BorgWarner says it has reduced Scope 1 and 2 greenhouse gas (GHG) emissions by 32% from the 2021 baseline, making progress on its Science Based Targets initiative (SBTi)-validated goal to reduce absolute Scope 1 and 2 greenhouse gas (GHG) emissions 85% by 2030. It also says it is making progress toward the goal of carbon neutral operations in 2035,
BorgWarner has now published its 2024 Sustainability Report, “Driving Progress.” The report shares the company’s progress toward meeting its sustainability goals.
“BorgWarner’s longstanding vision is a clean, energy efficient world, and I am proud to lead a company where our business goals go hand-in-hand with our sustainability goals,” said Frédéric Lissalde, President and CEO, BorgWarner. “I applaud our entire team for their dedication and excellence in innovating products for cleaner mobility, making leaps toward achieving our climate and other sustainability goals, and investing in our people.”
The company says it is now earning 87% of revenue from EV and emissions-reducing hybrid and combustion products, positioning the company as a leader in clean mobility.
It is also engaging supply chain management and engineering teams to advance the company’s goal of reducing Scope 3 emissions 25% by 2030 compared to a 2021 baseline.
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Your download email will arrive shortly
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
Operational highlights include installing or expanding solar power installations at nine facilities to help drive a 48% annual increase in renewable energy usage since 2022.
BorgWarner also says it is achieving a 92.7% waste diversion rate at tracked sites, surpassing its 85% goal.
The report also says BorgWarner is achieving an 81.6% completion rate with relevant suppliers for its sustainability assessment questionnaire, surpassing its goal.
See also: Explainer: the path to net zero emissions in Automotive
