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Valeo says it has emissions-reducing technology in one of three cars worldwide.
Automotive supply giant Valeo is pledging to nearly halve its carbon-dioxide emissions in the coming decade.
The French specialist in electrification, electronics and lighting also commits to achieving European carbon neutrality by 2050 by slashing emissions across its entire value chain 45% by 2030 compared with 2019 levels.
By 2050, Valeo claims it will have achieved carbon neutrality for all of its own operating activities and across its entire supply chain worldwide and will be 100% carbon neutral, including the end use of its products, in Europe.
Presenting its strategic ambitions, Jean-Luc di Paola-Galloni (below, left), Valeo’s group corporate vice president-sustainable development and external affairs, offers a broad overview of the plans.
“This is about both processes and products,” he says. “First, the processes are to reduce the footprint of our operations where we are going to invest nothing less than €400 million ($484 million) by 2030 to transform our production plants and energy procurement…
“To attenuate our operations, we are going to increase the proportion of the energy generated from low-carbon sources used by us from 5.5% in 2019 to 80% in 2030,” di Paola-Galloni says.
“A number of our centers of excellence are already piloting renewable energy solutions, including our three sites in Chennai in India, 90% of whose energy is wind powered. Another example is the site in India, Sanand, which uses its own solar facilities to produce 30% of the energy it consumes.
“So, by 2030, hundreds of our most carbon-intensive facilities will have been completely transformed into highly efficient sites,” he says.
“This is going to involve what? Well, the more widespread use of LED lighting, already being deployed in our facilities.
Valeo jean-luc_di paola-galloni RESIZED
“Second, the installations of systems to recover heat from our in-plant compressors and furnaces for reuse in other applications, already being implemented at plants in the Czech Republic and in China.“Furthermore, we will see the installation of more efficient furnaces and, finally, the installation of insulation systems.”
A more detailed look at Valeo’s strategy includes reducing:
Emissions related to its operating activities 75%, from 1.1 million to 0.3 million metric tons of CO2.
Emissions related to its supply chain 15%, from 9.5 million to 8.1 million metric tons of CO2.
Emissions related to the end use of its products 15%, from 39 million to 33.1 million metric tons of CO2. This reduction is expected to reach 50% when accounting for emissions avoided via the group’s electrification technologies, with CO2 emissions declining from 39 million to 19.5 million metric tons.
Over the past 10 years, Valeo says it has invested more than €10 million ($12 million) in technologies that reduce CO2 emissions. It also points out that, today, one in three vehicles worldwide is fitted with Valeo technology that helps reduce CO2 emissions.
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