BorgWarner releases 2024 sustainability report

15 Jul 2024 CW Team

BorgWarner published its 2024 Sustainability Report, "Driving Progress." The report shares the company's progress toward meeting its sustainability goals. "BorgWarner's longstanding vision is a clean, energy efficient world, and I am proud to lead a company where our business goals go hand-in-hand with our sustainability goals," said Fr'd'ric Lissalde, President and CEO, BorgWarner."I applaud our entire team for their dedication and excellence in innovating products for cleaner mobility, making leaps toward achieving our climate and other sustainability goals, and investing in our people."

At BorgWarner, sustainability means delivering value to all stakeholders for today and tomorrow. In 2023, the company made notable progress against its goals as described in the report, including:

Earning 87% of revenue from EV and emissions-reducing hybrid and combustion products, positioning the company as a leader in clean mobility;

Reducing Scope 1 and 2 greenhouse gas (GHG) emissions by 32% from the 2021 baseline, making progress on its Science Based Targets initiative (SBTi)-validated goal to reduce absolute Scope 1 and 2 greenhouse gas (GHG) emissions 85% by 2030;

Engaging supply chain management and engineering teams to advance the company's goal of reducing Scope 3 emissions 25% by 2030 compared to a 2021 baseline;

Installing or expanding solar power installations at nine facilities to help drive a 48% annual increase in renewable energy usage since 2022;

Achieving a 92.7% waste diversion rate at tracked sites, surpassing its 85% goal;

Filling 64% of leadership positions through internal placements, surpassing its 50% goal;

Investing $3.6 million in employee training and development to support a skilled workforce to meet business goals;

Performing above all benchmarks on employees' sense of inclusion and belonging on the company's engagement survey; and

Achieving an 81.6% completion rate with relevant suppliers for its sustainability assessment questionnaire, surpassing its goal.

BorgWarner published its 2024 Sustainability Report, Driving Progress. The report shares the company's progress toward meeting its sustainability goals. BorgWarner's longstanding vision is a clean, energy efficient world, and I am proud to lead a company where our business goals go hand-in-hand with our sustainability goals, said Fr'd'ric Lissalde, President and CEO, BorgWarner.I applaud our entire team for their dedication and excellence in innovating products for cleaner mobility, making leaps toward achieving our climate and other sustainability goals, and investing in our people. At BorgWarner, sustainability means delivering value to all stakeholders for today and tomorrow. In 2023, the company made notable progress against its goals as described in the report, including: Earning 87% of revenue from EV and emissions-reducing hybrid and combustion products, positioning the company as a leader in clean mobility; Reducing Scope 1 and 2 greenhouse gas (GHG) emissions by 32% from the 2021 baseline, making progress on its Science Based Targets initiative (SBTi)-validated goal to reduce absolute Scope 1 and 2 greenhouse gas (GHG) emissions 85% by 2030; Engaging supply chain management and engineering teams to advance the company's goal of reducing Scope 3 emissions 25% by 2030 compared to a 2021 baseline; Installing or expanding solar power installations at nine facilities to help drive a 48% annual increase in renewable energy usage since 2022; Achieving a 92.7% waste diversion rate at tracked sites, surpassing its 85% goal; Filling 64% of leadership positions through internal placements, surpassing its 50% goal; Investing $3.6 million in employee training and development to support a skilled workforce to meet business goals; Performing above all benchmarks on employees' sense of inclusion and belonging on the company's engagement survey; and Achieving an 81.6% completion rate with relevant suppliers for its sustainability assessment questionnaire, surpassing its goal.

Infrastructure Transport

06 May 2026

Pune To Build Nine Km Link Road Between Highways

The Pune Municipal Corporation (PMC) has decided to appoint an expert to plan the development of a nine km long, 60 metre wide road from Khadi Machine chowk to Wadki chowk as an extension to the Katraj-Kondhwa road to link the Mumbai-Satara and Pune-Solapur national highways. The scheme is intended to divert heavy vehicle traffic away from the city and improve access between the two arterial routes. The project has been prioritised by the PMC and forms part of a larger set of schemes in which 19 roads have been identified for development at a combined cost of Rs 9.82 billion (bn) to address c..

Infrastructure Transport

06 May 2026

Barabanki Bahraich Six Lane Highway Approved in Uttar Pradesh

The Uttar Pradesh government has approved construction of a new six-lane highway linking Barabanki and Bahraich as part of National Highway 927, and the cabinet has cleared the project. The alignment will pass through Mustafabad and Kaiserganj and extend for about 101.5 km, creating a key corridor for local and long-distance movement. The National Highways Authority of India will oversee the work and has signalled the scheme is intended to strengthen regional connectivity and cross-border access to Nepal. The project carries an estimated total cost of Rs 69,690 million, equivalent to Rs 69.69..

Infrastructure Transport

06 May 2026

Toll At Kharegaon Likely As Highway Upgrade Nears Completion

A section of the highway at Kharegaon has undergone an upgrade and is approaching completion, and authorities have indicated plans for a toll to be introduced once works finish. The project has focused on strengthening the carriageway, improving drainage and upgrading intersections to enhance safety and capacity. Officials have said the toll will be used to recover construction costs and fund ongoing maintenance. The upgrade included resurfacing of the pavement, widening of certain stretches and installation of modern signage and lighting to reduce accident risk. Contractors completed most ma..