Forvia SE

Common Name
Forvia
Country
France
Sector
Consumer Cyclical
Industry
Auto Parts
Employees
149,294
Ticker
FRVIA
Exchange
EURONEXT
Description
Forvia SE, a global leader in automotive technology, is renowned for its innovative solutions in the fields of sustainable mobility and advanced driving experiences. As a key player in the automotive ...

Forvia's GHG Emissions Data Preview

In 2024, Forvia completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).

Forvia has also provided a category-level breakdown for 13 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Forvia's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Forvia amounted to 389,000 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Forvia decreased by 44.67%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Forvia's Scope 1 Emissions Over Time

20192021202220232024060 k120 k180 k240 ktCO2e+18%-29%-20%-19%
  • Total Scope 1
  • Year-over-Year Change

What are Forvia's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Forvia were 106,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Forvia reduced its Scope 1 emissions over time?

Since 2019, Forvia's Scope 1 emissions have decreased by 45.64%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2023), Forvia's Scope 1 emissions decreased by 19.08%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Forvia's Scope 2 emissions?

In 2024, Forvia reported Scope 2 greenhouse gas (GHG) emissions of 283,000 tCOâ‚‚e using the market-based method.

Has Forvia reduced its Scope 2 emissions over time?

Since 2019, Forvia's Scope 2 greenhouse gas (GHG) emissions (Market-Based) have decreased by 71.41%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2023), Forvia's Scope 2 emissions (Market-Based) fell by 50.52% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.

What methodology does Forvia use for Scope 2 reporting?

In 2024, Forvia reported its Scope 2 emissions using the market-based method.

Forvia's Scope 2 Emissions Over Time

201920212022202320240250 k500 k750 k1 MtCO2e
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Forvia's Value Chain Emissions

In 2024, Forvia reported 39,303,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2024 disclosure of Forvia includes a breakdown across 13 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Forvia's Scope 3 Emissions Over Time

20192021202220232024015 M30 M45 M60 MtCO2e-77%+23%+217%-4%
  • Total Scope 3
  • Year-over-Year Change

What are Forvia's Scope 3 emissions?

In 2024, Forvia reported total Scope 3 emissions of 39,303,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 28.77% of these emissions originated from upstream activities such as purchased goods and capital goods, while 71.23% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Forvia reduced its Scope 3 emissions over time?

Since 2019, Forvia's Scope 3 emissions have decreased by 15.01%, reflecting a declining long-term trend in Scope 3 emissions over time.

Compared to the previous year (2023), Forvia's Scope 3 emissions remained relatively stable, indicating that Forvia 's emissions have plateaued with no significant change in its value chain footprint.

What categories of Scope 3 emissions does Forvia disclose?

In 2024, Forvia reported emissions for 13 out of the 15 Scope 3 categories defined by the GHG Protocol.

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Forvia's Scope 3 emissions?

In 2024, the largest contributors to Forvia's Scope 3 emissions were:

  • Use of Sold Products (Cat. 11): 26,887,000 tCOâ‚‚e (68.41%)
  • Purchased Goods and Services (Cat. 1): 8,244,000 tCOâ‚‚e (20.98%)
  • Upstream Transportation and Distribution (Cat. 4): 1,873,000 tCOâ‚‚e (4.77%)

Forvia's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(21.0%)UpstreamTransportation andDistribution(Cat. 4)(4.8%)Use of Sold Products(Cat. 11)(68.4%)

Insights into Forvia's Total Carbon Footprint

In 2024, Forvia reported a total carbon footprint of 39,692,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 4.42% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Forvia's total carbon footprint was Scope 3 emissions, accounting for 99.02% of the company's total carbon footprint, followed by Scope 2 emissions at 0.71%.