Sustainability:

Magna’s Goal Today and

For Generations to Come

As we head into a new decade, it’s an exciting time at Magna as we act to ensure the health of our business with long-term product strategies that will shape the company for years to come. At the same time, we are mindful of our actions and how they can affect future generations.

That is why sustainability, and its environmental, social and economic benefits, remains key for Magna in 2020 and beyond. We’re committed to operating according to sustainable principles and practices. Not just because it’s the right thing to do but because we want to do it.

We already have so many great examples of how Magna is working to save resources and the planet, from big things such as powertrain electrification to small, but important steps such as increasing recycling efforts, reducing energy consumption, and boosting our community and volunteer efforts. We will showcase several of these in an upcoming sustainability issue of Magna People.

I’m proud of our progress, but there is room to do more. This year, we are bolstering our sustainability efforts by:

-Implementing greener initiatives in the form of three new Magna Environmental Principles that went into effect in early 2020 and focus on regulatory requirements in our divisions.

-Continuing to invest in ADAS (advanced driver-assistance systems), electrification, lightweighting and LED lighting, as we deliver products that help our customers achieve their goals, including cutting vehicle emissions and improving fuel economy.

-Fostering a diverse and inclusive workforce that can continue to contribute their perspectives and talents to improve our organization.

-Striving to reach our goal of $2 million matched in the "Magna Matching Program" by the end of this year, as part of our charitable contributions to enhance all of the employee-led community efforts of our workforce.

Together, we’re on a sustainability path that drives our business decisions and fuels our innovations. Delivering a sustainable, safer and more accessible future for all who share the road will only be possible through the actions of our employees – people like you who realize that each one of us can make a difference, today and for generations to come.

We already have so many great examples of how Magna is working to save resources and the planet, from big things such as powertrain electrification to small, but important steps such as increasing recycling efforts.

As the 50th anniversary of Earth Day – April 22, 2020 – draws near, we are looking for stories about how Magna people are promoting sustainability and helping to save the planet at work or in their personal lives. Please share them with us by emailing magna.people@magna.com. Our hope is to gather 50 stories that inspire us and show that we are all Part of Something Bigger.

Don Walker,

Magna chief executive officer