Valeo
Valeo, officially known as Valeo SA, is a prominent global automotive supplier headquartered in France. Established in 1923, the company has evolved into a key player in the automotive industry, focusing on innovative technologies and sustainable mobility solutions. With major operational regions across Europe, Asia, and North America, Valeo is dedicated to enhancing vehicle performance and safety. The company’s core business areas include powertrain systems, thermal systems, and visibility systems, offering a diverse range of products such as advanced driver assistance systems and electric vehicle components. Valeo's commitment to research and development has positioned it as a leader in automotive innovation, contributing to its notable achievements in the market. With a strong emphasis on eco-friendly solutions, Valeo continues to shape the future of mobility while maintaining a competitive edge in the automotive sector.
DitchCarbon Score
How does Valeo's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Motor Vehicle Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Valeo's score of 52 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Valeo's reported carbon emissions
In 2023, Valeo reported total carbon emissions of approximately 45,200,000,000 kg CO2e. This includes Scope 1 emissions of about 186,000,000 kg CO2e, primarily from mobile combustion (15,200,000 kg CO2e) and fugitive emissions (12,100,000 kg CO2e). Notably, Scope 3 emissions accounted for a significant portion, with employee commute emissions at 235,000,000 kg CO2e and emissions from the use of sold products reaching approximately 36,200,000,000 kg CO2e. Valeo has set ambitious climate commitments, aiming for carbon neutrality by 2050 across all its operations and supply chain, which encompasses Scopes 1, 2, and upstream Scope 3 emissions. In the near term, Valeo targets a 75% reduction in Scope 1 and 2 emissions by 2030, using 2019 as the baseline. This target has been validated by the Science Based Targets initiative (SBTi) as aligned with a 1.5°C scenario. Additionally, Valeo aims to reduce Scope 3 emissions from purchased goods and services by 15% by 2030. These commitments reflect Valeo's proactive approach to addressing climate change and reducing its carbon footprint, aligning with industry standards and global climate goals.
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| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 153,200,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 506,400,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | - | - | - | - |
| Scope 3 | 4,738,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Valeo is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
