Sustainability is at the heart of everything we do. We place real focus on our own environmental and social performance, while also helping our customers to decarbonize.
Decarbonizing our business
Protecting the environment simply cannot wait, and so we’re actively exploring the best way to decarbonize our business as quickly and effectively as possible.
We’re taking tangible steps in this area, including transitioning the rest of our operations to green electricity and adopting CO2e-neutral district heat where feasible; moving the majority of our test center operations to greener fuels, such as biodiesel or green synthetic diesel; targeting CO2e neutrality at our factories in China and Switzerland by 2030, with a plan to expand project learnings to our other sites globally; and replacing our end of life company cars with electric vehicles.
Helping our customers operate more sustainably
Given the global need to reduce greenhouse gas emissions, we’re also helping our customers to decarbonize.
- Our turbochargers create significant efficiencies: they increase power output and engine performance by up to 300%, while reducing fuel consumption and carbon emissions by up to 10%, compared to an engine without any turbocharger
- Our turbochargers also help enable the circular economy as more than 98% of their parts are recyclable
We are also developing turbochargers adapted to zero-carbon fuels, so we’ll continue to be vital to industries that can’t do without engines - including long-haul shipping. Here, battery powered propulsion simply isn’t an option, given the distances involved. As the sector is subject to the International Maritime Organization’s ambitious carbon reduction targets, turbocharged zero or lower carbon fuel powered engines are expected to gain importance in the near future and we will support this transition with our products.
Electricity and power generation (EPG) customers
Additionally, with growing reliance on renewable energy, the role of turbocharged engine-based backup generators to offset the resulting fluctuation in electricity supply is also expected to grow.
Doing the right thing socially
Social responsibility is equally important, and we have been continuously focused on improving our employee’s safety and wellbeing. This includes:
Ethical business remains a priority
We conduct rigorous checks on all our suppliers. For example, we’re implementing our own supplier code of conduct to make sure our suppliers are operating responsibly, and in accordance with our principles and values.
Key figures and stats
- -50% reduction in CO2e emissions for Scope 1 & 2 since 2019
- -50% reduction of employee related LTIFR
- 98% of the turbochargers parts are recyclable
- 80+ nationalities in 50 countries