Forvia SE is a French global automotive technology group headquartered in Nanterre, specializing in innovative solutions that enhance vehicle safety, affordability, customization, and sustainability. ... Forvia SE is a French global automotive technology group headquartered in Nanterre, specializing in innovative solutions that enhance vehicle safety, affordability, customization, and sustainability. Formed in 2022 through the merger of Faurecia, founded in 1914, and HELLA, established in 1899, it ranks among the world's top automotive suppliers, particularly leading in vehicle interiors and emission control technologies. The company operates across six key segments: Seating, which designs vehicle seats and mechanisms; Interiors, covering dashboards, door panels, and modules; Clean Mobility, focusing on exhaust systems and zero-emission solutions; Electronics, including driver assistance and cockpit systems; Lighting, for advanced lighting technologies; and Lifecycle Solutions, extending vehicle life with workshop equipment. Serving major automakers like Volkswagen Group, Stellantis, Renault-Nissan-Mitsubishi, Ford, and Tesla, Forvia SE maintains over 300 production sites and 35 R&D centers in 37 countries, employing thousands of engineers. Committed to net-zero emissions by 2045 and certified by the Science Based Targets initiative, it drives the industry's shift toward electric, autonomous, and sustainable mobility.
In 2024, Forvia was subject to the Corporate Sustainability Reporting Directive (CSRD)'s requirements, which mandated the company to publish EU Taxonomy disclosures.
The company reported the eligibility and alignment of Turnover, Capital Expenditure (CAPEX) and Operating Expenditure (OPEX) with the EU Taxonomy, helping assess the extent to which its business activities align with Europe's environmental sustainability goals.
Forvia has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Forvia are considered environmentally sustainable and contribute to at least one of the six environmental objectives defined under the EU Taxonomy framework.
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2024
2023
2022
2021 - 2017
Total Taxonomy Aligned Turnover
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Total Taxonomy Eligible Turnover
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3.18 CCM - Manufacture of automotive and mobility components
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3.2 CCM/CCA - Manufacture of equipment for the production and use of hydrogen
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c
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3.3 CCM/CCA - Manufacture of low carbon technologies for transport
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3.4 CCM/CCA - Manufacture of batteries
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c
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3.6 CCM/CCA - Manufacture of other low carbon technologies
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a
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c
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Metric
2024
2023
2022
2021 - 2017
Total Taxonomy Aligned Opex
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b
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c
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Total Taxonomy Eligible Opex
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b
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c
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3.18 CCM - Manufacture of automotive and mobility components
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a
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b
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3.2 CCM/CCA - Manufacture of equipment for the production and use of hydrogen
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a
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b
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c
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3.3 CCM/CCA - Manufacture of low carbon technologies for transport
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b
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3.4 CCM/CCA - Manufacture of batteries
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3.6 CCM/CCA - Manufacture of other low carbon technologies
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c
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Metric
2024
2023
2022
2021 - 2017
Total Taxonomy Aligned Capex
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Total Taxonomy Eligible Capex
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c
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3.18 CCM - Manufacture of automotive and mobility components
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b
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3.2 CCM/CCA - Manufacture of equipment for the production and use of hydrogen
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a
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b
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c
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3.3 CCM/CCA - Manufacture of low carbon technologies for transport
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b
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3.4 CCM/CCA - Manufacture of batteries
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a
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b
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c
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3.6 CCM/CCA - Manufacture of other low carbon technologies
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c
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7.2 CCM/CCA - Renovation of existing buildings
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7.7 CCM/CCA - Acquisition and ownership of buildings
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Limited Data Preview
You are viewing a limited preview of Forvia’s EU Taxonomy dataset. The full dataset, available for download, includes eligibility and alignment metrics for turnover, CAPEX, and OPEX across all EU Taxonomy categories, at both aggregate and activity level, with historical coverage back to 2022.
