Air Liquide, Official Supporter in Hydrogen of the Olympic and Paralympic Games Paris 2024 to Contribute to Reducing the Games’ Carbon Emissions

Regulatory News:

Air Liquide (Paris:AI) has become an Official Supporter in hydrogen, as part of a partnership with Paris 2024 to contribute to reducing the event’s carbon emissions. The Group will supply hydrogen of renewable origin to power some of the vehicles of Paris 2024’s official fleet. This partnership reflects Paris 2024’s ambition to “organize more sustainable Games”.

In keeping with the event’s environmental ambitions, Air Liquide and the Paris 2024 Organizing Committee for the Olympic and Paralympic Games have signed a partnership to supply hydrogen for vehicles transporting athletes and officials. Several hundred hydrogen-powered Toyota Mirai, the official vehicle of Paris 2024, will be filled with hydrogen supplied by Air Liquide. This hydrogen will be of renewable origin, meaning that it will be produced from water electrolysis or biomethane with guarantees of origin.

Given that transport accounts for a quarter (24%¹) of global CO₂ emissions, the climate emergency requires a range of solutions, including hydrogen of renewable origin. It offers real advantages, including a great range and minimal charging times, for heavy and intensive transport, like taxis and the vehicles in Paris 2024’s official fleet that will be in continuous use.

As a world leader in hydrogen production, Air Liquide will draw on the expertise it has developed over 60 years and its low-carbon and renewable hydrogen production capacities. The Group is currently launching, piloting and developing some of the most important projects around the world to decarbonize industry and transport. To accelerate the development of hydrogen as part of the energy transition, Air Liquide has committed to developing a total installed electrolysis capacity of 3 gigawatts by 2030.

Tony Estanguet, President of Paris 2024, explains: “To ensure that we achieve our goal of making these Games more sustainable in response to climate change, we've rethought all the major features of the Games. By supplying hydrogen of renewable origin for the vehicles for athletes and officials, Air Liquide will help us reduce the carbon footprint of the Games. Thanks, Air Liquide, for your commitment as an Official Supporter of Paris 2024. We’re thrilled to have you on board!”

François Jackow, Chief Executive Officer of the Air Liquide Group, adds: “Air Liquide and Paris 2024 share the same ambition: implementing concrete solutions to meet the challenge of climate change. That's what our partnership is all about. Beyond the Olympic and Paralympic Games Paris 2024, this partnership will accelerate the wide-scale adoption of hydrogen to decarbonize heavy and intensive transport, including taxis. The challenge is huge, and it is only by working together that we will succeed!”

Air Liquide’s contribution to the Olympic and Paralympic Games Paris 2024 in brief:

• Air Liquide will supply the hydrogen for some of the vehicles in Paris 2024’s official fleet - several hundred hydrogen-powered Toyota Mirai cars.
• The hydrogen supplied by Air Liquide will be of renewable origin, meaning that it will be produced from water electrolysis or biomethane with guarantees of origin.

Images available from the Air Liquide press Department.

Air Liquide and hydrogen

In accordance with the 2015 Paris Agreements and in response to the urgency of climate change, Air Liquide is committed to achieving the carbon neutrality of its activities by 2050. As a hydrogen pioneer, the Group is convinced that this molecule has a vital role to play in the success of the energy transition. Over the last 60 years, the Group has developed unique expertise in hydrogen; today, it is a leader in the production and distribution of low-carbon and renewable hydrogen and a world leader in liquid hydrogen. The Group is responsible for launching, piloting and developing some of today’s most important projects in the world to decarbonize industry and transport. Air Liquide has made a number of commitments to accelerate the development of hydrogen as part of the energy transition and will develop a total electrolysis capacity of 3 GW by 2030.

Find out more about hydrogen and Air Liquide’s initiatives

About Air Liquide

A world leader in gases, technologies and services for Industry and Health, Air Liquide is present in 73 countries with approximately 67,100 employees and serves more than 3.9 million customers and patients Oxygen, nitrogen and hydrogen are essential small molecules for life, matter and energy. They embody Air Liquide’s scientific territory and have been at the core of the company’s activities since its creation in 1902.

Taking action today while preparing the future is at the heart of Air Liquide’s strategy. With ADVANCE, its strategic plan for 2025, Air Liquide is targeting a global performance, combining financial and extra-financial dimensions. Positioned on new markets, the Group benefits from major assets such as its business model combining resilience and strength, its ability to innovate and its technological expertise. The Group develops solutions contributing to climate and the energy transition — particularly with hydrogen — and takes action to progress in areas of healthcare, digital and high technologies.

Air Liquide’s revenue amounted to more than 29.9 billion euros in 2022. Air Liquide is listed on the Euronext Paris stock exchange (compartment A) and belongs to the CAC 40, CAC 40 ESG, EURO STOXX 50, FTSE4Good and DJSI Europe indexes.

www.airliquide.com

About Paris 2024

The Organizing Committee for the Olympic and Paralympic Games Paris 2024 (Paris 2024) has the task of planning for, organizing, financing and delivering the Olympic and Paralympic Games in Paris in 2024 in accordance with the host city contract signed by the International Olympic Committee (IOC), the French National Olympic and Sports Committee (CNOSF) and the City of Paris. The Olympic and Paralympic Games are the leading sports event in the world and have a unique media impact, bringing together some 10,500 Olympic and 4,350 Paralympic athletes respectively representing 206 and 182 delegations from five continents. The Games are followed by over 13 million spectators and 4 billion viewers around the world and their impact as a global event of great sporting, economic and cultural importance is unparalleled. Founded in January 2018, Paris 2024 is headed by Tony Estanguet, a three-time Olympic champion and IOC member. It is administered by an Executive Board (EB) that brings together all the project’s founding members: CNOSF, the City of Paris, the state, the Île-de-France Region, CPSF, the Greater Paris Metropolitan Area, the Seine-Saint-Denis Departmental Council and representatives of the local authorities involved in the Games.

¹ Source: https://www.statistiques.developpement-durable.gouv.fr/edition-numerique/chiffres-cles-du-climat-2022/7-repartition-sectorielle-des-emissions-de

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