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21 May 2021

The AMF publishes its greenhouse gas emissions report

As part of its social and environmental responsibility, the AMF has carried out an assessment of its greenhouse gas emissions (GHG). This assessment is the preliminary step to an action plan and the definition of objectives for the reduction of its GHG emissions.

Methodological principles

In this methodological note, the AMF details the assumptions and data used.

A GHG assessment is an estimate of the direct and indirect GHG emissions linked to an organization's activity over a given period. The AMF has carried out the assessment of its greenhouse gas emissions for the years 2019 and 2020, taking into account the widest possible scope of its indirect emissions known as Scope 3 (purchases, visitor travel, catering, waste treatment, etc.).

The results of the GHG emissions calculations

The results show a total of 2,300 tCO2e emitted in 2020. This figure is down 21% compared to 2019 due to the health crisis. The decrease is mainly due to items related to business travel for employees and visitors. Indirect emissions account for 95% of AMF's GHG emissions.

The main emission items are:

  • Purchases of services and goods, which represent 1,283 tCO2e in 2020; 
  • Depreciation of fixed assets, which represents 388 tCO2e in 2020; 
  • Visitor travel, representing 206 tCO2e in 2020. 

The document also details the uncertainties inherent in any GHG measurement process.

The next steps

The AMF is currently working on an action plan to reduce these emissions, which will be integrated into the regulator's plan for social and environmental responsibility.