Act for a sustainable future - Air Liquide

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Act for a sustainable future - Air Liquide
Act
for a sustainable
      future
Act for a sustainable future - Air Liquide
Air Liquide has a growth trajectory.
                                                                      L E T ’ S AC T F O R A S U S TA I N A B L E F U T U R E !

 This means performing steadily
in the present and preparing well for the
future thanks to a deeply resilient and
diversified business model. Performance
                                              Abatement                              Care for                                 Trust as
and sustainability are therefore both core    of CO2                                 patients                                 the base
to our strategy.
                                              emissions
                                              As we invent clean                     2020 brought healthcare to               — to engage with our
 It also means supporting our customers
                                              technologies for industries and        the top of the world’s agenda            employees
and patients and addressing the               clean mobility, we work on             with the Covid-19 crisis.
                                              the frontline of environmental         As a major world player                  At Air Liquide, we believe in
urgency of climate change and societal
                                              progress, playing a decisive           in healthcare, Air Liquide has           the potential of each person
transformation.                               role in the transition to a            always been close to patients,           and their talents. The Group’s
                                              low-carbon society and the             medical professionals,                   long-term performance is
                                              development of a hydrogen              hospitals and health                     driven by our employees and
“Our ambition going forward is to make a                                                                                      we are convinced that the
                                              economy.                               authorities. The Group is
meaningful difference.”                                                              well positioned to contribute            power to impact the present
                                                                                     to help transform healthcare             and shape a better future is
                                                                                     to better support patients               in their hands. Air Liquide’s
 Inventing and shaping the future                                                    and better meet their needs              commitment is to create a
                                                                                     around the world.                        safe, inclusive and engaging
with state-of-the-art technologies,
                                                                                                                              workplace, while nurturing
operational competences and services                                                                                          employees’ inventiveness,
close to customers or patients,                                                                                               supporting their development
                                                                                                                              and empowering them.
has always been in our DNA.

 But it is clear today that the role                                                                                          — and to build a
                                                                                                                              best-in-class governance
of a company like ours goes beyond
this. As a matter of fact we all - States,                                                                                    As a responsible global
                                                                                                                              and local player overseen
companies and citizens – share                                                                                                by a diversified, independent
the responsibility and the mission                                                                                            Board of Directors, we can
                                                                                                                              make a difference in the
of building a sustainable future.
                                                                                                                              responsible way we behave
                                                                                                                              day to day, manage
It is time to ACT for a sustainable future.                                                                                   our business, and interact
                                                                                                                              with all our stakeholders:
                                                                                                                              customers, patients, employees,
                                                                                                                              suppliers, shareholders and
                                                                                                                              the communities at large.
Act for a sustainable future - Air Liquide
A batement of CO                                                                       2
                                                                                                                                        OUR CONTRIBUTION AND OUR METRICS

emissions for
a low-carbon society                                                                       REDUCING OUR CO2
                                                                                           EMISSIONS                                                         -33%                                                         CARBON
                                                                                                                                                                                                                          NEUTRALITY
                                                                                           Air Liquide has long been
                                                                                           committed to a sustainable                                        CARBON EMISSIONS                                             BY 2050
                                                                                                                                                             BY 2035
To address climate change, it is time,                                                     growth. In 2018, the Group                                        Air Liquide commits                                          Air Liquide commits to reaching
more than ever, to take actions.                                                           already committed to a                                            to decreasing its CO 2                                       carbon neutrality by 2050,
                                                                                                                                                                                                                          aligning the Group with
As a responsible company, Air Liquide                                                      30% reduction of its carbon                                       emissions in absolute
                                                                                                                                                             value by 33% by 2035.                                        international efforts to reduce
has long endeavored to protect the                                                         intensity (1) , and will fully deliver                                                                                         global warming, as outlined
                                                                                                                                                             This includes direct
environment. In 2018, the Group took                                                       its objective by 2025 (2) .                                       emissions from its                                           in the Paris Agreement.
a step further with an ambitious                                                                                                                             hydrogen production and                                      This means significantly
                                                                                           The Group has now set more
                                                                                                                                                             cogeneration units, as                                       increasing the use of low-
commitment to reduce the carbon                                                            ambitious goals to abate                                                                                                       carbon electricity for operations,
                                                                                                                                                             well as indirect emissions
intensity of its activities. Air Liquide also                                              CO 2 emissions.                                                   from the production of                                       implementing innovative
helps its industrial customers to reduce                                                                                                                     electricity and steam                                        carbon capture technologies,
                                                                                                                                                                                                                          optimizing supply chains
their carbon emissions, developing                                                                                                                           purchased by the Group
                                                                                                                                                                                                                          and improving the efficiency
                                                                                                                                                             for its operations.
new technologies and skills to support                                                                                                                                                                                    of our production units.
their low-carbon transition. Our recent
investments in low-carbon hydrogen
also demonstrate this commitment.
                                                                                                                                                                                                                          For example, the Group
                                                                                           D E V E L O P I N G L OW - CA R B O N S O L U T I O N S
                                                                                                                                                                                                                          is working closely with the
                                                                                           FO R O U R C U S T O M E R S A N D FO R I N D U S T R I E S                                                                    steel industry to reduce CO 2
                                                                                           We are not only reducing our carbon footprint but also                                                                         emissions by using hydrogen
                                                                                           helping industrial customers do the same. Drawing on                                                                           on a large scale during the
                                                                                                                                                                                                                          steel manufacturing process.
                                                                                           our technological expertise and capacity for innovation,                                                                       We are also developing
                                                                                           we are inventing cleaner, more sustainable solutions                                                                           new technologies to capture
                                                                                           to reduce their emissions.                                                                                                     and recycle carbon emissions
                                                                                                                                                                                                                          from the steelmaking process.

