Commercial, Solar, Sourcing Renewables - July 31, 2024
Lear Meets 100% RE in Europe, UK
Lear Corporation, a global automotive technology manufacturer, sourced 100% of electricity from renewable sources for all of its facilities in Germany, Portugal, Spain and the United Kingdom.
As detailed in its 2023 Sustainability Report, the company commissioned four new on-site solar arrays and is using renewable energy generated at 14 sites in six countries. Lear also reported Scope 3 emissions data for the first time and its Scope 1, 2 and 3 data were verified by a third party.
The company Launched FlexAir™, a 100% recyclable non-foam alternative that has the potential to reduce CO2e emissions by up to 50% and reduce weight by up to 20%, with a major global automaker and enhanced electric vehicle performance with Lear's Intercell Connection Boards and Battery Disconnect Units.
"Through hundreds of efficiency projects and the increased use of renewable energy at our operations around the world, we are pleased to report that Lear is making progress toward our climate goals," said Ray Scott, Lear President and CEO, in a statement. "In addition, major automakers are adopting our sustainable product innovations, which are designed to reduce environmental impact, lower carbon emissions and use recycled and recyclable content to support a global circular economy."
Lear reports with reference to the GRI Standards, as well as the Sustainability Accounting Standards Board (SASB) framework and the Task Force on Climate-related Financial Disclosures (TCFD) recommendations.
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