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Sustainability THE MOBILITY OF THE FUTURE

SUSTAINABILITY AND CLIMATE PROTECTION GO HAND IN HAND

Climate protection is one of the most important issues of our time. Young people are taking to the streets every Friday in protest over climate change, investors are now including corporate actions that are damaging to the environment in their exclusion criteria, and the European Union is planning a Green Deal that aims to make Europe the first carbon-neutral continent by 2050.

ZF’s climate strategy

ZF aims to be climate-neutral by 2040 for all three “scopes” of the Greenhouse Gas Protocol. This means that by 2040, all of the roughly 240 ZF locations will not generate any CO2 emissions either on their own or through the purchase of electricity (Scopes 1 and 2). By 2030, ZF aims to reduce these CO2 emissions by 50 percent compared to 2018. To do so, we are targeting a 20 percent increase in energy efficiency in our plants and will procure more of our power from renewable energy sources. At the same time, we will reduce emissions across our entire supply chain and minimize the environmental impact of our products (Scope 3).

Climate protection was also top of the agenda at this year’s economic summit in Davos. Shortly before the event began, the World Risk Report 2020 identified the five greatest risks to the global economy – and all were the direct result of climate change. The President of the European Commission, Ursula von der Leyen, backed the Green Deal in the EU Parliament, saying: “Let’s just imagine what it would cost if we did nothing.”

The automotive industry is in transition

Entire business sectors are now undergoing a period of transition, and this is proving particularly challenging for the automotive industry. Today, the traffic sector in the OECD member states alone accounts for over a quarter of global greenhouse gas emissions. For Hildegard Müller, President of the German Association of the Automotive Industry e.V., it is clear that the sector is facing “profound changes in the face of digitalization, shifting mobility patterns and particularly the considerable challenges the issue of climate protection poses.” However, she is convinced that this is “a challenge that the sector is able to face. As the German automotive industry itself professes, the responsibility for people and the environment no longer ends at the factory door; rather, it must be anchored throughout the entire supply chain.”

ZF is shaping the transformation

ZF is playing an active role in shaping the transformation. The “Vision Zero” strategic objective stands for zero emissions and zero road traffic accidents. Not only is production at ZF going climate-neutral. In January 2020, Wolf-Henning Scheider, CEO of ZF, announced that, by 2040, the entire value chain – from the supply chain to the use of the products – is to become climate-neutral. This is part of ZF’s commitment to the Paris Climate Agreement, which sets out a framework to keep global warming below 1.5°C.

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“As the German automotive industry itself professes, the responsibility for people and the environment no longer ends at the factory door; rather, it must be anchored throughout the entire supply chain.”

Hildegard Müller, President of the German Association of the Automotive Industry e.V. (VDA)