Forvia Sustainability Profile
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 85 is higher than 91% 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 13,491,000,000 kg CO2e, with emissions distributed across various scopes: 131,000,000 kg CO2e for Scope 1, 557,000,000 kg CO2e for Scope 2, and a significant 13,491,000,000 kg CO2e for Scope 3. The total emissions for Scope 1 and 2 combined reached about 690,000,000 kg CO2e. Forvia has set ambitious climate commitments, aiming for an 80% reduction in Scope 1 and 2 emissions by 2025, compared to a 2019 baseline. This target has been validated by the Science Based Targets initiative (SBTi). Additionally, Forvia is committed to reducing its Scope 3 emissions by 45% by 2030. Looking further ahead, the company aims for a 90% reduction across all scopes by 2045, with a net-zero target for greenhouse gas emissions by the same year. These commitments reflect Forvia's proactive approach to sustainability within the automotive sector, aligning with global climate goals and demonstrating a clear roadmap towards significant emissions reductions.
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| 2014 | 2015 | 2016 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | - | - | - | 000,000,000 | 000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | 00,000,000,000 | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
How Carbon Intensive is Forvia's Industry?
How Carbon Intensive is Forvia's Location?
Forvia's Scope 3 Categories Breakdown
Forvia's Scope 3 emissions, which increased by 5% last year and increased by approximately 6% since 2019, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 66% of Scope 3 emissions.
Top Scope 3 Categories
Forvia's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Forvia has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Forvia's sustainability data and climate commitments