São Paulo, Brazil, Sep 11, 2025 – Iochpe-Maxion’s net-zero targets have been officially validated by the Science Based Targets initiative (SBTi), confirming alignment with the climate action pathway of limiting global warming to 1.5°C and achieving net-zero emissions by 2050 or sooner.
The SBTi classified Iochpe-Maxion’s near-term Scope 1, 2 and 3 target ambitions as consistent with a 1.5°C trajectory. Additionally, the Company’s long-term Scope 1, 2, and 3 targets have been recognized as aligned with the SBTi’s 1.5°C mitigation pathways for reaching net-zero by 2050 or sooner.
Iochpe-Maxion’s climate commitments include:
By 2030
- Reducing absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 63.2% from a 2019 base year.
- Reducing absolute Scope 3 GHG emissions from purchased goods and services by 25% from the 2024 base year.
By 2040
- Reaching net-zero GHG emissions across the value chain, reducing absolute Scope 1 and 2 GHG emissions by 90% from a 2019 base year and absolute Scope 3 GHG emissions by 90% from a 2024 base year.
The SBTi validation is a significant milestone, as its approval is globally recognized as the gold standard for corporate climate targets, ensuring they are science-based, credible, and aligned with the Paris Agreement.
ABOUT IOCHPE-MAXION
Iochpe-Maxion is a global leader in automotive wheel production and a prominent manufacturer of automotive structural components across the Americas. The Company operates 33 manufacturing facilities across 14 countries and employs approximately 17,000 individuals. This extensive network enables Iochpe-Maxion to meet the quality, competitiveness, and delivery standards required by its customers worldwide.
Iochpe-Maxion operates its core business through Maxion Wheels and Maxion Structural Components. Maxion Wheels produces a wide range of wheels for passenger vehicles, commercial trucks and trailers, and specialty vehicle applications. Maxion Structural Components produces side rails, crossmembers, and assembled chassis for commercial vehicles, as well as structural assemblies for passenger vehicles. To learn more please visit Iochpe-Maxion’s website at www.iochpe.com.br