2025
Reducing our CO2
emissions by 30%
Environment
Under our Roadmap Zero initiative, we set ambitious goals to achieve net-zero emissions by 2040, in line with the Paris Climate Agreement’s objective of limiting global temperature rise to 1.5°C above pre-industrial levels. Recognizing that raw materials, energy, chemicals, and natural resources are essential to our manufacturing processes, we proactively implement measures to minimize consumption and mitigate environmental impact.
Our Roadmap Zero objectives include reducing Scope 1 and 2 CO2 emissions by 30% by 2025, 70% by 2030, and net-zero emissions by 2040, with an intermediate goal of achieving 100% renewable electricity usage by 2030, all compared to a 2019 baseline.
In addition to our decarbonization strategy, we implemented a suite of preventive measures to manage potential negative impacts to the environment. We strive to minimize waste, wastewater, water consumption, noise, and air emissions while also considering biodiversity, land use, deforestation, animal welfare, and soil and air quality in compliance with local regulations.
2030
Reducing our CO2
emissions by 70%
Increasing our use of
renewable electricity
to 100%
2040
NET ZERO
Figures vs. 2019 baseline
2025 and 2030 targets – Scope 1 and 2
2040 target – Scope 1, 2 and 3
Environmental Progress Dashboard 2024
0
GHG Intensity Emissions
vs. 2019 baseline (Scope 1 & 2 Market-Based) (tCO2e /kg prod.)
0
Use of Renewable
Electricity
0
Waste Diverted from Disposal
Latest News
Iochpe-Maxion Achieves Prestigious CDP ‘A’ Score for Environmental Leadership
Iochpe-Maxion has been recognized by the Climate Disclosure Project (CDP) for its leadership in corporate transparency and performance on climate change, securing a place on CDP’s respected annual Corporate ‘A’ List.
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Maxion Announces Strategic Actions to Serve Growing Demand for Light Vehicle Aluminum Wheels in South America
Iochpe-Maxion (B3: MYPK3) through its wheels business, Maxion Wheels, announced the strategic expansion of its light vehicle aluminum wheels business in South America with the redeployment of existing global assets to Brazil, and the acquisition of a 50.1% shareholding in Polimetal, a leading producer of aluminum wheels in Argentina.
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Iochpe-Maxion’s Net-Zero Targets Validated by SBTi
Iochpe-Maxion’s net-zero targets have been officially validated by the Science Based Targets initiative (SBTi)
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Maxion FUSION Combines Materials for Better Functionality and Added Value
Maxion FUSION Combines Materials for Better Functionality and Added Value
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