BorgWarner Inc

Auto Parts & Equipment
$ 30 (0.41)%
Share price
$ 7 bn
Market Cap
$ 9.6 bn
Enterprise Value

Carbon footprint

62 Ton
GHG emissions per $ 1 mln investment
1.8x the weighted average for S&P 500
How is this calculated?
YOY change in GHG emissions
Stronger than the +0.5% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)
Weaker than the -8.2% weighted average for S&P 500
How is this calculated?

BorgWarner Inc aims to achieve carbon neutrality for Scope 1 + 2 by 2035

This target has not been verified as science based according to SBTi
BorgWarner Inc's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

GHG emissions and Carbon intensity

BorgWarner Inc's GHG emissions (market-based) (Kt of CO2e)
BorgWarner Inc's Carbon intensity (Tons per 1 USDm)

BorgWarner Inc's carbon footprint

BorgWarner Inc reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 598 Kt (+69/+13% y-o-y). Carbon intensity also surged to 52 t (+20/+63% y-o-y).

No public disclosure of Scope 3 emissions has been found for BorgWarner Inc at the moment.

The company is committed to achieving carbon neutrality for Scope 1 + 2 by 2035, which translates into the estimated reduction of -43 Kt per annum over the period of FY2022 - FY2035. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

BorgWarner Inc aims to achive carbon neutrality across its operations (Scope 1 + 2) in 2035. Companies normally become carbon neutral with the help of the acquisition of carbon offsets rather than absolute reductions in their own greenhouse emissions. Also, carbon neutrality does not include non-CO2 GHG emissions.

BorgWarner Inc also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. BorgWarner Inc. commits to reduce absolute scope 1 and 2 GHG emissions 85% by 2030 from a 2021 base year. BorgWarner Inc. also commits to reduce absolute scope 3 GHG emissions 25% within the same timeframe.

Company environmental metrics

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