At Aptiv, our business strategy is directly aligned with our sustainability goals. We provide solutions of the highest quality — designed, developed and manufactured responsibly — that enable a safer, greener and more connected world. In doing so, we take care of our people and the communities we operate in while minimizing our carbon footprint.
But sustainability — and how we achieve it — is not static. We put our sustainability strategy “in motion,” understanding that its impact is only as good as its implementation. We also recognize that our strategy must be continually evaluated and refined. To that end, in 2022 we updated our materiality analysis, asking key stakeholders — including customers, investors, employees, suppliers, industry associations, and other third-party experts — to rate environmental, social and governance topics in terms of their importance to our business. These insights serve to refine our sustainability strategy and crystallize our priorities. This ongoing dialogue with key stakeholders yields clear context for Aptiv’s Board of Directors to provide governance and oversight, and for our executive leadership to evolve our sustainability program across functions wherever it makes sense.
Foundational pillars of Sustainability
What has not changed at Aptiv are the four foundational pillars of our sustainability framework. Each will be discussed at length in this report, but here is a preview:
People: Our changing world requires high-performing, committed and talented professionals who are not only open to innovation but are driven by it. Including diverse experiences and points of view is key to building that kind of team. In 2022, we brought together experts from the United States, China and Europe, across engineering disciplines ranging from software and systems to electrochemistry and mechanical and electrical engineering. This diverse group was tasked to develop a power electronics solution that is already enabling new functionality for electric vehicles, including our first production award 18 months after we began to form the team, for a vehicle that is scheduled to launch in 2025.
Products: Our products have a tangible impact on the environment. In 2022, our HellermannTyton business unit worked with Ford to produce wiring harness clips for the Ford Bronco Sport that are the first automotive components made from 100 percent recycled ocean plastic.
Planet: In our goal to be carbon-neutral by 2040, we need a sustainable business model that addresses every aspect of our production process. In 2022, Aptiv recycled 83 percent of our total waste, exceeding our target of 80 percent and saving more than 35,000 tons from entering landfills globally.
Platform: How we conduct our business is just as important as what products we make, and our Code of Ethical Business Conduct serves as the foundation for putting our values into action. In 2022, Aptiv’s senior leadership team engaged with our employees in a variety of ways to promote a culture of speaking up and to educate our employees about ethics, including hosting town halls and live webchats, providing targeted risk- and role-based training, and distributing a monthly newsletter.
This report showcases the advances that we have made in sustainability. We are proud of our work but also recognize that we must continue to progress toward our goals — our customers expect nothing less, and our planet deserves at least as much. Thanks to our 200,000 employees from around the world, I am confident that we will meet the challenge.