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Adient releases its 2024 Sustainability Report

1. Adient released its FY24 Sustainability Report highlighting environmental initiatives. 2. The report aligns with Adient's strategy to be a leading auto seating supplier. 3. Sustainability is central to Adient's operations, enhancing their market reputation. 4. CEO emphasizes commitment to ethical practices and reducing environmental impact. 5. Adient employs over 70,000 people globally, indicating large operational scale.

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FAQ

Why Bullish?

Sustainability reports can enhance investor confidence and brand reputation, similar to past cases in the automotive sector.

How important is it?

The report reflects ongoing commitment to sustainability, which is increasingly important for investors and consumers.

Why Long Term?

Sustained focus on sustainability can lead to long-term gains in market share and consumer trust, illustrated by other companies improving ESG scores.

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PLYMOUTH, Mich., Jan. 29, 2025 /PRNewswire/ --

Adient (NYSE: ADNT), a global leader in automotive seating, yesterday released its fiscal year 2024 Sustainability Report.

"Our 2024 Sustainability Report is a testament to Adient's pursuit of excellence in environmental stewardship, social responsibility and robust governance practices," said Jerome Dorlack, Adient president and CEO. "Our sustainability initiatives continue to support our objective to be a preeminent global supplier of automotive seating. The work detailed in this report is consistent and aligned with our business strategy."

Key Highlights from the 2024 Sustainability Report:

"At Adient, sustainability is at the core of everything we do," said Stephanie Marianos, Adient executive vice president, global IT & business services and sustainability. "Our achievements in fiscal year 2024 reflect our dedication to reducing our environmental footprint and fostering a culture of inclusivity and ethical business practices. We are excited to build on this momentum and drive further positive change in the years to come."

The full Adient 2024 Sustainability Report is available at https://investors.adient.com/adient-sustainability-report

About Adient:

Adient (NYSE: ADNT) is a global leader in automotive seating. With approximately 70,000+ employees in 29 countries, Adient operates more than 200 manufacturing/assembly plants worldwide. We produce and deliver automotive seating for all major OEMs. From complete seating systems to individual components, our expertise spans every step of the automotive seat-making process. Our integrated, in-house skills allow us to take our products from research and design to engineering and manufacturing — and into millions of vehicles every year. For more information on Adient, please visit www.adient.com.

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1 Within Science Based Targets initiative (SBTi) boundaries

2 Carbon dioxide equivalent

3 Total for manufacturing sites in serial production for 18+ months

SOURCE Adient

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