Tackling climate change
Aiming for net zero
Our commitment
Aston Martin is committed to achieving net zero emissions across our value chain by 2050. Our sustainability strategy underscores our commitment to play our part in accelerating emission reductions and managing the impacts of climate change on our business.
Our goal
To achieve this, we will deliver our net zero plan, transform our manufacturing operations and products and decarbonise our value chain.
Taking action
Our emissions footprint
Our emissions footprint is calculated and broken down into three categories based on the Greenhouse Gas Protocol, which provides the world's most widely used greenhouse gas accounting standards for companies.
• Scope 1: Direct emissions from sources that are owned or controlled by Aston Martin
• Scope 2: Indirect emissions from the consumption of purchased energy
• Scope 3: Other indirect emissions that occur in the Company’s value chain, both upstream and downstream
Decarbonising our own operations
Our Scope 1 and 2 reduction approach includes 3 decarbonisation levers:
• Lever 1 Energy efficiency
• Lever 2 Renewable electricity purchase and production
• Lever 3 Electrification of our operations
Decarbonising our value chain
The core impact areas for our scope 3 emissions together account for over 95% of our scope 3 emissions. These are:
- Use of sold products
- Purchased goods and services and capital goods
- Upstream transport and distribution
Use of sold products
The largest contributor to our Scope 3 emissions is from the use of the vehicles we sell (Category 11: Use of sold products). As our transition to electrification kicks in we expect our Category 11 emissions to decrease.
Purchased goods and services and Capital goods
Purchased goods and services and Capital goods account for around 38% of our Scope 3 emissions.* Our procurement policies are designed to help us reduce emissions across the supply chain. Our Responsible Procurement Policy requires suppliers to have an environmental management system in place to identify, measure and mitigate GHG emissions, provide product-level GHG emissions data, including from sub-suppliers, logistics and other activities upon request.
*All Scope 3 data is from 2023.
Upstream and downstream logistics
Logistics comprises around 2% of our 2023 Scope 3 emissions and is an area of focus. We are working in partnership with our logistic providers to optimise the transport of components and finished vehicles to and from our manufacturing sites. Our short-term priorities include transitioning our inbound fleet to lower carbon fuels, optimising transport frequency to eliminate inefficiencies and considering our supply chain footprint through centralised approaches like near-shoring and reducing miles travelled.
Climate risks and opportunities
