Videos
Auto Industry Symposium Highlights & Key Takeaways
On June 13, 2023 industry experts and and peer companies convened in Stuttgart, Germany for a conversation and networking with industry experts and peers on best practices and developments around sustainability, energy markets and supplier engagement from across the auto industry.
Below are some some key findings, and highlights from the event:
We are very encouraged by the poll results and insights gleaned from the event, which paint an encouraging picture of the auto industry’s commitment to sustainability and energy efficiency. The high engagement in offsite renewable energy PPAs and the widespread adoption of onsite solar energy solutions reflect a strong desire to transition towards cleaner energy sources. Moreover, the industry’s focus on measuring and reducing product carbon footprints (PCFs) demonstrates a commitment to environmental responsibility.
- Over 60% of respondents explored or executed Offsite Renewable Energy Power Purchase Agreements (PPAs), showcasing a growing interest in clean energy procurement.
- 100% of attendees have successfully deployed onsite solar energy systems, embracing renewable energy solutions.
- More than half of the participants are actively measuring and reducing their Product Carbon Footprints (PCFs), reflecting their dedication to environmental responsibility.
- All suppliers have received requests to adhere to formal sustainability goals, highlighting the industry-wide recognition of sustainability’s importance.
- The majority of suppliers are proactively creating roadmaps to comply with sustainability requests, ensuring a brighter, greener future.
- To continue the conversation, we invite you to join our upcoming webinar on achieving a net zero supply chain. Explore practical steps for global manufacturers, understand supply chain decarbonization strategies, and learn from a best practice case study by Honda on setting a net zero CO2 target for an entire supply chain.
