BorgWarner Inc 2024 SR
The report highlights BorgWarner's commitment to sustainability through its Charging Forward strategy, focusing on electrification and operational efficiency. In 2023, the company achieved a 32% reduction in Scope 1 and 2 emissions compared to its 2021 baseline and saw 87% of its revenue generated from EV and emissions-reducing products. Key milestones include the validation of its greenhouse gas reduction targets by the Science Based Targets initiative (SBTi) and the successful spin-off of its Fuel Systems and Aftermarket segments. The company also reported that women comprise 30.1% of its global workforce and achieved a 92.8% waste diversion rate. Furthermore, BorgWarner maintained a strong safety record with a Total Recordable Incident Rate of 0.36, outperforming industry benchmarks.
Company: BorgWarner Inc
Sector: Consumer Discretionary
Country: United States
Year: 2024
Type: SR
Pages: 62
BorgWarner Inc
Sustainability Report
The report highlights BorgWarner's commitment to sustainability through its Charging Forward strategy, focusing on electrification and operational efficiency. In 2023, the company achieved a 32% reduction in Scope 1 and 2 emissions compared to its 2021 baseline and saw 87% of its revenue generated from EV and emissions-reducing products. Key milestones include the validation of its greenhouse gas reduction targets by the Science Based Targets initiative (SBTi) and the successful spin-off of its Fuel Systems and Aftermarket segments. The company also reported that women comprise 30.1% of its global workforce and achieved a 92.8% waste diversion rate. Furthermore, BorgWarner maintained a strong safety record with a Total Recordable Incident Rate of 0.36, outperforming industry benchmarks.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Published
Jul 11, 2024
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Sustainable Development Goals
Other Standards
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees