Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Resource Use & Circular Economy
• Waste Management
• Environmental Protection
• Corporate Culture & Business Conduct
• Our Workforce
• Adequate Working Conditions
• Training & Education of Our Workforce
• Health & Safety of Our Workforce
• Community Engagement
• Supply Chain Workforce
• Sustainability Governance Structure
• Policies & Practices
• Procurement Practices
• Supply Chain Monitoring & Auditing
• Anti-Corruption

Environmental Achievements

• Received an A minus CDP score for 2023 for climate change.
• Increased global procurement of recycled resin by 14% vs. 2022.
• Developed 23 new sustainable materials in-house in 2023 (including recycled and bio-based materials).
• Introduced a low-carbon seat concept, Reco Seat, which provides a 40% improvement in product carbon emissions vs. conventional seating.
• Compression Hybrid Molded (CHyM) process used in more than 14 million interior products globally and helped save 3.3 million kilograms of plastics.
• 38% of global energy consumption uses green energy.

Social Achievements

• Supported 79 local non-profit organizations around the world.
• Employees helped to raise more than $318,000 to support charitable organizations and activities.
• 92 sites ISO 45001 -certified, compliant for Operational Health & Safety.
• Total EHS Prevention Action Rate increased 5% compared to 2022.
• 441 employees participated in Yanfeng’s global leadership development programs.
• Management awarded 41 individual employees and 25 internal teams with the highest honor of distinction for the 2023 annual awards.

Governance Achievements

• Seating and Safety Systems business units defined two new Global Sustainability Council members.
• 11 auditors are trained and certified to conduct assessment for the Responsible Supply Chain Initiative (RSCI) in Asia-Pacific, Europe, and North America.
• Spent $178 million with third-party-certified minority-owned suppliers in North America (13% of total global procurement spend).

Climate Goals & Targets

Environmental Challenges

• Global challenges in the automotive industry.
• Ensuring supplier compliance with human rights and environmental standards.
• Achieving greater transparency in the supply of materials and parts.
• Managing risks in the supply chain, especially concerning ESG factors.
• Consumer acceptance of visible green interior products.

Mitigation Strategies

• Anchored sustainability within innovation and customer quoting process.
• Trained 11 Yanfeng auditors in North America, Europe, and Asia-Pacific, certified to audit suppliers globally with a focus on human rights.
• Implemented the Responsible Supply Chain Initiative (RSCI).
• Uses Prewave AI software to monitor supply chain risks.
• Offering a variety of sustainable materials and weight-saving solutions to customers.
• Conducting consumer studies on acceptance of sustainable materials.

Supply Chain Management

Supplier Audits: 100%

Responsible Procurement

• Partner Code of Conduct
• ISO 14001 and ISO 45001 certifications
• UN Global Compact’s Ten Principles
• Sustainability self-assessments (replaced by NQC in 2024)
• RSCI assessments

Climate-Related Risks & Opportunities

Opportunities

• Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI, CDP, SBTi, RSCI, UNGC

Certifications: ISO 14001, ISO 45001

Third-party Assurance: KPMG (limited assurance for Corporate Carbon Footprint)

Sustainable Products & Innovation

• Reco Seat
• CHyM products

Awards & Recognition

• CDP Climate Leadership Award
• Gasgoo Award
• MMSDC Corporation of the Year Award
• WBNC Excellence in Supplier Diversity Award
• Top Employer in China Award