Safran SA 2020 IR
The report highlights Safran's performance and resilience during the unprecedented Covid-19 crisis in 2020. The company swiftly implemented an adaptation plan, reducing its global workforce by 17% and streamlining its industrial footprint. Despite a 33% decline in adjusted revenue to €16.5 billion, Safran maintained a recurring operating margin of 10.2% and generated €1,073 million in free cash flow. Additionally, Safran accelerated its climate strategy, committing to a 30% reduction in Scope 1 and 2 emissions by 2025 compared to 2018, and dedicating 75% of its R&T investment to environmental efficiency.
Company: Safran SA
Sector: Manufacturing
Country: France
Year: 2020
Type: IR
Pages: 528
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Safran SA
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The report highlights Safran's performance and resilience during the unprecedented Covid-19 crisis in 2020. The company swiftly implemented an adaptation plan, reducing its global workforce by 17% and streamlining its industrial footprint. Despite a 33% decline in adjusted revenue to €16.5 billion, Safran maintained a recurring operating margin of 10.2% and generated €1,073 million in free cash flow. Additionally, Safran accelerated its climate strategy, committing to a 30% reduction in Scope 1 and 2 emissions by 2025 compared to 2018, and dedicating 75% of its R&T investment to environmental efficiency.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees