As global leaders gather for COP29, Technicolor Group is making bold strides in sustainability, diversity, and community empowerment. In a recent LinkedIn Live event, Stéphanie Fougou, Technicolor’s General Counsel and CSR leader, provided insights into the Group’s extensive initiatives aimed at creating positive impacts on our planet and its people. With ambitious goals on the horizon, here’s how Technicolor is shaping a more sustainable and inclusive future. Watch the full event replay for the complete story.
Sustainability in Focus: Technicolor’s Climate Vision
Technicolor has set a target to reduce its sites’ carbon emissions by 95% by 2030. With over 87% of our electricity sourced from low-carbon sources and 80% from fully renewable sources, we’re making substantial progress. In 2023 alone, we reduced direct carbon emissions by more than 60% compared to 2022. Our efforts aren’t just about reaching targets; they’re about setting a leadership example within the industry. With a carbon footprint that has steadily declined to 5 tons of site emissions per million euros of revenue in 2023, Technicolor is well on track to achieve its 2030 goals, proving that sustainability and growth can coexist. Additionally, we aim to reduce the carbon emissions linked to our purchases of services and equipment by 40%. A particular focus has been placed on emissions from data centers, which currently account for only 6% of our third-party carbon emissions.
Our ultimate goal is to reach carbon neutrality by 2050, or sooner if possible. Achieving this will require a collective effort and likely involve carbon capture solutions to address any remaining emissions.
Building Skills for Tomorrow’s Creative Leaders
For us, sustainability is not only environmental; it’s about sustaining talent. In 2023, Technicolor delivered nearly 400,000 hours of training to over 2,700 employees in creative roles across VFX, animation, and more. By investing in talent development, we are strengthening our teams, enriching the creative industry, and supporting local economies. This focus on skill development ensures our workforce is prepared for the future, making Technicolor a resilient and forward-looking company.
Fostering Diversity for a Stronger Workforce
Diversity lies at the core of Technicolor’s ethos, driving creativity and innovation across our global teams. Currently, 21.7% of our workforce is comprised of women, and we are committed to increasing this to 30% by 2030. By fostering a dynamic and inclusive culture, we leverage diverse perspectives to tackle complex challenges. Diversity isn’t just a goal; it’s our strength in a world where adaptability is essential.
Technicolor’s Impactful CSR Initiatives in India
LIFE Song Project: Storytelling for Change
In collaboration with Grammy-winner Ricky Kej and UNICEF India, The Mill—a Technicolor Group company—produced the animated music video “LIFE Song.” Launched at UNESCO, this project features three animated Agents of Change, each symbolizing a crucial environmental issue: #SaveTreesChanu, #ConserveOceansPriya, and #RenewableEnergyArjun. Through this powerful storytelling, the message of sustainability is amplified on a global stage.
Learning Links Foundation: Empowering Students with STEAM
Technicolor’s partnership with the Learning Links Foundation brings STEAM education to over 4,400 underprivileged students and teachers in Bengaluru. By fostering a spirit of discovery and problem-solving, this initiative helps students make real-world connections through human-centered design and scientific exploration.
Meghshala Trust: Enhancing Teaching in Bengaluru
Through collaboration with Meghshala Trust, Technicolor provides digital resources aligned with school curriculums across 25 schools, impacting nearly 3,000 students. This initiative enhances digital literacy while nurturing critical thinking and inclusivity in education.
ABAI: Skills in Animation, VFX, and Gaming for Marginalized Youth
In partnership with ABAI, Technicolor is helping 350 marginalized youth gain skills in animation, VFX, and gaming. Through mentorship, workshops, and webinars, we’re opening doors for young people to explore rewarding careers in the creative sector.
Akshaya Patra Foundation: Nutrition for Better Learning
Our support for the Akshaya Patra Foundation’s mid-day meal program benefits 733 students in Bengaluru and Hubli, addressing hunger and enhancing focus and attendance. This initiative not only provides nourishment but also supports social-emotional well-being, essential for academic success.
Jeevan Dhara: Art Education for Slum Communities in Mumbai
Partnering with Jeevan Dhara, Technicolor supports art classes and therapy for youth in Mumbai’s slum communities. This program taps into the therapeutic and developmental potential of art, fostering cognitive, social, and life skills in children from underserved communities.
CBM India Trust: Inclusive Education in Rural Karnataka
In Doddaballapura, Technicolor’s partnership with CBM India Trust is creating inclusive learning spaces for children with disabilities. Through bridge centers, we help integrate 50 children into mainstream education, laying the groundwork for a more inclusive school environment in rural Karnataka.
CMCA: Life Skills and Civic Education in Mumbai
In partnership with CMCA, Technicolor supports civic education and life skills for 660 students across four schools in Mumbai. By equipping students with social-emotional skills and civic knowledge, this initiative strengthens both individuals and their communities.
Looking Ahead: Technicolor’s Vision for a Bold 2030 and Beyond
As we look to the future, Technicolor’s commitment shines brighter than ever. By 2030, we’re not only aiming to cut our sites’ carbon emissions by 95%; we’re also setting a new standard for environmental leadership through renewable energy and a fully CSR-assessed supplier network. But our ambitions extend even further—we’re building a workplace where diversity thrives, where every voice contributes to groundbreaking innovation, and where talent is nurtured to redefine creativity on a global scale. Across India, from supporting underprivileged students in Bengaluru to championing inclusive education in rural Karnataka, our initiatives are transforming lives and reinforcing our commitment to local communities.
This journey is more than a mission; it’s a movement, and we’re just getting started.
