#Sustainability #SBTi #Marelli

Marelli's Decarbonization Journey: A Step Towards a Greener Future

Marelli, known for its technological innovations in the automotive sector, has made significant strides in its commitment to sustainability. On June 18, 2025, the global mobility technology supplier announced that it has received formal approval from the Science Based Targets initiative (SBTi) for its ambitious net-zero emissions target by 2045. This approval is a testament to Marelli's dedication to aligning its operations with climate science and working towards limiting global warming.

What's New?

Marelli’s SBTi-approved targets reflect its commitment to reducing greenhouse gas (GHG) emissions across its entire value chain. The company has set three major targets:

1. Near-Term Target: Reduce GHG emissions by 42% by 2030 from a baseline year of 2022. This target applies to all emission scopes (Scope 1, 2, and 3).
2. Long-Term Target: Achieve a 90% reduction in GHG emissions by 2045, also from the 2022 baseline.
3. Overall Net-Zero Target: Attain net-zero GHG emissions across all operations and throughout the value chain by 2045.

Achieving net-zero means that Marelli will need to significantly cut its emissions and neutralize any remaining emissions in line with SBTi criteria.

Understanding Scope Emissions

To comprehend Marelli's objectives, it's vital to understand the different scopes of emissions:

• - Scope 1: Direct GHG emissions from company operations.
• - Scope 2: Indirect GHG emissions from the generation of purchased electricity and other utilities.
• - Scope 3: Other indirect GHG emissions across the value chain, including upstream and downstream activities.

Marelli’s integrated approach ensures that all aspects of its operations are scrutinized for emissions reduction, aligning its activities with the Paris Agreement goals.

Significance of the SBTi Approval

The Science Based Targets initiative plays a crucial role in fostering corporate climate action globally by establishing standards and guidance for companies and financial institutions. Marelli's success in securing this approval is noteworthy, considering the current climate crisis highlighted by the Intergovernmental Panel on Climate Change (IPCC). The organization has described the situation as a