ABB has committed to achieving carbon neutrality in its operations by 2030 as part of its new sustainability strategy.
As part of its new strategy, ahead of World Environment Day on June 5, the Smart Transport member has announced it has joined three initiatives led by the international non-profit Climate Group in line with its action plan and focus areas identified to reduce its own emissions.
ABB has joined the EV100, committing to electrify its vehicle fleet of more than 10,000 vehicles by 2030.
ABB in Sweden has already started to convert its around 700 company cars to all-electric vehicles, while ABB in the UK announced last year that the company will be transitioning its over 500 company cars to an all-electric fleet by 2025.
The company have also joined the RE100, the commitment to sourcing 100% renewable electricity until 2030.
In 2020, 32% of all the electricity used by ABB was either purchased as certified green electricity or generated by the company’s own solar power plants and since 2020, ABB in Switzerland already sources 100% of its power from renewable sources.
ABB has committed to EP100 - establishing energy efficiency targets and deploying energy management systems at the company’s sites.
ABB said more than 100 of its sites are covered by externally certified or self-declared energy management systems.
Theodor Swedjemark, chief communications and sustainability officer at ABB, said: “We want to lead by example across our own operations and the confirmation that our ambitious targets are now scientifically verified is an important milestone for the company.
“We believe that the combination of technology and empowered people is key to reducing emissions and avoiding the further heating of our planet.”
ABB recently unveiled its new high-power EV charger capable of 350kW.
It also announced a partnership with Amazon Web Services (AWS) to develop a cloud-based digital solution for the real-time fleet management of EVs.
Plans to build 80 new EV battery factories globally will not be sufficient to meet future demand, according to a new ABB report.
The company’s own reduction targets have also received approval by the Science Based Targets initiative (SBTi) confirming that they are in line with the 1.5°C scenario of the Paris Agreement.
The SBTi is a partnership between non-governmental organizations CDP, United Nations Global Compact (UNGC), World Resources Institute (WRI) and the World Wide Fund for Nature (WWF).
ABB has also joined the Business Ambition for 1.5°C Campaign, a global coalition of UN agencies, business and industry leaders, led by the UNGC.
ABB said it has also added specific targets related to sustainability into its senior management remuneration.