Ageing building stock in developed countries: growing needs for renovation. Goal to make buildings last: by using reliable materials, that will maintain performance over time.
At Saint-Gobain, we promote a "fabric-first" approach, meaning that the building should first be energy efficient through its highly performing envelope: needs for heating, cooling and lighting should be limited to the unavoidable minimum.
Benoit Bazin, Chief Executive Officer of Saint-Gobain, commented: “In an unsettled geopolitical, energy and macroeconomic environment in 2022, the Group once again delivered record results. Over the last four years of its transformation, Saint-Gobain has outperformed, achieving a two-fold increase in its earnings per share, a structural improvement of 240 basis points in its operating margin, and a three-fold increase in its cash flow generation.
Saint-Gobain, committed to achieving carbon neutrality by 2050, announces that the Science Based Targets initiative1 has approved its greenhouse gas emission reduction targets as consistent with the organization’s new net zero standard and the Paris Climate Agreement. Saint-Gobain is the first company in its sector worldwide to receive this approval since the introduction of the new standard at the end of last year.
As newly-created buildings are increasingly energy efficient, the share of embodied carbon in the building's lifecycle emissions is increasing. Tackling this issue is essential, especially at the design phase.