ESG Commitment
As a signatory of the United Nations Global Compact, the company will transparently demonstrate how its Sustainability Agenda supports key principles in the areas of environmental protection, labor standards, human rights, and anti-corruption, and what specific development goals it takes into account. By 2030, the company wants to have achieved complete carbon neutrality in all of its own operational activities. Moreover, Vitesco Technologies has set itself the ambitious goal of achieving carbon neutrality along its entire value chain by 2040 at the latest. This also includes all business activities beyond the company’s own processes – for example raw material extraction or use of the products. To calculate its carbon footprint, the company uses emission data from suppliers as well as mathematical calculation models.
Company Introduction
Vitesco Technologies is a leading international developer and manufacturer of state-of-the-art powertrain technologies for sustainable mobility. With smart system solutions and components for electric, hybrid and internal combustion drivetrains, Vitesco Technologies makes mobility clean, efficient, and affordable. The product range includes electrified drivetrain systems, electronic control units, sensors and actuators, and exhaust -gas aftertreatment solutions. In 2021, Vitesco Technologies recorded sales of €8.3 billion and employs around 37,000 employees at about 50 locations worldwide. Vitesco Technologies is headquartered in Regensburg, Germany.