Thursday May 21, 2020 0 comments
LOVELAND -- Lightning Systems, a leading developer of zero-emission powertrains, announced it received reaccreditation under bp’s Advancing Low Carbon (ALC) program.
The ALC program was created by bp to encourage bp and its partners to identify lower carbon opportunities. Activities within the program include everything from low carbon products to global research initiatives to partnerships with startups developing innovative new technologies.
Case studies of all 76 accredited activities were published March 27 on bp.com/advancinglowcarbon, timed to coincide with the publication of bp’s annual Sustainability Report.
“bp’s Advancing Low Carbon program encourages every part of bp to pursue lower carbon opportunities, which includes investments in low carbon technologies,” said Heath Morrison, bp ventures principal and a board director of Lightning Systems.
“This accreditation recognizes Lightning’s commitment to deliver better carbon outcomes by driving fleet efficiency through their commercial vehicle powertrains.”
bp became an investor in Lightning Systems in 2014. To be considered for accreditation, Lightning had to meet the program’s criteria and requirements.
Activities within the program undergo a stringent review of their application by a team of experts, review by an external advisory panel, and the program is assured by a third party, Deloitte LLP.
“Our team is delighted to be reaccredited by bp,” said Lightning Systems CEO Tim Reeser. “We work extremely hard every day to design and build elegantly engineered, zero-emission powertrains.
“Providing our customers with vehicles that help them to lower their overall carbon footprint, while getting jobs done is what we do. We’re extremely proud to be in this business and to be recognized.”
The impact that activities accredited by the ALC program have had on emission reductions is notable. bp estimates 64 million tons of CO2 equivalent have been saved or offset through activities delivered by bp, and 5.4 million tons through activities delivered by bp partners since the program began in 2017.