Trek's 9-Year Plan to Cut Emissions 68%

Published on:
by KnowESG
KnowESG_Trek's 9-Year Plan to Cut Emissions 68%
Image courtesy of Trek Bicycle Corp.

Trek Bicycle Corporation, a renowned manufacturer of bicycles and cycling gear, has unveiled an ambitious strategy aimed at significantly curbing its carbon footprint.

The company has set a remarkable target to slash its carbon emissions by a substantial 68% before the year 2030. Additionally, Trek is committed to procuring all its electricity from sustainable, renewable sources by the same year and is aiming to trim its Scope 3 emissions by 30% by 2032.

In the realm of emissions categorisation, Scope 1 pertains to direct emissions originating from owned or controlled sources, such as Trek's bike manufacturing facilities and warehouses.

Scope 2, on the other hand, covers indirect emissions stemming from acquired energy, including the electricity that powers Trek's various facilities.

Lastly, Scope 3 encompasses all other indirect emissions linked to the company's operations, encompassing facets like transportation and waste disposal.

Trek has already embarked on a series of green initiatives to lessen its carbon footprint, including the reduction of packaging waste through the elimination of single-use plastic and foam in its packaging.

The company has also embraced the recycling of e-bike batteries and integrated recycled materials into its product lineup, with examples including clothing fashioned from recycled plastic water bottles.

Building on these accomplishments, Trek is focusing on further improving its sustainability performance by instituting responsible waste management practices, meticulously documenting its renewable energy procurement, expanding its electric vehicle fleet, and overhauling outdated building systems.

The commitment demonstrated by Trek towards minimising its carbon emissions marks a momentous stride forward not only for the company but for the entire cycling industry. Cycling inherently represents a low-carbon mode of transportation, and Trek's resolute efforts to reduce emissions will bolster the environmental sustainability of this mode of transit.

Crucially, Trek's environmental pledge aligns harmoniously with the objectives outlined in the Paris Agreement, designed to limit global warming to levels significantly below 2 degrees Celsius above pre-industrial benchmarks. Trek's proactive measures will undoubtedly contribute to mitigating the company's climate impact, aligning with global efforts to combat the relentless onslaught of climate change.

Trek's recent announcement heralds a heartening development, underscoring the cycling industry's growing commitment to addressing climate change. This resounding commitment sets a precedent for other cycling companies, urging them to follow Trek's lead and actively commit to the cause of carbon reduction. Through collective efforts, the cycling industry holds the potential to become a potent force in the ongoing battle against climate change.

For more company-related news

To view and compare company ESG Ratings and Sustainability Reports, visit our Company ESG Profiles page.

Source: Cycling Weekly

Share:
esg
esg
esg
esg

Companies Headlines

SABIC, Lamb Weston Collaborate on Low-Weight Sustainable Packaging

SABIC, Lamb Weston Collaborate on Low-Weight Sustainable Packaging

BASF and Evonik Replace Fossil with Renewable Feedstocks

BASF and Evonik Replace Fossil with Renewable Feedstocks

Evecon, Mirova Open Largest Solar Park in Estonia

OneFortyOne Invests $30m in Renewable Energy Projects

AWS, SLB Leverage New Technologies to Reduce CO2 Emissions

Nestlé Introduces New Sustainable Paper-Based Options

Tesla Invests Heavily in Sustainable Products

WNS, Uniqus Partner for ESG, Accounting, and Reporting

Smithfield Foods Launches GHG Reporting System

CultivateAI Joins Gevo to Advance Carbon Tracking Solutions