Hanon Systems Receives SBTi Approval for Carbon Goals
Hanon Systems has set ambitious targets to help combat climate change, focusing on significant reductions in greenhouse gas emissions. The approval from the Science Based Targets initiative (SBTi) marks a critical step towards their sustainability goals.
Targeted Emissions Reductions by 2030
By 2030, Hanon Systems is committed to achieving a substantial reduction in its carbon footprint. The company aims to lower absolute Scope 1 and Scope 2 emissions by 50%, reflecting a proactive approach to minimizing its environmental impact. Additionally, they plan a 55% reduction in relative Scope 3 emissions linked to purchased goods and services.
Long-term Vision for Carbon Neutrality
The company has embraced a long-term vision that extends beyond 2030. By 2040, the expectation is to achieve carbon neutrality across its operations, aspiring to cut down overall Scope 1, 2, and 3 emissions by 90%. Furthermore, Hanon Systems is dedicated to reaching net-zero emissions across its entire value chain by 2050.
Pioneering Commitment to Environmental Responsibility
Nurdal Kücükkaya, the president and co-CEO of Hanon Systems, expressed pride in the company’s commitment to the Paris Agreement. He stated, "This milestone underscores our dedication to our science-based emissions targets, which are now officially recognized." This validation from SBTi aligns Hanon Systems with the goal of limiting global temperature rise to within 1.5°C.
Strategies for Sustainable Practices
In pursuit of these targets, Hanon Systems is implementing detailed action plans aimed at significantly reducing its carbon footprint. Strategies include increasing energy efficiency, turning to self-generation systems for renewable electricity, and establishing power purchase agreements with renewable energy suppliers. Engagement with customers, promoting low-carbon product variants, and educating its workforce on sustainability are also part of their comprehensive approach.
Enhanced Collaboration Across Teams
Since the establishment of the Carbon Neutral Office in 2021, Hanon Systems has enhanced its efforts to combat climate change through collaborative action among various teams. This cooperative framework has accelerated the company's drive to implement sustainability initiatives effectively.
About Hanon Systems
Hanon Systems serves as a full-line supplier of automotive thermal and energy management solutions for both electrified and traditional vehicles. The company's extensive portfolio encompasses various products, such as heating, ventilation, air conditioning (HVAC) systems, powertrain cooling, and fluid transport solutions. Operating over 50 manufacturing sites across 21 countries, Hanon Systems employs more than 20,000 dedicated employees committed to innovation and excellence in thermal management.
Frequently Asked Questions
What are Hanon Systems' 2030 emissions reduction targets?
Hanon Systems aims to reduce absolute Scope 1 and 2 emissions by 50% and relative Scope 3 emissions by 55% by 2030.
What is the company's long-term carbon neutrality goal?
Hanon Systems is committed to achieving carbon neutrality by 2040 and net-zero emissions by 2050.
How does Hanon Systems plan to achieve these goals?
The company has laid out detailed action plans focusing on energy efficiency and the use of renewable energy sources.
Who is leading Hanon Systems' sustainability efforts?
The Carbon Neutral Office, established in 2021, oversees initiatives aimed at reducing the company's carbon footprint through cross-functional collaboration.
What is the significance of the SBTi approval?
The SBTi approval validates Hanon Systems’ science-based emissions reduction targets, aligning them with the Paris Agreement's climate goals.
