thyssenkrupp Automotive Technology to decarbonise all electricity use in 2024

thyssenkrupp Automotive Technology, one of the five business segments of the German business group thyssenkrupp AG, is collaborating with Ecohz to transition to 100% renewable electricity across its global operations in 2024.

By switching to renewables, thyssenkrupp Automotive aims to reduce 90% of its Scope 1 and 2 emissions worldwide, including in countries such as Germany, China, the US, and Mexico. thyssenkrupp Automotive, which has the most ambitions climate targets of the company on a division level, plans to become carbon neutral by 2024, gradually extending emissions reduction and reducing reliance on carbon offsets according to a net zero pathway.

To help achieve these goals, Ecohz provides guidance on the most suitable renewable energy solutions per location, including purchased renewable electricity, renewable gas, and on-site power generation. Ecohz has also delivered materiality assessments, market analyses, and cost assessments for greenhouse gas reduction scenarios.

In January 2024, Ecohz participated in a mini-conference at thyssenkrupp’s headquarters in Essen, Germany, to lead upskilling activities on climate and energy with a group of thyssenkrupp Automotive Technology team members. Discussions on how to decarbonise the division’s Scope 3 also began during the event.

Net Zero Advisor Nils Holta with part of the thyssenkrupp Automotive Technology team at thyssenkrupp's headquarters in Essen, Germany.

The Science Based Targets initiative has approved thyssenkrupp AG’s group-level goals, confirming they align with the Paris Agreement. The company is further considering solutions to become climate-neutral in line with Germany’s ambition to achieve this by 2045.