GKN Automotive makes significant sustainability strides
GKN Automotive has published its 2023 Sustainability Report, revealing that it reduced emissions by 10.5% in the last year.
The company achieved these reductions mainly through on-site energy savings by replacing energy intensive production equipment and implementing upgrades to air conditioning and heat systems.
It reported that:
- 10% of electricity consumed was certified renewable, up from seven per cent in 2022.
- 87% of R&D expenditure was on products that contribute to the decarbonisation of the industry.
- 74% of new business across its Driveline and ePowertrain product groups was awarded to GKN Automotive on EV platforms.
- Successfully met the target of maintaining an accident frequency rate of below 0.1% per year, ensuring health and safety remains a priority.
- Awarded a Silver rating for sustainability by EcoVadis, placing the company within the top three per cent of participants within its category.
GKN Automotive’s sustainability strategy is aligned with the UN Sustainable Development Goals and based around four strategic pillars – Climate Action, Our People, Responsible Sourcing and Our Impact – and intended to drive the company towards its target of achieving net zero by 2045.
Dr Clare Wyatt, chief people, communications and sustainability officer, said:
“With our technologies turning the wheels of more than half the cars on the road today, we have an opportunity to play a leading role in decarbonising the automotive sector. We have spent the last three years carving out a clear pathway to meet our targets and embedding this strategy across our global operations, so I’m delighted to see the progress we’ve made across our targets in 2023.”
