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 83 is higher than 99% 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. This includes Scope 1 emissions of about 131,000,000 kg CO2e, Scope 2 emissions of approximately 557,000,000 kg CO2e, and significant Scope 3 emissions totalling around 13,500,000,000 kg CO2e. The company has set ambitious climate commitments, aiming to reduce its overall greenhouse gas emissions by 90% by 2045, with a specific focus on achieving carbon neutrality in its operations (Scopes 1 and 2) by 2025, which represents an 80% reduction from 2019 levels. Forvia's near-term targets include a commitment to reduce absolute Scope 3 emissions by 46% by 2030, also from a 2019 baseline. These targets have been validated by the Science Based Targets initiative (SBTi), ensuring they align with global climate goals. The company is on track to meet its near-term objectives, demonstrating a proactive approach to sustainability and climate action within the automotive sector.
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| 2019 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 41,711,000,000 | - | 000,000,000 | 000,000,000 |
| Scope 2 | 41,711,000,000 | - | 000,000,000 | 000,000,000 |
| Scope 3 | 41,711,000,000 | 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.
