Our strategic plan BEYOND

Anticipate change and stay ahead of major shifts

From fast-evolving electronics markets driven by AI to healthcare challenges, industrial reshoring, the energy transition and advanced manufacturing, we track the signals reshaping our world and connect insights across markets to understand where change is heading. With deep roots in local economies and a presence across many industries, we have a front-row view of how the needs of our customers and patients are evolving worldwide.

Example

• In the semiconductor sector, our proximity to customers allows us to meet fast-growing demand and support reshoring efforts by delivering high-performance, low-carbon solutions exactly where they are needed.

Listen, learn and act to adapt our solutions

Beyond global trends, we deepen our understanding through direct, everyday dialogue with our stakeholders. By listening to customers, patients, employees, shareholders, and suppliers, as well as local communities and academic institutions, we can better understand changing expectations, strengthen relationships, and adapt our solutions accordingly.

Examples

• Through partnerships with patient associations living with diabetes, respiratory diseases and other chronic conditions, we bring patients’ perspectives into the development of home healthcare solutions, helping to deliver more personalized care.
• Creating a workplace where every employee can thrive starts with listening. At Air Liquide, we use regular dialogue, pulse surveys and engagement with employee representatives to continuously improve the employee experience through practical steps.

Care and share progress to earn trust over time

Responsibility starts with our people and extends to the world around us through targeted, concrete action. 

Examples

• We aim to amplify the impact of the Citizen at Work program, with at least 10,000 employees taking part each year from 2030.
• We are committed to increasing the resources of the Air Liquide Foundation to help protect respiratory health for all and expand access to scientific and industrial careers.

How we measure progress*

• Safety: zero accident ambition
• Customer Net Promoter Score (NPS)
• Employee Engagement Score
• Extended Employee Care Platform deployment: 100% by 2030
• Carbon Neutrality by 2050
• Share of capital held by individual shareholders (incl. employees)
• Shareholder return
• Citizen at Work, our volunteering program: 10,000 active employees, each year from 2030
• Air Liquide Foundation annual budget: €5M by 2030

Unlock our potential to become faster, simpler, more effective and more resilient

To achieve long-term performance, we continuously transform ourselves by keeping our customers at the center of our decisions and fostering a results-driven culture.

Examples

• We simplify our organization, clarify roles and streamline our processes so we can act faster and focus on what matters most: safety, customer satisfaction and shared value creation.
• We have updated our BeActEngage HR framework which now includes four key behaviors to drive a stronger culture of performance, across the Group.

Combine global strength with local agility to better serve our customers

By bringing together our global reach and strong local presence, we combine the benefits of scale with the speed and agility of local teams. Our global organization provides strength and shared best practices, while teams on the ground ensure safe, reliable operations and deliver tailored solutions directly to customers and patients.

Examples

• We leverage the new Group Industrial Direction to drive industrial performance, rolling out best practices to continuously strengthen safety, efficiency, and reliability.
• We rely on global functions ー Procurement, GBS (Global Business Services), and Digital & IT ー to increase efficiency through shared expertise.

Develop high-performing teams so they can drive our performance

To prepare for future workforce needs, we empower our people to grow, learn and thrive.

Examples

• We are building a Skill-Based Organization to support internal mobility, foster continuous learning and better match employees’ skills with high-impact business needs.
• We revamped our Technical Community Leaders (TCL) program to strengthen our experts’ scientific and technical expertise and better align it with business, customer and patient needs.

How we measure progress*

• Operating margin improvement: +400 to +600 basis points over the period⁴ 
• Direct water withdrawals: -10% in 2030 vs 2025⁵
• Climate adaptation: 100% of plans approved or deployed by 2030⁶

Make the most of today’s opportunities by building on our strengths

We get more from our existing assets and invest selectively where we see the strongest potential for growth.

Examples

• Leverage our existing operations to deliver the highest standards of service and meet customers’ evolving needs.
• Grow through bolt-on and larger strategic acquisitions to strengthen our footprint in key markets.

Drive innovation to address tomorrow’s challenges

Since 1902, innovation has been part of how we work at Air Liquide. It is driven by the creativity of our teams, a pioneering spirit and a shared ambition to make a difference where it matters most. We continuously advance our technologies and services to deliver the best solutions for our customers, improve efficiency, make a positive impact and keep pushing the boundaries of what is possible.

Examples

• We are expanding low-carbon solutions and deploying hydrogen technologies to significantly reduce CO₂ emissions in heavy industrial processes such as cement production.
• In Electronics, we are developing advanced materials such as molybdenum to enable the next generation of smaller, more powerful memory and logic chips for AI applications.

We adapt our growth strategy to each market

• In Europe, we are accelerating the energy transition, supporting European industrial sovereignty and reshoring, and strengthening synergies between Healthcare and Industrial Merchant.
• In the Americas, we are expanding in Electronics, data centers, infrastructure and Space, capturing growth in the most dynamic industries and in sectors benefiting from reshoring.
• In Asia, we are reinforcing our leadership in semiconductors, supporting industrialization and the energy transition, and pursuing targeted acquisitions to strengthen our long-term position.

How we measure progress*

• Sales growth: +5% (+/-1%) CAGR over the period 2026-2030⁷
• Industrial investment decisions for approximately €24 billion over 2026-2030⁸
• Capital Allocation
• Portfolio management 
• Patented innovations
• Growth in Key Markets and Geographies