Potential offtaker

Faurecia S.A.

www.faurecia.com

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Which other companies from France are actively involved in decarbonization initiatives?
  • Regie Autonome des Transports Parisiens
  • Carmila SA
  • ALD
  • JMB Wind Engineering
  • Vivens
  • Océanopolis
  • Faurecia S.A. is a leading global automotive technology company that specializes in the design, development, and manufacturing of automotive seating and interior systems. The company is headquartered in Nanterre, France, and operates in over 35 countries worldwide. Faurecia is committed to decarbonisation and reducing its carbon footprint by implementing various initiatives to reduce its energy consumption and emissions.

    Faurecia's Seating & Trim sector is responsible for designing and manufacturing innovative seating solutions that enhance the comfort and safety of passengers. The sector also develops advanced interior systems that improve the aesthetics and functionality of vehicles. Faurecia's Seating & Trim sector is a key player in the automotive industry, providing its products to some of the world's leading automakers.

    One of Faurecia's key priorities is decarbonisation, and the company has set ambitious targets to reduce its carbon footprint. Faurecia has committed to reducing its CO2 emissions by 50% by 2025 and achieving carbon neutrality by 2030. The company is implementing various initiatives to achieve these targets, including improving energy efficiency, increasing the use of renewable energy, and reducing waste.

    Faurecia is also committed to corporate energy management and has implemented a comprehensive energy management system across its global operations. The system includes monitoring and reporting of energy consumption, identifying energy-saving opportunities, and implementing energy-saving measures. Faurecia has also established a corporate energy team to oversee the implementation of the energy management system and ensure that the company achieves its energy-saving targets.

    In addition to improving energy efficiency, Faurecia is also increasing its use of renewable energy. The company has set a target to source 50% of its energy from renewable sources by 2025. To achieve this target, Faurecia is investing in renewable energy projects, such as wind and solar, and is also exploring the use of corporate power purchase agreements (PPAs).

    Corporate PPAs are long-term contracts between a company and a renewable energy provider, which enable the company to purchase renewable energy directly from the provider. Faurecia has already signed several corporate PPAs to source renewable energy for its operations, including a 10-year agreement with Enel Green Power to purchase renewable energy from wind farms in Mexico.

    Faurecia's commitment to decarbonisation and renewable energy is not only beneficial for the environment but also for the company's bottom line. By reducing its energy consumption and increasing its use of renewable energy, Faurecia is reducing its energy costs and improving its competitiveness.

    In conclusion, Faurecia S.A. is a leading global automotive technology company that is committed to decarbonisation and reducing its carbon footprint. The company's Seating & Trim sector is responsible for designing and manufacturing innovative seating solutions and advanced interior systems for vehicles. Faurecia is implementing various initiatives to achieve its decarbonisation targets, including improving energy efficiency, increasing the use of renewable energy, and exploring the use of corporate PPAs. Faurecia's commitment to decarbonisation and renewable energy is not only beneficial for the environment but also for the company's bottom line.

    ✓ Science Based Targets member
    ✓ Declared Net Zero commitment