Sustainability doesn’t happen overnight
We are working to further improve on our journey towards a sustainable future
We recognise the importance of promoting a circular product life cycle where resources are used fully for as long as possible and where products and materials are recovered and regenerated at the end of their useful life.
- 100% of new products to be designed in accordance with sustainability and recyclability guidelines
- 100% return of spare parts
- 60% of water to be recycled in the Company's plants
Our goal is to design all new products in accordance with guidelines for sustainability and recyclability by the end of 2026.
In order to maximise product life, we are putting in place a process to collect broken or worn-out parts to see what can be reused, repurposed or recycled with the goal of 100% core return of such parts by 2030. In the meantime, we offer our customers a range of remanufactured products.
In our manufacturing processes, we place particular emphasis on improvements that increase the recovery and reuse of waste and we aim to recycle 60% of the water in the Company's plants around the world by 2026.
Fighting Climate Change
We are actively engaged in reducing the CO2 emissions associated with our manufacturing processes across our entire value chain and product range.
- Net zero carbon by 2040
- 50% reduction in absolute CO2 emissions by 2030* in our plants
- 100% of electricity to be derived from renewable sources in our plants
* compared to 2019
Together with other companies from around the world, we have signed The Climate Pledge, where we commit to reaching net zero carbon by 2040, ten years before the target set by the Paris Agreement.
The starting point is our business and energy use - Scopes 1 and 2 - where we have set an intermediate goal of a 50% reduction compared to 2019 in absolute CO2 emissions by 2030. By then, our plants will only be using electricity derived from renewable sources as part of the RE100 initiative that we will join in early 2022.
Our plants have specific systems and processes aimed at reducing energy consumption and limiting the use of fossil fuels while favouring electricity from renewable sources.
We are also setting targets for significant areas within Scope 3 which includes the use of our products, logistics processes and suppliers. For example, we have launched initiatives to promote increasingly sustainable logistics processes which focus on technologies, procedures and activities to reduce emissions in transport, adopt intermodal solutions and optimise transport capacity.
Product Decarbonisation Strategy
Our goal is the decarbonisation of our products to help our customers reach their zero emission targets
How we are doing this
- 35% reduction in CO2 emissions per vehicle per km* from the use of our vehicles
- Setting emissions targets in line with the objective of a global warming limit of 1.5 degrees Celsius.
*compared to 2019
Our Company's decarbonisation goal is what drives the development of our product portfolio in the research and development of new technologies (e.g. biofuels, electric drives, hydrogen fuel cells, digitalisation, connectivity and automation), often in collaboration with partners, start-ups and expert third parties.
When it comes to emissions from our vehicles, we are aiming for a 35% in CO2 emissions per vehicle per km compared to 2019 - a target in line with the global warming limit of 1.5 degrees Celsius.
We have made great strides in connected, zero-emission vehicles and have projects underway to move forward at speed, either on our own where we have sufficient scale, or by sharing investments with our partners.
With regard to natural gas solutions, FPT Industrial has pioneered this technology for years, and it is currently the only zero-carbon solution available running on renewable biomethane with a total cost of ownership equal to or greater than diesel.
Diversity, Equity & Inclusion
Diversity goes hand in hand with new energy as a force capable of unleashing a potent mix of creativity and innovation.
When Diversity is combined with Equity and Inclusion, the result is a stronger company and more prosperous communities all over the world.
At Iveco Group, we strive to create an inclusive environment, where diversity is valued, and everyone is encouraged to fulfil their potential. Our aim is to create the best possible conditions for our employees to thrive, and for our customers and partners to engage with our business.
Our focus on maintaining an inclusive and engaged environment includes a number of targets that directly affect our people.
- 2026: 20% of women in management positions
- 2026: partnerships with 100% of key customers to improve working conditions and life balance for drivers
- 2026: +50% in number of students involved in education activities vs 2019, focusing on the jobs of the future
We respect human rights in everything we do
- Promotion of the principles in our Code of Conduct among our employees and by suppliers
- Adherence to human rights principles established in internationally recognised organisations
For us, respect for fundamental human rights is a prerequisite to the creation of long-term sustainable value for all our stakeholders.
The Company supports the protection of fundamental human rights in all its operations and seeks to promote respect for these principles by others where it has an influence, particularly contractors, suppliers and all other entities and individuals with whom it has a business relationship.
The Company will not establish or continue a relationship with any entity or individual that refuses to respect the principles of its Code of Conduct, including the protection of fundamental human rights.
The human rights principles adopted by Iveco Group are consistent with the spirit and intent of the United Nations (UN) Universal Declaration of Human Rights, the OECD Guidelines for Multinational Companies and the relevant Declaration on Fundamental Principles and Rights at Work of the International Labour Organization (ILO) and are in line with the Principles of the UN Global Compact.
We take a preventive and proactive approach to occupational safety in order to minimise the risk of injury in the workplace. We also ensure high safety standards on our products.
- To decrease the employee injury frequency rate by 40% (2026 vs. 2019)
- To have advanced driver assistance technology embedded in all new vehicles sold in Europe by 2026
To ensure optimal working conditions, we are applying industrial hygiene and ergonomics principles to processes at both an organisational and operational level.
Our goal is to reduce the employee injury frequency rate in the manufacturing and non-manufacturing perimeter by 40% (2026 vs. 2019).
With regard to safety, we aim to have advanced driver assistance technology embedded in all new vehicles sold in Europe by 2026 so that both drivers and those around them will be protected. In order to spread the safety culture to all our customers, all our dealership staff will be involved in safety training sessions on our product portfolio.