PLYMOUTH,
Mich., Jan. 29, 2025 /PRNewswire/ -- Adient
(NYSE: ADNT), a global leader in automotive seating, yesterday
released its fiscal year 2024 Sustainability Report.
"Our 2024 Sustainability Report is a testament to
Adient's pursuit of excellence in environmental stewardship, social
responsibility and robust governance practices," said Jerome Dorlack, Adient president and CEO. "Our
sustainability initiatives continue to support our objective
to be a preeminent global supplier of automotive seating. The
work detailed in this report is consistent and aligned with our
business strategy."
Key Highlights from the 2024 Sustainability
Report:
- Environmental Achievements:
- Greenhouse Gas Emissions: Adient has achieved a 38%
reduction in global scope 1 and 2 absolute greenhouse gas
emissions1 compared to the base year 2019, with a goal
of achieving a 75% reduction by 2030
- Renewable Energy: As of Sept. 30,
2024, 29% of Adient's total electricity consumption globally
is sourced from renewable energy
- Deforestation and Water Management: In fiscal year 2024,
the company completed a supply chain mapping project for key forest
commodities and launched initiatives to improve water management,
achieving a 7% year-over-year reduction in total water
withdrawals
- Sustainable Operations: Adient completed more than 1,500
continuous improvement projects in fiscal year 2024, resulting in
significant annual savings, including 7,391 metric tons of
CO2e2, 53,669 cubic meters of water, 8.8
million kWh-equivalent of fuel, 5,308 metric tons of waste, and 62
million kWh of energy
- Social Responsibility:
- Employee Health, Safety, and Well-being: Adient
maintains a health and safety management system certified to the
ISO 45001 Occupational Health and Safety standard; 98% of
manufacturing sites3 are third-party audited and
certified to the standard
- Diversity and Inclusion: Adient recognizes the benefits
of having a diverse workforce. The company also supports diverse
suppliers, spending more than $9.6
billion with minority-owned, women-owned and veteran-owned
businesses since becoming Adient in 2016
- Community Engagement: Adient's employees participated in
numerous community outreach projects worldwide
- Governance and Compliance:
- Limited Assurance: Adient's 2024 Sustainability Report
includes verified data on key sustainability metrics, such as scope
1 and 2 greenhouse gas emissions, total energy consumption and
total water withdrawal. These metrics have been assured by a third
party, validating the accuracy and reliability of our reported
data
- Ethics and Integrity: In fiscal year 2024, 99% of
Adient's global salaried workforce certified their compliance with
the company's Ethics Policy
- Supplier Management: Adient launched a Global
Comprehensive Supplier Scorecard to monitor supplier performance in
areas such as quality, delivery and sustainability. Additionally,
Adient established a supplier Center of Excellence to enhance
supplier compliance and risk management processes
"At Adient, sustainability is at the core of
everything we do," said Stephanie
Marianos, Adient executive vice president, global IT &
business services and sustainability. "Our achievements in fiscal
year 2024 reflect our dedication to reducing our environmental
footprint and fostering a culture of inclusivity and ethical
business practices. We are excited to build on this momentum and
drive further positive change in the years to come."
The full Adient 2024 Sustainability Report is
available at
https://investors.adient.com/adient-sustainability-report
About Adient:
Adient (NYSE: ADNT) is a
global leader in automotive seating. With approximately 70,000+
employees in 29 countries, Adient operates more than 200
manufacturing/assembly plants worldwide. We produce and deliver
automotive seating for all major OEMs. From complete seating
systems to individual components, our expertise spans every step of
the automotive seat-making process. Our integrated, in-house skills
allow us to take our products from research and design to
engineering and manufacturing — and into millions of vehicles every
year. For more information on Adient, please visit
www.adient.com.
ADNT-FN
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1 Within Science Based Targets initiative (SBTi)
boundaries
2 Carbon dioxide equivalent
3 Total for manufacturing sites in serial production for
18+ months
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SOURCE Adient