Sustainability at Accelleron

When we talk about sustainability at Accelleron, we describe how we integrate environmental and social issues into our business model and contribute to realizing  the goals of the Paris Climate Agreement. Our definition of sustainability embraces the interconnectivity of environmental, social and economic impacts. In Accelleron’s sustainability strategy, these three topics are represented by three pillars: People, Products & Services and Planet. We call this our 3P approach.

Paris Climate Agreement as Framework

The Paris Climate Agreement was adopted at COP 21 in December 2015 with the central goal of holding “the increase in the global average temperature to well below 2°C above pre-industrial levels” and pursuing efforts “to limit the temperature increase to 1.5°C.” For Accelleron, the implications are clear: Like other entities, businesses must take forceful measures to reduce the negative effects on the environment, on society and on the business. The reports of the IPCC have continued to emphasize the urgent need to reduce humanity’s GHG emissions. At Accelleron, we acknowledge the Paris Climate Agreement as a clear call to action. That is why we have made it a focal point of our sustainability strategy.  

ESG Ratings

As of 2024, Accelleron received an MSCI ESG rating of A.

More about MSCI rating

Commitment

Accelleron is a participant of the UN Global Compact.

Accelleron is committed to the Science Based Target Initiative (SBTi).

Companies taking action - Science Based Targets

Accelleron’s Sustainability Targets

Topic

Target

Health and safety

Reach LTIFR 0.2 by end of 2025.
(Lost Time Injury Frequency Rate)
Employee developmentBy 2026, every employee to have at least two working days as training.
Inclusion and diversityWomen to make up 25% of senior management by end of 2025.
Local communityHave at least one project that gives back to the community per year per local unit, starting 2027.

Topic

Target
Responsible innovationPortfolio ready for alternative fuel by 2030, scalable and ready to sell in production.
Responsible supply chain100% of direct material suppliers in high-risk countries audited according to sustainability criteria by end 2028;
80% of direct material suppliers to have business continuity plans including climate risk by 2030.
Circular economyIn 2024, provide a concept of how circularity could contribute to Accelleron’s sustainability targets, further support customers while still providing a business case in line with our growth strategy.

Topic

Target
Environmental impact of our operations and our productsReduce our CO2 emissions by 70% (scope 1 and 2) compared to 2022 levels by 2030. Ambition to reduce our scope 3 in line with the Paris Agreement, with targets to be set in 2024.
Environmental impact of our operations and our productsAssess our energy consumption and set energy-related targets in 2024.
Environmental impact of our operations and our productsZero waste to landfill and 90% waste recycling rate for non-hazardous waste by 2030.1
Environmental impact of our operations and our productsAssess our water footprint and set water intensity reduction target in 2024.

1. Except US, Middle East and Africa.

Turbocharging was invented more than a century ago with the sole purpose of improving efficiency, and thus reducing environmental impact with less fuel, less emission. This is the DNA of our business. Moving further, we are committed to delivering solutions that help accelerate industry transformation towards a decarbonized world.

Daniel Bischofberger, CEO of Accelleron

Annual Report 2023
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Sustainability at the core

People at Accelleron work together to strengthen social and environmental impacts. Sustainability principles play an integral part in the company’s business.

Sustainability Report 2023
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Long-term perspective

To be truly sustainable you need a long-term perspective, and at Accelleron we put that at the center of our company purpose – accelerating sustainability in the marine and energy sectors.

Financial reports
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Governance
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Building a strong governance framework

Accelleron has a robust sustainability governance framework that  incorporates sustainability considerations into main decision-making processes.

Voices on sustainability

Enabling decarbonization

Accelleron plays a vital role in facilitating the decarbonization journey, for the maritime industry in  particular.

E-fuels in the shipping industry

A survey of decision-makers at companies in the maritime industry

We’re here to help.

If you have any questions about our sustainability commitments, please get in touch.