As part of Euronext’s strategic plan 'Growth for Impact 2024' and its 'Fit For 1.5°' climate engagement, Euronext is committed to reduce its Scope 1 and Scope 2 emissions by 70% in 2030 compared to 2020, as announced through its SBTi targets. Scope 1 emissions in particular are being reduced, through energy efficiency upgrades in the building portfolio and energy efficiency investments.
Euronext Paris, part of Euronext Group, is fully committed to the Group’s ambition, and announces today its energy sobriety plan:
- Euronext Paris has built a dedicated plan to follow the French Government’s recommendations to further limit energy consumption at peak hours – 08:00 to 13:00 and 18:00 to 20:00.
- Euronext Paris has decided to join Ecowatt, an alert system in the case of too great a tension on the network. In the case of an Ecowatt alert, further savings measures will be activated in Euronext’s Paris premises during peak hours.
- Euronext has migrated its core data centre to a fully green facility, which enables French market participants to reduce their carbon footprint, and strictly monitors the energy efficiency of its disaster recovery centre based in France.
- Euronext is directly engaging with both employees and suppliers to improve energy savings.
Euronext Paris is also participating in this year’s Championnat de France des Economies d’Energie, which encourages companies to mobilise as part of the national energy efficiency plan.
Euronext’s footprint in France mainly consists of the Euronext Paris building in La Défense (10,000 sqm) and a disaster recovery data centre in Ile-de-France.
At end September 2022, the France-based workforce of Euronext in France represented 500 full-time employees, alongside around 100 contractors working at least partially on the premises.
Reducing and optimising the building’s electric consumption
An already active energy-saving strategy
The Euronext Paris building was built in 2009 and Euronext has rented it since 2014.
We monitor our energy building performance through external rating agencies, such as through the BREEAM label, which rated the building as 'very good' in terms of its energy footprint in 2022. Euronext Paris also obtained a HQE label in 2009, with 'very well-performing' ratings.
As of September 2022, Euronext had saved in Paris 14.8% of its electricity consumption compared to the same period in 2019 – comparing with a pre-COVID year with similar summer temperatures in Paris. Euronext does not have any gas consumption in France.
An optimised heating policy
Since the first half of 2022, Euronext Paris has adapted the basis temperature of the office all year round to save energy. During the summer, the cooling system is set up to maintain a minimum temperature of 25°C, and during the winter, the heating system is set up to maintain a maximum of 19°C.
Since September 2022, Euronext Paris has further optimised its building’s heating programming, by pre-heating as much as possible in the hours preceding the peak consumption hours and then making use of the building inertia.
- A more aggressive scenario will be implemented during periods of low occupancy and in case of Ecowatt amber or red alerts, with a reduction of heating and cooling.
Going further in our low-consumption lighting strategy
External lights have been switched off entirely at Euronext Paris.
As for internal lighting, Euronext Paris follows a continuous improvement approach so that our equipment can rely on the technology with the lowest energy consumption. High-consumption neon tubes have all been replaced by LED lights; other equipment is replaced with low-consumption neon tubes or LED lights at the end of its lifecycle.
All eligible areas in the building (accounting for 80% of the building area) are equipped with movement detectors ensuring lights are only on when required during the day.
Since September 2022, the automatic complete light shutdown in the evening has been advanced by one hour to 21:00.
- In case of Ecowatt amber or red alerts, the light shutdown would be advanced and non-essential lights, computers and TV screens would be switched off.
Offering to French market participants a fully green core data centre
As part of Euronext’s 'Growth for Impact 2024' strategy, Euronext has successfully relocated Euronext’s Core Data Centre from Basildon (UK) to Bergamo (Italy) to a new green facility, powered entirely by renewable energy. This transformative move sets the standard for the industry. The new Core Data Centre is powered 100% by renewable energy sources and self-produces energy through solar panels and its own hydroelectric power stations.
Euronext’s recovery data centre in Ile-de-France has been optimised to require the minimum energy consumption, consistent with its Disaster Recovery infrastructure function. In average, Euronext’s Ile-de-France data centre consumes approximately 95KW per hour (average calculated on a monthly consumption).
Engaging actively with suppliers to set their own Scope 1 and 2 emissions reduction targets
Euronext is directly engaging with key suppliers and deploying a new supplier onboarding platform, which will support the 'Euronext Supplier Code of Conduct', including provisions regarding environmental protection.
By 2027, Euronext will engage with suppliers responsible for two-thirds of Euronext’s emissions and require them to set targets on their own Scope 1 and Scope 2 emissions, in alignment with the science-based targets methodology.
Leveraging on employee engagement to limit energy consumption
The Euronext Group has implemented a travel policy to limit air travel and prioritise travel by train. Euronext plans on reducing its business travel emissions (Scope 3 emissions) by at least 46.2% by 2030 compared to 2019.
Euronext Paris reimburses part of public transportation fees for each employee. Euronext Paris encourages our employees to travel to work by bike and has installed bike parking spaces inside the Euronext Paris building.
Euronext will also engage with employees to increase awareness and individual eco-gestures at work – especially digital sobriety – via internal communication campaigns, including by adhering to Ecowatt and participation in local events.
- In the case of Ecowatt amber or red alerts days, we will organise the charging of employees’ electric cars outside the periods of alert.