Faurecia’s vision and strategy for CO2 Neutrality

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Faurecia’s vision and strategy for CO2 Neutrality

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Acting now for future generations

Environmental challenges, including climate change, pose an ever-greater risk to humanity and the health of our planet. We are all experiencing the disruptive impact of global warming, and this will become more extreme if we do not act today.

At FORVIA we believe that companies should make a positive contribution to society. When it comes to the environment, that means working towards the Paris Agreement’s aim to limit the increase in global warming to 1.5°C. Significantly reducing CO2 and other greenhouse gas emissions is essential to reaching this aim, and governments, companies, and civil society organizations must act together, now.

As such, we have engaged in a company-wide CO2 neutrality plan in 2019. Since the creation of FORVIA, we have established a common net zero target with HELLA. We aim to become CO2 neutral in our operations by 2025 (scopes 1 & 2), and to reduce all scope 3 emissions by 45% by 2030. We have committed to reach CO2 Net Zero by no later than 2045. 

While ambitious, we have developed this roadmap based on rigorous and conclusive scientific facts. In June 2022, we became with HELLA the first automotive group to be certified with the new SBTI Net-Zero Standard

This is our company’s longest-running strategic objective, and it touches on all aspects of our operations and business. Through this program, we want to both reduce our environmental impact and create long-term value across our entire supply chain.

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Our plan is ambitious but realistic. To achieve it, we have mobilized all the resources of FORVIA, together with our ecosystem of partners and the entire value chain, in particular our suppliers and our customers. We want to be a leader in this transformation, we want our industry to change. We will collectively act for that, today and every day.

Auteur
Rémi Daudin
Fonction de l'auteur
Sustainable Materials and Sustainable Transformation Vice President
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FORVIA zero CO2 emissions strategy
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FORVIA zero CO2 emissions strategy
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An ambitious roadmap with two key milestones

In 2020, our CO2 footprint went to 7.8 M tons within the area controlled by the Group. Purchased goods and services, upstream and downstream transportation, and purchase of electricity constituted the majority of our controlled emissions. Steel and plastics on their own represent 50% of our COemissions.

In 2025 we will be CO2 neutral in our internal emissions: this includes direct emissions from our controlled facilities, and indirect emissions from energy procured. These are known as scopes 1 and 2 respectively. 

To that end, in 2020 we built a first partnership with Schneider Electric, a leader in digital transformation of energy management and automation, to accelerate CO2 neutrality in our direct and indirect emissions (scopes 1 and 2).

In 2021, we have also selected Engie to become our long-term partner to support us in this journey, enabling a 15% reduction of energy consumption, through energy saving solutions deployed across more than 100 of our sites worldwide.

Early 2022, we have contracted Engie and Energias de Portugal to install solar panels in 150 plants and 22 countries for a capacity of 100 MWp, leading to an expected electricity self-production of more than 7%.

By 2030 we will converge towards CO2 neutrality (-46%) for all our controlled emissions (scope 3 excluding the CO2 emissions associated with the use phase of our products). This includes both upstream emissions (such as purchase of materials and services and embedded emissions in our buildings and equipment) and downstream emissions (waste disposal and transportation for example).

For all scopes we aim to reach net zero by 2050 at the latest, including for the cars we equip...

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Guiding principles: use less, use better and use longer

Three principles shape our approach to CO2 neutrality: using less, using better and using longer. Our ambition requires us to critically evaluate and rethink how we design, manufacture, distribute and dispose of our products. We need to gradually move away from a “take, make and waste” paradigm in favor of a circular economy.

In scopes 1 and 2, this involves considering ways to reduce energy consumption, and using renewable energy procured through Power Purchasing Agreements adding to existing local capacities, where the market allows.

In scope 3, initiatives to use less are being developed further, notably through lean architecture and software. Product revolution is based on innovation in materials (green steel, as well as increasing the share of recycled, bio-based and sequestration-based plastics and foam) and adapting industrial practices to reduce energy consumption and material waste.

