According to the Volvo Group’s sustainability objectives, Volvo Penta announced that the company will focus on the development of inboard and sterndrive lines, working towards greater fuel efficiency and zero emissions from hybrid, electric, and renewable fuels.
To become a zero-emission company by 2050 at the latest: this is the Volvo Group’s commitment, immediately embraced by the Volvo Penta division, a leader in the construction of marine engines and propulsion systems. In order to maintain maximum transparency on the progress made, the company is now committed to the Science Based Targets initiative, promoted by the non-profit World Resources Institute, which aims to help companies transition to a low emission economic profile through the reduction of greenhouse gas emissions. Targets and roadmaps will be established during 2021.
“We welcome this increased focus throughout the Volvo Group. We will support these goals by intensifying our continuous efforts and resources towards developing sustainable solutions,” said Volvo Penta Chairman Heléne Mellquist. “These efforts also include our exclusive Volvo Penta IPS and sterndrive ranges.”
Sustainability and comfort on board
Another area on which Volvo Penta continues to focus is that based on the Easy Boating philosophy, focused on the customer experience, and projected towards the boating of the future. This includes not only harnessing the benefits of sustainable technologies, but also automation and connectivity to further improve life on board.
As a result of this accelerated transformation process, the company will put the development of its outboards on hold.
Volvo Penta will stop selling and marketing Seven Marine engines (as of January 1, 2021) – as well as gradually cease production once customer demand is met. However, the company will continue to support the current outboard customer base by taking full responsibility for warranty and spare parts for products in the field.
“We want to send a clear message,” says Mellquist. “Volvo Penta anticipates that the outboard segment will continue to be relevant to the recreational boating market, but we believe that the unquestionable need to drive progress in sustainable technology should be our primary focus. For this reason, for the time being, the exploration of new technologies together with the development of our core business, such as Volvo Penta IPS and sterndrive, will be the focus of our efforts.”
(Volvo Penta, towards greater sustainability – Barchemagazine.com – November 2020)