Auto Components

Driving forces Highlighted criteria & Auto parts suppliers play a critical role in improving efficiency and dimension weights safety, making innovation a key differentiating factor to provide a Environmental Dimension..35% competitive advantage. The goal of adopting a circular economy – Climate Strategy approach that emphasizes recycling and the reuse of resources – Operational Eco-Efficiency is vital because raw materials make up a significant portion of – Product Stewardship the cost of goods sold and comprise an important waste stream. As such, there is a need to increase recycling and to use product Social Dimension...... 33% lifecycle assessments for selecting the most appropriate, cost- – Human Capital Development effective, and sustainable raw materials. Together with the growing – Occupational Health and use of conflict minerals and rare earth elements in alternative Safety drivetrains, manufacturers are under pressure to identify – Talent Attraction & Retention responsible suppliers and increase transparency. Passenger safety is critical, since auto parts suppliers must detect and respond Governance & Economic to any potential safety hazards to protect companies from legal Dimension...... 32% actions or lawsuits. Assistance/autonomous driving technologies – Corporate Governance supplied by auto component manufacturers represents an – Innovation Management emerging business opportunity, but also presents new challenges – Supply Chain Management for quality standards.

Sustainability leaders 2021 Industry statistics

S&P Global Gold Class Number of companies assessed 97 Pirelli & C. S.p.A. Italy Market capitalization of assessed companies S&P Global Bronze Class (in USD billion) 466.8 Hankook Tire & Number of companies in Yearbook 8 Technology Co., Ltd. Rep. of Korea Market capitalization of companies in Yearbook Hyundai Mobis Co.,Ltd* Rep. of Korea (in USD billion) 74.4 Nokian Renkaat Oyj Finland Valeo SA France

Sustainability Yearbook Members Bridgestone Corporation Japan Gestamp Automoción, S.A. Spain NGK Spark Plug Co., Ltd. Japan

* S&P Global Industry Mover

104 The Sustainability Yearbook 2021