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• MATERI’ACT will propose materials with up to 85% CO2 reduction versus current materials.
• The new entity brings more than 10 years of expertise in formulating and processing recycled and bio-sourced materials, including experience in variability management.
• Feedstocks secured with key partnerships (e.g Veolia for recycled plastics).
• Over €2bn sales in 2030.

Faurecia, as part of the FORVIA Group, is on the path to carbon neutrality by 2045* - the first French and the first worldwide automotive company to be certified with the new SBTi Net Zero standard. Getting there means increasing our use of renewable and bio-sourced materials. Non-animal leather is a great example of how we are translating our sustainability ambition into innovative materials with a significantly reduced carbon footprint.

Understanding what’s important to people behind the steering wheel is important for the onboard experience, especially when you’re driving a 40-tonne truck for 8 hours a day. At Faurecia, we’re now applying our seating expertise from passenger cars to trucks. As for all our innovations, this is user-driven, including asking truck drivers about their onboard habits, priorities and desires.

- Strong organic sales outperformance of +960bps
- Resilient performance with operating margin of 3.7% of sales & net cash flow of €102m
- Confirmed full-year 2022 guidance
- Integration of HELLA on track

• “Zero Emission Valley” is the leading renewable hydrogen mobility project in France for professional fleets.
• 1 200 vehicles and 20 refilling stations deployed by 2024
• Co-financed with EU funding, Michelin, ENGIE, Auvergne-Rhône-Alpes region and their partners are steering the project through the company HYmpulsion.

Faurecia, part of the FORVIA Group, has been recognized in this year's German Innovation Award in the "Excellence in Business-to-Business" competition category: Faurecia Interiors' sustainable composite materials NAFILean-R and rCF NFPP received the "Winner" award in the "Automotive Technologies" category. With their use of natural fibers, these materials set standards in recycling and contribute to weight reduction in vehicle interiors and thus to a reduced carbon footprint in automotive construction. The German Innovation Award honors innovative achievements that break new ground through their added value.