Yanfeng has set company targets to reduce greenhouse gas emissions / Science Based Targets initiative validates Yanfeng emissions reduction targets
Thursday 14 December, 2023
Yanfeng’s short-term targets for the reduction of greenhouse gas
emissions for its global interiors business have now been confirmed by
the Science Based Targets initiative. With this, the company commits to
make a scientifically based contribution to the reduction of greenhouse
gases by 2030 in line with the Paris Climate Agreement.
“For the reduction of emissions, we have deliberately adopted
scientific-based targets, which are verified by the internationally
recognized Science Based
Targets initiative (SBTi),” explained Büchter, Vice President Global
Sustainability at Yanfeng. “The automotive industry remains a major
driver of CO2 emissions. As part of an industry which has a considerable
impact on global warming, we need to act now in order to meet the
targets of the Paris Agreement established in2015. 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.”
By 2030, Yanfeng commits to reduce absolute greenhouse gas emissions
from its own production, its fleet of vehicles (scope 1) and from
purchased energy (scope 2) by 50% in comparison with the baseline year
2019. With this, both segments will make a contribution to the
limitation of global warming to 1.5°C and are therefore in line with the
targets of the Paris Agreement.
Yanfeng has multiple examples of success. To reduce its emissions, the
company utilizes power from renewable sources, including photovoltaic
systems, for 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. These
targets are applicable for all company locations in Europe, South
Africa, the United States, Canada, Mexico and Asia.
“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,” emphasized Gunnar Büchter.
The Science Based Targets initiative was founded in 2015 by the CDP
(formerly the Carbon Disclosure Project), the United Nations Global
Compact (UNGC), World Resources Institute (WRI) and the World Wide Fund
for Nature (WWF). It provides companies with a clearly defined framework
for reducing emissions according to the latest climate science and the
targets of the Paris Climate Protection Agreement, in order to make a
contribution to limiting global warming.
About Yanfeng
Yanfeng is a leading global automotive supplier, which focuses on
interiors, exteriors, seating, cockpit electronics and passive safety.
Yanfeng has more than 240 locations and approximately 57,000 employees
worldwide. The technical team of 4,200 experts is located at 12 R&D
centers and other regional offices, with full capabilities including
engineering & software development, design and user experience, and test
validation. Focusing on smart cabin and lightweight technology, Yanfeng
helps automakers to explore future mobility concepts and provide leading
cabin solutions. For more information, please visit www.yanfeng.com.For further information please contact:
Yanfeng InternationalJagenbergstraße 141468 NeussGermanyAstrid SchafmeisterTel.: +49 2131 609-3028E-Mail: astrid.schafmeister@yanfeng.com
Distributed by https://pressat.co.uk/