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

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Decarbonization

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

 

2030 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 per absolute)[1]

 

More sustainable powertrains

 

  • 65% sales from engines with better CO2 performance[1][2]

More positive contribution

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

 

More positive contribution to society 

 

  • 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 education initiatives by site[4] on nature preservation per year

 

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

Business ethics

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 social development goals and Horse Powertrain

UN8
UN9
UN11
UN12
UN13
UN17

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