Potential offtaker

Iveco Group N.V.

www.ivecogroup.com

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Which other companies from Italy are actively involved in decarbonization initiatives?
  • TIM Group
  • ALIMAC s.r.l.
  • SIDEL Group
  • Prysmian S.p.A.
  • Credito Emiliano S.p.A.
  • Aeffe S.P.A.
  • Iveco Group N.V. is a leading commercial vehicle manufacturer based in Turin, Italy. The company operates in the commercial vehicles sector and is committed to decarbonisation and promoting renewable energy. Iveco Group N.V. is a subsidiary of CNH Industrial, a global leader in capital goods that designs, produces, and sells agricultural and construction equipment, trucks, commercial vehicles, buses, and specialty vehicles.

    Iveco Group N.V. has a strong commitment to sustainability and reducing its carbon footprint. The company has set ambitious targets to reduce its CO2 emissions by 25% by 2020 and by 40% by 2030. Iveco Group N.V. is investing in innovative technologies to achieve these goals, such as alternative fuels, hybrid and electric powertrains, and fuel-efficient engines.

    One of the key initiatives that Iveco Group N.V. has undertaken to reduce its carbon footprint is the use of renewable energy. The company has invested in renewable energy sources such as wind, solar, and hydroelectric power, to power its manufacturing facilities and offices. This has helped the company reduce its reliance on fossil fuels and decrease its carbon emissions.

    In addition to investing in renewable energy, Iveco Group N.V. is also focused on corporate energy management. The company has implemented energy-saving measures in its manufacturing facilities and offices, such as energy-efficient lighting, heating, and cooling systems. Iveco Group N.V. has also implemented a comprehensive energy management system to monitor and control its energy consumption, which has helped the company reduce its energy costs and carbon emissions.

    Another important initiative that Iveco Group N.V. has undertaken to promote renewable energy is the use of corporate power purchase agreements (PPAs). A corporate PPA is a long-term contract between a company and a renewable energy provider, where the company agrees to purchase the electricity generated by the provider at a fixed price for a specified period. Iveco Group N.V. has signed several corporate PPAs with renewable energy providers, which has helped the company increase its use of renewable energy and reduce its carbon emissions.

    Iveco Group N.V. is also committed to promoting decarbonisation in the transportation sector. The company is investing in alternative fuels such as natural gas and biomethane, which have lower carbon emissions than traditional fossil fuels. Iveco Group N.V. is also developing hybrid and electric powertrains for its commercial vehicles, which will help reduce emissions and improve fuel efficiency.

    In addition to its commitment to sustainability, Iveco Group N.V. is also focused on innovation and technology. The company has a strong research and development program, which is focused on developing new technologies to improve the performance, efficiency, and sustainability of its commercial vehicles. Iveco Group N.V. has also partnered with other companies and research institutions to develop new technologies and solutions for the transportation sector.

    Iveco Group N.V. has a strong global presence, with manufacturing facilities and offices in Europe, Asia, Africa, and the Americas. The company has a diverse portfolio of commercial vehicles, including trucks, vans, buses, and specialty vehicles, which are used in a wide range of industries such as construction, logistics, and public transportation.

    In conclusion, Iveco Group N.V. is a leading commercial vehicle manufacturer based in Italy, which operates in the commercial vehicles sector and is committed to decarbonisation and promoting renewable energy. The company has set ambitious targets to reduce its carbon footprint and is investing in innovative technologies to achieve these goals. Iveco Group N.V. is also focused on corporate energy management, corporate PPAs, and promoting decarbonisation in the transportation sector. The company has a strong global presence and a diverse portfolio of commercial vehicles, which are used in a wide range of industries.

    ✓ Science Based Targets member
    Pioneering Decarbonization in Manufacture of motor vehicles: Strategies and Techniques

    Which companies in the industry of Manufacture of motor vehicles have made significant pledges or efforts to address global warming?
  • Tata Motors Limited
  • Mercedes-Benz AG
  • Volvo AB
  • Mazda Motor Corporation
  • AMAG Group
  • Jaguar Land Rover Automotive plc