Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Diversity & Inclusion
• Employee Engagement
• Responsible Supply Chain
• Business Ethics

Environmental Achievements

• Launched CO2 neutral program, validated by SBTi, aiming for CO2 neutrality for scopes 1 & 2 by 2025 and controlled emissions (scope 3 excluding vehicle emissions) by 2030.
• Invested €13.5m in environmental protection, 67% for energy efficiency.
• 79% of sites certified ISO 14001.
• Reduced GHG emissions intensity to 47 tons CO2e/€m sales (scopes 1 & 2).
• Reduced energy intensity to 120 MWh/€m sales, with 15% renewable energy.
• Reduced waste treatment intensity to 13.5 tons waste/€m sales.

Social Achievements

• Launched Faurecia Foundation supporting employee projects in education, mobility, and environment.
• Improved employee engagement index to 76%, up 12 points from 2019.
• Increased female Managers & Professionals to 25.1%, up from 24.4% in 2019.
• Reduced safety incidents (FR1t) by 22% to 1.60.
• Provided 10 million masks and other PPE during the COVID-19 pandemic.
• 19.2 hours of training per employee.

Governance Achievements

• 46% female board members.
• 9 independent board members out of 13.
• 95% of managers & professionals trained on Code of Ethics.
• Implemented Faurecia Enterprise Risk Management Program (ERM).

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic and its impact on automotive production and supply chain.
• Climate change and the need to reduce greenhouse gas emissions.
• Maintaining operational efficiency and resilience during the crisis.

Mitigation Strategies

• Developed and implemented a “Safer Together” protocol for employee health and safety.
• Ensured liquidity and managed a rapid ramp-up of production in the second half of 2020.
• Launched CO2 neutral program and partnered with Schneider Electric to achieve CO2 neutrality in operations by 2025.
• Accelerated several initiatives to lower the breakeven point, including Global Business Services and R&D efficiency program.
• Strengthened relationships with customers and suppliers.

Supply Chain Management

Supplier Audits: 87% of Tier-1 suppliers CSR screened by Ecovadis

Responsible Procurement

• CSR screening of suppliers
• Initiatives to support supplier liquidity during the pandemic.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: SBTi

Certifications: ISO 14001 (79% of sites)

UN Sustainable Development Goals

• 11 SDGs (not specified)

Faurecia contributes to 11 UN Sustainable Development Goals through its sustainable development actions and operations.

Sustainable Products & Innovation

• NAFILean® family of materials (CO2 negative)
• NFPP family of materials (50% weight reduction, halved CO2 emissions)

Awards & Recognition

• General Motors Supplier of the Year Award
• Ford World Excellence Award
• Cummins COVID-19 outstanding supplier award
• German innovation award for Trenza
• Japan Institute of Design Promotion’s (JDP) Good Design Award 2020

Environmental Metrics

ESG Focus Areas

• Climate Change
• Diversity & Inclusion
• Responsible Governance
• Circular Economy
• Supplier Sustainability

Environmental Achievements

• FORVIA became the first automotive company with a net-zero target approved by the SBTi.
• Reduced CO2 emissions scope 1 & 2 by achieving 0.83 MtCO2eq in 2022 (Faurecia data).
• Achieved 21.6% share of revenues aligned with the Green Taxonomy.
• 7% of FORVIA’s global electricity needs covered by on-site PPAs with Engie and EDP.
• 2/3 of FORVIA’s European electricity consumption covered by off-site PPAs in Sweden.
• Created MATERI’ACT, a new division to develop sustainable materials with up to 95% CO2e reduction.

Social Achievements

• Launched the FORVIA Foundation, supporting projects in mobility, environment, and education.
• Increased percentage of women among the Top 300 leaders to 23%.
• Increased percentage of women managers and skilled professionals to 27.3%.
• 15% of employees involved in local projects.
• 22.9h average training hours per employee.

Governance Achievements

• Established a “Governance, Nomination & Sustainability” Board Committee.
• 75% of Board members are independent.
• Executive compensation linked to ESG criteria (gender diversity and CO2 emissions).

