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Home » BorgWarner Named to USA Today’s “America’s Best Climate Leaders 2024” List
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BorgWarner Named to USA Today’s “America’s Best Climate Leaders 2024” List

i2wtcBy i2wtcMay 30, 2024No Comments5 Mins Read
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Auburn Hills, Michigan, May 30, 2024 /PRNewswire/ — BorgWarner has united states of america TODAY’s list of America’s Best Climate Leaders for 2024. This prestigious award goes to: united states of america The winners were announced jointly by TODAY and Statista Inc., the world’s leading statistics portal and industry rankings provider. The list of winners is: May 30, 2024available at usatoday.com.

The 2024 US Climate Leadership Awards are based on a two-stage process. The first is the application and search stage. Companies may be listed by applying online or by publishing the required data. To be eligible for the award, companies must meet the following criteria:

  1. The company’s headquarters is united states of america.
  2. The company’s revenue is at least $50 million 2022.
  3. Standalone emissions reporting including Scope 1 and Scope 2 data for 2020 and 2022.
  4. If a CDP rating is available, the score must be at least a C.
  5. A broader environmental record (e.g. no oil exploration, no greenhouse gas pollution, no deforestation).

The second step was the data analysis and scoring stage: we calculated the year-on-year reduction in emissions intensity (compound annual reduction rate) for all companies that met the inclusion criteria.

Based on the findings, BorgWarner: united states of america Today’s list of America’s 2024 Best Climate Leaders.

“We are honored to be recognized as a climate leader. united states of america “Today, environmental sustainability is a key focus in every part of our business and a focus for everyone who works at our company,” said Volker Wen, BorgWarner executive vice president, president and general manager of BorgWarner Drivetrain and Battery Systems and environmental sustainability leader. Charge forward “This strategy is aligned with a low-carbon future, ramping up production of electric and hybrid vehicle parts at pace with the market and reducing emissions from vehicles on the road. We know that creating a cleaner, more energy-efficient world requires us to continue to embrace sustainable practices not only in the products we make, but also in how we make them, the materials we use and the suppliers we work with.”

Statista works with prominent media partners to publish hundreds of industry rankings and company lists from around the world. The research and analysis service builds on the success of statista.com, the leading data and business intelligence portal providing statistics, relevant business data and a wide range of market and consumer surveys and questionnaires.

About BorgWarner
For more than 130 years, BorgWarner has been a transformative global product leader bringing to market innovative mobility products and a commitment to sustainability, helping to create a cleaner, healthier and safer future for all.

Forward-Looking Statements: This release may contain forward-looking statements as contemplated by the Private Securities Litigation Reform Act of 1995 that are based on management’s current outlook, expectations, estimates and projections. Words such as “anticipate,” “believe,” “continue,” “may,” “planned,” “effect,” “estimate,” “evaluate,” “expect,” “project,” “goal,” “guidance,” “initiative,” “intend,” “may,” “outlook,” “plan,” “potential,” “predict,” “project,” “pursue,” “seek,” “should,” “target,” “when,” “will,” “would” and variations of these words and similar expressions are intended to identify such forward-looking statements. In addition, all statements, other than statements of historical fact, contained or incorporated by reference in this release, including any references to matters expected or anticipated to occur in the future with respect to the Company’s financial condition, business strategy and steps to implement its strategy, future success and other matters, are forward-looking statements. All forward-looking statements are based on assumptions and analyses made in light of the Company’s experience and perception of historical trends, current conditions, expected future developments and other factors that the Company believes are appropriate under the circumstances. Forward-looking statements are not guarantees of performance, and our actual results may differ materially from those expressed, projected or implied in the forward-looking statements.

These forward-looking statements speak only as of the date of this release and undue reliance should not be placed on them. Forward-looking statements are subject to risks and uncertainties, many of which are difficult to predict and generally beyond our control, that could cause actual results to differ materially from those expressed, projected or implied in the forward-looking statements. These risks and uncertainties include, among others, competitive challenges from existing and new competitors, including our original equipment manufacturer (OEM) customers, challenges associated with rapidly changing technology, particularly related to electric vehicles, and our ability to innovate accordingly, difficulties in predicting demand for electric vehicles and revenue growth for our electric vehicles, potential disruptions to the global economy caused by war or other geopolitical conflicts, our dependence on automobile and truck production, which is highly cyclical and subject to disruptions, our dependence on key OEM customers, uncertainty in the global economic environment, and future changes in laws and regulations, including taxes and tariffs, in the countries in which we operate. and other risks described in the Company’s filings with the Securities and Exchange Commission, including the Company’s most recently filed Form 10-K under Item 1A “Risk Factors” and/or Quarterly Reports on Form 10-Q. The Company undertakes no obligation to publicly update or revise any forward-looking statements in this release to reflect any change in the Company’s expectations, or in events, conditions, circumstances or assumptions on which any statement is based.

SOURCE BorgWarner Inc.



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