STUTTGART: In a bid to reduce CO2 emissions in its supply chain, Porsche has mandated 1,300 suppliers use only renewable energy in manufacturing its components. Failure to comply is not an option if they want the business.

Under a billion Euro programme, the company wants to be CO2-neutral across the entire value chain by 2030. At the moment its supply chain produces 20 percent of total GHG emissions.

"By using only renewable energy sources, our suppliers are following our example in our efforts to reach CO2-neutrality,” explained Uwe-Karsten Städter, member of the Executive Board for Procurement. “We plan to have even more intensive talks with our partners in order to drive forward improvements in our sustainability. It is only by working together that we will be able to combat ongoing climate change."

Porsche has already achieved CO2 neutrality for operations in Leipzig, Stuttgart and at its nearby development centre in Weissach.