Who are we?
At a time of climate emergency, AFEP’s major companies are mobilised to build a sustainable future. The action is shared by all and investments in favour of the ecological transition are already underway!
Chairman of AFEP
Ambition 4 Climate
The Ambition 4 Climate initiative supported by AFEP illustrates the concrete commitment of large companies in the fight against climate change. Investing in a variety of know-how, innovations and technologies, large companies are mobilising to implement concrete low-carbon solutions in the diverse range of their value chains.
Recent and diverse projects
Ambition 4 Climate brings together a significant number of recent and diverse projects implemented by companies from different sectors to reduce their greenhouse gas emissions and those of their customers. These projects are presented with factual and quantified data and show the variety of recent investment decisions. Their reproducibility makes it possible to trigger relevant emissions reductions. Given their characteristics, they mobilise many players and foster the dissemination of the climate ambition throughout the value chain. These projects are divided into six types of levers that make it possible to reduce the carbon dependency of companies or other actors. For each project, the carbon impact is assessed using a transparent methodology.
Constructive dialogue between companies and their stakeholders
Ambition 4 Climate also aims to stimulate a constructive dialogue between companies and their stakeholders by providing Internet users with detailed information sheet and a direct channel of contact for each company carrying a project. This platform is complementary to the individual or collective climate commitments initiated on the same theme, such as the French Business Climate Pledge.
An evolving digital platform
This platform is intended to integrate over time new projects being implemented by large companies, to facilitate the readability of their actions in the field and to establish an informed exchange with all interested parties.
Who are we?
AFEP (Association of Large French Companies) is an association representing 111 of the largest companies operating in France.
AFEP’s objective is to foster a sustainable and business-friendly environment and to present the vision of its member companies to French public authorities, European institutions and international organisations.
AFEP is involved in drafting cross-sectoral legislation, at French and European level, and designs voluntary initiatives. The Association contributes in particular to environmental issues, including climate change, energy transition, the circular economy, biodiversity and corporate social responsibility. AFEP is at the origin of various initiatives in the field of sustainable development, such as: companies’ climate commitments at international level, corporate circular economy commitments, the promotion of sustainable cities in France and internationally, and CEOs’ commitments to biodiversity.
To reduce their greenhouse gas emissions, the projects are divided into 7 types of levers:
the project aims to reduce the share of fossil fuels (coal, oil, natural gas) in the energy mix of the company or its stakeholders.
Energy efficiency improvement
the project aims to improve the energy performance of its activities or those of its stakeholders, i.e. to reduce energy consumption for the same service provided.
Improvement of non-energy resource efficiency
the project reduces the consumption of "material or living" resources (but whose carbon intensity is significant given their need to be transformed by energy-consuming processes) of the company or its stakeholders for an identical service.
Sobriety in energy and non-energy resources
the project aims to reduce the consumption of energy or non-energy resources (but whose carbon intensity is significant) of the company or its stakeholders by changing uses or behaviour. In the end, the "service provided" is not identical; it is adjusted to a lower need
the project increases carbon sinks that sequester carbon originally stored in the atmosphere. The project can also use the carbon dioxide in an industrial process. These “negative emissions” represent an absolute and actual flow of carbon removed from the atmosphere.
Financing of low-carbon issuers or disinvestment from carbon assets:
The project reduces the carbon footprint of the company's investment portfolio by financing issuers with low-carbon activities and projects or, conversely, by disinvesting carbon assets.
Reduction of other greenhouse gases
The project aims to reduce, avoid or capture the emission of one or more greenhouse gases, other than carbon dioxide (CH4, N2O, HFC, PFC, SF6).
For each project sheet, a methodology is suggested to define the climate impact of the action implemented. To do so, it measures several characteristic variables:
The emissions induced by the implementation of the project, according to the different scopes described below:
- Scope 1 , which refers to direct emissions generated by the company’s activities;
- Scope 2 , which refers to indirect emissions related to the use of electricity or heat imported by the company;
- Scope 3 , which refers to indirect emissions induced by the company’s activities, products and services at its suppliers’ or customers’ sites.
Avoided emissions resulting from the implementation of the project, i.e. the positive gain between the emissions of the project on the one hand, and the emissions of the baseline scenario that would have occurred in the absence of the project, on the other hand. Avoided emissions are neither added to nor subtracted from the emissions induced by the project.
How the project contributes to the creation of direct carbon sinks, i.e. net carbon sequestration assets owned directly by the company, or indirect carbon sinks, i.e. net carbon sequestration assets financed by the company at its suppliers or its customers or outside its value chain. The project may also use the carbon dioxide in an industrial process.
The carbon impact of each project is defined according to the physical quantities involved: quantity of energy used, quantity of raw materials consumed, quantity of products sold and quantity of CO2 absorbed. Each physical quantity evolving during the project is characterised by an emission factor which defines its carbon intensity.
The carbon impact is then calculated as follows: Reduction in physical quantities of carbon × associated emissions factor.
Each project sheet also provides data on the investment made by the companies and the reproducibility capacity of the project. For each indicator present in the project sheet, the element activated by the project is indicated in blue.
The information contained in each project sheet is the sole responsibility of the company carrying out the project.
Finally, a dedicated box allows you to:
- Download the complete project sheet in pdf format;
- Access additional information through the URL links provided by the company carrying the project;
- Contact the company directly.
Afep would like to thank Romain Grandjean and Margaux Coudour for their contributions to the success of Ambition 4 Climate process, as well as Lisa Morzadec for the design and development of the platform.