L'Air Liquide (AI ) Status update summary

Sustainability and Environmental Performance

• Achieved a 13% absolute CO₂ emissions reduction since 2020, reaching the inflection point a year ahead of schedule and surpassing the 2025 carbon intensity target with a 46% decrease since 2015.

• 40% of total power is now sourced from low-carbon origins, including renewables and nuclear, with 5.6 TWh/year of low-carbon electricity PPAs signed since 2020.

• Water management plans implemented at all priority sites in high water-stressed areas, now targeting 112 sites under updated guidelines.

• Major decarbonization levers include low-carbon energy sourcing, asset management (efficiency and electrification), and carbon capture and storage (CCS), with asset management contributing 35% of reductions.

• Large-scale projects in South Africa, China, and Rotterdam are delivering significant emissions reductions and energy security.

Health, Social, and Workforce Achievements

• Record low employee accident frequency rate of 0.4 in 2025, a 60% reduction in two years, with ongoing efforts to close the gap with subcontractors.

• Women represent 34% of managers and professionals by 2025, up 4% since 2020.

• Universal care coverage for all employees, including life insurance, health coverage, and paid maternity leave, achieved since 2024.

• Over 7,000 employees participated in volunteering programs in 2025, with 100% access to volunteering opportunities.

• 64% of 2.3 million homecare patients benefit from personalized care plans; Access Oxygen program covers up to 3.5 million people in low- and middle-income countries.

Climate Transition Plan and Decarbonization Levers

• Three main levers: low-carbon energy sourcing, asset management (efficiency and electrification), and CCS, with CCS technology mature and the first project underway at the largest hydrogen plant in Europe.

• Low-carbon energy sourcing drove 53% of emission reductions, with electrification projects in China and asset optimization contributing significantly.

• Rotterdam Porthos CCS project to store 2.5 million tons of CO₂ annually, enabling significant emission cuts for hard-to-abate sectors.

• Electrification of steam-driven air separation units is ongoing, with only about a dozen such units remaining globally.

• Future decarbonization will rely on a balanced contribution from all three levers, with a strong pipeline of energy transition projects and continued focus on low-carbon sourcing and asset modernization.