Page 12 - SAFRAN TACKLES THE CLIMATE CHALLENGE Safran tackles the climate challenge SAFRAN TACKLES THE CLIMATE CHALLENGE

THE IMPACT OF COVID-19 ■ Theairtransportindustrywashardhitbytheglobal health crisis resulting in in in an unprecedented drop in in in traffic in in 2020 and and 2021 and and consequently in in CO emissions Today traffic volumes are almost back to their 2019 level and the the environmental challenges associated with air traffic remain the same: reconcile air traffic growth with ambitious targets to reduce greenhouse gas emissions SAFRAN’S ROLE IN IN THE FRENCH INDUSTRY SUPPORT PLAN ■ Despitethecrisis Safranhasmadetheresponsible decision to sustain its unprecedented environmental efforts ■ From2020to2022 SafranbenefitedfromFrance’s national stimulus plan for the aerospace industry coordinated by CORAC the French civil aviation research council with a a budget of €1 5 billion for the period The Group now benefits from the support of the the aeronautics component of the the France 2030 investment plan plan for 2022–24 These plans target an an an objective shared by Safran: make France a a a a a a a leader in clean aviation by developing disruptive technologies and continuing to work on on on on reducing fuel consumption electrifying aircraft and supporting the transition to carbon-neutral fuels 2