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Public Profile
Retail Trade Services
FR
updated 10 days ago

Forvia

Company website

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.

86

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.

27

Industry Benchmark

Forvia's score of 86 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.

93%

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Forvia's reported carbon emissions

In 2023, Forvia reported total carbon emissions of approximately 39,554,000,000 kg CO2e, with emissions distributed across various scopes: 131,000,000 kg CO2e (Scope 1), 557,000,000 kg CO2e (Scope 2), and 13,500,000,000 kg CO2e (Scope 3). This represents a slight increase from 2022, where total emissions were about 38,629,000,000 kg CO2e, with Scope 1 at 164,000,000 kg CO2e, Scope 2 at 648,000,000 kg CO2e, and Scope 3 at 12,900,000,000 kg CO2e. Forvia has set ambitious climate commitments, aiming to achieve net-zero greenhouse gas emissions across its entire value chain by 2045, with a significant reduction target of 90% for all scopes from a 2019 baseline. In the near term, the company is committed to reducing its Scope 1 and 2 emissions by 80% by 2025 and Scope 3 emissions by 45% by 2030. These targets have been validated by the Science Based Targets initiative (SBTi), ensuring alignment with global climate goals. The company's emissions data is sourced directly from Forvia SE, with no cascaded data from parent organizations. Forvia's commitment to sustainability reflects its proactive approach to addressing climate change within the automotive sector, positioning itself as a leader in environmental responsibility.

Unlock detailed emissions data

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20192020202120222023
Scope 1
196,000,000
-
000,000,000
000,000,000
000,000,000
Scope 2
972,000,000
-
000,000,000
000,000,000
000,000,000
Scope 3
12,800,000,000
-
00,000,000,000
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 very 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. This request for Forvia is in FR, which has a very low grid carbon intensity relative to other regions.

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 participating in some of the initiatives that 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
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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