Plastic Omnium // 2021 Universal Registration Document
NON-FINANCIAL REPORTING DISCLOSURE Sustainability at the heart of market trends
4.1
SUSTAINABILITY AT THE HEART OF MARKET TRENDS
The automotive industry is undergoing profound change, initiated by both technological and societal disruption linked to the climate emergency and consumer expectations. It is experiencing a striking polarization between growing needs for mobility, on one hand, environmental impacts, and on the other handand on the other hand regulatory obligations and market challenges accompanying the electrification of transportation. These engage all mobility players to transform in order to be part of the change and build sustainable business models. The Covid-19 crisis has accentuated this underlying trend by increasing awareness of Sustainable Development challenges. Companies are organizing themselves to integrate increasing regulations and the challenges of energy transition, air quality, circular economy and biodiversity into their activities. This also meets stakeholders' expectations:
OEM customers are committed to carbon neutrality and are pushing ● their demands along the entire supply chain; investors expect companies to contribute explicitly to creating a positive ● impact on the environment and the society; job candidates and future talents are choosing their employers based ● on their CSR commitments and concrete actions; company employees want to add purpose to their work; ● public authorities are raising their expectations in terms of the energy ● transition and the circular economy.
To strengthen its resilience and ensure its sustainability, Plastic Omnium is incorporating these expectations, as well as major market trends, into its corporate strategy. Thus, the analysis of a vehicle according to the CASE model (Connected, Autonomous, Shared, Electrified) and the contribution of each of the business lines to these components guide the Group’s strategy, whose ambition is to act to achieve sustainable mobility.
4
ELECTRIFICATION
SUSTAINABILITY
SECURITY AND AUTONOMY
CUSTOMER EXPERIENCES AND EXPECTATIONS
CONNECTIVITY AND DIGITIZATION
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PLASTIC OMNIUM UNIVERSAL REGISTRATION DOCUMENT 2021
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