An aerial view of a car driving in a treeless, grassy flatland at sunset or sunrise with snow-capped mountains in the distance

OUR ESG PLAN

Our commitment to people and planet

Horse Powertrain is committed to making change happen by moving our industry forward. With new innovations, new ways of working, and new ways of thinking.

 

Horse Powertrain's ESG plan for 2030 has been approved by our Board of Directors and they will oversee its implementation.

OUR FOCUS AREAS AND 2030 TARGETS

A visualisation of the ESG plan of Horse Powertrain

FOCUS AREAS

2030 TARGETS

UN SUSTAINABLE DEVELOPMENT GOALS

DECARBONIZATION

Lower carbon engines to boost a more sustainable and fairer mobility transition

2030 CO₂ emissions targets

 

  • -70% in our operations (Scopes 1&2)[1]

  • -48% in purchased goods & services per powertrain (-39% in purchased goods & services absolute)[1]

  • -22% in use of sold products per powertrain (-9% in use of sold products absolute)[1]

 

More sustainable powertrains

 

  • 65% sales from engines with better CO₂ performance[1][2]
UN Goal 11
UN goal 13

MORE POSITIVE CONTRIBUTION

Operations that will make a more positive contribution to employees, communities and the environment

More positive contribution to people

 

  • Obtain and maintain a global certification that recognizes our focus on people, equality and strong alignment with our values

 

  • Zero injuries commitment
    • -17% Lost Time Case Ratio (LTCR)[3]
    • 100% of plants certified in ISO 45001

 

  • Equality plan implemented

 

  • Social action
    • 2 initiatives per site[4] per year, on preserving nature and supporting education in the community

 

More positive contribution to nature

 

  • To reach 80% of recycled content in aluminum

  • To reach 100% of renewable electricity

  • Biodiversity protection approach across supply chain
UN Goal 8
UN Goal 9

RESPONSIBLE BUSINESS

Responsible management of the entire value chain ensuring high ethical standards

Responsible purchasing

 

  • 100% ESG requirements acceptance by direct materials suppliers

  • 90%[5] direct materials suppliers score above threshold[6] after ESG evaluation

  • 95% of our ESG high risk suppliers[7] have an action plan implemented

 

Ethics and governance

 

  • Global compliance program 100% implemented

  • Global corporate policies and statements approved

  • Human rights due diligence implemented
UN Goal 12
UN Goal 17

Discover more

Click below to learn about certifications, policies, reports, subsidies and more at Horse Powertrain.

Documents

Notes

  1. Against a baseline of 2023
  2. LPG, HEV, PHEV, FLEX (Ethanol), REX
  3. Lost Time Case Ratio: numbers of LTC/number of worked hours x 1000000 (calculated on employees excluding subcontractors) against a baseline of 2024
  4. Two sites counted as one for Sweden
  5. Percentage of direct procurement suppliers representing more than 90% of purchasing turnover, who score above the threshold
  6. >45 Ecovadis/ >70% SAQ DS / >70 SAQ Geely
  7. ESG high-risk supplier: underscored or non-scored suppliers under ESG evaluation