Controlling the use of resources, with the dual objective of reduce : water consumption (in relation to sales) and energy consumption (in relation to sales)
Terms of the action or commitment
The Group’s waste production corresponds to the total production of waste (hazardous and non-hazardous waste) in relation to sales (t/M€). In 2019, this amounts to 16.4 t/M€. The Group aims to reduce waste production relative to sales to 15.0 t/M€ in 2025, i.e. a reduction target of 9% from 2019 to 2025.
To contain waste production in a phase of significant growth, the Group has set an ambitious target and is deploying associated tools. As part of its ISO 14001 certification, the Group plans to reduce its landfill waste, increase the proportion of its waste with energy recovery, and has set a target of achieving synergy actions between the Purchasing, Industrial and Research & Development Departments with the following perspectives
– continue to reduce the consumption of materials
– to improve development time during the launch phase of new projects (products and processes);
– implement a monthly follow-up of the main waste producers
2022 follow-up of the action
Objective 1-1: Since the year 2008, total water consumption in relative terms has decreased by more than 40% within the Valeo Group. In 2019, total water consumption relative to sales (197 m3/M€) has decreased by 6% compared to the previous year and by 0.5% compared to the reference set in 2015 (198 m3/M€). In 2020, total water consumption relative to sales increased as a result of the disruptions generated by Covid-19 (213 m3/M€), linked to the maintenance of certain minimum water consumption levels, even though Valeo Group sales had fallen sharply. In absolute terms, however, water consumption between 2018 and 2020 is reduced by 12%. The targeted reduction of 6% compared to 2015 data is therefore delayed. Due to the Covid-19 crisis, the targets set in 2015 are no longer relevant and are replaced by a new set of targets for 2025 and 2030 as part of the Group’s environmental plan.
In 2021, water consumption relative to revenues decreases (204 m3/M€) compared to 2020. As previously mentioned, a new set of targets has been defined following the Covid-19 crisis, for the period 2019-2025. For 2025, the new water consumption target is set at 185 m3/M€.
Objective 1-2: In 2019, energy consumption relative to revenue (142 MWh/M€) decreased by 0.7% compared to 2015, the reference year (143 MWh/M€). In absolute terms, it will decrease by 8% between 2019 and 2020. Due to the decrease in activity related to the Covid-19 health crisis, however, the relative value to revenue increases in 2020 (163 MWh/M€).
Following the Covid-19 crisis, this monitoring has been closed, and new ambitious targets have been set as part of the Group’s carbon plan (Plan CAP 50), with objectives for 2025 and 2030. Within this framework, in 2021, energy consumption relative to revenues will decrease compared to the previous year (161 MWh/M€), bringing the Group closer to its target of 134 MWh/M€ by 2025.
The targets set for 2020, based on a 2015 baseline, were on track to be reached by early 2020. Containment measures related to the Covid-19 health crisis have caused a sharp decline in revenues and required pushing the limits of flexibility of production resources. For these reasons, resource consumption relative to turnover is increasing between 2019 and 2020, although absolute values are decreasing sharply. Taking this crisis into account, Valeo has set new targets for the year 2025, while using 2019 as the reference year, in order to use data prior to the shocks of the Covid-19 years. These objectives are part of Valeo’s 2050 carbon footprint reduction plan (CAP 50), which aims to reduce direct emissions (scope 1&2) in absolute terms by 75% by 2030.
Objective 1-1: Despite the increase in absolute water consumption between 2017 and 2019, due to the integration of 24 new sites into the reporting scope over the same period, Valeo has been able to control its water consumption over the past year thanks to work with recently acquired sites. In order to enable these acquisitions to meet the Group’s high environmental standards, Valeo has set up progressive integration programs for these new sites. Water saving devices, which have been in use at Valeo for several years, will be gradually replaced. New systems will be deployed: the use of closed circuits in new processes, the replacement of water cooling systems with air cooling systems, the progressive reuse of rainwater and industrial water, the reduction of water flows for domestic use, the installation of new equipment (reflector cleaning machines, etc.), and finally the installation of devices allowing the collection and reuse of rainwater or industrial water once treated. The upward trend between 2019 and 2020 can be explained by two factors. On the one hand, a sudden drop in activity without being able to variabilize the consumption from the cooling towers. On the other hand, all the reinforced disinfection and cleaning measures implemented in the framework of the fight against Covid-19.
Objective 1-2: The gradual improvement in the Group’s energy performance (or reduction in energy consumption relative to revenues) is the result of ongoing work to improve the energy performance of production equipment and sites (low-energy lighting solutions, thermal renovation of buildings, etc.). Between 2019 and 2020, after this gradual improvement, consumption relative to revenues will increase, again due to the drop in activity and strong flexibility requirements related to the Covid-19 health crisis. Despite the significant drop in activity and sales following the containment measures linked to this crisis in the first half of 2020, not all Group sites were able to reduce their gas consumption over the year due to heating during the winter and electricity consumption linked to lighting, compressed air production and the operation of certain machines. As part of the Group’s 2016-2020 environmental performance improvement objectives, the Group set a target of 20% of Valeo sites obtaining ISO 50001 energy management certification by the end of 2020. The objective was reached in 2020, and exceeded in 2021, with 31% of sites having obtained ISO 50001 certification, demonstrating a strong commitment to this voluntary approach