Faurecia joins We Mean Business Coalition

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Faurecia joins the "We Mean Business" coalition to achieve carbon neutrality

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Faurecia, one of the world's leading automotive technology companies, announces that it has signed the letter led by the "We Mean Business" coalition calling on the G20 to maintain the 1.5°C commitment of the Paris Agreement.
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COP26, to be held November 1-12, 2021, comes as the latest IPCC (Intergovernmental Panel on Climate Change) report indicates that climate change is already a reality, and that opportunities to stay within the 1.5°C limit to avoid its most catastrophic impacts are rapidly diminishing. As such, all members of the "We Mean Business" coalition are committed to achieving net zero emissions by mid-century, consistent with global efforts to limit global warming to 1.5°C. These objectives are in line with Faurecia's CO2 neutrality trajectory, already validated by SBTi (Science Based Targets initiative).

 

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Faurecia has joined the “We Mean Business” Coalition, marking our strong commitment to the climate. We are engaged to join forces with other leading global organizations to help tackle global warming. Maintaining the 1.5°C will require a profound and urgent transformation of our society, of the economy, and all the systems that support them. As a company, we have a responsibility to make a positive impact on society. As a player in the automotive industry, we are taking concrete actions to reduce the carbon footprint of our activities and to offer solutions for a sustainable mobility.

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Patrick Koller
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Chief Executive Officer of Faurecia
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Faurecia is committed to achieving CO2 neutrality for Scopes 1 and 2 by 2025. The Group is also targeting to reduce by half its scope 3 emissions by 2030 and aims for full CO2 neutrality by 2050, including the use phase of its products. These targets are aligned with the 1.5°C ambition of the Science Based Target initiative.

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Faurecia member of Entreprises pour l'Environnement
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Faurecia, one of the world’s leading automotive technology companies, becomes a member of Entreprises pour l’Environnement (EpE). EpE is a French association bringing together more than 60 French and international companies from all business sectors, willing to better include the environment in their strategy and business decisions. As the world is currently mobilized for the Climate Week, Faurecia’s membership marks a new step in the Group’s environmental commitment, in particular through its ambitious roadmap towards CO2 neutrality*.

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