Corporate Sustainability

Driving innovation, reducing environmental impact, and fostering responsible business practices
Policy priority:
About the spotlight

€20 billion

The annual investment of automotive suppliers in capital expenditure to deliver e-mobility

88%

The percentage of vehicle weight being reused or recycled across the EU as they that reach the end of their lifecycle

41%

The share of renewable energy in automotive suppliers’ total energy consumption in 2022

120,000

The number of citizens' carbon emissions compensated by remanufactured automotive spare parts in 2020

Corporate sustainability refers to a business approach that creates long-term value by
considering how a company operates within the ecological, social, and economic
environment. It involves implementing strategies that promote responsible stewardship of
resources, minimise environmental impact, and contribute positively to society while
ensuring financial performance.

This approach encompasses various practices, including reducing carbon footprints,
improving energy efficiency, promoting fair labour practices, and fostering diversity and
inclusion. Corporate sustainability also emphasises transparency and accountability, often
involving regular reporting on sustainability metrics and progress. Ultimately, it aims to
balance profit with purpose, ensuring that a company’s growth and success are achieved in
a way that benefits the planet, people, and the economy.

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Related Policy Priority

Energy & Environment

Automotive suppliers prioritize eco-friendly, energy-efficient products for better air quality.

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