Scania will back the European Union plan to cut carbon emissions by 55% by 2030 as part of a cross-industry CEO Alliance.
As part of the alliance, 12 business leaders met in Paris to discuss ways to further support the EU Green Deal. The group believes that fighting climate change will require a collective effort by all EU member states and collaboration between the public sector and industry.
A strong carbon pricing signal on the European level is regarded as a key to achieving carbon neutrality by 2050 and cutting greenhouse gas emissions to 55 percent of 1990 levels by 2030.
As the EU Commission prepares to present its Fit for 55 legislative package, the European CEO Alliance has issued policy recommendations supporting a progressive and ambitious push to achieve climate neutrality.
The Alliance said it would welcome a review of the EU’s major regulatory instruments, in particular subsidies for technologies with high CO2 emissions.
The group’s proposals include sending a strong carbon pricing signal, accelerating measures to decarbonise mobility and transport, buildings and energy systems, speeding up the renewal of key industry sectors in the EU.
“Scania is fully committed to the Paris Agreement and the climate goals of the EU Commission,” said Christian Levin, chief executive at Scania.
“We see the road to a sustainable transport system clearly now through biofuels and electrification. The investments in infrastructure are coming and if we can add the dimension of a price on carbon, we will boost the green options and make the fossil ones less attractive,” he said.
“The science is clear and the time to act for both companies and policy makers is now.”
The CEO Alliance brings together 12 executives from the energy, transport and technology industries: Björn Rosengren (ABB), Thierry Vanlancker (AkzoNobel), Francesco Starace (ENEL), Leonhard Birnbaum (E.ON), Börje Ekholm (Ericsson), Henrik Henriksson (H2GreenSteel), Ignacio Galán (Iberdrola), Frans van Houten (Philips), Christian Klein (SAP), Christian Levin (Scania), Jean-Pascale Tricoire (Schneider Electric) and Herbert Diess (Volkswagen). McKinsey & Company is serving as a knowledge contributor for the CEO Alliance and is providing additional research and data.
