Nexteer Automotive Group Ltd

Common Name
Nexteer Automotive Group
Country
United States
Sector
Consumer Cyclical
Industry
Auto Parts
Employees
12,600
Ticker
1316
Exchange
HONG KONG EXCHANGES AND CLEARING LTD
Description
Nexteer Automotive Group Ltd. is a prominent global supplier specializing in steering and driveline systems for some of the world's leading automobile manufacturers. Established with a focus on provid...

Nexteer Automotive Group's Climate Target Data Preview

As of 2023, Nexteer Automotive Group has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 intensity-based target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Nexteer Automotive Group ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Intensity-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Unit of Unspecified Product Produced/Manufactured
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2024

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Insights into Nexteer Automotive Group's Greenhouse Gas Emissions Pathways

As of 2023, Nexteer Automotive Group has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.

Does Nexteer Automotive Group have a target to reduce the emissions from its operations?

As of 2023, Nexteer Automotive Group has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Nexteer Automotive Group's most ambitious operational target is to reduce these emissions by 6% by 2024, compared to a baseline of 0.006 Metric Tonnes of CO2 equivalent (mtCO2e) per Unit of Unspecified Product Produced/Manufactured in 2023.

Nexteer Automotive Group's Operational (Scope 1+2) Emissions Pathway

2023202400000.01Target 2024 (-6%)
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