ABB strengthens its commitment to reduce carbon emissions and will electrify its fleet of 10,000 vehicles by 2030
The Swedish-Swiss power and automation technology group joins three initiatives from The Climate Group
ABB, The Swedish-Swiss power and automation technology group, has committed to electrifying its vehicle fleet of 10,000 vehicles by 2030. It will source 100 percent renewable electricity by 2030 and establish energy efficiency targets, including the systematic use of energy management systems.
As part of its new Sustainability Strategy and its ambition to enable a low-carbon society, ABB has committed to partner with its customers and suppliers to reduce their emissions and to achieve carbon neutrality in its own operations by 2030.
Ahead of World Environment Day on June 5, ABB have announced that it has joined three initiatives. These are led by the international non-profit Climate Group in line with its action plan and focus areas identified to reduce its own emissions.
The first initiative involves ABB electrifying its fleet of more than 10,000 vehicles by 2030. ABB in Sweden, for example, has already started to convert its around 700 company cars to all-electric vehicles. In the UK, ABB announced last year that the company will be transitioning its over 500 company cars to an all-electric fleet by 2025.
The second initiative involves ABB sourcing 100 percent renewable electricity until 2030. In 2020, 32 percent of all the electricity used by ABB, was either purchased as certified green electricity or generated by the company’s solar power plants. Since 2020, ABB in Switzerland already sources 100 percent of its power from renewable sources.
ABB’s third and final initiative involves the company establishing energy efficiency targets and continuing to deploying energy management systems at the company’s sites. Already, more than 100 ABB sites are covered by externally certified or self-declared energy management systems.
The company’s own reduction targets have now also received approval by the Science Based Targets initiative (SBTi) confirming that they are in line with the 1.5°C scenario of the Paris Agreement.
Theodor Swedjemark, chief communications and sustainability officer, said: “At ABB, we want to lead by example across our own operations and the confirmation that our ambitious targets are now scientifically verified is an important milestone for the company.”
“We believe that the combination of technology and empowered people is key to reducing emissions and avoiding the further heating of our planet.”