Aston Martin has used Earth Day to announce its new sustainability strategy tagged Racing.Green. The plan sets the company’s sustainability target across all its operations.
The company is a member of the Science Based Target initiative, SBTi, which helps businesses globally to set carbon-emission reduction targets within the framework of climate science.
The Racing.Green plan compels Aston Martin to reduce emissions throughout its supply chain by 30 percent by 2030, compared to the levels in 2020. However, the company targets net-zero emissions by 2039.
Aston Martin is already working on carbon emission reduction, with positive results. For example, its UK operations have achieved a 40 percent reduction in emissions intensity between 2020 and 2021. All its manufacturing facilities in the UK have been powered 100 percent by renewable energy since 2019. Aston Martin is installing more than 14,000 solar panels at its St Athan factory in Wales. When completed, the installation will supply 20 percent of the site’s energy needs.
Aston Martin has also been able to divert 100 percent of its waste from landfills. It will eliminate all plastic packaging waste from its production by 2025.
As part of Racing.Green, Aston Martin will cut its water usage by 15 percent. It will also maximize the use of sustainable materials.
Despite existing for 109 years, Aston Martin has only made 109,000 cars. However, more than 95 percent are still working, pointing to the longevity of the company’s products.
Aston Martin is also planning to go electric, with the first battery-electric vehicle bearing its logo coming in 2025. A hybrid, the Valhalla, will come before that in 2024.
Tobias Moers, Chief Executive Officer of Aston Martin Lagonda, said: “Aston Martin is accelerating. We are transforming our business and believe that now is the time to challenge ourselves to make a bigger difference, to become a world-leading sustainable ultra-luxury business.
“Whilst embracing electrification, we believe our sustainability ambitions must be broader than just producing emissions-free vehicles, and want to drive sustainability principles across our entire business, with a team representative of society proudly producing responsible products with a reduced environmental impact and making a positive contribution to the communities where we operate.
“Applying our passion for engineering and design innovation to this challenge, we are excited about shaping not just how quickly the world gets from zero to sixty, but how quickly we get to Net-Zero.”
Renewable Brief 