Acting NOW to protect our shared planet  - Sustainability and Social Responsibility Report 2022

Climate change is one of the most significant challenges of our time. We lead by example, not only in the clean-energy technologies and products that we deliver, but also in how we operate our business — all with a focus on improving the environment.

We help build a better future for everyone we encounter and the planet that enables us to do our work.

Powering innovation.
We have navigated through more than a century of vehicle evolution and have helped to shape the electrification revolution for decades. Half of our new business backlog through 2024 comes from manufacturing next generation e-Propulsion systems and other clean-energy solutions.

We’re proud to be the only supplier with the in-house capabilities necessary to deliver all the elements of a complete, fully integrated electrified system — across all mobility markets — anywhere in the world.

Being better.
We’re reducing our Scope 1 and 2 annual greenhouse gas (GHG) emissions by more than 50 percent by 2030.
  • By lowering our overall energy consumption.
  • By driving efficiency improvements across our operations.
  • By sourcing renewable energy from on-site solar arrays around the world.
  • By entering into a renewable energy purchase agreement that will reduce 90 percent of our current United States annual electricity GHG emissions.
  • By working collaboratively with our suppliers to drive sustainability improvements across our global supply chain.

Advancing together.
By delivering the clean-energy technologies powering vehicles and machines around the world, we are supporting our customers to achieve their sustainability priorities, while also reducing our global Scope 3 GHG emissions.

Driving transparent, verifiable claims.
We are committed to openly disclosing our ESG commitments and progress, and to being led by science-based methods. We are an industry leader, partnering with the world’s foremost organizations to report on our climate impact actions.

By joining the Science Based Targets initiative and the Carbon Disclosure Project, we collaborate with others for the greater good and look forward to continuing our work with customers, suppliers, and others toward a sustainable future.

Supporting our vision.
We have strategically invested and continue to invest to secure unparalleled technical competence in designing, engineering, and manufacturing the components of a complete e-Propulsion system in-house.

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