Polyester today released its second annual review and sustainability report, which found that by 2021, automakers have been able to reduce their vehicle’s greenhouse gas emissions by six percent.
The benefits were largely generated by increased efficiency and the use of renewable energy in its manufacturing processes. The report is one of the initial steps towards polyester’s long-term environmental sustainability goals.
As such, the company aims to halve its carbon emissions by 2020 and 2030, build a truly climate-neutral vehicle by 2030, and reach climate neutrality in its value chain by 2040. These reports are an important part of that process, said Frederica Clarin, chief executive officer of the company.
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“What is measured becomes what it is,” says Claren. “Sustainable reporting is the key to transparency that we adhere to in polyester. Through the annual report, we monitor our direction towards our ambitious goals and show that we do what we say. “
In addition to reducing the carbon footprint of its vehicles, Polyester has hired expert leads for its four strategically sustainable areas: climate neutrality, transparency, roundness and inclusion. Indeed, its employees were encouraged to participate in engagement and education sessions focusing on those areas in 2021, and will be encouraged to do so again in 2022.
Polyester adds that its continued partnership with Circular now includes blockchain traceability for components such as mica and cobalt that go into its batteries. Thus, it can track the progress of these components from source to vehicle to better track their impact.
“We work with every step we take to support our climate strategy,” said Thomas Ingenlath, CEO of Polyester. “It simply came to our notice then. Change and improvement must happen all the time, now, and we can’t wait. I am proud to say that we have reduced greenhouse gas emissions by 6 percent per car sold.