Climate Change Data

BORG Automotive Group

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:7,012 tCO2e/year
Scope 1 Emissions:1,141 tCO2e/year
Scope 2 Emissions:5,871 tCO2e/year
Renewable Energy Share:1%
Total Energy Consumption:13,623 MWh/year
Water Consumption:21,559 m3/year
Carbon Intensity:2.25 kg CO2e per remanufactured unit

ESG Focus Areas

  • Climate Change
  • Resource Efficiency
  • Occupational Health and Safety
  • Employee Satisfaction
  • Circular Economy
  • Governance

Environmental Achievements

  • Reduced CO2 emissions per remanufactured unit by nearly 10%
  • Published results from comparative life cycle assessments (LCA) showing a 60% reduction in CO2e emissions and 70% reduction in resource consumption for remanufactured products compared to new products.
  • Installed solar panels at the Lublin factory in Poland.

Social Achievements

  • Reduced work-related accidents by 7%
  • Implemented measures to improve employee safety at factories.
  • Preparing Polish production unit for ISO 45001 certification.

Governance Achievements

  • Created a single Employee Code of Conduct.
  • Established a Sustainability Committee.
  • Completed e-learning programs on IT security, GDPR, anti-corruption, and business ethics for all relevant employees.

Climate Goals & Targets

Medium-term Goals:
  • Reduce GHG emissions from in-house production by 30% by 2030
  • Increase employee satisfaction by 5% over the next five years.
Short-term Goals:
  • Reduce LTIFR by 30% by 2025

Environmental Challenges

  • Increased GHG emissions (19% rise from 2020 baseline) due to increased activity, especially in Poland.
  • Employee satisfaction score dropped by 3.4% despite efforts.
Mitigation Strategies
  • Measuring emissions intensity per remanufactured unit to adjust for increased activity.
  • Investing in power purchase agreements to reduce footprint (in collaboration with Schouw & Co.).
  • Focusing management efforts on improving employee satisfaction in specific departments.

Supply Chain Management

Supplier Audits: 87% of suppliers formally confirmed compliance with code of conduct

Responsible Procurement
  • Code of conduct for suppliers

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Nasdaq’s ESG Reporting Guide 2.0

Certifications: ISO 45001 (UK unit)