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 77 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, with significant contributions from all three scopes: Scope 1 emissions were 39,554,000,000 kg CO2e, Scope 2 emissions also accounted for 39,554,000,000 kg CO2e, and Scope 3 emissions totalled 10,500,000,000 kg CO2e. This reflects a notable increase from 2022, when total emissions were about 38,629,000,000 kg CO2e. Forvia has set ambitious climate commitments, aiming for carbon neutrality in its operations (Scopes 1 and 2) by 2025, which is one year ahead of its original schedule. The company targets an 80% reduction in absolute Scope 1 and 2 emissions by 2025, using 2019 as the baseline year. Additionally, Forvia aims to reduce its absolute Scope 3 emissions by 45% by 2030, with a long-term goal of achieving a 90% reduction across all scopes by 2045. These targets align with industry standards for climate action, demonstrating Forvia's commitment to sustainability and its proactive approach to mitigating climate change impacts. The company is on track to meet its near-term goals, reinforcing its position as a leader in the automotive components sector in terms of environmental responsibility.
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| 2019 | 2022 | 2023 | |
|---|---|---|---|
| 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
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.
