WINTERTHUR - The Science Based Targets initiative (SBTi) has approved Autoneum’s science-based emissions reduction targets, a key step for the company as it looks to a focus on sustainability in the mobility sector.
The validation by the SBTi is seen as an important milestone in the automotive component specialist's efforts to reduce its direct and indirect greenhouse gas (GHG) emissions along the entire value chain.
Recognizing the serious environmental challenges facing the world today and the resulting need for rapid and significant reductions in global CO2 emissions, Autoneum has committed to reducing its absolute scope 1 and 2 GHG emissions by 20% by 2027 from a 2019 base year. It has also committed to reduce its absolute scope 3 GHG emissions from purchased goods and services by 20% within the same timeframe.
Autoneum’s GHG emission reduction targets were validated by the SBTi on
January 12, 2023, and are in line with the goals of the Paris Agreement to limit global warming to well below 2 °C. “As the global market and innovation leader in acoustic and thermal management solutions for vehicles, Autoneum recognizes its corporate responsibility in mitigating the effects of climate change and preserving natural resources,” said Matthias Holzammer, CEO Autoneum. “We are placing particular emphasis on the innovation of resource-efficient technologies that contribute to making vehicles quieter and lighter, thus reducing fuel and energy consumption as well as emissions output. The validation of our ambitious emission reduction targets by the SBTi is a further important milestone on our journey to continuously optimize the sustainability of our products and processes on a global scale.”
An overview of all emissions reduction targets and activities implemented by Autoneum in 2022 will be published in the company’s Corporate Responsibility Report 2022 on March 24, 2023.
