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AUBURN HILLS, Mich., Sept. 9, 2022 /PRNewswire/ — Nexteer Automotive has been named a constituent member of the Hang Seng Corporate Sustainability Benchmark Index (“HSSUSB”) for the sixth consecutive yr. HSSUSB is reviewed yearly and acknowledges the highest 20% of eligible firms with excessive environmental, social and company governance (ESG) requirements. Nexteer is one of the 96 constituent members chosen this yr and has been included in this Index yearly since its preliminary induction in 2017.
“Nexteer is proud to once again be recognized by the Hang Seng Corporate Sustainability Benchmark Index for our high ESG standards and commitment to innovation and value creation that drive a more sustainable future,” stated Robin Milavec, President, Chief Technology Officer (CTO), Chief Strategy Officer (CSO), Executive Board Director and Chair of the Sustainability Steering Committee, Nexteer Automotive. “Sustainability is a key part in achieving our vision to be the global leading motion control technology company accelerating mobility to be safe, green and exciting. Our company culture encourages all employees to embrace sustainability and work together to make tomorrow better than today.”
To be taught extra about Nexteer’s general sustainability efforts, please go to the Company’s sustainability webpage. Nexteer’s sustainability framework operates by 5 key focus areas: Business Ethics; Supply Chain; Environmental, Health and Safety; Community; and Value Creation.
About the Hang Seng Corporate Sustainability Index Series
The Hang Seng Corporate Sustainability Index Series supplies benchmark for sustainability investments. It composes of 5 indexes, together with the HSSUSB, recognizing firms listed on the Hong Kong Stock Exchange that carry out properly with respect to company sustainability.
Constituent choice is predicated on a strong course of that features consideration of the outcomes from a sustainability evaluation undertaken by Hong Kong Quality Assurance Agency (HKQAA), an unbiased {and professional} evaluation physique, utilizing its proprietary sustainability evaluation and ranking framework. The course of ensures that indexes in the Hang Seng Corporate Sustainability Index Series are goal, dependable and of excessive investability, making them wonderful benchmarks for index funds that undertake a company sustainability theme.
About Nexteer
Nexteer Automotive (HK 1316) is a international main movement management expertise firm accelerating mobility to be protected, inexperienced and thrilling. Our revolutionary product and expertise portfolio contains electrical and hydraulic energy steering programs, steer-by-wire programs, steering columns and intermediate shafts, driveline programs, eDrive and software program options. The firm solves movement management challenges throughout all megatrends – together with electrification, software program/connectivity, ADAS/automated driving and shared mobility – for greater than 60 clients around the globe together with BMW, Ford, GM, RNM, Stellantis, Toyota and VW, as properly as automakers in India and China. www.nexteer.com
Link to Nexteer Media Center
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