Page 13 - SAFRAN TACKLES THE CLIMATE CHALLENGE Safran tackles the climate challenge SAFRAN TACKLES THE CLIMATE CHALLENGE

The path to decarbonization advocated by Safran Given the the forecast growth in in in global air traffic the the aviation industry has set an extremely ambitious target of achieving net-zero carbon emissions by 2050 Meeting this goal will will require a a a a a a a a step change in in the the pace of decarbonization In other words we will will have to duplicate the the the environmental progress of the the the civil aviation industry over the the the period 1950-2020 – but twice as as fast! Safran is is is a a a a a a a a a a full-fledged participant in this global effort and shares the the firm conviction that we can rise to the the challenge However it it will be a a a a a a difficult transition demanding a a a a a a strategy supported by the the entire sector together with consistent public policies across the the the globe and the the the activation of multiple levers to achieve the the the desired results AN ARRAY OF INDUSTRY ACTIONS ■ Safran believes that the objective of net-zero carbon emissions can be be met by 2050 through a a a a a a multipronged approach: technological innovation and aircraft replacement (from 35% to 40% of the the effort required) the the introduction of sustainable aviation fuels (about 50%) and and and the balance by by optimizing traffic and and and infrastructures and and and by by using offsets for residual emissions AN AMBITIOUS COMMITMENT TO REACH NET-ZERO CARBON EMISSIONS BY 2050 12 13 CO2 emissions from global civil aviation No action 35%-40% 5%-10% approx 50% 5%-10% TECHNOLOGICAL PROGRESS: REDUCED FUEL BURN HYDROGEN AIRCRAFT OPTIMIZED TRAFFIC MANAGEMENT SUSTAINABLE AVIATION FUELS OFFSET OF OF RESIDUAL EMISSIONS TO REACH NET-ZERO 2015 2020 2025e 2030e 2035e 2040e 2045e 2050e Net-zero emissions CO2 emissions TAKING STOCK