Outlook on transition risks: these changes are expected in the coming years, but with a low impact in the short term in view of the work undertaken within the Groupe.
Climate for Nature Fund. In 2023, Publicis Groupe’s Executive Management joined the Climate Fund for Nature Fund managed by Mirova/Natixis, through an investment of 20 million euros. It is a fund shared with other companies and investors whose objective is to support projects dedicated to the protection and restoration of nature with co-benefits for biodiversity and communities in several countries. A majority of them will take the form of carbon phase-out projects: afforestation, reforestation, restoration of key natural ecosystems, such as mangroves, or natural regeneration, as well as regenerative agriculture and agroforestry projects. The Fund is already supporting an ambitious project to protect primary forests in Peru in partnership with a local NGO and indigenous communities. Various other projects are at an advanced stage of study, including mangrove and land restoration in Latin America, Africa and Southeast Asia. This investment will enable the Groupe to receive carbon credits for around 15 years starting in 2028 to offset residual carbon emissions.
4. Resilience Metrics
The issue of resilience is integrated into the overall strategy and risk management approach. The Groupe monitors key performance indicators to assess the effectiveness of our adaptation measures and adjust our actions if necessary, with transparent communication on our climate resilience performance, following TCFD recommendations(1).
The Groupe demonstrated its resilience during the Covid-19 crisis; its approach allows it to continuously assess and strengthen its resilience to climate change which could alter business continuity. It helps to better understand the risks and opportunities related to its activities, and to adapt its business model to ensure its long-term sustainability. Publicis Groupe is committed to being a proactive player in the transition to a more sustainable economy. [E1 SBM-3-19 (a) & (b)]
In light of the material climate issues for Publicis Groupe, and in line with the SBTi targets aligned with the Paris Agreement and its 1.5°C scenario (the Company is part of the CAC 40 1.5° index [E1-1-16 (g)]). The GHG emission reduction targets and climate change mitigation actions implemented are presented below in a table.
Publicis Groupe has seen its objectives validated by SBTi, aligned with their new 2021 method:
This projection includes another voluntary objective, which is the switch to 100% direct-source renewable energy throughout the Groupe by 2030 (see Section 4.4.4).
We have a single watchword: reducing all impacts. The reduction trajectory will not be linear, because the Groupe benefits from economic growth that automatically generates an increase in certain impacts, such as direct and indirect energy consumption, in the age of artificial intelligence and growth in purchases.
These targets (on gross greenhouse gas emissions) anticipate the fact that disruptive technological and operational innovations still unknown on the market will be implemented in the coming years. In 2025, Publicis did not deploy significant resources or identify any future investments (CapEx) that would be essential for the transition plan. [E1-1-16 (e)] In addition, the Groupe has not identified any significant locked-in emissions likely to jeopardize the transition plan. [E1-1-16 (d)]
Changes to the transition plan are monitored annually by the Audit and Financial Risks Committee and the Strategic, Environmental and Social Committee. The projections of the carbon emissions trajectory as well as the measures of the plan implemented are examined. [E1-1-16 (i)]
In view of Scope 3 GHG emissions which increased in 2025, largely due to the Groupe’s economic growth, Publicis will submit new objectives to SBTi in 2026, in order to design a new Climate trajectory taking into account the new size of the Company.
