Stellantis 2023 Corporate Social Responsibility Report Outlines Strong Results Against Ambitious Dare Forward 2030 Targets

Stellantis Releases Corporate Social Responsibility (CSR) Report

AMSTERDAM – Stellantis today released its third Corporate Social Responsibility (CSR) Report, which summarizes the progress made by the Company on sustainability activities geared toward a better society for all.

“While mobility is the first element of our approach to sustainable progress, we also look to create change within our own operations and in our communities – whether that’s through reducing our own impact on the environment, building more inclusive workplaces, or supporting our host communities,” said Carlos Tavares, Stellantis CEO. “Progress in these areas is crucial to successfully providing affordable mobility for our customers and ensuring our stakeholders continue to grant us a license to operate.”

CSR Initiatives in 2023

• The reduction of the global carbon footprint (all scopes) in line with the Company’s carbon net zero by 2038 commitment: the absolute global carbon footprint (in CO₂-eq) reduced by 12.6% in 2023 vs 2021. 
• The massive use of decarbonized electricity in the Company’s processes with a 100% target by 2030. In 2023, it reached 58%, contributing to a 20% reduction in absolute tCO2 of the industrial carbon footprint (scope 1 and 2) vs. 2021. 
• The development of Circular Economy activities: In 2023, more than two million parts were recycled (including catalytic converters, fascias/plastic bumpers, alloy wheels and high-voltage batteries) in four regions (Enlarged Europe, North America, South America and Middle East and Africa). Stellantis inaugurated its first SUSTAINera Circular Economy Hub in Mirafiori, Italy, which started up with engine, gearbox and EV battery remanufacturing, vehicle reconditioning and dismantling.
• A structured vehicle electrification roadmap involving all brands with 30 battery electric vehicle (BEV) models available at the end of 2023, increasing by 18 in 2024, to reach 48. Last year, BEV sales increased by 21% globally with 18.5% of passenger cars sold in Europe (EU27 excluding Malta and Norway, adding Iceland, UK, Switzerland) and 11.2% of passenger cars and light duty trucks sold in the U.S. being electric or plug-in hybrid vehicles thanks to the growing portfolio.
• A comprehensive Human Capital Development strategy anchored on four pillars: engaging in sustainable transformation based on co-constructive social dialogue; attracting, developing and retaining talent, including offering 2.9 million hours of training; empowering diversity and inclusion, with women now holding 30% of leadership positions; and promoting safety, health and wellbeing in the workplace.
• Strong monitoring and execution of Stellantis Responsible Purchasing Guidelines: 3,461 supplier groups assessed by EcoVadis, corresponding to more than 89% of the annual purchased value. Results show Stellantis suppliers are performing better on CSR criteria than the EcoVadis benchmark.
• A commitment to host communities: Provided more than €18.5 million to support 366 philanthropic projects focused on education and 5,174 Stellantis employees participating in employee volunteerism programs. The Stellantis Student Awards celebrated more than 600 family members of employees for dedication to continuous learning and education, and the Stellantis Foundation partnered with CERN to inaugurate the Science Gateway in Geneva, its new outreach center for science education.

In 2023, Stellantis also held the first edition of the Freedom of Mobility Forum a stakeholder dialog initiative to contribute to the public debate about freedom of mobility in a decarbonized world. Diverse, expert contributors representing industry, academia, government, and civil society debated their ideas during a live debate on the topic: “In a decarbonized world, will freedom of mobility be affordable to a happy few only?”  The second debate occurred April 3, 2024, on the topic: “How will our planet accommodate the mobility needs of eight billion people?”

The CSR Report reflects Stellantis’ commitment to a culture dedicated to integrity, responsibility, and ethical behavior in all areas and along the entire value chain and is part of the Company’s efforts to become a more environmentally conscious, socially responsible, and economically viable business.

About Stellantis

Stellantis N.V. (NYSE: STLA / Euronext Milan: STLAM / Euronext Paris: STLAP) is one of the world’s leading automakers aiming to provide clean, safe and affordable freedom of mobility to all. It’s best known for its unique portfolio of iconic and innovative brands including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, Fiat, Jeep_®, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move and Leasys. Stellantis is executing its Dare Forward 2030, a bold strategic plan that paves the way to achieve the ambitious target of becoming a carbon net zero mobility tech company by 2038, with single-digit percentage compensation of the remaining emissions, while creating added value for all stakeholders. For more information, visit www.stellantis.com

SDGs, Targets, and Indicators in the Article

1. Which SDGs are addressed or connected to the issues highlighted in the article?

• SDG 7: Affordable and Clean Energy
• SDG 8: Decent Work and Economic Growth
• SDG 9: Industry, Innovation, and Infrastructure
• SDG 11: Sustainable Cities and Communities
• SDG 12: Responsible Consumption and Production
• SDG 13: Climate Action
• SDG 17: Partnerships for the Goals

2. What specific targets under those SDGs can be identified based on the article’s content?

• Target 7.2: Increase substantially the share of renewable energy in the global energy mix.
• Target 8.5: By 2030, achieve full and productive employment and decent work for all women and men, including for young people and persons with disabilities, and equal pay for work of equal value.
• Target 9.4: By 2030, upgrade infrastructure and retrofit industries to make them sustainable, with increased resource-use efficiency and greater adoption of clean and environmentally sound technologies and industrial processes.
• Target 11.6: By 2030, reduce the adverse per capita environmental impact of cities, including by paying special attention to air quality and municipal and other waste management.
• Target 12.2: By 2030, achieve the sustainable management and efficient use of natural resources.
• Target 13.2: Integrate climate change measures into national policies, strategies, and planning.
• Target 17.16: Enhance the Global Partnership for Sustainable Development, complemented by multi-stakeholder partnerships that mobilize and share knowledge, expertise, technology, and financial resources.

3. Are there any indicators mentioned or implied in the article that can be used to measure progress towards the identified targets?

• Indicator 7.2.1: Renewable energy share in the total final energy consumption.
• Indicator 8.5.1: Average hourly earnings of female and male employees.
• Indicator 9.4.1: CO2 emission per unit of value added.
• Indicator 11.6.1: Proportion of urban solid waste regularly collected and with adequate final discharge out of total urban solid waste generated, by cities.
• Indicator 12.2.1: Material footprint, material footprint per capita, and material footprint per GDP.
• Indicator 13.2.1: Number of countries that have communicated the establishment or operationalization of an integrated policy/strategy/plan which increases their ability to adapt to the adverse impacts of climate change, and foster climate resilience and low greenhouse gas emissions development in a manner that does not threaten food production.
• Indicator 17.16.1: Number of countries reporting progress in multi-stakeholder development effectiveness monitoring frameworks that support the achievement of the sustainable development goals.

Table: SDGs, Targets, and Indicators

Behold! This splendid article springs forth from the wellspring of knowledge, shaped by a wondrous proprietary AI technology that delved into a vast ocean of data, illuminating the path towards the Sustainable Development Goals. Remember that all rights are reserved by SDG Investors LLC, empowering us to champion progress together.

Source: stellantis.com

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