The automotive industry is undergoing a significant transition as environmental regulations evolve globally. This transformation, crucial for a sustainable future, presents a unique opportunity to reimagine vehicle design, production, and power. FORVIA is actively shaping this evolution, anticipating future needs and driving innovation.
Our commitment is embodied in The Blue Effect, our integrated approach to sustainability. This initiative unites everyone at FORVIA, including our suppliers, and partners, in a collective effort to make FORVIA more sustainable. From advancing technologies and improving materials to refining supply chains, every contribution propels us forward.
As regulatory frameworks tighten and competition intensifies, Europe’s automotive sector faces both challenges and opportunities. The Strategic Dialogue on the Future of the European Automotive Industry, launched by the European Commission, is a crucial step in shaping policies that balance sustainability with industrial competitiveness. At the latest discussions on March 3, FORVIA was among key industry leaders advocating for measures that drive clean mobility, strengthen local production, and support innovation in electrification.
These initiatives support the broader regulatory push, including the EU’s Fit for 55 package, which targets a 55% reduction in greenhouse gas emissions by 2030 (vs 1990). We are aligned with these goals, aiming to reduce Scope 3 CO2 emissions by 45% within the same timeframe (vs 2019), covering emissions across our entire value chain. To reach this target, we are prioritizing sustainable materials and electrification & hydrogen technologies. In 2024, we equipped 47% electric vehicles (including hybrid and hydrogen) of which 14% were pure EVs, reflecting this commitment in action. Our advancements in hydrogen fuel systems and Type IV storage, developed at our Allenjoie and SymphonHy* facilities in France, are also key to supporting this transition.
In 2024, FORVIA addressed regulatory requirements like the Carbon Border Adjustment Mechanism (CBAM) involving its supply chain and the Corporate Sustainability Reporting Directive (CSRD), through a transparent sustainability reporting audited by a college of auditors. In 2024, FORVIA once again secured a place on the ‘A List’ for climate change by the global environmental non-profit CDP, maintaining its A rating for Climate Change for the second consecutive year and improving its Water Security score to A- from B in 2023. Additionally, we received significantly improved ESG ratings from Sustainalytics and Moody’s Vigeo.
This newsletter showcases how FORVIA is turning regulatory changes into opportunities for meaningful progress. We highlight key initiatives, from closed-loop recycling and eco-friendly lighting solutions to hydrogen and electric vehicle technology advancements, all of which contribute to a more sustainable automotive industry.
The Blue Effect continues to spread, actively influencing how we approach every challenge and opportunity, driving innovations that support a more sustainable future.
*SymphonHy is a facility from our SYMBIO JV with Michelin & Stellantis
