Accelleron’s near-term climate targets approved by SBTi

Accelleron, a global technology leader in turbocharging, fuel injection, and digital solutions in the marine and energy industries, today announced that the Science Based Targets initiative (SBTi) has officially approved the company’s near-term greenhouse gas emission reduction targets. This independent approval confirms that Accelleron’s climate goals – to reduce Scope 1 and 2 emissions by 50% and Scope 3 emissions by 25% by 2030 (from a 2023 baseline) – are in line with the latest climate science and the Paris Agreement’s objectives.

Accelleron’s offerings for heavy-duty applications are mission-critical for the energy transition. They deliver superior energy efficiency, resulting in fuel savings and reduced emissions over an engine’s lifetime. By securing SBTi’s endorsement, Accelleron also underscores its commitment to transparent and science-aligned decarbonization in its own operations and value chain. “Having our targets approved by SBTi is an important milestone for Accelleron, and we’re proud to join the ranks of companies taking science-based climate action,” said Accelleron CEO Daniel Bischofberger. “This independent validation shows that our decarbonization strategy is grounded in science, not wishful thinking. It reinforces stakeholder confidence that we are serious about sustainability and on the right path.” 

Aligned with purpose and Paris Agreement goals

Accelleron’s approved targets, based on a 2023 baseline, are near-term commitments for 2030.

Cutting emissions sharply this decade will directly contribute to global efforts to limit warming to 1.5 °C – the central aim of the Paris Agreement. Accelleron’s targets for 2030 translate the Paris climate goals into the company’s own operations and value chain. By aiming for a 50% reduction in Scope 1 and 2 emissions, Accelleron is aligning with a 1.5 °C decarbonization pathway for its direct footprint. By targeting a 25% cut in Scope 3 emissions, it is also taking significant steps on a well-below 2 °C trajectory for its broader value-chain impact. 

To reach these targets, Accelleron is implementing several measures across its operations and value chain. For Scope 1, the company is introducing biofuels in its test center and transitioning its car fleet to electric vehicles. Scope 2 actions include sourcing low-carbon or green electricity, installing solar panels, and improving energy efficiency through advanced machinery. For Scope 3, transportation-related emissions are being reduced by shifting from air to sea freight wherever feasible and by engaging with direct suppliers to reduce the carbon footprint of steel-based materials.

“The approved targets reflect Accelleron’s core purpose of accelerating sustainability in marine and energy. We are focusing on reducing near-term emissions where we can take concrete action now. Our long-term strategy remains guided by a net-zero future,” explained Annika Parkkonen, Accelleron’s Chief Human Resources and Sustainability Officer.

Independent validation and transparency

The SBTi – a global partnership that sets standards for science-based corporate climate goals – is widely regarded as the “gold standard” for credible climate action. As an independent expert body, the SBTi conducted a thorough review to verify that Accelleron’s targets are ambitious, measurable, and aligned with the latest climate science. This external validation reassures stakeholders that Accelleron’s climate goals meet high international standards for science-based action. 

“With the SBTi approval, we now have clear targets to guide our sustainability efforts. Reaching them also depends on joint action across industrial sectors to provide low-carbon solutions for our Scope 3 emissions. If these solutions do not emerge, closing the gap through alternatives will be highly challenging,” Bischofberger noted. “We will report openly on our ambition and progress to create value for society, our customers, and shareholders.” 

For more information on the Science Based Targets initiative and its standards, visit the SBTi website: sciencebasedtargets.org.