Material Topic: E1 Climate Change
Material Sub-topics: Climate change mitigation; Energy
Supporting the goals of the Paris Agreement by reducing the carbon footprint of our operations, for example by improving energy efficiency, reducing routine flaring and venting of gas, and reducing the carbon footprint of our energy supply, and more specifically by increasing sales of zero-carbon energy products such as renewable mobility fuels and renewable power
Relevant SDGs:
SDG targets:
7.2By 2030, increase substantially the share of renewable energy in the global energy mix
7.3By 2030, double the global rate of improvement in energy efficiency
13Take urgent action to combat climate change and its impacts
The material impacts, risks, and opportunities related to E1 Climate Change can be found in SBM-3 Material Impacts, Risks, and Opportunities and Their Interaction with Strategy and Business Model. The material topic E1 Climate Change is governed centrally by Group Sustainability, which is led by the SVP Investor Relations & Sustainability, who reports directly to the CFO.