Strategy

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As a standalone company since October 2022, Accelleron has sought to make sustainability an integrated part of the business strategy. Our approach ensures that key relevant environmental, social and governance (ESG) concerns are recognized and managed. Accelleron is committed to building a culture in which all employees collaborate on and drive progress in sustainability as an integrated part of our business.

Our sustainability strategy was developed after conducting a materiality assessment in 2022. This assessment included extended interviews with more than 40 internal and external stakeholders. The results enabled us to develop our first materiality matrix.

Our 3P approach

In our sustainability strategy, material topics are represented by three pillars: People, Products & Services and Planet. We call this our 3P approach.

Each of the three pillars represent our measurable sustainability targets:

Topic
Health and safety

Target
Reach LTIFR 1.7 (per 1 million hours worked) by 2030.

Results in 2025
2.88

Progress against target

Delayed

Topic
Employee development

Target
By 2026, every employee to have at least two working days as training per year (16 hours per year).

Target new
By 2030 every employee to have at least 24 hours learning per year.

Results in 2025
17

Progress against target

Target achieved and new target set

Topic
Inclusion and diversity.

Target
Women make up 25% of senior management by end of 2025.

Target new
Increase female leaders on all levels from 13% in 2025 to 17% in 2035.

Results in 2025
25%

Progress against target

Target achieved and new target set

Topic
Local community

Target
Have at least one project that gives back to the community per year per local unit, starting 2027.

Results in 2025
With 77 projects in 33 countries, we have projects in 61% of the countries in which we operate.

Progress against target

On track

Topic
Responsible innovation

Target
Portfolio ready for future carbon-neutral fuels like methanol, ammonia, and hydrogen, by 2030, scalable and ready to sell in production.

Results in 2025
Accelleron products have been released for sales in eight relevant carbon-neutral fuel and application market combinations.

Progress against target

On track

Topic
Responsible supply chain

Target
100% of direct material suppliers in high-risk countries audited according to sustainability criteria by end 2028; 80% of direct material suppliers to have business continuity plans including climate risk by 2030.

Results in 2025
21% of direct material suppliers in high-risk countries have been audited.
37 suppliers have been contacted for testing the approach with which we want to evaluate the business continuity plans for climate risk integration.

Progress against target

On track

Topic
Circular economy

Target
We will work with our customers and sharpen our offerings to increase the volume and number of OEM service agreements with remanufacturing or repair solution.

Results in 2025
In 2025, we delivered 4,623 turbochargers under an OEM service agreement with remanufacturing or repair solutions, a year-on-year increase of more than 20%.

Progress against target

On track

Topic
Environmental impact of our operations and our products

Target
Science based near-term climate targets, validated by the Science Based Target initiative (SBTi)
Scope 1 and scope 2: - 50% by 2030 vs 2023
Scope 3: - 25% by 2030 vs 2023

Results in 2025
In 2025, Scope 1 and 2 decreased by 11% in comparison to 2023. In 2025, Scope 3 increased by 41% in comparison to 2023.

Progress against target

Delayed

Topic
Environmental impact of our operations

Target
3 % reduction in “bought electricity/revenues” by 2030 vs. 2024.

Results in 2025
In 2025, we decreased purchased electricity intensity by 13% in comparison to 2024

Progress against target

Achieved

Topic
Environmental impact of our operations

Target
Move all service sites to more water-efficient cleaning processes by 2026.

Results in 2025
In 2025, 64% of all service sites had established water-efficient cleaning processes.

Progress against target

Delayed

Topic
Circular economy

Target
Zero waste to landfill and 90% waste recycling rate for non-hazardous waste by 2030. ¹

Results in 2025
In 2025, we increased year-on-year the amount of non-hazardous waste going to landfill to 55 metric tons and increased the recycling rate of non-hazardous waste to 89%, excluding US, Middle East and Africa.

Progress against target

Delayed

1. Excluding US, Middle East, and Africa.

These targets have been cascaded down through our organization.

Our strong focus on sustainability is also reflected in our bonus programs. We have a sustainability target which accounts for 10% of the annual bonus for all employees eligible for the corporate short-term incentive plan. These targets are derived from the Company’s sustainability targets related to priority topics and key sustainability initiatives for each department which employees work towards, such as LTIFR targets, waste reduction programs, or leading or participating in initiatives that give back to the communities in which we operate. In our Long-Term Incentive (LTI) for Senior Management up to and including the grant 2025, we have an ESG target with a weight of 20% for plan participants. As of the grant 2026, we will pause the ESG target in the LTI, while it will be more prominently reflected in our Short-Term Incentive (STI) for the relevant Senior Executives to reflect key sustainability commitments in terms of health and safety and climate. As part of our initiatives, we organized sustainability awareness sessions for our management positions in 2024 and 2025.

UN Sustainable Development Goals

Our targets contribute directly to the achievement of seven of the United Nations’ Sustainable Development Goals:

Those selected goals are

• SDG 3: Good health and well being

• SDG 4: Quality education

• SDG 5: Gender equality

• SDG 7: Affordable and clean energy

• SDG 9: Industry, innovation and infrastructure

• SDG 12: Responsible consumption and production

• SDG 13: Climate action

Annual Report 2024

Sustainability at the core

People at Accelleron work together to strengthen social and environmental impacts. Sustainability principles play an integral part in the company’s business.

Read our annual report