4 May, 2021 SHARE To support their commitment to reach net zero carbon emissions by 2050, Saint-Gobain has established two new carbon funds that will support initiatives and activities that reduce emissions. The funds aim to accelerate the reduction of non-industrial CO 2 emissions through everyday actions of employees and targeted investments on sites. The investments will mainly cover areas related to sustainable employee mobility, renewable energy, and improving wellbeing and energy efficiency at Saint-Gobain sites. The fund is based on the Group's internal carbon price for investment decisions, which was recently raised to €50/ton of CO 2 equivalent. Reductions in CO 2 emissions will be converted into money to finance projects which themselves aim to reduce the Group's carbon footprint, thus creating a virtuous circle.