Workhorse Holdings Corp. Sustainability Profile
Workhorse Holdings Corp., a prominent player in the electric vehicle industry, is headquartered in the United States. Founded in 2010, the company has made significant strides in developing sustainable transportation solutions, particularly for the commercial sector. With a focus on last-mile delivery vehicles, Workhorse is renowned for its innovative electric delivery vans and drones, which are designed to enhance efficiency and reduce carbon emissions. Operating primarily in the North American market, Workhorse Holdings has established itself as a leader in the transition to electric mobility. The company’s unique approach combines advanced technology with a commitment to sustainability, positioning it favourably within the competitive landscape. Notable achievements include successful partnerships and a growing fleet of electric vehicles, underscoring its dedication to revolutionising the logistics and delivery industries.
DitchCarbon Score
How does Workhorse Holdings Corp.'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Workhorse Holdings Corp.'s score of 11 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Workhorse Holdings Corp., headquartered in the US, currently does not have specific carbon emissions data available for the most recent year. The company is a current subsidiary of Westinghouse Air Brake Technologies Corporation, which may influence its climate commitments and emissions reporting. As of now, Workhorse Holdings Corp. has not established any documented reduction targets or specific climate pledges. The absence of emissions data and reduction initiatives suggests that the company is still in the early stages of developing its climate strategy. Given its affiliation with Westinghouse Air Brake Technologies Corporation, any potential emissions data or climate commitments may be inherited from this parent company. However, specific figures or targets from Westinghouse Air Brake Technologies Corporation have not been disclosed in this context. In summary, while Workhorse Holdings Corp. is positioned within a larger corporate family that may have climate initiatives, it currently lacks detailed emissions data and defined reduction targets.
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| 2019 | 2020 | 2021 | 2022 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | 00,000,000,000 | 00,000,000,000 |
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Workhorse Holdings Corp.'s Scope 3 Categories Breakdown
Workhorse Holdings Corp.'s Scope 3 emissions, which increased by 5% last year and increased by approximately 5% since 2022, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 100% of Scope 3 emissions.
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Workhorse Holdings Corp.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Workhorse Holdings Corp. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
