducts and publishes a review of its trade associations’ climate positions/alignment with the Paris Agreement. The company has Paris Agreement-aligned lobbying expectations for its trade associations, and it discloses its trade association memberships.

Climate policy engagement

This Metric is assessed independently from Metric 1a on how the company has considered climate matters. This Metric can be achieved by disclosing relevant climate-related quantitative inputs even if the company did not take climate into consideration for such inputs. They provide independent evaluations of the alignment and adequacy of company actions with the goals of Climate Action 100+ and the Paris Agreement.

  • The company has set a target for reducing its GHG emissions by between 2026 and 2035 on a clearly defined scope of emissions.
  • This indicates increasingly significant misalignment with the Paris Agreement as the percentage nears zero.
  • Relationship Score is a measure of how supportive or obstructive the company’s industry associations are towards climate policy aligned with the Paris Agreement, with 0% being fully opposed and 100% being fully supportive.
  • Assessments of the company’s publicly disclosed information against each indicator, sub-indicator, and metric provide information on the company’s alignment with the Climate Action 100+ goals.

This portfolio includes both the historical Air Liquide cryogenics and related technologies, as well as the acquired Lurgi AG technologies, notably syngas, methanol, Rectisol, and other licensed technologies. In early 2018, Air Liquide commissioned three new biomethane production units, in the United States, in France, and in the United Kingdom. Its new units doubled Air Liquide’s biomethane capacity, reaching 60MW, the equivalent average true range of 500 GWh for a full year of production. Air Liquide has a plant located just outside Kennedy Space Center that provides gaseous nitrogen via two systems, an air separation system for standard daily needs and a launch support system for periods of higher demand. During the Artemis 1 wet dress rehearsal the level of flow was insufficient, something that will be solved by a planned upgrade of separation equipment.

Cours Air Liquide

Clarifications have been added to Metric 6.1a to enable assessment of companies’ plans to phase out carbon intensive assets. The company has set a target for reducing its GHG emissions up to 2025 on a clearly defined scope of emissions. The medium-term GHG reduction target covers at least 95% of Scope 1 & 2 emissions and the most relevant Scope 3 emissions .

In May 2017, Air Liquide announced the sale of Welding, its subsidiary of 2,000 employees, specialized in the production of welding gas, to Lincoln Electric. In November 2015, Air Liquide announced it would acquire the American firm Airgas for a total of $13.4 billion, including debt. On May 23, 2016, Air Liquide announced the completion of the acquisition of Airgas.

Présentation de l’action Air Liquide

Offsets will be an area for future development in the Net Zero Company Benchmark. The company has made a qualitative net zero GHG emissions ambition statement that explicitly includes at least 95% of its Scope 1 and 2 emissions. In order to align with a global 1.5°C compatible scenario, some sectors need to reach net what is blockchain technology zero earlier than 2050. Assessments for 14 Australian focus companies have been released early ahead of AGMs —click here for more information. Air Liquide Engineering & Construction employs more than 3,000 workers across 15 engineering centers around the world, and owns over 1,600 technology and process patents.

air liquide action

They embody Air Liquide’s scientific territory and have been at the core of the company’s activities since its creation in 1902. If the company has set a scope 3 GHG emissions target, it covers the most relevant scope 3 emissions categories for the company’s sector , and the company has published the methodology used to establish any scope 3 target. In 2013, Air Liquide created ALIAD, a venture capital investor, with the objective to invest in start-ups and future technologies specializing in the energy transition, health and digital sectors. The company was established the same year in the Air Liquide innovation laboratory in Paris, the i-Lab, launched in 2013 to support and share innovation across the group.

– 1950: International development and innovations

The audit report identifies how the auditor has assessed the material impacts of climate-related matters. Other reporting includes other sections of the annual report and may also include separate reporting such as sustainability reports, TCFD reports, analyst presentations, and the company’s website. To be assessed as ’Yes’, the company must have been assessed as ’Yes’ for Metric 1a. Red—At the overall Indicator level, the company receives a ‘No’ on all Sub-indicators or Metrics that make up the indicator. At the Sub-indicator level, the company receives a “No” for all Metrics that make up the Sub-indicator. Amber— At the overall Indicator level, the company receives a ‘Yes’ on at least one Metric that makes up the Indicator.

Supplier and business partners

The company has a specific commitment/position statement to conduct all of its lobbying in line with the goals of the Paris Agreement. In 2020, Air Liquide along with Schneider Electric, Groupe PSA, and Valeo were asked to produce ventilators for intensive care units (COVID-19) by the Health Department. In September 2018, Air Liquide inaugurated its Paris Innovation Campus, located on the “Plateau de Saclay”, near Paris. The campus includes Air Liquide’s largest Research & Development Center, fully renovated with an investment of €50 million.

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