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.
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.
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.
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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 significant contributions from Scope 1, Scope 2, and Scope 3 emissions. Specifically, Scope 1 emissions were about 131,000,000 kg CO2e, while Scope 2 emissions totalled approximately 557,000,000 kg CO2e. The largest share came from Scope 3 emissions, which accounted for about 13,500,000,000 kg CO2e, highlighting the extensive impact of the company's supply chain and product lifecycle. Forvia has set ambitious climate commitments, aiming to achieve a 90% reduction in absolute emissions across all scopes by 2045, with a baseline year of 2019. This target has been validated by the Science Based Targets initiative (SBTi). In the near term, Forvia is committed to reducing its Scope 1 and 2 emissions by 80% by 2025, and Scope 3 emissions by 45% by 2030. These targets reflect a comprehensive approach to tackling greenhouse gas emissions, addressing both operational and supply chain impacts. The company's commitment to achieving net-zero emissions by 2045 further underscores its dedication to sustainability and climate action. Forvia's initiatives are aligned with industry standards and demonstrate a proactive stance in mitigating climate change impacts.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| 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
Location emissions 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 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.
