Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Governance
• Supply Chain
• People
• Products

Environmental Achievements

• Reduced overall energy consumption by 1.5% compared to the base year 2019.
• Saved four tons of CO2-equivalent from gas processes and 47 tons of CO2-equivalent from electrical processes compared to the base year 2019.
• Significantly reduced emissions in Germany, Austria, America, and the Czech Republic through the use of green energy.

Social Achievements

• Implemented a Mubea Corona Exit Strategy to protect employee health during the pandemic.
• Low level of group-wide average monthly employee turnover (1.4%).
• Established a global educational standard for its management team.

Governance Achievements

• Established a Governance & Compliance Process (Compliance Management System, CMS).
• Appointed ombudsmen to encourage reporting of non-compliance.
• Increased the total number of supplier audits to 473 in 2021.

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions due to the war in Ukraine and the COVID-19 pandemic.
• Increasing water stress in several locations worldwide.
• Achieving carbon neutrality and becoming climate positive by 2035.

Mitigation Strategies

• Implemented contingency plans to address extreme weather events and supply chain disruptions.
• Analyzing water consumption and implementing solutions for water reuse and reduction.
• Focusing on preventing emissions through energy efficiency, low-carbon technologies, and green electricity; reducing emissions from difficult-to-decarbonize processes; and utilizing carbon offsets.

Supply Chain Management

Supplier Audits: 473/year

Responsible Procurement

• Supplier Code of Conduct
• Sustainability criteria in supplier approval process
• Self-assessment questionnaires for suppliers
• Independent supplier audits

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather conditions

Transition Risks

• Market and regulatory changes

Opportunities

• Increased demand for lightweight BEV components.

Reporting Standards

Frameworks Used: GRI

Certifications: IATF 16949, DIN EN ISO 9001, DIN EN ISO 14001, DIN EN ISO 50001, ISO 45001, ISO 27001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Mubea is actively contributing towards twelve of the seventeen UN Sustainable Development Goals.

Sustainable Products & Innovation

• Lightweight chassis and body solutions
• Efficient powertrain products
• Electric Cargobike
• XBoard

Awards & Recognition

• Best-Places-to-Work designation (Mubea Mexico Celaya)

Environmental Metrics

ESG Focus Areas

• Climate Change
• Resource Use and Circular Economy
• Workforce
• Supply Chain
• Governance and Compliance

Environmental Achievements

• Increased green electricity share to 59% in 2023 from 2% in 2019.
• Reduced GHG emissions intensity by 38% from 2019 to 2023.
• Reduced water withdrawal intensity by 18% from 2022 to 2023.
• 98% of non-hazardous waste reused or recycled in 2023.
• 51% of hazardous waste reused or recycled in 2023.

Social Achievements

• Low employee turnover of 1.5% average monthly.
• Implemented a global dual apprenticeship program.
• 100% of new suppliers in 2023 disclosed their social and environmental standards.
• Improvement actions implemented for 5 suppliers with social sustainability deficits and 17 with environmental deficits.

Governance Achievements

• Implemented the German Due Diligence Supply Chain Act.
• Rolled out a global electronic grievance system.
• Published a policy statement in accordance with the Supply Chain Act.
• Successful legal actions against an Asian competitor for intellectual property infringement.

Climate Goals & Targets

Environmental Challenges

• Economic disruption and weak global economy.
• Rapid shift in automotive technology towards fully electric vehicles.
• Increasing frequency of devastating natural disasters.
• High proportion of water withdrawals from regions with high water stress (25%).
• Achieving ambitious growth targets while meeting sustainability goals.
• Unstable international and governmental regulations posing financial risks.

Mitigation Strategies

• Commitment to climate neutrality by 2035 and 25% emission reduction by 2025.
• Partnership with Stegra for CO2-free steel.
• Transition to 100% green electricity by 2025.
• Optimizing processes to reduce energy consumption (MEEP program).
• Expanding electric company car fleet and charging stations.
• Developing low-carbon products and expanding into BEV components and micromobility.
• Implementing a multi-faceted strategy addressing all three scopes of emissions.
• Implementing a Risk Management Process to identify risks of forced labor and child labor.

Supply Chain Management

Supplier Audits: 924/year

Responsible Procurement

• Supplier Code of Conduct
• Sustainability assessment of new suppliers
• Self-assessment questionnaires for suppliers
• Improvement actions for suppliers with sustainability deficits.

Climate-Related Risks & Opportunities

Physical Risks

• Devastating natural disasters

Transition Risks

• Unstable international and governmental regulations

Opportunities

• Growing demand for BEVs and lightweight products

Reporting Standards

Frameworks Used: GRI Standards

Certifications: ISO 14001, ISO 45001, IATF 16949, ISO 9001, DIN EN ISO 50001, ISO 27001, EN 9100

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Mubea's sustainability strategy actively contributes to twelve of the seventeen UN Sustainable Development Goals.

Sustainable Products & Innovation

• Lightweight chassis, body solutions, and powertrain products
• Flexible rotor shafts
• Integrated power brake
• Micromobility products (Cargobike, XBoard)
• Composite components for aviation

Awards & Recognition

• Best-Places-to-Work designations
• DBTB Award