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Sustainability & Social Responsibility: Lear 2021 Sustainability Report

Lear releases 2021 Sustainability Report: highlights include Lear’s E-Systems reduced CO2 emissions by 2.7 million metric tons in 2021, firm diverted 144,000 metric tons of waste from landfills, plants in Germany, Poland, UK using 100% renewable energy

Lear acquires seating materials specialist Thagora Technology SRL; acquisition to help reduce scrap, cut energy use during production and provide advanced engineering, logistics with improved material traceability, facility footprint utilization

Lear to acquire I.G. Bauerhin for €140M, with deal to close within nine months; IGB manufactures automotive seat heating, ventilation, active cooling, steering wheel heating, seat sensors, electronic control modules at nine plants in seven countries

Lear reports Q1 net income down at US$49.4M from US$203.7M a year ago, with sales down 3% year-over-year to US$5.2B; new business partially offset decreased production of key Lear platforms caused by 4% drop in global vehicle production

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