CNH Industrial a Sustainable
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CNH Industrial N.V. Corporate Seat: Amsterdam, the Netherlands 25 St. James’s Street, London, SW1A 1HA, United Kingdom E-mail: [email protected] www.cnhindustrial.com CONTENTS Welcome 1 About CNH Industrial 2 Snapshots 2020 4 2024 Sustainability Targets 6 Recognition as a Socially Responsible Company 7 2020 Sustainability Highlights 8 ● Carbon Footprint 9 ● Occupational Safety 19 ● Life-Cycle Thinking 27 ● People Engagement 31 Sustainability at COMMITTED CNH Industrial TO A BETTER is a way of doing business that FUTURE involves every CNH Industrial is committed to operating engage with all stakeholders as we create area, function, in an environmentally and socially shared value. responsible manner, boosting its global To make these aspirational goals even growth and profitability while maintain- more tangible, senior management and employee ing high standards of sustainability, and included challenging targets for year-end delivering even greater long-term value 2024 in the Company’s Strategic Business for all its stakeholders. Sustainability at Plan. They are consistent with the UN CNH Industrial is a way of doing busi- Sustainable Development Goals (SDGs), ness that involves every area, function, providing a universal and visionary and employee within the Company, as framework to address the challenges of demonstrated by its purpose “Powering global co-operation and action. sustainable transformation.” This reflects Despite the difficulties of the last year, the Company’s ability to drive internal due to the pandemic, CNH Industrial transformation and create new and continued, if not strengthened, its path increasingly innovative solutions, while to sustainability, improving processes considering the impact of its activities on and making progress in line with the planet and people. identified priorities. Some noteworthy The Company commitment is spelled examples are the increasing focus on out by four sustainability priorities diversity and inclusion within the (Carbon Footprint, Occupational Safety, Company and the support to communi- Life-Cycle Thinking, and People ties and individuals particularly Engagement) and four aspirational goals; impacted by COVID-19, through the namely, to become a zero-carbon organi- $2 million Solidarity Fund allocated to zation, achieve zero serious injuries, fully food, health, and education projects all recover waste and components, and fully over the world. CNH INDUSTRIAL – A SUSTAINABLE YEAR | 1 COMPANY STRUCTURE ABOUT Segments We operate across five global segments: synergies and development areas: an Agriculture, Construction, Commercial increased customer focus and further & Specialty Vehicles, Powertrain, and expansion in evolving key market trends CNH INDUSTRIAL Financial Services. They are supported such as alternative propulsion, digitali- by global functions addressing key zation, automation and servitization. “The Company aims to be a global leader in all its business segments” CONSTRUCTION Overview Key figures A global player in CNH Industrial has a wealth of globally construction respected brands dating back to 1842, Brands Consolidated revenues equipment which have shaped the industries of AGRICULTURE agricultural and construction machinery, Second largest commercial and specialty vehicles, and manufacturer of Global financial- the powertrain sector. Today, it is one of agricultural services player the leading capital-goods companies in equipment supporting customers the world. and dealers The Company provides farmers with 12 $26bn Plants industry-leading technologies to help them Employees feed a growing world population, it assists FINANCIAL in building and rebuilding cities and infra- SERVICES structure, and it delivers sustainable transport solutions for goods and commu- nities, all with future-proof powertrains. Its customers can also count on a com- prehensive suite of financing solutions and 66 64,016 R&D centers a dedicated range of aftermarket services. R&D spending With a presence in 180 countries, CNH Industrial is uniquely diversified across segments and geographies. The Company aims to be a global leader in all its business segments. It is POWERTRAIN a pioneer in efficient machinery that Global leader in CAPITAL enables other sectors of the global econ- 57 $932m regulated markets omy to operate at maximum potential, Note: all figures provided herein are on a US CNH Industrial shares are listed on the COMMERCIAL & GAAP $ basis, updated at the end of 2020. and it achieves this by harnessing new New York and Milan stock exchanges. SPECIALTY VEHICLES technologies and through its vast market Market leader in alternative fuels reach and solid enterprise culture. CNH INDUSTRIAL – A SUSTAINABLE YEAR | 3 2 | CNH