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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.
Commitment
Accelleron is a participant of the UN Global Compact.
Accelleron is committed to the Science Based Target Initiative (SBTi).
Accelleron’s Sustainability Targets
Topic | Target |
Responsible innovation | Portfolio ready for alternative fuel by 2030, scalable and ready to sell in production. |
Responsible supply chain | 100% 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 economy | In 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 products | Reduce 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 products | Assess our energy consumption and set energy-related targets in 2024. |
Environmental impact of our operations and our products | Zero waste to landfill and 90% waste recycling rate for non-hazardous waste by 2030.1 |
Environmental impact of our operations and our products | Assess our water footprint and set water intensity reduction target in 2024. |
1. Except US, Middle East and Africa.