BorgWarner Publishes 2024 ESG Progress

BorgWarner, a leader in clean mobility solutions, has released its 2024 Sustainability Report, which shows its efforts towards a more sustainable future.

The company is committed to building a cleaner, energy-efficient world and is taking concrete steps to achieve its goals.

“BorgWarner’s longstanding vision is a clean, energy-efficient world, and I am proud to lead a company where our business goals go hand-in-hand with our sustainability goals,” said Frédéric Lissalde, President and CEO, BorgWarner. “I applaud our entire team for their dedication and excellence in innovating products for cleaner mobility, making leaps toward achieving our climate and other sustainability goals, and investing in our people.”

In 2023, BorgWarner achieved several sustainable goals:

Leading the Clean Mobility Charge: Electric vehicles (EVs) and emissions-reducing solutions now account for 87% of the company's revenue, establishing its position as a clean mobility leader.
Greenhouse Gas Emissions Reduction: Lowered its direct and indirect greenhouse gas emissions by 32% from 2021, making major gains towards its ambitious goal of 85% reduction by 2030.
Supply Chain Sustainability: Engaging suppliers to lower supply chain emissions by 25% by 2030.
Harnessing Renewable Energy: Since 2022, BorgWarner has expanded its use of renewable energy by 48% through solar power installations at nine plants.
Minimising Waste: Exceeded its waste diversion goal, achieving a 92.8% waste diversion rate.
Investing in Employees: Promoted employee growth through leadership development, training, and promoting a strong sense of inclusion.
Supplier Collaboration: Over 81% of suppliers completed the sustainability assessment questionnaire, surpassing the company's target.