Accelleron Industries
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:63,390 tCO2e/year
Scope 1 Emissions:2,370 tCO2e/year
Scope 2 Emissions:3,220 tCO2e/year
Scope 3 Emissions:57,700 tCO2e/year
Renewable Energy Share:73%
Total Energy Consumption:126,189.6 GJ/year
Water Consumption:183,109 m3/year
Waste Generated:4,188.2 tons/year
Carbon Intensity:Not disclosed
ESG Focus Areas
- Climate Change
- Responsible Innovation
- Responsible Supply Chain
- Health and Safety
- Employee Development
- Inclusion and Diversity
- Community Engagement
Environmental Achievements
- Reduced scope 1 and 2 CO2 emissions by ca. 8% compared to 2022.
- 73% of electricity came from renewable sources (vs. 70% in 2022).
- 80% of non-hazardous waste recycled (vs. 75% in 2022).
- Water withdrawal decreased by approx. 52% due to reduced water-intensive tests.
Social Achievements
- Completed 22 community projects.
- Revised Sustainability Observation Tours approach and introduced Learning & Engagement Talks (LET), exceeding targets with an average of 4.2 LET conducted.
Governance Achievements
- Created a Sustainability Committee supported by a Sustainability Manager.
- Over 95% of employees completed Code of Conduct e-learning.
- Launched a mandatory global anti-corruption e-learning program (February 2024).
Climate Goals & Targets
Long-term Goals:
- Reduce scope 3 emissions in line with the Paris Agreement.
- Zero waste to landfill and 90% waste recycling rate for non-hazardous waste by 2030.
Medium-term Goals:
- Reduce scope 1 and 2 emissions by 70% compared to 2022 levels by 2030.
- Portfolio ready for alternative fuel by 2030.
- 100% of direct material suppliers in high-risk countries audited by end 2028.
Short-term Goals:
- Reduce LTIFR to 0.2 by end of 2025.
- Achieve 25% women in senior management by end of 2025.
- Complete global ISO certification for nearly all service stations by end of 2025.
Environmental Challenges
- Supply chain disruptions due to geopolitical factors (e.g., Russian war in Ukraine).
- Lack of recycling infrastructure in some regions (e.g., USA, Middle East, Africa).
- Maintaining significant reduction in safety incidents.
- Data limitations in supply chain for accurate carbon footprint calculation.
Mitigation Strategies
- Increased marine transportation of goods.
- Using iron-casting suppliers with a lower carbon footprint.
- Developing local safety culture plans to improve safety performance.
- Conducting sustainability surveys with suppliers to understand their footprint and decarbonization potential.
Supply Chain Management
Supplier Audits: 34 process audits in 2023, one sustainability audit
Responsible Procurement
- Supplier Code of Conduct (SCoC) aligned with UNGC
- Supplier registration and qualification policy with risk assessment
Climate-Related Risks & Opportunities
Physical Risks
- Water scarcity
Transition Risks
- Regulatory changes (e.g., EU ETS, FuelEU Maritime)
- Market shifts towards alternative fuels
Opportunities
- Development of energy-efficient products and services for alternative fuels.
- Increased demand for balancing power due to renewable energy intermittency.
Reporting Standards
Frameworks Used: GRI (as a guide), GHG Protocol, SBTi (committed in 2023)
Certifications: ISO 9001:2015, ISO 45001, ISO 14001, ISO 50001
Third-party Assurance: Partial third-party verification for CO2 calculation (scopes 1 and 2, partially scope 3)
UN Sustainable Development Goals
- SDG 3
- SDG 4
- SDG 5
- SDG 7
- SDG 9
- SDG 12
- SDG 13
Targets contribute to these SDGs through various initiatives related to health and safety, employee development, gender equality, energy efficiency, responsible innovation, responsible consumption and production, and climate action.
Sustainable Products & Innovation
- Next generation low-speed turbochargers (X300-L series)
- A200-H technology for high-speed engines
Awards & Recognition
- Not disclosed