Lightning Systems Reaccredited Under bp’s Advancing Low Carbon Program
LOVELAND, Colo., May 20, 2020 – Lightning Systems, a leading developer of zero-emission powertrains, today 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 quite notable. bp estimates that 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.
About Lightning Systems
Lightning Systems designs and manufacturers zero-emission all-electric powertrains for commercial fleets – from Class 3 Ford Transit vans to Class 6 work trucks, Class 7 city buses, and Class 8 motor coaches. All Lightning products are available today. The Lightning team works with forward-thinking fleets to provide the right electric powertrain on the right chassis in the right drive cycle, with a full suite of telematics, analytics, and charging solutions to maximize energy efficiency. To learn more, visit www.lightningsystems.com.
About bp’s Advancing Low Carbon Program
bp’s Advancing Low Carbon accreditation program is designed to encourage bp and its partners to identify lower carbon opportunities. The ALC program aims to support bp’s low carbon ambitions to:
- Reduce emissions in their own operations;
- Improve their products to help customers lower their emissions; and
- Create low carbon businesses.
To be recognized within the program, each activity must deliver what bp describes as a better carbon outcome, and meet a set of stringent criteria developed by bp. The program’s external assurance provider, Deloitte LLP, assesses the program and criteria and independently assures the accreditation of the activities and greenhouse gas (GHG) savings or offsets within the program. To learn more, go to: https://bp.com/advancinglowcarbon.