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a. Forvia's Universal Registration Document (URD) 2024
b. Forvia's Universal Registration Document (URD) 2023
c. Forvia's Universal Registration Document (URD) 2022
Insights into Forvia's Revenues from Sustainable Activities
In 2024, Forvia reported EU Taxonomy-eligible revenues of EUR 4.28 billion, representing 15.9% of its total turnover. Of this amount, EUR 4.28 billion of Forvia's revenues was classified as EU Taxonomy-aligned, indicating that 15.9% of the revenue-generating activities undertaken by the company substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).a
Forvia's Taxonomy-Eligible Turnover Over Time
Total Taxonomy Eligible Turnover
Total Taxonomy Aligned Turnover
Have Forvia's revenues become more sustainable over time?
Since 2022, Forvia's taxonomy-aligned revenues increased by 329.73%,reflecting a sustained upward trend in environmentally sustainable revenue generation.a, c
Compared to the previous year (2023), Forvia's taxonomy-aligned revenues decreased by 36.14%, suggesting that Forvia may have deprioritized sustainable activities, shifted focus away from green offerings, or reduced transparency in its EU Taxonomy reporting.a, b
How much of Forvia's revenue is eligible under the EU Taxonomy?
In 2024, Forvia reported that EUR 4.28 billion of its revenue was eligible under the EU Taxonomy, representing 15.9% of the company's total turnover. Of this amount, EUR 4.28 billion (15.9% of total revenue) was classified as Taxonomy-aligned. This means that 0% of Forvia's revenue is eligible but not aligned, indicating that these activities did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards.a
How much of Forvia's eligible revenue is aligned with the EU Taxonomy?
In 2024, Forvia reported that EUR 4.28 billion of its revenue was aligned under the EU Taxonomy, representing 15.9% of its total turnover.a
This moderate level of alignment indicates that Forvia has begun shifting toward more sustainable operations but still has considerable room to enhance its green offerings.
Forvia's Eligibility & Alignment Overview
Forvia's Contribution to Environmental Objectives
Total Taxonomy Aligned Turnover
How is Forvia's taxonomy-aligned revenue distributed across the EU environmental objectives?
In 2024, Forvia reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 15.9%
Climate Change Adaptation: 0%
Sustainable Use and Protection of Water and Marine Resources: 0%
Transition to a Circular Economy: 0%
Pollution Prevention and Control: 0%
Protection and restoration of biodiversity and ecosystems: 0%
How much revenue does Forvia earn from selling climate-related solutions ?
In 2024, Forvia reported that EUR 4.29 billion of its total revenue was associated with activities contributing to the EU taxonomy climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This accounted for 15.9% of the company's total revenue,indicating that Forviahas a moderate focuson solutions that support climate action through its commercial activities.a
Insights into Forvia's CAPEX from Sustainable Activities
In 2024, Forvia reported EU Taxonomy-eligible CAPEX of EUR 750.10 million,representing 31.5% of its total CAPEX. Of this amount, EUR 589.10 million of Forvia's CAPEX was classified as EU Taxonomy-aligned, indicating that 24.7% of the company's investments were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).a
Forvia's Taxonomy-Eligible Capex Over Time
Total Taxonomy Eligible Capex
Total Taxonomy Aligned Capex
Have Forvia's increased its investment in sustainable activities over time?
Since 2022, Forvia's taxonomy-aligned capital expenditure (CAPEX)increased by 626.47%,pointing to a long-term shift toward greater investment in environmentally sustainable activities recognized under the EU Taxonomy.a, c
Compared to the previous year (2023), Forvia's taxonomy-aligned CAPEX increased by 4.66%,highlighting Forvia's strengthened commitment to investing in environmentally sustainable activities or improving how such investments are classified and reported under the EU Taxonomy.a, b
How much of Forvia's capital expenditure (CAPEX) is eligible under the EU Taxonomy?
