Our common ambition
On August 29th 2019, in the framework of the Rencontre des Entrepreneurs de France (LaREF), 99 French companies, accounting for 1.650 billion euros turnover and 6 million jobs worldwide, reaffirm the need to collectively change course by accelerating innovation and R&D through their investments in low-carbon solutions, in order to engage in a drastic reduction of global greenhouse gas (GHG) emissions.
The commitment taken for 2016-2020 has been held and exceeded before time
For companies already committed in 2017, industrial investments and R&D in renewable energies, energy efficiency and other low-carbon technologies amount to €68 billion for 2017-2018, in only two years, i.e. more than the investments initially planned for 2016-2020 (€60 billion). This shows an acceleration of investments of French companies to reduce greenhouse gas emissions.
French companies take a new commitment for 2020-2023
From 2020 to 2023, 55 companies having disclosed their investment forecasts (including 9 additional ones) expect at least €73 billion (of which €8 billion for newly committed companies) of industrial investment and R&D in renewable energy, energy efficiency, the deployment of sustainable farming practices and other low-carbon technologies. In addition, investments amount to €10 billion in the nuclear sector and investment in natural gas as transitional energy amount to €18 billion over the same period.