Arkema strengthens its commitment to the climate

(July 11, 2022, Shanghai, China / Colombe, France) In line with the Paris Agreement’s goal of keeping the global average temperature rise within 5 degrees Celsius above pre-industrial levels by the end of the centu.

While this decarbonization target is based on Arkema's efforts to improve energy efficiency and evolve the energy mix in its own industrial activities, the Scope 3 reduction target is achieved through the following actions: emissions reductions from high-carbon emitting activities, product innovations that help customers reduce emissions emissions and drive suppliers’ emission reduction commitmen.

The Arkema Group plans to support this target by increasing its investment in decarbonisation-related projects by 400 million euros by 2030, which will be included in the Group's recurring capital expenditur.

“As a responsible manufacturer, Arkema is actively mobilizing to tackle the major societal challenge of decarbonizati.

Energy efficiency and structural evolution are key decarbonization drivers in Arkema's industrial operations

Over the past decade, Arkema's greenhouse gas emissions have been reduced by more than half(

In line with the Group's 5°C SBT pathway commitment, Arkema aims to limit Scope 1 and 2 emissions to 2 million tonnes of CO2e by 2030, a 46% reduction compared to 7 million tonnes in 201 (2)

To achieve this goal, the group will rely in particular on its energy consumption reduction plan implemented since 201 Compared to 2012, the energy efficiency of Arkema's industrial activities has already increased by 15%, and the Group is committed to further improving this achievement to 25% by 203

Arkema will also focus on accelerating the decarbonization of its energy sources through long-term renewable energy sourcing commitments, such as the recent Clear Lake plant in the US, and working with partners to reduce the carbon footprint of the steam it bu.

Greenhouse gas (GHG) emissions reductions are also based on a shift to low-emitting manufacturing processes and product ranges, as well as enhanced carbon capture and treatme.

Finally, the Group is also taking climate into account more in its investments, setting an internal carbon price of €100 per ton of CO2 emissio.

Innovation and supplier commitment are drivers of Arkema's decarbonisation of the value chain

Based on a new commitment to achieve a 5°C pathway across the value chain, Arkema also intends to reduce Scope 3 (3) emissions by 46%,.

To achieve this, Arkema is taking action against carbon-intensive activities in the value cha.

Up the value chain, the most important activity category is the carbon footprint of sourcing raw materia.

Down the value chain, reducing the most emitting fluorine gas applications targeted by the Kyoto Protocol and developing a new generation of fluorine gases (HFOs) for high value-added activities are the main drivers for Scope 3 reducti.

Arkema is also leveraging its strengths in sustainability innovation, especially in the "Lightweight Materials and Design" innovation platform, to accelerate the transformation of products and services and provide more solutions that support greenhouse gas reducti.

(1) The GHG emissions considered include Scope 1 direct emissions and ODS emissions, and Scope 2 indirect emissio.

(2) The scope of this commitment covers the activities of the Group up to the date of this press relea.

(3) Scope 3 emissions corresponding to the use and disposal of emitting fluorine gas are calculated based on the inherent global warming potential of these products and do not take into account recycling and disposal during u.