PARIS, Dec. 11, 2024 — In a bold stride toward sustainability, Sopra Steria, a titan within the European technology landscape, has reaffirmed its resolve to tackle the specter of climate change head-on. This commitment unfolds with their endorsement of two groundbreaking startup initiatives focused on carbon removal: one harnesses the transformative potential of ocean alkalinization, while the other seeks to rejuvenate parched and degraded lands through the innovative techniques of regenerative agriculture.
Back on April 7, 2022, the company made waves with the announcement of a substantial €1.1 billion credit facility, intricately tied to its ambitious goal of slashing greenhouse gas emissions by an astounding 85% per employee by the year 2040, in strict accordance with the Paris Agreement. This endeavor is bolstered by an audacious bonus/malus mechanism cleverly woven into the credit agreement, showcasing a binding commitment to environmental stewardship. As Sopra Steria navigated through 2022 and 2023, its rigorous adherence to environmental performance standards yielded a dedicated fund exceeding €200,000, earmarked for pioneering tech ventures in the relentless battle against climate change.
Axelle Lemaire, the dynamic Executive Director championing Sustainable Performance and Corporate Social Responsibility at Sopra Steria, remarked: “This utilization of our credit line epitomizes Sopra Steria’s unwavering dedication to the ecological transition. Merely minimizing our own carbon footprint is insufficient; we must be catalysts in our clients’ emissions reduction journeys. The solutions to the profound challenges posed by climate change will emerge from the convergence of innovation, economic viability, and social accountability. We are genuinely proud to champion projects that blaze new trails in solution-seeking.”
With meticulous discernment, an internal panel of specialists, reinforced by the validating oversight of Crédit Agricole CIB and Crédit Lyonnais—serving in capacities as ‘Sustainability Coordinators’ and ‘Sustainability Agents’—selected the standout initiatives led by PRONOE, committed to mitigating ocean acidification, and Sand To Green, which fervently strives for the revitalization of arid landscapes.
