GlobalData offers a comprehensive analysis of CIE Automotive, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of Net Zero and associated ESG keywords, GlobalData delivers valuable information on CIE Automotive‘s ESG performance. GlobalData’s company profile on CIE Automotive offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.
CIE Automotive, a Spanish multinational company that designs and produces components and sub-assemblies for the automotive industry, has committed to achieving zero net emissions by 2050. The company has highlighted its Supply Chain Race to Zero decarbonization project as a key action towards this goal. CIE Automotive’s latest filings mentioned the keywords 'Climate Change' and 'Emissions' most number of times in relation to ‘Net-Zero’.
CIE Automotive is committed to using recycled and recyclable materials and green materials requiring a qualified supply chain, as well as validation and approval by customers themselves. The company has identified climate change as a fundamental focus and is committed to the fight against the climate emergency. CIE Automotive has developed R&D projects independently or in association with its customers in areas such as electrification, circular economy, lightweighting, safety, and Industry 4.0.
In conclusion, CIE Automotive has committed to achieving net-zero emissions by 2050 and has taken steps towards this goal, such as using recycled and recyclable materials, increasing its presence in areas that make a greater contribution to vehicle lightweighting, circular economy, and outsourcing traditional technologies.