Climate Goals & Targets

Environmental Challenges

• Reducing scope 3 emissions (from purchased goods and services).
• Ensuring supplier compliance with sustainability standards.
• Maintaining employee engagement during a period of transformation.

Mitigation Strategies

• Developed a CO2 neutrality roadmap with SBTi approval.
• Implemented a robust supplier assessment process using EcoVadis.
• Invested in employee training and development programs.

Supply Chain Management

Supplier Audits: 93% of direct purchasing volume assessed for sustainability performance in 2022.

Responsible Procurement

• Code of Conduct for suppliers.
• EcoVadis assessment for suppliers.
• Conflict minerals reporting.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Regulatory changes
• Market shifts

Opportunities

• Development of energy-efficient products
• Hydrogen and battery technologies

Reporting Standards

Frameworks Used: GRI, SASB, TCFD

Certifications: ISO 14001, ISO 9001, IATF 16949, SBTi Net-Zero Standard

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Goal 3
• Goal 6
• Goal 7
• Goal 8
• Goal 10
• Goal 11
• Goal 12
• Goal 13
• Goal 17

FORVIA's initiatives contribute to these goals through various environmental, social, and governance programs.

Sustainable Products & Innovation

• MATERI’ACT materials
• Eco-designed seats and interiors
• Hydrogen storage systems
• Battery management systems
• E-mirrors
• Exhaust Heat Recovery Systems

Awards & Recognition

• EcoVadis Award
• General Motors Supplier of the Year Award
• CDP Supplier Engagement Leader

Environmental Metrics

ESG Focus Areas

• Governance
• Planet
• Business
• People

Environmental Achievements

• Reached 70% renewable energy share across Europe
• Inaugurated first net-zero plant in Fengcheng, China
• Reduced CO2 emissions scopes 1 & 2 by 26% from 2019 to 2023
• Reduced waste intensity by 28% and water intensity by 31% from 2019 to 2023
• Achieved 24.9% share of revenues aligned with the green taxonomy

Social Achievements

• 27% of women among the top 300 leaders (FORVIA SE data)
• 28.6% of women among managers and skilled professionals (FORVIA SE data)
• 97% of targeted employees trained in the Code of Ethics
• 15% of employees involved in local societal actions (FORVIA SE data)
• 26.9 training hours per employee per year (FORVIA SE data)

Governance Achievements

• 83% independent Board members
• 42% of Board members are women
• ESG criteria linked to remuneration (gender diversity and CO2 emissions)
• Established a ‘Governance, Nominations & Sustainability’ Board Committee

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions
• Regulatory developments and geopolitical tensions
• Climate transition and its impact on the economy
• Reducing CO2 footprint from products (scope 3)

Mitigation Strategies

• Developed alternative sourcing strategies
• Integrated extra-financial risks into Group risk mapping
• Developed three prospective climate-based scenarios
• Implemented an internal CO2e price (€100/tCO2e)
• Developed sustainable materials, eco-design, and lifecycle analysis of vehicles

Supply Chain Management

Supplier Audits: 84% of direct purchasing volume assessed for CSR performance (including top 200 suppliers in HELLA’s panel)

Responsible Procurement

• Code of Conduct for suppliers
• EcoVadis assessments
• Conflict minerals regulations compliance

Climate-Related Risks & Opportunities

Physical Risks

• Climate hazards at sites

Transition Risks

• Regulatory changes, market shifts

Opportunities

• Development of energy-efficient products
• Hydrogen technologies
• Battery electric vehicles

Reporting Standards

Frameworks Used: GRI Standards, Core option, SASB, TCFD

Certifications: ISO 14001, ISO 9001, IATF 16949, ISO 45001, SBTi Net-Zero Standard

UN Sustainable Development Goals

• Goal 6
• Goal 7
• Goal 8
• Goal 10
• Goal 11
• Goal 12
• Goal 13
• Goal 17

FORVIA's initiatives contribute to these goals through various actions detailed in the report.

Sustainable Products & Innovation

• Sustainable materials (MATERI’ACT)
• Eco-designed seats and interiors
• Hydrogen storage systems
• Battery components
• E-mirrors
• Exhaust Heat Recovery System