Yanfeng, a leading global automotive supplier, has announced its commitment to reducing greenhouse gas emissions by 50% by 2030 in line with the Paris Climate Agreement. The targets have been verified by the Science Based Targets initiative (SBTi).
Gunnar Büchter, Vice President Global Sustainability at Yanfeng, said: “The automotive industry remains a major driver of CO2 emissions and, as part of an industry with a considerable impact on global warming, we need to act now in order to meet the targets of the Paris Agreement. By setting science-based targets as a binding framework, we have made a concrete, public, and verifiable promise to the environment, society, and our customers.”
The reduction of emissions from Yanfeng’s own production and fleet of vehicles (scope 1) and purchased energy (scope 2) will be achieved by utilizing power from renewable sources, including photovoltaic systems, at all of its plants in Europe and South Africa. The company has also committed to a 27.5% reduction of scope 3 emissions by 2030 from upstream and downstream supply chains, including purchased raw materials and services, business travel, employee commuting, production and the disposal of products, as well as logistics.
Mr Büchter added: “Because we have determined the carbon footprint of our company, we know where we need to take action to reduce our emissions. Together with our commitment to scientifically validated targets we are creating the framework for our environmental sustainability strategy. However, we can only achieve these targets in collaboration with all of our partners in our value chain.”
The Science Based Targets initiative was founded in 2015 by the Carbon Disclosure Project, the United Nations Global Compact, World Resources Institute and the World Wide Fund for Nature in order to provide companies with a framework for reducing emissions according to the latest climate science and the targets of the Paris Climate Protection Agreement.
Astrid Schafmeister, Yanfeng’s spokesperson, said: “We are proud to be making a significant contribution to the limitation of global warming and the Paris Agreement targets. Our commitment to scientifically validated targets is a demonstration of our commitment to environmental sustainability.”
Yanfeng is a leading global automotive supplier, focused on interiors, exteriors, seating, cockpit electronics and passive safety. With over 240 locations and 57,000 employees worldwide, Yanfeng helps automakers to explore future mobility concepts and provide leading cabin solutions.
Yanfeng has committed to reducing absolute greenhouse gas emissions from its own production, fleet of vehicles and purchased energy by 50% by 2030 in line with the Paris Climate Agreement. The Science Based Targets initiative has verified the targets, which includes a 27.5% reduction of scope 3 emissions from upstream and downstream supply chains. Gunnar Büchter, Vice President Global Sustainability at Yanfeng, commented: “We have made a concrete, public, and verifiable promise to the environment, society, and our customers.”
Astrid Schafmeister, Yanfeng’s spokesperson, added: “We are proud to be making a significant contribution to the limitation of global warming and the Paris Agreement targets. Our commitment to scientifically validated targets is a demonstration of our commitment to environmental sustainability.”
Yanfeng is a leading global automotive supplier focused on interiors, exteriors, seating, cockpit electronics and passive safety, with over 240 locations and 57,000 employees worldwide. The company is committed to reducing absolute greenhouse gas emissions from its own production, fleet of vehicles and purchased energy by 50% by 2030.
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