TROY,
Mich., April 11, 2022 /PRNewswire/ -- Meritor,
Inc. (NYSE: MTOR) today announced that it has published its 2021
Sustainability Report which is now available on the company's
website at meritor.com.
Highlights from this year's report include the following:
- Review of all-electric, zero-emission ePowertrain lineup
- Workforce diversity and employee engagement strategy
- Expanded disclosures, including under both the Sustainability
Accounting Standards Board (SASB) and the Task Force on
Climate-Related Financial Disclosures (TCFD) to enhance ESG
disclosure
- Established greenhouse gas emissions (GHG) base year and
summarized first GHG reduction targets
- Third party limited assurance of its scope 1 and 2 GHG
emissions base year data.
Meritor is committed to transparency and will report progress
toward these goals annually.
"We made significant progress in the past year on multiple
sustainability efforts," said Chris
Villavarayan, Meritor's chief executive officer and
president. "As a global manufacturing company, we understand the
impact of our actions and will operate with a focus on resource
efficiency and circularity in all our facilities."
Meritor's continued focus on sustainability initiatives are
overseen by its Board of Directors and are also integrated into the
company's upcoming M2025 strategic business plan.
About Meritor
Meritor, Inc. is a leading global supplier of drivetrain,
mobility, braking, aftermarket and electric powertrain solutions
for commercial vehicle and industrial markets. With more than a
110-year legacy of providing innovative products that offer
superior performance, efficiency and reliability, the company
serves commercial truck, trailer, off-highway, defense, specialty
and aftermarket customers around the world. Meritor is based in
Troy, Michigan, United States, and is made up of more than
9,600 diverse employees who apply their knowledge and skills in
manufacturing facilities, engineering centers, joint ventures,
distribution centers and global offices in 19 countries. Meritor
common stock is traded on the New York Stock Exchange under the
ticker symbol MTOR. For important information, visit the company's
website at www.meritor.com.
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SOURCE Meritor, Inc.