It is important for you to know how your investments are making a difference. We wanted to share a company highlight from our Blue Summit investment models.
Headquartered in Ireland, Aptiv is a leader in the development of advanced safety systems and electrification solutions for vehicles. Chances are, Aptiv products and assemblies are in the car you’re driving today! Their innovative products and services are helping to shape the future of transportation sustainability.
Below are some highlights of Aptiv’s comprehensive sustainability strategy:
Climate Action: They are on target to reduce carbon emissions by 25 percent by 2025. All Aptiv facilities in Ireland, Germany, Austria and Honduras source 100% renewable energy. An Aptiv facility in Jiaxing, China, implemented a rooftop solar project that will generate 2.7 million kWh of electricity and eliminate nearly 2,700 tons of CO2e emissions annually.
Resource Efficiency: Aptiv is dedicated to improving resource efficiency in its operations. They have implemented measures to reduce water and energy consumption, as well as minimize waste generation.
Product Sustainability: Aptiv considers sustainability throughout the lifecycle of its products. They produced the first automotive part made from 100% recycled ocean plastic: a cable lead on the Ford Bronco Sport.
Community Support: Immediately following the outbreak of war in Ukraine, Aptiv organized a committee to provide support for Ukrainian employees and contractors working for Aptiv. More than 7,600 Aptiv employees donated their time to help provide food, housing and medical care to those in need. In total, Aptiv helped nearly 10,000 people impacted by the war in Ukraine in 2022.
Supply Chain Sustainability: Aptiv works closely with its suppliers to promote responsible sourcing practices and ensure that they adhere to high environmental and social standards.
One of the notable affiliations of Aptiv is with the Carbon Pricing Leadership Coalition (CPLC), a global initiative that brings together leaders from government, business, and civil society to advance carbon pricing policies and practices. Additionally, they are members of Accounting for Sustainability (A4S), an organization that helps corporate accounting be more inclusive of sustainability metrics. Aptiv has been designated one of the World’s Most Ethical Companies 11 years in a row by Ethisphere, a global leader in defining and advancing the standards of ethical business practices.
Take a look at their most recent Sustainability Report here, it goes into much further detail of their sustainability progress.
Aptiv's responsible policies and actions reflect their commitment to creating value for society and the environment. We are proud to include companies like Aptiv in our Blue Summit investment models.
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Blue Summit does not directly invest in Aptiv. They are a holding within the IMPAX Global Environmental Markets Fund. Some, but not all clients, are invested in this fund.
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