As a global technology leader, Garrett is committed to conducting business at every organizational level in an ethical manner, fostering environmental and social sustainability. Our actions and decisions are all geared towards creating meaningful impact.
Throughout this Garrett Sustainability Report, you will learn about the ways we’re contributing to a more sustainable future.
GHG emissions reduction target by 2030 (Scope 1+2)
Reduction of our GHG emissions (Scope 1+2) in 2022
Female representation in our global team
Invested in Health & Safety projects across Garrett
Of revenue and R&D spend focused on clean mobility
Global operational waste recycled in 2022
Our sustainability strategy starts from our mission to make vehicles cleaner, more efficient and connected. Our differentiated product portfolio is centered around emission-reduction and zero-emission technologies that help shape the clean transportation future we envision. This is at the core of our lasting, positive contribution to society.
The mission is supported by two main pillars:
We are cultivating a culture of innovation and place a high value on developing the right working environment and the right skillsets to advance our performance culture. This supports our sustainable growth strategy and ensures that the world at large will continue to benefit from our breakthroughs in emission reduction and zero-emission solutions that advance sustainable mobility. Operating responsibly is not only what we do, but how we do it. We run our operations with the objective of minimizing environmental footprint, safeguarding natural resources, reducing emissions and ensuring a safe place to work for our employees.
At Garrett we are committed to operate responsibly, and be a respected corporate citizen.
We continue to develop solutions for the automotive industry’s most pressing sustainability issues, while ensuring our operations are mindful to the environment and communities in which we serve and comply with all applicable laws and regulations.
Our corporate governance practices, internal policies, procedures and programs, as well as Garrett’s Business Code of Conduct allow us to keep the highest level of business ethics, integrity and transparency.
Read more in our latest Sustainability Report
In 2023, we have launched a science-based Greenhouse gas (GHG) emission reduction target for Garrett. We are committed to reduce our GHG emissions by 46.2% by 2030, with a 2019 baseline. The scope for the target our own operations (e.g. scope 1 and scope 2).
A science-based target means that it aligns to the Paris Agreement to limit global warming to 1.5°C compared to pre-industrial levels. Our approach to this reduction is to focus on energy management and efficiency as well as on-site renewable energy (e.g. solar).
We reduced our CO2 emissions by 9% (scope 1+2) in 2022.
Read more in our latest Sustainability Report
We are committed to achieving workplace diversity and fostering a culture of inclusion. Diversity & Inclusion are core components of embracing the many different talents and backgrounds of Garrett’s employees.
We use policies and programs to create an environment where everybody — regardless of race, ethnicity, sexual orientation, gender identity, age, language, abilities/disabilities, socioeconomic status, geographic region, national origin or other diversity — are involved, supported, respected and connected so they can reach their maximum potential.
We reached 21.8% female representation in 2022
Read more in our latest Sustainability Report
The development of our people is a top priority, making sure continuous development, career exploration and growth are within everyone’s reach. Within Garrett, the term “Career Development” includes a wide range of development experiences aimed at developing the depth or breadth of expertise and acquiring new skills and mindsets, within or beyond the current job role. Our diverse range of programs caters to various target populations, including new managers, future leaders, and teams or individuals seeking to address specific skills gaps or future development needs.
In 2022, we increased total training hours by +18% compared to 2021, reaching almost 78,000. The average number of trainings hours per salaried employee was 17.9.
Read more in our latest Sustainability Report
EcoVadis awarded Garrett with GOLD rating in 2022. This means that we are ranking in the top 2% among companies in the automotive supply industry. EcoVadis is a global sustainability rating that cover four key topics: Environment, Labor & Human Rights, Ethics and Sustainable Procurement.
We have a B score on CDP Climate Change, C score on CDP Water Security and received an A- CDP Supplier Engagement Rating for climate change in 2022.
The UN Sustainable Development Goals (UN SDGs) is an ambitious plan to create a better world by 2030. At Garrett, while we contribute to many of the SDGs, we have identified five that are most relevant to our business and where we primarily focus.
LEARN MORE IN OUR SUSTAINABILITY REPORT
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