                                 HIGHLIGHT

                                                                                                                                                                                                                          x3
          I N AU G U R AT I O N O F T H E WO R L D ’ S                                     AC C E L E R AT I N G I N H Y D R O G E N
        L A R G E S T L OW - CA R B O N H Y D R O G E N                                    Hydrogen is a cornerstone of the energy transition. It offers
            P R O D U C T I O N U N I T I N CA N A DA
                                                                                           a tremendous growth potential as a competitive low-carbon
                                                                                                                                                                                                                          Our hydrogen revenues will at
                                                                                           solution for many applications in the industrial, energy and
  In early 2021, Air Liquide inaugurated the world’s largest                                                                                                                                                              least triple in size, increasing
                                                                                           mobility sectors. Deeply convinced that hydrogen will play                                                                     from 2 billion to more than
  membrane-based low-carbon hydrogen production unit
  i n B é c a n c o u r, C a n a d a . Powe re d by 9 9 % re n ewa b l e                   a major role in the energy transition, the Group intends                                                                       6 billion euros by 2035.

  energy, this unit can produce over 8 . 2 metric tons of                                  to be a key enabler of the hydrogen society thanks to its

                                                                                                                                                                                                                          ~€8 bn
  low-carbon hydrogen daily – enough to fuel more than                                     assets, technologies and expertise.
  2 ,000 cars , 16 ,000 forklifts , 275 buses , or 230 large
  t r u c ks . T h i s e n a b l e s t h e G ro u p to s u p p l y i t s N o r t h
  American industrial customers and mobility markets                                                                                                                                                                      invested in the low carbon
                                                                                                                                                                                                                          hydrogen supply chain by 2035.
  w i t h d e c a r b o n i ze d , h i g h - p u r i t y hyd r o g e n a n d h e l p
  reduce their carbon footprint.                                                           (1) In kg CO2 equivalent/euro of operating income recurring before depreciation and amortization at 2015 exchange rate and excluding IFRS16 for greenhouse gas emissions scopes 1
                                                                                           and 2, Location-based. (2)In the adjusted reporting framework, from a 2020 baseline of 32.5 million tonnes CO2 eq (scopes 1 and 2), with scope 2 emissions in Market-Based.
Act for a sustainable future - Air Liquide
C are for                                                                                                                    OUR CONTRIBUTION AND OUR METRICS

patients
With 1.8 million patients and
15,000 hospitals served worldwide,
Air Liquide is a major player in the
healthcare sector. Working alongside
patients, professionals and hospitals,                                               I M P R OV I N G T H E Q UA L I T Y                               Promoting customized
we aim to improve patients’ quality
                                                                                     O F L I F E O F C H R O N I C PAT I E N T S                       care pathways through
                                                                                     AT H O M E I N M AT U R E E C O N O M I E S                       a combination of personal
of life and contribute to a more
                                                                                     In Home Healthcare, Air Liquide takes care of patients            support from our teams
efficient health system. Our employees’
                                                                                     with chronic conditions, such as respiratory diseases             (technicians, nurses)
mobilization during the Covid crisis
                                                                                     and diabetes. Working with healthcare professionals               and digital tools, in order
has shown we can take on increasing
                                                                                     and caregivers, we are committed to improving                     to improve the adherence
responsibility in this area.
                                                                                     patients’ quality of life by raising disease awareness,           to treatment and quality
                                                                                     educating and empowering patients, identifying the                of life of patients with
                                                                                     outcomes that matter most to them, and personalizing              chronic diseases.
                                                                                     services to their conditions and lifestyles.

