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Thales SA is a French multinational company that operates in the aircraft electronics sector. The company was founded in 1893 and has since grown to become a leading provider of advanced technology solutions for the aerospace, defense, and security industries. With a strong focus on innovation and sustainability, Thales is committed to decarbonisation and reducing its carbon footprint through various initiatives.

One of the key areas of focus for Thales is corporate energy. The company recognizes the importance of reducing its energy consumption and has implemented a number of measures to achieve this goal. Thales has set a target to reduce its energy consumption by 10% by 2025, compared to its 2019 baseline. To achieve this, the company is implementing energy efficiency measures across its operations, including the use of energy-efficient lighting, heating, and cooling systems, as well as the optimization of its production processes.

In addition to reducing its energy consumption, Thales is also committed to increasing its use of renewable energy. The company has set a target to source 50% of its electricity from renewable sources by 2025, and has already made significant progress towards this goal. Thales has invested in a number of renewable energy projects, including wind and solar farms, and has also signed corporate power purchase agreements (PPAs) with renewable energy providers.

Corporate PPAs are a key part of Thales' renewable energy strategy. These agreements allow the company to purchase renewable energy directly from a provider, often at a lower cost than traditional energy sources. Thales has signed a number of corporate PPAs with renewable energy providers in recent years, including a 10-year agreement with a wind farm in Spain. This agreement will provide Thales with 100% renewable electricity for its operations in Spain, and will help the company to achieve its target of sourcing 50% of its electricity from renewable sources by 2025.

Thales is also investing in research and development to develop new technologies that can help to decarbonize the aviation industry. The company is working on a number of projects aimed at reducing the environmental impact of air travel, including the development of electric and hybrid-electric aircraft. Thales is also working on technologies to improve the efficiency of air traffic management, which can help to reduce fuel consumption and emissions.

Overall, Thales is a company that is committed to sustainability and decarbonisation. Through its focus on corporate energy, renewable energy, and investment in new technologies, Thales is working to reduce its carbon footprint and contribute to a more sustainable future. As the aviation industry continues to face pressure to reduce its environmental impact, Thales is well-positioned to play a leading role in driving change and innovation in this sector.

✓ Declared Net Zero commitment