A Horse, the low-emission engine division of Horse Powertrain, a joint venture created by Renault and Geely, announced that its ambitious goal of achieving net-zero emissions across its value chain by 2050 has been approved by the Science Based Targets initiative (SBTi).
In the first phase, Horse commits to reducing direct and indirect emissions resulting from its operations by 42% by 2030.
Additionally, the company aims to reduce direct greenhouse gas emissions resulting from the use of the products it sells by 25% by the end of the decade.
According to Horse, these reductions will be achieved through various initiatives, such as increasing sales of low-carbon engines to 60% of total sales, sourcing 100% renewable electricity, using biomethane at production facilities, and implementing energy efficiency measures, among other strategies.
These goals align with Horse’s broader sustainability strategy, which not only aims to provide innovative solutions for markets transitioning to more sustainable futures but also seeks to be a transformative agent in the automotive industry towards decarbonization.
“The achievement of this approval from Science Based Targets (SBTi) demonstrates the seriousness with which we approach sustainability in our company and on our planet. We are committed to giving more than we receive and will continue our mission to develop and provide innovative energy solutions that contribute to a carbon-free future. These goals are a clear demonstration of our willingness to create meaningful change in the automotive industry.”, said Patrice Haettel, CEO of Horse.