                                                                                     FAC I L I TAT I N G AC C E S S                                    Equipping with oxygen
                                                                                     T O M E D I CA L OX YG E N FO R R U R A L                         primary care facilities
                                                                                     C O M M U N I T I E S I N L OW - A N D                            in villages and bringing
                                                                                     MIDDLE-INCOME COUNTRIES                                           our expertise to support
                                                                                     Medical oxygen is critical for treating notably                   local communities.
                                                                                     pneumonia , which claims the lives of more than
                                                                                     800,000 children under five years old every year (1)              Expanding partnerships
                                                                                     in the world. Yet wide gaps in access remain                      with NGOs in this field.
                                                                                     in most low- and middle-income countries.
                                                                                     To help reduce child mortality, Air Liquide is expanding
                                                                                     its partnerships with NGOs (2) to provide medical
                                HIGHLIGHT                                            oxygen across those countries and open up access
                                                                                     to their inhabitants.
    AC C E S S OX YG E N : FAC I L I TAT I N G AC C E S S
       T O M E D I CA L OX YG E N I N S E N E G A L

  In Senegal, Air Liquide has equipped more than 80 rural
                                                                                     (1) WHO Maternal Child Epidemiology Estimation (WHO-MCEE) 2018.
  health posts and centers to administer much-needed                                 (2) Non-governmental organizations.

  m e d i c a l ox yg e n to p a t i e n t s w i t h a c u te r e s p i r a to r y
  diseases . Supported by the Senegalese Ministr y
  of H e a lt h a n d U N I C E F, A i r Li q u i d e’s Ac c e s s Ox yg e n
  s o l ut i o n i s n ow ava i l a b l e to a p o p u l at i o n of a ro u n d
  900,000 inhabitants.
Act for a sustainable future - Air Liquide
T rust as the base                                                                                                            OUR CONTRIBUTION AND OUR METRICS

to engage with
our employees                                                                    S A F E T Y FO R A L L O F                                                 BELIEVING IN DIVERSITY
                                                                                 O U R E M P L OY E E S                                                     A S A S O U R C E O F P E R FO R M A N C E
                                                                                 A N D S TA K E H O L D E R S                                               At Air Liquide, diversity is a source of dynamism, creativity
Increasing Air Liquide’s                                                         Safety is a fundamental value                                              and performance. An inclusive workplace with talents
positive impact means                                                            and an integral part of Air Liquide’s                                      of different ages, nationalities and backgrounds is a key
developing our employees’                                                        operational excellence and culture.                                        asset for the Group’s success. Thanks to the energy
ability to engage and go                                                         The Group is committed to efficiently                                      and inventiveness of our teams, Air Liquide continuously
the extra mile for customers,                                                    reducing exposure to professional                                          invents new practices and develops innovative solutions
patients and society as a                                                        and industrial risks for its employees,                                    for customers and patients that improve performance.
whole. By creating a safer,                                                      customers, subcontractors, suppliers                                       We can increase our positive impact on society by
more collaborative and                                                           and local communities. In 2020,                                            empowering everyone to grow and make a difference.
inclusive work environment                                                       Air Liquide’s lost-time accident
and providing the right                                                          frequency rate (1) dropped to 0.9 (vs. 1.2                                 WE COMMIT TO INCREASING TO:
support, we aim to empower                                                       in 2019), the lowest rate in 20 years.

                                                                                                                                                            35%
our employees to develop
their full potential.
                                                                                      Safety:
                                                                                      a zero-                                                               of women among our Managers and
                                                                                                                                                            Professionals by 2025. To promote diversity

                                                                                      accident                                                              and a more inclusive culture, Air Liquide
                                                                                                                                                            encourages each of its entities to develop

                                                                                      ambition                                                              initiatives that make their workforce more
                                                                                                                                                            representative of their local communities.

                                                                                 C O M M O N B A S I S O F CA R E C OV E R AG E                                                    E N C O U R AG E E M P L OY E E
                                                                                 FO R A L L E M P L OY E E S                                                                       E N G AG E M E N T I N L O CA L I N I T I AT I V E S
                                                                                 Present in 78 countries with diverse cultures,                                                    Each of our 64,500 employees has the
                                                                                 Air Liquide historically faces very different                                                     potential to support their communities.
                               HIGHLIGHT                                         situations in care coverage for employees.                                                        Believing in our people means giving them
                                                                                 As a socially responsible employer, the Group                                                     opportunities to engage in local initiatives.
       D I V E R S I T Y, A S O U R C E O F DY N A M I S M                       is committed to offering a common basis of care
            A N D A P E R FO R M A N C E D R I V E R                             coverage for all our employees.

