2020
SUSTAINABILITY REPORT
FCA N.V. SCOPE
Contents
Message to Stakeholders | 3 | Products and Customers | 68 | |||
Message from the Chairman and the CEO | 3 | Research and Development | 69 | |||
2020 Sustainability Highlights | 5 | Efficient Powertrains and Technologies | 72 | |||
Sustainable Design | 84 | |||||
Customer Focus | 88 |
Business Model and Governance | 7 | Production and Responsible Sourcing | 96 | |||
Business Model and Value Chain | 8 | Production | 97 | |||
Materiality and Stakeholder Engagement | 12 | Responsible Sourcing | 104 | |||
Sustainability Targets | 17 | |||||
Corporate Governance | 31 | |||||
Risk Management | 41 |
Employees and Community | 49 | Supplemental Information | 115 | |||
Employees | 50 | Facts & Figures | 116 | |||
Community | 63 | Definitions, Methodology and Scope | 148 | |||
Reporting Standards and Frameworks | 150 | |||||
Independent Auditor's Report | 166 | |||||
Forward-Looking Statements | 167 | |||||
About this Report | 168 |
2020 SUSTAINABILITY REPORT
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Message to Stakeholders Message from the Chairman and the CEO
Message from
the Chairman and the CEO
Some years are so eventful that we know as we live through them that they will go down in the history books, and 2020 will undoubtedly join that list.
It was more challenging than anybody could ever have imagined, proving that even when we believe we've thought of and planned for everything, we must always be ready for the totally unexpected and that nothing should surprise us.
As the pandemic spread across the world, it changed our lives, impacted our relationships and upset the sense of normality we often took for granted, taking its human, economic and emotional toll on our societies as it went. But 2020 also reminded us that times of crisis reveal the true character of an organization and its people.
Not only did FCA move quickly to safeguard the health and welfare of its people and the societies where they live, it supported our customers and dealers, and protected the financial health of the business. It also stepped in to help our local communities and provide support to first responders and healthcare workers across the globe.
The commitment and solidarity FCA's people have shown when providing much needed assistance around the world - building two fully equipped field hospitals in Brazil and one in Argentina; making and repairing ventilators; producing face masks and face shields, with a daily production of some 23 million masks in Italy; providing vehicles and ambulances to first responders; and donating over 15 million meals to school-age children to help end childhood hunger in the United States - is a true testament to their extraordinary spirit, courage and perseverance.
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Message to Stakeholders Message from the Chairman and the CEO
While the pages of this year's Report do not yet represent the consolidated results and accomplishments of Stellantis N.V., which began life at the beginning of 2021, they provide the current perspective of a company that entered into this new venture with a sustainable track record of execution and delivery and solid financial foundations.
FCA closed 2020 with strong full year results, despite the impact of COVID-19, with Adjusted EBIT of €3.7 billion and a 4.3% Adjusted EBIT margin.
As lockdown restrictions have been gradually, if unevenly, eased across the world, and the business environment has begun to show improvement in the second half of the year, FCA delivered two consecutive record quarters, which are an eloquent reflection of its operating potential in a more normalized environment. The strong close to the year, with the truly outstanding performance achieved during the second half, not only demonstrates the resilience of FCA's business model, but it is also the best way to fully comprehend FCA's capabilities, employees' commitment, strength and solid foundations as it transitioned into Stellantis in mid-January.
The fact that FCA entered this new and exciting era in such robust shape is a great tribute to Mike Manley and his leadership. We want to thank him for guiding FCA, in particular during such a challenging year, protecting its employees and supporting the community at large, and always ensuring that the company performed to the highest standards. And we are very happy that he will continue to play a fundamental role in the future of Stellantis.
Groupe PSA successfully navigated the same challenging year.
Even if its 2020 consolidated results are not included in the pages of this Report, Groupe PSA achieved a remarkable performance: its focus on execution and agility allowed it to weather this tough year, and maintain a high level of profitability in its Automotive business, with a strong Net Financial Position.
Based on both founding companies' track records of performance and competitive spirit, the creation of Stellantis marked a new chapter powered by the combination of two automakers each contributing a rich heritage, iconic brands, and talented people.
Stellantis represents one of the world's leading automakers, but more importantly it is a company with the scale, the resources, the diversity and the know-how to successfully capture the opportunities of the new era ahead of us.
We will leverage the benefits of Stellantis and our unmatched competitive advantages to provide our customers with clean, safe and affordable mobility, while offering distinctive, convenient and innovative vehicles and services.
We also believe that long-term success is achieved by linking economic growth with environmental stewardship and financial performance with social responsibility.
As a global company, we will always strive to ensure that our ESG focus is embedded into our strategy and that our growth ambitions are compatible with sustainable development practices, conscientiously seeking the right balance in every choice we make as we provide sustainable and affordable mobility.
This approach also involves our commitment to supporting the fight against climate change and contributing to a decarbonized economy by engaging our talents and assets on the path to carbon neutrality across our products and footprint.
Diversity and inclusion are an intrinsic part of our company's fabric, and we intend to make them distinctive strengths of Stellantis, relying on the talent of our more than 400,000 people around the world and the shared values that drive us in this new journey.
We would like to recognize and thank everyone in the Stellantis organization for their perseverance and continuing contributions after such a challenging and pivotal year. Their relentless hard work and resilience will be crucial to our future success.
And we would also like to thank all of our shareholders and stakeholders for standing with us during this most difficult time and for your continued trust, support, and engagement as we now move forward together as Stellantis into the next chapter of our extraordinary adventure.
March 4, 2021 | |
/s/ | /s/ |
John Elkann | Carlos Tavares |
Chairman | Chief Executive Officer |
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Message to Stakeholders 2020 Sustainability Highlights
2020 SustainabilityHighlights
189,500+
employees
Ranked for the
third consecutive year in the
Refinitiv Diversity & Inclusion Index
in the global "Top 100 Most Diverse & Inclusive Companies"
Customers in more
than 130 countries
Operations
in 40 countries
€3.9 Billion in
Research and
Development
~€37.8
million committed
to benefit local communities
75% of FCA's Brazilian plants
are Carbon Neutral
2020 SUSTAINABILITY REPORT
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Disclaimer
Stellantis NV published this content on 06 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 April 2021 22:33:03 UTC.