Vitesco Technologies sets an ambitious climate goal

Vitesco Technologies, a leading
international provider of innovative drive technologies and solutions for
electric mobility, has set itself an ambitious climate protection target: By
2040 at the latest, the company, headquartered in Regensburg with
around 50 locations worldwide, wants to achieve carbon neutrality along
its entire value chain. Vitesco Technologies is thus going well beyond its
direct environmental impact (scopes 1 and 2), which the company seeks
to make completely climate-neutral by 2030. This objective is to apply to
all business processes along the entire value chain (scope 3) by 2040 at
the latest – specifically, all supplier products and subsequent use of
Vitesco Technologies components and systems in vehicles.
“With our broad product portfolio of solutions for electric mobility, we
see ourselves as a key driver of the technological transformation to
clean, climate-friendly mobility,” explains Andreas Wolf, CEO of Vitesco
Technologies: “Therefore sustainability is key to our corporate strategy.
Moving forward, we’re taking a rigorous approach in this regard, with a
clear goal in mind.”
With its stock exchange listing last September, Vitesco Technologies
has presented an ambitious sustainability agenda that encompasses
five focal topics: In addition to clean mobility, resource efficiency and
circularity, fair working conditions and diversity, and responsible
purchasing and partnerships, the topic of climate protection is also
included.
“We’re already on the right track in this regard,” explains Ingo Holstein,
CHRO responsible for sustainability at Executive Board level. “By 2030,
we will be shaping our own corporate activities worldwide in a CO2 neutral way.”
Vitesco Technologies already sources 100 percent of its purchased electricity worldwide from renewable energy sources.

As a result, the company has already reduced emissions from its own
processes by 89 percent compared to the base year 2019. “For the
remaining energy still procured from fossil-fuel resources, we will create
ecologically viable alternatives in the near future, such as heat from
biogas, and systematic electrification.”
Besides covering its electricity needs exclusively from renewable energy
sources, Vitesco Technologies is also working on reducing its overall
energy consumption. “We want to save a total of 80 GWh of energy by
2030 with the help of energy efficiency programs at our locations,”
explains Dr. Hans-Jürgen Braun, head of Operations at Vitesco
Technologies.
In order to achieve complete climate neutrality, Vitesco Technologies
has covered not only product added value, but also activities that
are not product-related, such as business travel, investment, and
leasing. Added to this are the CO
2
emissions from the upstream
supply chain and subsequent use of its products in the vehicle.
These two phases each make up more than 40 percent of the
company’s total emissions. The company is therefore working
closely with its suppliers, business partners and customers, who
support transparency in reducing their environmental impact.
Vitesco Technologies benefits greatly from its expertise in life cycle
engineering to improve the life cycle assessment of individual
products, which is expected to be rolled out shortly to all processes
within the company.