  With 64,500 employees in 78 countries, 150 nationalities
  are currently represented within the Group. Air Liquide’s                            WE COMMIT TO PROVIDING
                                                                                                                                                                                   We offer our employees

                                                                                       100%
  objective is to have diverse teams that represent the
  local culture in which they operate. The Group is also
                                                                                                                                                                                   the opportunity to devote
  c o m m itte d to c reati n g eq u a l o p p o r tu n it y fo r a ll a n d                                                                                                       time to a project or a mission
                                                                                       of our employees with common basis
  promoting a culture of inclusion, and has set ambitious                                                                                                                          supporting the Group’s
                                                                                       of care coverage by 2025 including
  g e n d e r e q u a l i t y g o a l s . I n 2 02 0, 3 0 % of m a n a g e r s         life insurance, health coverage                                                             Sustainability objectives
  a n d e n g i n e e r s a re wo m e n , a n d fi ve of t h e c u rre nt              and new maternity leave policy.                                                             in their local communities.
  14 Executive Committee members are women.                                      (1) Number of lost-time accidents with at least one lost day per million hours worked by Group employees.
Act for a sustainable future - Air Liquide
T rust as the base to                                                                                    OUR CONTRIBUTION AND OUR METRICS

build a best-in-class
governance
More than ever, a sustainable
future means working with all our
stakeholders and sharing responsibility
in a spirit of openness, fairness and                                           A D I V E R S I F I E D B OA R D       A RESPONSIBLE DIALOGUE WITH
accountability. Through transparency                                            OF DIRECTORS AND                       O U R B U S I N E S S S TA K E H O L D E R S
and continuous dialogue, Air Liquide                                            C L O S E R E L AT I O N S H I P       In a constantly evolving and increasingly competitive
commits to strengthening relations                                              WITH SHAREHOLDERS                      environment, integrity, transparency and dialogue
with its stakeholders: customers and                                            Being international, independent       are the cornerstones of Air Liquide’s responsibility
patients, shareholders, suppliers, local                                        and gender-balanced with               to customers, patients and suppliers. The Principles
communities and the public sphere.                                              a wealth of different profiles         of Action defined by the Group govern the actions
                                                                                and skills, Air Liquide’s              of all our employees in the management of business.
                                                                                Board of Directors is a key            We also go one step further by introducing an
                                                                                strength for the Group’s               assessment of our sustainability development
                                                                                long-term performance.                 approach in the customer satisfaction surveys. As part
                                                                                Performance which brings               of our procurement policy, we are also monitoring the
                                                                                value to all our shareholders.         compliance of our suppliers in terms of responsibility.
                                                                                The trust and loyalty of our
                                                                                470,000 shareholders are key
                                                                                to Air Liquide’s development.          A P O S I T I V E I M PAC T O N S O C I E T I E S
                                                                                For more than a century,               W H E R E W E O P E R AT E
                                                                                the Group has involved them            Air Liquide develops close relationships and dialogue
                                                                                in its growth, building long-          with all its local stakeholders, whether communities,
                                                                                term relationships based on            international institutions, NGOs, associations or
                                                                                transparency and proximity.            authorities. In particular, the Air Liquide Foundation
                              HIGHLIGHT
                                                                                We commit to maintaining               acts for the advancement of science, through support
      I M P R OV I N G C U S T O M E R E X P E R I E N C E ,                    ongoing dialogue with both             to fundamental medical and environmental research.
             F R O M L I S T E N I N G T O AC T I O N                           individual and institutional           The Foundation also contributes to the development
                                                                                shareholders through dedicated         of communities through local initiatives and its work
  As part of its commitment to delivering an outstanding                        services, attractive remuneration      on professional integration in technical fields. In doing
  customer experience, Air Liquide has set up in 2017 the
                                                                                and increased long-term                so, we help make a positive impact on local communities
  "Voice of the Customer" digital platform to collect and
                                                                                investment value.                      where we operate.
  analyze customer reviews in real time worldwide and
  to react im m e diately in c ase of di s s ati sfaction . Th i s
  p l at fo rm a l l ows e a c h A i r Li q u i d e e nt it y to m e a s u re
  customer satisfaction and share feedback throughout
  the G roup in a sp irit of continuous improvement and
  transparency. Over 150,000 customer feedback have
  already been submitted through the platform, deployed
  in more than 60 countries.
A world leader in gases,
technologies and services
for Industry and Health,
Air Liquide is present in

                                   Date of publication and legal deposit: March 2021. Photo credits: in order of appearance, p. 1: Thomas Cortesi, p. 3: LedyX/Shutterstock.com, p. 4: Todd Leckie/500px/Getty
78 countries with around
64,500 employees and
serves over 3.8 million
customers and patients.
Oxygen, nitrogen and
hydrogen are essential
small molecules for life,
matter and energy.
They embody Air Liquide’s
scientific territory and
have been at the core of
the company’s activities
since its creation in 1902.

                                   Images, p. 6: Sophie Loubaton/Capa Pictures, p. 8: Adrien Daste, p. 10: Mourad Mokrani. Design and production:
A I R L I Q U I D E .C O M /AC T
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