As we head into a new decade, it’s an exciting time at Magna as we act to ensurethe health of our business with long-term product strategies that will shape thecompany for years to come. At the same time, we are mindful of our actions andhow 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 operatingaccording to sustainable principles and practices. Not just because it’s the rightthing to do but because we want to do it.
We already have so many great examples of how Magna is working to saveresources and the planet, from big things such as powertrain electrification tosmall, but important steps such as increasing recycling efforts, reducing energyconsumption, and boosting our community and volunteer efforts. We willshowcase 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 arebolstering our sustainability efforts by:
-Implementing greener initiatives in the form of three new Magna EnvironmentalPrinciples that went into effect in early 2020 and focus on regulatoryrequirements in our divisions.
-Continuing to invest in ADAS (advanced driver-assistance systems), electrification,lightweighting and LED lighting, as we deliver products that help our customersachieve their goals, including cutting vehicle emissions and improving fueleconomy.
-Fostering a diverse and inclusive workforce that can continue to contribute theirperspectives and talents to improve our organization.
-Striving to reach our goal of $2 million matched in the "Magna MatchingProgram" by the end of this year, as part of our charitable contributions toenhance all of the employee-led community efforts of our workforce.
Together, we’re on a sustainability path that drives our business decisions and fuelsour innovations. Delivering a sustainable, safer and more accessible future for allwho 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 andfor generations to come.
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We already have so many great examples of how Magnais working to save resources and the planet, from bigthings such as powertrain electrification to small, butimportant steps such as increasing recycling efforts.
As the 50th anniversary of EarthDay – April 22, 2020 – draws near, weare looking for stories about howMagna people are promotingsustainability and helping to save theplanet at work or in their personallives. Please share them with us byemailing magna.people@magna.com.Our hope is to gather 50 stories thatinspire us and show that we are allPart of Something Bigger.