AUBURN HILLS, Mich., May 23, 2022 /PRNewswire/ -- Nexteer Automotive released its annual Environmental, Social and Governance (ESG) / Sustainability Report highlighting the Company's sustainability achievements in 2021. As outlined in the report, Nexteer embraces sustainability as part of the Company's strategy for profitable growth and is committed to innovation and value creation that drives a more sustainable future.
"Nexteer's ESG Report highlights how sustainability is as a key part of our company vision to be the global leading motion control technology company that accelerates mobility to be safe, green and exciting," 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. "Our One Nexteer culture encourages all employees to embrace sustainability – empowering every one of us, in every Nexteer location, with the freedom to go beyond our defined scope of work, to explore, understand, suggest and continue to improve how we make tomorrow better than today."
Highlights from Nexteer's 2021 ESG / Sustainability Report include:
"In 2021, Nexteer continued to collaborate across our global cross-functional Sustainability Work Group and Climate Change Task Force on multiple enterprise-level initiatives," said Virginia Li, Director of Sustainability and Member of the SSC, Nexteer Automotive. "More importantly, we proudly share evidence of the ripple effects sweeping across the organization to 'Grow the Green Circle of Sustainability' – with more and more Nexteer colleagues joining our collective efforts to embrace ESG."
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 2021 Sustainability Report.