Autoliv has unveiled plans to become carbon neutral in its own operations by 2030 and is aiming for net-zero emissions across its supply chain by 2040.
The supplier is also committing to the Science Based Targets initiative.
“Autoliv’s vision of Saving More Lives, drives all our work,” said Autoliv CEO, Mikael Bratt. “Sustainability is firmly rooted in our business strategy and as a market leader in our field, our efforts are aligned with broader society’s agenda.
“To lead the way and being an active contributor to sustainable mobility and society is a business priority for us. It strengthens our market leadership and competitive edge.”
Autoliv is to become carbon neutral in its own operations by 2030, and furthermore, aims for net-zero emissions across its supply chain by 2040.
The Swedish components manufacturer notes it is already supporting the move through research and development of products, specifically for electric vehicles.
In line with the Paris Agreement on climate, Autoliv’s climate strategy includes committing to the Science Based Targets initiative and the Business Ambition for 1.5°C. It has initiated the process to secure targets and ambition levels validated and approved.
“The work to define a concrete abatement strategy is ongoing,” noted an Autoliv statement.
“The scope will cover all main levers for decarbonisation, such as renewable electricity in our own and supplier operations, low carbon logistics, energy and materials efficiency and low carbon materials.”