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The automotive seating and components manufacturer targets 2030 to convert to 100% renewable energy and cut carbon emissions by 50%, while heightening sustainability requirements for its suppliers.
Lear has announced several new environmental goals, including achieving net zero emissions by 2050. The U.S. headquartered company also said that, by 2030, it further plans to use 100% renewable energy at the its manufacturing facilities and reduce carbon emissions by 50%. According to Lear, the timeframes align with the U.N. Intergovernmental Panel on Climate Change to limit global warming, based on 2019 data. "Setting the goal for Lear to achieve net zero emissions by 2050 is a significant next step that builds on actions already underway at our company", said Ray Scott, President and CEO. "We believe designing and manufacturing products with world-class innovation and quality for our customers is compatible with protecting the environment. These efforts go hand in hand." To attain net zero emissions by 2050, Lear is to increase renewable energy use, improve energy efficiency at facilities, expand engineering efforts for vehicle electrification and lighter weight products, and heighten sustainability requirements for its suppliers.