 

Scopes 1 & 2: Our roadmap in action

Solar panelsIn 2025 we target to be CO2 neutral in our internal emissions: this includes direct emissions from our controlled facilities, and indirect emissions from energy procured. These are known as scopes 1 and 2 respectively. 

To that end, in 2020 we built a first partnership with Schneider Electric, a leader in digital transformation of energy management and automation, to accelerate CO2 neutrality in our direct and indirect emissions (scopes 1 and 2).

In 2021, we have also selected ENGIE to become our long-term partner to support us in this journey, enabling a 15% reduction of energy consumption, through energy saving solutions deployed across more than 100 of our sites worldwide.

Early 2022, we have contracted ENGIE and Energias de Portugal to install solar panels in 150 plants and 22 countries for a capacity of 130 MWp, leading to an expected average electricity self-production of up to 7%.

End 2022, advised by Schneider, we have contracted with Octopus Renewables/Mirova and RPC to purchase renewable energy from wind farms in Sweden, covering more than two thirds of FORVIA’s European electricity needs.

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Scope 3: Developing sustainable materials for our future products

In 2019, our scope 3 controlled CO2 footprint (all sub-scopes but “use phase”) accounted for 11M tons for the Group (FORVIA). Purchased goods and services, upstream and downstream transportation, and purchase of electricity constituted most of our controlled emissions. Steel and plastics on their own represent 50% of our CO2 emissions.

By 2030 we will reach a first milestone towards CO2 neutrality (-45%) for all our scope 3 emissions, meaning: indirect emissions in our value chain, upstream and downstream e.g.: transport, purchased goods and services, processing of sold products, etc. including car usage.

All Business Groups are involved in efforts to reach CO2 neutrality; for instance Interiors’ and Seating’s sustainability innovation tracks have the potential to make significant inroads in our use of steel and plastics, two of our biggest emitters.

Created in 2021 and now known as MATERI’ACT, our Sustainable Materials company develops and manufactures ultra-low CO2 materials, with up to 85% CO2 reduction versus current materials and no harmful impact on water, biodiversity, circular economy and critical substances. MATERI’ACT specializes in biobased and recycled compounds for interiors, seats, and lighting; biobased foils as alternative leathers for seats and interiors and low-CO2 carbon fibers for hydrogen tanks.

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Materiact
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MATERI'ACT: Materials acting for the planet
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NAFILeanMaterials innovation is in our DNA. Back in 2011, we were the first automotive supplier to introduce a bio-composite grade made with natural hemp fibers. Today, we equip 14 million vehicles with these NAFILean products. Our latest most awarded generation, NAFILean-R, is a fully recyclable composite made from low-emission natural fibers combined with post-consumer recycled feedstock. In addition to being up to 25% lighter, its CO2 footprint is up to 87% lower than equivalent market references.

Moving away from virgin plastics to the use of recycled plastics is core to our strategy. Our partnership with Veolia supports us in developing recycled materials and achieve an average of 30% recycled plastics for new interior modules by 2025.

In parallel, we are pioneering the use of fossil-free steel to create ultra-low CO2 seat frames and cockpits. Working with Swedish steelmaker SSAB, we will be the first group to develop and equip vehicles with steel made with hydrogen and zero-carbon electricity, rather than fossil fuels. We are also founding partner of GravitHy, a new company that will produce hydrogen-based direct reduced iron in 2027.

 

CO2 neutrality driving business opportunities

As well as the environmental imperative to reach CO2 neutrality, this transformational objective has benefits for our business, and presents new opportunities to create value and develop a competitive advantage.

Working towards CO2 neutrality across our operations will generate significant savings in energy and materials. In order to reach CO2 neutrality in our in-house emissions (energy procured and consumed) we will both purchase decarbonated energy and consider opportunities to generate our own electricity from renewable sources, bolstering our resilience.

Developing new circular business models will not only lower CO2 emissions but grow and diversify our revenue streams, creating jobs and attracting investors and new talents.

Our objective for CO2 neutrality is to lead our value chain (suppliers and customers) ahead of our competitors. We are working in partnership with most advanced actors within our ecosystem to make sustainability an inspiring reality. We execute our plan with strong internal governance and incentives.

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