International Automotive Components Group S.A. (IAC Group), headquartered in Luxembourg (LU), is a leading player in the automotive components industry. Founded in 2006, IAC Group has rapidly expanded its operations across Europe, North America, and Asia, establishing a strong presence in key automotive markets. Specialising in interior and exterior vehicle components, IAC Group offers a diverse range of products, including instrument panels, door panels, and headliners. Their commitment to innovation and sustainability sets them apart, as they focus on lightweight materials and advanced manufacturing techniques. With a reputation for quality and reliability, IAC Group has achieved significant milestones, positioning itself as a trusted partner for major automotive manufacturers worldwide. Their dedication to excellence has earned them recognition as a leader in the automotive supply chain.
How does International Automotive Components Group S.A.'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.
Mean score of companies in the Motor Vehicle Retail 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.
International Automotive Components Group S.A.'s score of 23 is lower than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, International Automotive Components Group S.A. (IAC Group), headquartered in Luxembourg (LU), reported emissions data that is not specified in terms of absolute figures for Scope 1, 2, or 3 emissions. However, the company has disclosed emission intensity metrics, with a value of approximately 1.099 kg CO2e per unit of revenue for the year 2023, which reflects a slight decrease from 1.113 kg CO2e in 2022 and 1.789 kg CO2e in 2019. IAC Group has made commitments towards climate action, although specific reduction targets are not currently in place. The company is classified as "Committed" to near-term targets, but it has not established a net-zero commitment. Previous near-term targets have been removed or expired, indicating a need for renewed focus on climate initiatives. As a current subsidiary, IAC Group's climate commitments and performance data are cascaded from its parent organisation, ensuring alignment with broader corporate sustainability goals. The company operates within the automobiles and components sector, which is increasingly under pressure to reduce carbon emissions and enhance sustainability practices. Overall, while IAC Group has shown some progress in emission intensity reduction, it faces challenges in establishing concrete climate targets and commitments moving forward.
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.
International Automotive Components Group S.A. is not participating in any 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.