Martinrea International Inc. Publishes 2021 Sustainability Report
08 Mars 2022 - 02:00PM
Martinrea International Inc. (TSX : MRE), a diversified and global
automotive supplier engaged in the design, development and
manufacturing of highly engineered, value-added Lightweight
Structures and Propulsion Systems, announced the release of its
2021 Sustainability Report, highlighting the company’s performance
on Environmental, Social, and Governance issues throughout the
year, as well as ongoing initiatives and goals for the future.
“In the face of recent challenges, our team has
made great progress toward our sustainability goals,” said Pat
D’Eramo, President and Chief Executive Officer. “We remain
committed to promoting a better future through sustainable business
practices that create long-term value for all our stakeholders. I
am proud to say that our accomplishments this past year have been
the result of the collective effort of all our people.”
Achievements and highlights from the 2021 Sustainability Report
include:
- We reduced Total Recordable Injury Frequency (TRIF) across the
Company from 8.48 in 2014 to 1.37 in 2021, demonstrating that
Martinrea is an industry leader in safety.
- We increased sales penetration on electric vehicle platforms.
Today, 8% of Martinrea’s book of business is specific to
“electrified platforms”, and this is expected to grow to
approximately 40% by 2026.
- We implemented 2022 greenhouse gas (GHG) emission reduction
targets, supporting our long-term strategy towards net zero
carbon.
- We invested in partnerships and strategies to develop Electric
Vehicle (EV) batteries enhanced with advanced materials, such as
graphene to help improve cycle life and charging time, leading to
opportunities to reduce overall product GHG emissions.
- We developed an energy tracking database platform that can be
used globally across all plants to track and monitor energy usage.
This sets Martinrea up for future success in reducing energy usage,
which contributes to reducing our overall carbon footprint.
- Approximately 35% of the Company’s electricity usage globally
is sourced through renewable energy (solar, wind, hydroelectric)
via utility grids. Our sustainability strategy includes continuing
to strive to increase our levels of renewable energy usage.
- Through the employment of the SmartWay Certified Carriers
program in 2021, Martinrea was able to reduce total shipping
distances on planned routes by over 134,000 miles, resulting in
increased efficiency and fuel economy, and reduced Scope 3
emissions.
“We are pleased to share our sustainability
commitments and achievements with our customers, investors, key
stakeholders, and employees,” said Rob Wildeboer, Executive
Chairman. “Our Vision at Martinrea is to ‘Make People’s Lives
Better’ and our progress on sustainability initiatives as outlined
in our 2021 Sustainability Report is a demonstration of our
commitment to that vision.”
To view or download Martinrea’s 2021 sustainability
report, visit:www.martinrea.com/culture/sustainability/
About Martinrea International
Inc.
Martinrea International Inc. (TSX: MRE) is a leader
in the development and production of quality metal parts,
assemblies and modules, fluid management systems, and complex
aluminum products focused primarily on the automotive sector.
Martinrea operates in 57 locations in Canada, the United States,
Mexico, Brazil, Germany, Slovakia, Spain, China, South Africa and
Japan. Martinrea’s vision is making lives better by being the best
supplier we can be in the products we make and the services we
provide. For more information on Martinrea, please
visit www.martinrea.com Follow Martinrea
on Twitter and Facebook.
For further information, please contact:
Media Contact:Deanna Lorincz,
Global Director, Communications and MarketingE-mail:
deanna.lorincz@martinrea.comTel: 248.392.9727Mobile:
586.634.1766
Investor Relations Contact: Neil
Forster – Director, Investor Relations and Corporate
DevelopmentE-mail: neil.forster@martinrea.comTel:
289-982-3020Mobile: 647.210.2385
Martinrea (TSX:MRE)
Graphique Historique de l'Action
De Fév 2024 à Mar 2024
Martinrea (TSX:MRE)
Graphique Historique de l'Action
De Mar 2023 à Mar 2024