MASHINIi

FORVIA SE.

FAU.XETRA | Manufacture of parts and accessories for motor vehicles

FORVIA SE is a global automotive supplier. The company develops, manufactures, and sells automotive seating, interiors, and electronics. It operates through two business groups: Automotive Seating and Interiors. The Automotive Seating business group provides complete seat systems, seat structures, m...Show More

Ethical Profile

Mixed.

FORVIA SE presents a mixed ethical profile. Critics point to an unadjusted gender pay gap of 33.70% and a high executive-to-median employee pay ratio of 62.4. Reports also note a safety incident rate of 4.8 TRIR. Positively, FORVIA achieved a 68% waste recycling rate in 2023 and targets 70% recycled content in new plastics by 2030, aiming for an 85% CO2 reduction. The company also reports an employee engagement index of 74/100. Information on other ethical areas, such as fair trade and honest business practices, remains limited.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect-20
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business-30
-100100
Kind to Animals0
-100100
No War, No Weapons-40
-100100
Planet-Friendly Business0
-100100
Respect for Cultures & Communities50
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products-40
-100100

Better Health for All

0

FORVIA SE is an automotive supplier.

1
Its core products (automotive seating, interiors, electronics, lighting, infotainment, and advanced driver-assistance systems) do not have a direct positive or negative health impact as defined by the 'Better Health for All' value. The company's business activities neither promote nor harm health outcomes, and there is no evidence of revenue from products with direct negative health impacts.
2
The provided articles focus on mobility technologies, environmental sustainability, and general corporate social responsibility,
3
but do not contain specific data relevant to health-related KPIs such as user safety records, price accessibility of health products, vulnerable population reach for health needs, health innovation investment, health equity programs, or mental health initiatives.
4

Fair Money & Economic Opportunity

0

FORVIA SE is a global automotive supplier and does not offer lending, deposit, or other financial services to consumers. Therefore, all KPIs related to financial products, pricing, fees, lending compliance, customer debt, and financial literacy initiatives are not applicable. While the company engages in philanthropic activities through the FORVIA Foundation, with a €3m yearly budget and €1,410,000 global funding in 2023 for societal action partnerships, these are focused on education, environment, and mobility, not community finance as defined by the rubric.

1
,
2
Employee share ownership schemes are internal benefits and do not relate to external customer wealth building outcomes from financial services.
3

Fair Pay & Worker Respect

-20

FORVIA's subsidiary HELLA reported a ratio of the highest paid to median employee compensation of 62.4 in 2024.

1
HELLA's employee survey engagement index was 74/100 in 2024.
2
The unintended turnover rate for HELLA was 8.1% in 2024, a decrease from 12.1% in the prior year.
3
HELLA also reported an unadjusted gender pay gap of 33.70% in 2024.
4
The company, Forvia, was fined 500,000 euros on November 15, 2024, for delays in paying suppliers' invoices.
5
Additionally, its former entity, Faurecia, received a $6,360 penalty from the Occupational Safety & Health Administration in 2016 for a workplace safety or health violation.
6
FORVIA SE reported zero health and safety incidents in 2019 and a 100% regulatory compliance rate for its portfolio in 2019, with zero identified violations of laws, regulations, and/or voluntary codes.
7

Fair Trade & Ethical Sourcing

0

No evidence available to assess FORVIA SE on Fair Trade & Ethical Sourcing.

Honest & Fair Business

-30

FORVIA has online reporting systems, tellUS! and Speak Up, for reporting violations such as corruption, anti-competitive practices, and accounting irregularities.

1
The company states it will protect reporting persons who act in good conscience against potential retaliation.
2
However, there is no evidence of independent investigation processes or specific metrics regarding the policy's effectiveness. A comprehensive anti-corruption policy (Document COD-COR-002, Version 02 – 12/22) is in place, with a zero-tolerance stance on corruption.
3
This policy explicitly prohibits facilitation payments and political contributions made on behalf of HELLA.
4
Guidelines for gifts and hospitality (COD-COR-003) and donations and sponsorships (COD-COR-004) also exist.
5
The policy includes risk-based training and monitoring, and covers detailed facilitation payment guidelines.

Kind to Animals

0

No specific, concrete data points were found in the provided articles regarding FAU.XETRA's performance on any of the 'Kind to Animals' KPIs. The articles explicitly state that no data on animal welfare, testing, or sourcing is provided, and contain no information on cruelty-free certifications, humane operations, wildlife conservation, ethical ingredient substitution, supplier audits, cage-free sourcing, animal agriculture ethics, R&D investment in animal-free alternatives, or engagement in animal welfare policy.

1

No War, No Weapons

-40

FORVIA requires its suppliers to comply with its sustainable purchasing policy, which includes respecting human and labor rights, and not using forced or child labor, aligning with the UN Convention on the Rights of the Child and ILO Convention on the Abolition of Forced Labour.

1
Suppliers are also required to comply with laws relating to conflict minerals and conduct due diligence in accordance with the OECD Due Diligence Guidance 5-step framework.
2
The company has been a member of the UN Global Compact since 2004.
3
FORVIA's Code of Ethics contains rules and principles for employees and business partners, and suppliers are regularly audited for compliance with its Code of Conduct.
4
Suppliers are assessed annually or every three years based on their EcoVadis score, with a minimum score of 45/100 required in 2023.
5
FORVIA's risk mapping integrates key suppliers' risk management, overseen by the Risk Committee quarterly.
6
The company requires partners to ensure compliance with export control, sanctions, and embargo laws, and to exclude affected parties from the supply chain with immediate effect.
7

Planet-Friendly Business

0

No evidence available to assess FORVIA SE on Planet-Friendly Business.

Respect for Cultures & Communities

50

In 2023, the company recruited 92% of its managers and skilled professionals from local communities.

1
The FORVIA Foundation supports local solidarity actions and projects in countries where the company operates, focusing on mobility, the environment, and education.
2

Safe & Smart Tech

0

FORVIA implements standard encryption practices, using SSL for data transmission on portals requiring registration and user login information, and cryptography for sensitive data.

1
The company has no documented incidents of unauthorized data use and provides users with standard data control options, including rights to access, rectification, erasure, and data portability, particularly for users in the EU, UK, or Switzerland.
2
FORVIA also states its dedication to protecting personal data in line with global data protection standards such as GDPR and the recommendations of the CNIL.
3
The company defines a product cybersecurity process in accordance with ISO/SAE 21434 and deploys a Product Security Incident Response Team (PSIRT) to monitor product vulnerabilities.
4
Additionally, FORVIA certifies all new sites under the TISAX standards, an industry-specific information security standard.
5
The company's Electronics Business Group focuses on smart car access solutions and electronic control units, which include access and authorization systems for keyless entry.
6

Zero Waste & Sustainable Products

-40

In 2023, FORVIA achieved a waste recycling rate of 68%.

1
The company applies circular design principles, addressing Scope 3 emissions through eco-design and lifecycle analysis, and developing materials like NAFILean (100% recyclable biocomposite) and Auraloop (100% recyclable cushioning).
2
FORVIA has a target to reduce waste intensity by 35% by 2027 compared to 2019 and achieve an 80% recycling rate by 2030.
3
The company assesses 84% of its direct purchasing volume for CSR, representing approximately 2,000 suppliers.
4
FORVIA integrates regulatory requirements for hazardous waste, tracking and managing refrigerant gases and implementing secondary containment systems.
5
No specific waste disposal violations, fines, or compliance issues were explicitly mentioned in the 2023 Sustainability Report Summary.
6

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.