Press release -
SBTi approves Eutelsat Group’s near-term science-based greenhouse gas emissions reductions targets
Paris, 28 January 2025 – Eutelsat Group (Euronext Paris, London Stock Exchange: ETL), is proud to announce that its near-term greenhouse gas (GHG) emissions reduction targets have been validated by the Science Based Targets initiative (SBTi). The SBTi has recognized the Group’s scope 1 and 2 targets as aligned with a 1.5°C trajectory, in line with the Paris Agreement.
The approved targets include:
- A 50% absolute reduction in energy-related GHG emissions (Scopes 1+2) by 2030, using 2021 as the baseline year.
- A 52% reduction in carbon intensity per Satellite Mbit (Scope 3) by 2030, within the same timeframe.
Jean-Hubert Lenotte, Chief Strategy and Resources Officer and Executive Committee Member of Eutelsat Group stated: «This validation by the SBTi underscores our commitment to addressing the urgent environmental challenges of our time. At Eutelsat Group, the protection of the environment on Earth and in Space is at the heart of our CSR mission and strategy, driving us to reduce our carbon footprint and contribute to global efforts against climate change. Today’s milestone reinforces our role as a responsible player in the space industry, taking concrete action to reduce emissions and support climate action."
In 2024, Eutelsat Group achieved significant milestones in its environmental strategy, including the implementation of new solar panel programs at our teleports in Mexico, alongside expanding similar initiatives in Italy and Portugal. Additionally, it made substantial progress by transitioning to green energy contracts, further solidifying our commitment to reducing its carbon footprint and advancing sustainable practices across operations.
Eutelsat Group is committed to upholding these efforts as it works toward further reducing its environmental impact.
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About Eutelsat Group
Eutelsat Group is a global leader in satellite communications, delivering connectivity and broadcast services worldwide. The Group was formed through the combination of the Company and OneWeb in 2023, becoming the first fully integrated GEO-LEO satellite operator with a fleet of 35 Geostationary satellites and a Low Earth Orbit (LEO) constellation of more than 600 satellites. The Group addresses the needs of customers in four key verticals of Video, where it distributes more than 6,500 television channels, and the high-growth connectivity markets of Mobile Connectivity, Fixed Connectivity, and Government Services. Eutelsat Group’s unique suite of in-orbit assets and ground infrastructure enables it to deliver integrated solutions to meet the needs of global customers. The Company is headquartered in Paris and the Eutelsat Group employs more than 1,500 people across more than 50 countries. The Group is committed to delivering safe, resilient, and environmentally sustainable connectivity to help bridge the digital divide. The Company is listed on the Euronext Paris Stock Exchange (ticker: ETL) and the London Stock Exchange (ticker: ETL)
Find out more at www.eutelsat.com
Media enquiries
Joanna Darlington
Tel. +33 674 521 531
jdarlington@eutelsat.com
Anita Baltagi
Tel. +33 +33 643 930 178
abaltagi@eutelsat.com
Katie Dowd
Tel. +1 202 271 2209
kdowd@oneweb.net
Investors
Joanna Darlington
Tel. +33 674 521 531
jdarlington@eutelsat.com
Hugo Laurens Berge
Tel. +33 670 80 95 58
hlaurensberge@eutelsat.com
DISCLAIMER
The forward-looking statements included herein are for illustrative purposes only and are based on management’s views and assumptions as of the date of this document. Such forward-looking statements involve known and unknown risks. For illustrative purposes only, such risks include but are not limited to: risks related to the health crisis; operational risks related to satellite failures or impaired satellite performance, or failure to roll out the deployment plan as planned and within the expected timeframe; risks related to the trend in the satellite telecommunications market resulting from increased competition or technological changes affecting the market; risks related to the international dimension of the Group's customers and activities; risks related to the adoption of international rules on frequency coordination and financial risks related, inter alia, to the financial guarantee granted to the Intergovernmental Organization's closed pension fund, and foreign exchange risk. Eutelsat Communications expressly disclaims any obligation or undertaking to update or revise any projections, forecasts or estimates contained in this document to reflect any change in events, conditions, assumptions, or circumstances on which any such statements are based, unless so required by applicable law. The information contained in this document is not based on historical fact and should not be construed as a guarantee that the facts or data mentioned will occur. This information is based on data, assumptions and estimates that the Group considers as reasonable.
