ENGIE
Summary
For several decades, and due to overexploitation of forest products and increasing needs for agricultural development, the world's forest cover has been constantly decreasing. Yet forests are essential for stabilizing the climate by naturally absorbing carbon dioxide (about one third of the CO2 emitted by the burning of fossil fuels is absorbed by forests each year), and for the range of ecosystem services they provide (food, water, fuel, medicines, traditional crops, livelihoods, etc.), which help regulate ecosystems and protect biodiversity.
In order to reduce its environmental footprint and to reconcile industrial activities with a positive impact on the planet, ENGIE has adopted a Forest Policy in 2021. This policy reflects the Group's commitments in terms of deforestation and the use of forest biomass.
ENGIE develops projects worldwide, such as renewable energies or linear infrastructures. For any project, the priority is to avoid any negative impact on biodiversity, i.e. species and habitats. The application and respect of the mitigation hierarchy (Avoid – Reduce - Compensate sequence) are part of the Group's CSR roadmap and are an objective in ENGIE's act4nature commitments. Where impacts on species or habitats remain, biodiversity offsets are managed in accordance with the IUCN policy developed in 2016, and with the participation of relevant stakeholders. The way to compensate for cut trees is defined with the relevant stakeholders in order to best preserve the ecosystem, habitats and species. Indigenous peoples and local communities are also listened to and their expectations integrated as much as possible.
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