The Science Based Targets initiative has officially approved Yanfeng’s goals for reducing greenhouse gas emissions. This validation confirms the company’s commitment to making a significant contribution to the reduction of greenhouse gases by 2030, in accordance with the Paris Climate Agreement.
Yanfeng’s global interiors business has set short-term targets for reducing greenhouse gas emissions, and these targets have now been endorsed by the Science Based Targets initiative, further demonstrating the company’s dedication to environmental sustainability.
“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 in 2015. 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.”
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Yanfeng has committed to reducing absolute greenhouse gas emissions from its own production, fleet of vehicles (scope 1), and purchased energy (scope 2) by 50% compared to the 2019 baseline year by 2030. This commitment aligns with the targets of the Paris Agreement and will contribute to limiting global warming to 1.5°C.
Yanfeng has achieved success in multiple ways, such as using power from renewable sources like photovoltaic systems to reduce emissions at all of its European and South African plants.
In addition, the company has pledged to reduce scope 3 emissions by 27.5% by 2030, which includes emissions from both upstream and downstream supply chains. This encompasses purchased raw materials and services, business travel, employee commuting, production and product disposal, as well as logistics. These targets apply to 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.
In 2015, 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) came together to establish the Science Based Targets initiative. This initiative offers companies a well-defined approach to reducing emissions based on the latest climate science and the goals of the Paris Climate Protection Agreement, with the aim of helping to limit global warming.
Yanfeng is a global automotive supplier specializing in interiors, exteriors, seating, cockpit electronics, and passive safety. With over 240 locations and 57,000 employees worldwide, Yanfeng has a technical team of 4,200 experts located at 12 R&D centers and regional offices. Their capabilities include engineering & software development, design and user experience, and test validation. Yanfeng focuses on Smart Cabin and lightweight technology to help automakers explore future mobility concepts and provide leading cabin solutions. For more information, visit www.yanfeng.com.
CONTACT INFORMATION:
Yanfeng International
Jagenbergstraße 1
41468 Neuss
Germany
Contact: Astrid Schafmeister
Tel.: +49 2131 609-3028
Email: astrid.schafmeister@yanfeng.com
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