1、The Automotive Industry in the Era of Sustainability The Automotive Industry in the Era of Sustainability2 Executive summary With growing concerns of climate change and environmental degradation, sustainability has become a strategic priority for automotive organizations. Governments, consumers and
2、investors are now pushing automotive organizations to change their ways of working, culture and products. This will have far reaching implications for the industry, that while making substantial progress still requires to step up its sustainability efforts. Our research tried to gauge how the automo
3、tive industry is responding to the challenge. This includes scrutinizing their progress and initiatives with the collective knowledge of more than 300 sustainability experts and regulators. Our key findings are: Sustainability is a strategic issue for the automotive industry and key to organization
4、purpose The implementation of sustainability initiatives is fragmented and lacking on many fronts: Some areas such as sustainable R -2.5%/year 2007-2015 Historical rate with fi rst standard: -3.5%/year 2007-2015 Historical rate with second standard: 0.3%/year 2015-2018 Historical data Business as us
5、ual: -1.2%/year 2000-2007 2015: 130 g/km 2021: 95 g/km TrendsTargets Source: International Council on Clean Transport, European Vehicle Market Statistics 2019/2020 edition, December 2018. The Automotive Industry in the Era of Sustainability6 However, after 2015, carbon emissions started to rise, led
6、 by growing sales of SUVs. At the same time, growing environmental concerns have meant increased pressure from a variety of stakeholder groups: Regulators. Globally, regulators are imposing more stringent and comprehensive measures to reduce the environmental impact of vehicles.7 A growing number of