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SOUTHFIELD, Mich., Oct. 23, 2020 /PRNewswire=KYODO JBN/ --

Company targets 2030 to convert to 100% renewable energy and cut carbon

emissions by 50%

Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating

and E-Systems, today expanded its sustainability efforts by announcing several

new environmental goals, including achieving net zero emissions by 2050.

Photo:

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Caption: Lear Climate Change Strategy Aims for Net Zero Emissions by 2050

Lear further plans by 2030 to use 100% renewable energy at the company's

manufacturing facilities and reduce carbon emissions by 50%. The timeframes

align with the U.N. Intergovernmental Panel on Climate Change to limit global

warming, based on 2019 data.

"Setting the goal for Lear to achieve net zero emissions by 2050 is a

significant next step that builds on actions already underway at our company,"

said Ray Scott, President and CEO. "We believe designing and manufacturing

products with world-class innovation and quality for our customers is

compatible with protecting the environment. These efforts go hand in hand."

To attain net zero emissions by 2050, Lear will increase renewable energy use,

improve energy efficiency at facilities, expand engineering efforts for vehicle

electrification and lighter weight products, and heighten sustainability

requirements for its suppliers. Lear is committing to these actions with an

understanding of the potential challenges that are ahead, including the

availability of renewable energy, changing directives from local governments,

unpredictable financial markets and long-term support from consumers for zero-

or low-emission solutions.

"To achieve these goals, we will partner with our customers, suppliers and

policymakers to focus on further advancing technologies that reduce carbon

emissions," Scott said. "We will also encourage our employees to contribute to

creating a cleaner environment, not only while they are at work, but while they

are at home, too."

The goals to reduce Lear's carbon footprint are just one aspect of the

company's overall environmental, social and governance (ESG) efforts, as will

be highlighted in its upcoming corporate sustainability report. Other

highlights include new zero deforestation and human rights policies.

About Lear Corporation

Lear, a global automotive technology leader in Seating and E-Systems, enables

superior in-vehicle experiences for consumers around the world. Our diverse

team of talented employees in 39 countries is driven by a commitment to

innovation, operational excellence, and sustainability. Lear is Making every

drive better™ by providing the technology for safer, smarter, and more

comfortable journeys. Lear, headquartered in Southfield, Michigan, serves every

major automaker in the world and ranks 166 on the Fortune 500. Further

information about Lear is available at lear.com, or follow us on Twitter

@LearCorporation.

Source: Lear Corporation