HELLA GmbH & Co. KGaA

  • WKN: A13SX2
  • ISIN: DE000A13SX22
  • Land: Deutschland

Nachricht vom 04.03.2021 | 09:20

HELLA GmbH & Co. KGaA: HELLA aims for climate-neutral production by 2025

DGAP-News: HELLA GmbH & Co. KGaA / Key word(s): Letter of Intent
04.03.2021 / 09:20
The issuer is solely responsible for the content of this announcement.

HELLA aims for climate-neutral production by 2025

- Target to be achieved through further energy savings and by switching to green electricity at all HELLA production sites worldwide

- Remaining and unavoidable CO2 emissions are to be offset by high-quality certified climate protection projects.

- By 2050 at the latest, HELLA wants to ensure a climate-neutral supply chain and consistently supply customers with CO2-neutral products.

Lippstadt, 4 March 2021. As one of the world's leading automotive suppliers, HELLA wants to further accelerate its own efforts against climate change and send a clear signal for climate protection. For example, by 2025, all 38 HELLA production sites worldwide are to manufacture in a CO2-neutral manner. Carbon neutrality is to be achieved in particular through further energy savings and the purchase of green electricity. At the same time, remaining and unavoidable emissions are to be offset by investments in high-quality certified climate protection projects. In addition, HELLA aims to ensure a consistently climate-neutral supply chain by 2050 at the latest and to supply customers worldwide with CO2-neutral products.

"Becoming carbon neutral is another milestone in HELLA's sustainability development and is embedded in a comprehensive sustainability strategy," says HELLA CEO Dr. Rolf Breidenbach. The HELLA product portfolio is already helping to make mobility lower in emissions and more sustainable. HELLA products enable, for example, start-stop functions in vehicles and recuperation in hybrid vehicles, or they monitor and control the flow of energy in electric vehicles. "More than 90 percent of our sales in the Automotive segment are already independent of the combustion engine," continues Dr. Breidenbach. "With our commitment to carbon neutrality, we want to set another example in climate protection and contribute to achieve the goals of the United Nations Paris Climate Agreement which was ratified in 2015."

With its global energy efficiency program "Think.Act.Save.", HELLA aims to further reduce energy consumption particularly in production, which is responsible for the majority of the company's CO2 emissions. "For us, saving energy always comes first before all other measures," explains Dr. Breidenbach. "That is why we will continue to consistently increase the energy efficiency of our production sites." Not least through these measures, electricity consumption in relation to sales is to be reduced by at least 10 percent until 2030 compared to the 2019/2020 financial year. At the same time, HELLA will obtain 100 percent of the electricity required for production from renewable energy sources by 2025 and invest in the expansion of generating global green electricity.

In order to achieve the goal of carbon neutrality in HELLA's global production network by 2025, the company will offset remaining, unavoidable emissions through certified climate protection projects. To this end, HELLA will invest in selected, high-quality climate protection projects that are subject to internationally recognised certification standards. "It is obvious for us that this form of CO2 compensation can only be a supplement and will in no way replace our ongoing search for global reduction potential," emphasizes HELLA CEO Dr. Rolf Breidenbach.

By 2050 at the latest, HELLA also aims to ensure a consistently climate-neutral supply chain worldwide and to supply customers with carbon neutral products. "Three decades sounds long at first glance. "But the transformation to a completely climate-neutral supply chain is a very complex undertaking and an enormous effort that we can only succeed in together and in close exchange with our suppliers, customers and other business partners," says Dr. Breidenbach. "Finally, we need to rethink in many aspects how we develop, manufacture and transport products around the world. We do not yet have solutions for everything - but with 2050 as the target year, we are moving within the time corridor that has been set for this. Together with our partners, we are now setting out to define the necessary milestones in detail and develop concrete action plans."

Please note: This text and corresponding photo material can also be found in our press database at:www.hella.de/presse

HELLA GmbH & Co. KGaA, Lippstadt: HELLA is a listed, global, family-owned company with more than 125 locations in around 35 countries. With sales of 5.8 billion euros in the 2019/2020 fiscal year and 36,000 employees, HELLA is one of the world's leading automotive suppliers. Specializing in innovative lighting systems and automotive electronics, HELLA has been an important partner to the automotive industry and the aftermarket for more than a hundred years. HELLA also develops, manufactures and sells lighting and electronic products for special vehicles in the Special Applications segment.

For more information, contact:
Dr. Markus Richter
Company spokesperson
HELLA GmbH & Co. KGaA
Rixbecker Street 75
59552 Lippstadt
Germany
Phone: +49 (0)2941 38-7545
Fax: +49 (0)2941 38-477545
Markus.Richter@hella.com
www.hella.com



04.03.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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