Autoliv’s sustainability work is managed within a well-defined governance structure, through clearly established ownership and responsibilities at multiple levels in the organization.
The underlying principle of our governance model is integrating sustainability responsibilities into the ordinary course of business and company processes. This means that the ultimate responsibility for executing sustainability activities and targets lies with the line organization and is monitored through management reporting. According to our Key Behaviors, we expect every employee to take ownership of sustainability topics by proactively contributing improvement ideas and by following company policies and standards.
Ultimate oversight of the company’s sustainability activities lies with the Board of Directors. The Board sets the direction for sustainability activities and regularly monitors progress on Autoliv’s sustainability strategy and targets through its Nominating and Corporate Governance Committee (NCGC). The Board reviews and approves the Code of Conduct as well as the Sustainability Report and Forced Labor Statement (covering UK Modern Slavery Act & California Supply Chain Act Statement).
Implementation responsibility for sustainability lies with the Executive Management Team (EMT). The EMT has appointed a Sustainability Board charged with providing regular direction and oversight. The Sustainability Board consists of the CEO and other EMT members and meets at a minimum on a quarterly basis. The Sustainability Board reviews and approves Autoliv’s sustainability strategy and key targets, plans and initiatives, new corporate policies, and monitors implementation and performance. The Sustainability Board also ensures that key strategic decisions and corporate policies are brought to the EMT for approval.
Integration of sustainability into Autoliv’s business is led by the HR & Sustainability function. The Vice President, Sustainability, who reports to the Executive Vice President, HR & Sustainability, coordinates, develops and monitors Autoliv’s sustainability agenda and facilitates the Sustainability Board meetings and other sustainability-related reporting to management. Everyday sustainability topics are managed, as appropriate, by the HR & Sustainability function, other corporate functions such as supply chain management, research, development & engineering, legal & compliance, and the divisions. Divisions and corporate functions have dedicated sustainability resources such as climate coordinators, health & safety coordinators, eco-design/life-cycle assessment experts and supply chain sustainability specialists.
Our sustainability work is guided by Autoliv's Code of Conduct and supporting policies.