In 2024, Forvia reported that EUR 750.10 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 31.5% of the company's total CAPEX. Of this amount, EUR 589.10 million (24.7% of total CAPEX) was classified as Taxonomy-aligned. This means that 6.8% of Forvia's CAPEX is eligible but not aligned, indicating that these investments either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).a
How much of Forvia's eligible CAPEX is aligned with the EU Taxonomy?
In 2024, Forvia reported that EUR 589.10 million of its CAPEX was aligned under the EU Taxonomy, representing 24.7% of its total capital investment.a
This moderate level of alignment indicates that Forvia is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.
Forvia's Eligibility & Alignment Overview
Forvia's Contribution to Environmental Objectives
Total Taxonomy Aligned Capex
How is Forvia's taxonomy-aligned CAPEX distributed across the EU environmental objectives?
In 2024, Forvia reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 24.7%
Climate Change Adaptation: 0%
Sustainable Use and Protection of Water and Marine Resources: 0%
Transition to a Circular Economy: 0%
Pollution Prevention and Control: 0%
Protection and restoration of biodiversity and ecosystems: 0%
How much Forvia is investing in climate-related solutions?
In 2024, Forvia allocated EUR 588.90 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 24.7% of the company's total capital expenditure,indicating that Forviais moderately allocating capital toward climate-aligned initiatives, while maintaining a diversified investment portfolio.a
Insights into Forvia's OPEX from Sustainable Activities
In 2024, Forvia reported EU Taxonomy-eligible OPEX of EUR 216.40 million,representing 17.4% of its total operating expenses (OPEX). Of this amount, EUR 216.40 million of Forvia's OPEX was classified as EU Taxonomy-aligned, indicating that 17.4% of the company's operating expenses were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).a
Forvia's Taxonomy-Eligible Opex Over Time
Total Taxonomy Eligible Opex
Total Taxonomy Aligned Opex
Have Forvia's increased its spending in sustainable activities over time?
Since 2022, Forvia's taxonomy-aligned operating expenditure (OPEX)increased by 304.65%,pointing to a long-term trend of increased spending on environmentally sustainable operations and services recognized under the EU Taxonomy.a, c
Compared to the previous year (2023), Forvia's taxonomy-aligned OPEX decreased by 27.2%, suggesting that Forvia may have reduced spending on environmentally sustainable activities, adjusted its operational priorities, or decreased the scope of its taxonomy-related disclosures.a, b
How much of Forvia's operational expenditure (OPEX) is eligible under the EU Taxonomy?
In 2024, Forvia reported that EUR 216.40 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 17.4% of the company's total OPEX. Of this amount, EUR 216.40 million (17.4% of total OPEX) was classified as Taxonomy-aligned. This means that 0% of Forvia's OPEX is eligible but not aligned, indicating that these expenditures either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).a
How much of Forvia's eligible OPEX is aligned with the EU Taxonomy?
In 2024, Forvia reported that EUR 216.40 million of its OPEX was aligned under the EU Taxonomy, representing 17.4% of its total operational expenditure.a
This moderate level of alignment indicates that Forvia is beginning to shift operational priorities toward greener practices, with room for deeper integration.
Forvia's Eligibility & Alignment Overview
Forvia's Contribution to Environmental Objectives
Total Taxonomy Aligned Opex
How is Forvia's taxonomy-aligned OPEX distributed across the EU environmental objectives?
In 2024, Forvia reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 17.5%
Climate Change Adaptation: 0%
Sustainable Use and Protection of Water and Marine Resources: 0%
Transition to a Circular Economy: 0%
Pollution Prevention and Control: 0%
Protection and restoration of biodiversity and ecosystems: 0%
How much of Forvia's operational budget supports climate-related solutions?
In 2024, Forvia allocated EUR 217.86 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 17.5% of the company's total OPEX,indicating that Forviais moderately integrating climate considerations into its ongoing operations, with potential to scale up climate-aligned spending.a
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