Valmet Automotive’s Sustainability Report 2020 published: significant progress on Sustainability goals

Valmet Automotive has today published the Group’s Sustainability Report for 2020. Despite a challenging year, Valmet Automotive made significant progress towards its sustainability goals in 2020. The report presents the company’s key sustainability themes, strategic priorities and 2020 highlights. Valmet Automotive publishes the Sustainability Report annually.

The importance of sustainable development is constantly growing in the automotive industry. It is an integral part of the industry’s value chain and a prerequisite for building customer relationships. The report shows how Valmet Automotive considers sustainability as a key part of strategic and operational planning, operations and corporate culture.

2020 was a challenging year for automotive industry because of the corona pandemic and the transformation of the industry towards electromobility. Even though the challenges were also reflected at Valmet Automotive, the company had an overall positive year. In various areas of sustainability, Valmet Automotive made significant progress during 2020.

Valmet Automotive invests strongly in the safe work environment. Thanks to comprehensive and effective anti-corona measures, there were no infection chains at Valmet Automotive’s sites in 2020. At the same time, the number of incidents and sick absences was significantly reduced, while the number of employees’ safety-related reports was growing.

Valmet Automotive’s goal is to make the Uusikaupunki plant CO2 neutral already in 2021. In 2019 and 2020, the company reduced the plant’s CO2 emissions by 70 percent. Furthermore, Valmet Automotive’s every business line has a CO2 neutrality plan, and the Valmet Automotive Group will achieve CO2 neutrality by 2024.

In 2020, Valmet Automotive sharpened its strategy focusing on e-mobility by selling a business line that focused on general automotive engineering services, launching the expansion of the Salo battery plant and the construction of a new battery plant in connection with the Uusikaupunki car plant.

  • Valmet Automotive is fully committed to a sustainability strategy that aims at saving the environment. We are dedicated to do our part to stop the global warming and support the targets defined by the Paris climate agreement. Our report shows the considerable progress in sustainability we have achieved during 2020, says Olaf Bongwald, CEO, Valmet Automotive.

Valmet Automotive’s sustainability report has been prepared in accordance with the international GRI guidelines. The report covers the Valmet Automotive Group’s locations in Finland, Germany and Poland. The report is available and can be downloaded on Valmet Automotive’s website at www.valmet-automotive.com/sustainability.

Über Valmet Automotive

The Valmet Automotive Group is one of the largest vehicle contract manufacturers in the world, Tier 1 systems supplier for convertible roof systems and for battery systems. In its strategic development, Valmet Automotive Group focuses on electromobility with the development and manufacturing of battery modules as well as packs for electrified vehicles. The activities in the group are organized in three business lines: Manufacturing, EV Systems and Roof & Kinematic Systems. Since its founding in 1968, Valmet Automotive has produced more than 1.7 million vehicles at the Uusikaupunki, Finland plant. In Salo, near the Uusikaupunki plant, Valmet Automotive opened its first volume production of battery systems for the automotive industry in autumn 2019. The company has locations in Finland, Germany and Poland. Valmet Automotive’s largest shareholders are state-owned Finnish investment company Tesi and the Pontos Group, each with a stake of 38.46 %. 23.08 % is held by the Chinese Contemporary Amperex Technology Limited (CATL), the world leading manufacturer of battery cells for electric vehicles.

Firmenkontakt und Herausgeber der Meldung:

Valmet Automotive
Bergrat-Bilfinger-Straße 8
74177 Bad Friedrichshall
Telefon: +49 (89) 31566-263
Telefax: +49 (89) 31566-264
http://www.valmet-automotive.com

Ansprechpartner:
Frank Volk
Senior Manager Group Corporate Communications
Telefon: +49 (89) 31566-263
E-Mail: frank.volk@valmet-automotive.com
Mikael Mäki
Manager, Corporate Communications,
E-Mail: mikael.maki@valmet-automotive.com
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