Public Profile

Forvia

Forvia, headquartered in France, is a leading player in the automotive technology industry, specialising in sustainable mobility solutions. Founded in 2021, the company emerged from the merger of Faurecia and HELLA, marking a significant milestone in the sector. With a strong presence across Europe, North America, and Asia, Forvia focuses on innovative products and services that enhance vehicle performance and passenger experience. The company’s core offerings include advanced emissions control technologies, interior systems, and electronics, all designed to meet the evolving demands of the automotive market. Forvia is recognised for its commitment to sustainability and innovation, positioning itself as a key contributor to the future of mobility. With a robust market position, Forvia continues to achieve notable advancements in automotive design and technology, solidifying its reputation as a forward-thinking leader in the industry.

DitchCarbon Score

How does Forvia's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

55

Industry Average

Mean score of companies in the Retail Trade Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

4

Industry Benchmark

Forvia's score of 55 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.

99%

Forvia's reported carbon emissions

In 2023, Forvia reported total greenhouse gas emissions of approximately 39,554,000,000 kg CO2e, which includes 688,000,000 kg CO2e from Scope 1 and 2 emissions, and 39,554,000,000 kg CO2e from Scope 3 emissions. This follows a trend from previous years, with 2022 emissions at about 38,629,000,000 kg CO2e, comprising 810,000,000 kg CO2e from Scope 1 and 2, and 38,629,000,000 kg CO2e from Scope 3. Forvia has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 80% by 2025 from a 2019 baseline. Additionally, the company targets a 45% reduction in absolute Scope 3 emissions by 2030, also from a 2019 baseline. Looking further ahead, Forvia is committed to achieving net-zero emissions across its entire value chain by 2045, with a long-term goal of reducing total emissions (Scopes 1, 2, and 3) by 90% by the same year. These targets align with the Science Based Targets initiative (SBTi) and reflect Forvia's commitment to addressing climate change and reducing its carbon footprint in the automotive sector.

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201920222023
Scope 1
41,711,000,000
00,000,000,000
00,000,000,000
Scope 2
41,711,000,000
00,000,000,000
00,000,000,000
Scope 3
41,711,000,000
00,000,000,000
00,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Forvia's primary industry is Retail trade services, except of motor vehicles and motorcycles; repair services of personal and household goods (52), which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Forvia is headquartered in FR, which has a rank of very low, indicating very low grid carbon intensity.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Forvia is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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