AUBURN HILLS, Mich. – April 4, 2023 – Nexteer Automotive released its annual Environmental, Social and Governance (ESG) / Sustainability Report highlighting the Company’s sustainability achievements in 2022. As outlined in the Report, Nexteer made continued progress on the Company’s corporate sustainability journey.
“Nexteer’s ESG Report highlights how we are leading with purpose and leveraging our 100+ years of experience and vast technical expertise to drive sustainable solutions in mobility,” said Robin Milavec, President, Chief Technology Officer (CTO), Chief Strategy Officer (CSO), Executive Board Director and Chair of the Sustainability Steering Committee (SSC), Nexteer Automotive. “Nexteer’s vision – to be the leading motion control technology company accelerating mobility to be safe, green and exciting – unites us as one global team, inspires us to continue relentlessly innovating and challenges us to understand our individual and collective impact on creating a sustainable future.”
Highlights from Nexteer’s 2022 ESG / Sustainability Report include:
- Recognized as a constituent member of the Hang Seng Corporate Sustainability Benchmark Index (HSSUSB) – sixth consecutive year
- Recognized as a 2022 Automotive News PACE Finalist for Automated Steering Actuator
- Recognized as a 2022 Automotive News PACEpilot Finalist for Advanced Road Surface Detection & Early, Intuitive Warning Software with Tactile Mobility
- Named a CES® 2023 Innovation Award Honoree in the “Vehicle Tech & Advanced Mobility” product category for Road Surface Detection & Early, Intuitive Warning Software with Tactile Mobility
- Received Great Place to Work Certification for Nexteer Brazil – fifth time since 2017
- Received Great Place to Work Certification for Nexteer Morocco – third consecutive year
- Recognized with Manpower Award of Great Place to Work for Nexteer Poland – fifth consecutive year
- Received Best Employer Greater Suzhou for Nexteer China
- Named a General Motors Supplier of the Year – third consecutive year
- Received 59 National Safety Council Awards, including a Corporate Culture of Safety Award
- Implemented 40 environmental projects that helped avoid 73,003 tCO2e, save 98.29 million kWh of energy & save 245.44 million liters of water
- Won two Manufacturing Leadership Awards for outstanding achievement in Digital Network Connectivity and Enterprise Integration and Technology
As highlighted in the Company’s Report, Nexteer’s five key focus areas – Business Ethics; Supply Chain; Environmental, Health & Safety; Value Creation and Community – serve as a framework to enable Nexteer in integrating a sustainability mindset into the Company’s global business strategies and culture.
Nexteer publishes an annual ESG / Sustainability Report in accordance with the Environmental, Social and Governance (ESG) Reporting Guide, as set out in Appendix 27 to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.
Click here to view the full Nexteer Automotive 2022 Sustainability Report.
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About Nexteer
Nexteer Automotive (HK 1316) is a global leading motion control technology company accelerating mobility to be safe, green and exciting. Our innovative product and technology portfolio includes electric and hydraulic power steering systems, steer-by-wire systems, steering columns and intermediate shafts, driveline systems and software solutions. The company solves motion control challenges across all megatrends – including electrification, software/connectivity, ADAS/automated driving and shared mobility – for more than 60 customers around the world including BMW, Ford, GM, RNM, Stellantis, Toyota and VW, as well as automakers in India and China. nexteer.com
