PR87987

SOUTHFIELD, Mich., Feb. 8, 2020 /PRNewswire=KYODO JBN/ --

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

and E-Systems, has been named to FORTUNE magazine's "World's Most Admired

Companies" list for the fifth consecutive year.

Lear was awarded fourth place overall in the Motor Vehicle Parts category – the

highest ranking for a U.S.-based automotive supplier.

"Receiving this accolade once again is a tremendous tribute to our diverse team

and inclusive culture," said Ray Scott, Lear President and CEO. "Their

commitment to operational excellence, bringing innovative solutions to our

customers and fostering an inclusive culture are the reasons for our success.

We pride ourselves on working as a team, understanding our customers' needs,

supporting local communities and driving long-term profitable growth."

In 2020, Lear took several actions to support these objectives, including:

• Creating the Safe Work Playbook in response to the COVID-19 pandemic. Lear

shared the 80-plus page document publicly to help other companies reestablish a

workplace where employees feel comfortable performing their jobs safely,

resulting in more than 35,000 downloads.

• Adding production capacity to produce more than 10 million face masks for

first responders, front line workers, non-profits, local communities and its

employees.

• Announcing several new environmental goals, including aspiring to achieve net

zero carbon emissions by 2050, and planning to use 100% renewable energy at the

company's manufacturing facilities while reducing carbon emissions by 50% by

2030.

• Joining the United Nations Global Compact, the world's largest corporate

responsibility initiative.

• Being honored as a diversity-focused company by Corp! Magazine.

• Receiving two J.D. Power 2020 U.S. Seat Quality and Satisfaction StudySM

awards, sweeping the mass market car categories

• Winning an Automotive News 2020 PACE Award for the innovative in-vehicle

commerce platform Xevo Market.

In collaboration with global management consulting firm Korn Ferry, FORTUNE

compiled its annual list after surveying 3,820 executives, directors, and

analysts from 670 global companies in 52 industry groups about corporate

reputation.

Respondents ranked the reputations of companies based on nine factors,

including management and leadership quality, product and service quality,

innovation, social responsibility, global competitiveness and value as a

long-term investment.

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 ( https://lear.com/ ), or

follow us on Twitter @LearCorporation.

SOURCE: Lear Corporation