Carbon Neutral Activities of Major European Suppliers
Initiatives by Bosch, ZF, Continental, Schaeffler, Faurecia, and Valeo
2022/12/09
- Summary
- Tier1 suppliers’ carbon neutrality goals
- Bosch: Electrification and hydrogen, zero emissions transportation, biofuel, smart factory
- ZF: Green steel, natural gas-powered freight trucks
- Continental: Bio-based material, 48-volt hybrid system, green tires, recovered carbon black (rCB)
- Schaeffler: Using of photovoltaic power, CO2-free steel, ball bearing with an integrated centrifugal disc
- Faurecia: Digital solutions, solar panels, renewable energy, fossil-free steel, recycled materials
- Valeo: Reuse and recycle material, reducing CO2 emissions and improving vehicle safety, EV battery cooling
Summary
Major European part suppliers are accelerating their efforts to reduce CO2 emissions throughout their supply chains to achieve the EU’s carbon neutrality regulations by 2050 and to meet the OEMs’ requirements for green vehicles or EVs.
ZF becomes more climate-friendly with green electricity (Source: ZF) |
Each supplier has developed their products and raw materials from reused and recycled material, recovered carbon black (rCB), bio-based material, and green steel. Some suppliers have invested in climate-neutral technologies such as electrification and hydrogen. Some suppliers converted manufacturing facilities to smart factories, applying digital solutions for reduced energy consumption, and using renewable energy from solar panels.
This report summarizes recent CO2 emission reduction activities of major European part suppliers: Bosch, ZF, Continental, Schaeffler, Faurecia, and Valeo.
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