Integrated report 2021 - reinventing inventing

Promoter of carbon-free mobility - Business model

Plastic Omnium designs and produces interactive exterior body systems and modules, energy storage and emission reduction systems for all conventional engine types and zero-emission hydrogen engines. The Group transforms and innovates to create value that is social (People), environmental (Planet) and economic (Profit) for the benefit of all. The Group’s strategy is built on three pillars: Operational Excellence, Innovation and Sustainability.

SUPPORTING CLEAN MOBILITY FOR FUTURE GENERATIONS

RESOURCES

OPERATIONAL EXCELLENCE
  • 93 global customers
  • 165 launches in 2021, 21% for electric vehicles
  • 8% of economic revenue from electric vehicle solutions, +3 points compared to 2020 (like-for-like)
  • 12% of economic revenue in China, +1 point compared to 2020
  • OMEGA transformation program
  • Competitiveness and digitalization at plants for Industry 4.0
INNOVATION
  • Strategic partnerships
  • €294 m invested in 2021, 4.1% of economic revenue
  • Complete hydrogen product line-up at scale
  • €300 m invested since 2015 in hydrogen, with forecasted €100 m annual investment in the coming years
  • A portfolio of 2,534 patents in 2021
SUSTAINABLE
DEVELOPMENT
  • Sustainable Development department established in January 2021
  • Climate targets: Carbon neutrality ACT FOR ALL program Top Planet program