INDUSTRIAL – A SUSTAINABLE YEAR Fighting wildfire damage CNH Industrial employees are committed to making a difference in their local communities, often with a focus 2020 on the environment. In response to the devastation SNAPSHOTS caused by the October 2020 wildfires in Córdoba, Argentina, 50 local employees came together to make a Reuse, recycle, replay… reforestation plan to help the environment recover from The Ricrea (Recreate) project first the extensive damage. Together with the environmental launched in Lecce, Italy, in 2019 advisory company Ambiente Argentino, they supported continued in 2020 with the creation the planting of 500 native trees in the mountains. of Il Giardino di Lorenzo (Lorenzo’s Garden) in Bologna, Italy. A park in the province was redeveloped with Zero-emissions trucking new furniture and equipment made Reducing packaging waste The first battery-electric heavy-duty truck jointly developed by IVECO and from discarded wood packaging Plants worldwide, including Fargo, These measures FPT Industrial in partnership with Nikola Motor Company is undertaking testing in from the New Holland Agriculture Saskatoon, and Wichita in North America, the U.S. The Nikola TRE prototype, the first step toward a fuel-cell electric production plant in Modena. The revamped Annonay, Foggia, and Zedelgem in model, will be built at the IVECO factory in Ulm, Germany, a center of heavy-duty area will benefit the local commu- Europe, and Córdoba, Curitiba, and Sete led to an truck engineering excellence that aims to become a hub for fuel-cell mobility. The first nity, including the non-profit Lagoas in South America, have been models to enter production will be the battery-electric 4x2 and 6x2 articulated trucks, AGEOP Association, which sup- taking measures to reduce – and partic- with modular and scalable batteries with a capacity of up to 720 kWh. They will also ports children undergoing cancer ularly reuse – packaging waste. The main approximate feature an electric powertrain that delivers up to 480 kW of continuous power output. treatment. The project is designed improvements included replacing The vehicle is based on the IVECO S-WAY heavy truck and integrates Nikola’s to promote urban redevelopment wooden and/or cardboard shipping pal- 1,720-tonne advanced technology and infotainment systems. The Ulm facility receives module and inclusion, as well as reduce lets and disposable packaging with supplies from IVECO´s manufacturing locations in Valladolid and Madrid, Spain, environmental footprint through reusable materials, reusing wood waste which enable a rapid ramp-up to meet expected customer demand. The battery- the recycling and reuse of wood. from packaging to make planters and reduction in electric version will be introduced to the market in 2021, while the fuel-cell electric supports for parts and vehicle shipment, versions, built on the same platform, will be tested under the EU-funded H2Haul and adopting reusable metal containers. project for an expected market launch in 2023. Overall, these measures led to an packaging- approximate 1,720-tonne reduction in packaging-related waste and more than related waste $200,000 in savings. Digital agriculture evolution CNH Industrial is one of the founders and leaders of ConectarAGRO, a non- profit association in Brazil that aims to Children’s COVID-19 creativity bring easily accessible internet to remote Educating and engaging younger people is an regions across the country. Increasing important Company value that took on greater connectivity is expected to fuel a signif- urgency during the pandemic. Bearing this in icant improvement in rural agricultural mind, employees at Vysoké Mýto, in the Czech productivity in a nation that is already a Factory of the future Republic, developed an innovative, educational world-leading producer of grain and At the FPT Industrial Driveline plant in and fun competition for children of workers to responsible for approximately 40 percent Turin, Italy, robots are partnering with help engage them creatively. The competition, of the global production of sugarcane. In humans to improve production processes called “In the lead role IVECO Bus,” involved 60 2019, ConectarAGRO expanded connec- and make them more efficient. AURA children, who were asked to use art supplies to tivity to more than 5.1 million hectares (Advanced Use Robotic Arm), a robot create a bus of the brand. Ultimately, 25 winners of rural areas via 4G LTE 700 MHz broad- designed and built by Comau, worldwide were chosen, each receiving a scooter – a fun band, covering 575,000 individuals and leader in delivering advanced industrial reward for participating that also helped them 218 towns. The ambition is to expand this automation products and systems, is exercise and stay active during the pandemic. to