Stellantis N.V.

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Stellantis N.V.
Bedrijf Logo
Quick Facts
TypePublic
sectorAutomotive Production System
Headquarters (Benelux Organization)Amsterdam, Netherlands
Year of Origin2021
Emissions (All Scopes)11,68 Megatons of CO2 (2020)
Net IncomeUSD$33 million (2020)
Key PeopleJohn Elkann (Chairman), Carlos Tavares (CEO), Robert Peugeot (Vice Chairman)
Subsidiaries
  • Comau
  • Sevel
  • VM Motori
  • PCMA
  • Teksid
  • Dongfeng Peugeot-Citroën
  • FCA Bank
  • GAC Fiat Chrysler
  • IKAP
  • Tofaş

Stellantis N.V. , stylized as Stellantis is an international automotive producer. [1] The company was created in January 2021 through a merge of Peugeot S.A.(PSA) into Fiat Chrysler Automobiles N.V.(FCA) with Fiat Chrysler Automobiles N.V. as the surviving company in the 'merger'. [2] After the merge the company was renamed Stellantis N.V. Stellantis owns 14 automotive brands (Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, Fiat, Jeep, Lancia, Maserati, Opel, Peugot, Ram, and Vauxhall.[3] Stellantis' headquarters are located in Amsterdam, the Netherlands. In 2020 Stellantis had a total of 189,512 employees[4] The company has industrial operations in nearly 30 countries and consumers in more than 130 markets. [5] Revenue of Stellantis was 88,676 million euros in 2020 of which 24 million euros was profit [6]

With annual sales of approximately eight million vehicles, Stellantis is ranked as the fourth-largest global automaker by volume.[7] With this ranking, Stellantis is without question a key player in its industry.

Company Structure

Board of Directors

The Board of Directors is responsible for the management and strategic direction of the group. [8] After the merge in 2021 a new executive board was created. Only John Elkann and Andrea Agnelli stayed on as members.[9]

Executive Board (2021)[10]
Name Function
John Elkann Chairman
Carlos Taveres CEO
Robert Peugot Vice Chairman
Henri de Castries Senior Independent Director
Andrea Agnelli Non-executive Director
Fiona Clare Cicconi Non-executive Director
Nicolas Dufroucq Non-executive Director
Ann Frances Godbehere Non-executive Director
Wan Ling Martello Non-executive Director
Jacques de Saint-Exupéry Non-executive Director
Kevin Scott Non-executive Director
FCA Executive Board (2020)[11]
Name Function Remuneration x1000EUR[12]
John Elkann Chairman 2391,2
Michael Manley CEO 11729,6
Richard Palmer CFO 4471,5
John Abbott Non-executive Director 43,8
Andrea Agnelli Non-executive Director 45,9
Tiberto D'adda Brandolini Non-executive Director 44,7
NGlenn Earle Non-executive Director 71,5
Valerie Mars Non-executive Director 60,9
Ruth J. Simmons Non-executive Director Unkown
Ronald L. Tompson Non-executive Director 58,2
A. Michelangelo Volpi Non-executive Director 52,4
T. Patience Wheatcrof Non-executive Director 59,7
Ermenegildo Zegna Non-executive Director 68

Accountant

The independent auditor of Stellantis is Ernst & Young Accountants LLP.[13] The sustainability report of FCA was checked by an external independent audit firm, Deloitte & Touche S.p.A. [14] The firm Grant Thornton was the independent auditor for the PSA CRS report.[15]

Operations

Stellantis manufactures and markets automobiles and commercial vehicles.[16] The company also produces metallurgical products and production systems for the automobile industry, as well as owns publishing and insurance companies.[17] Stellantis has not received NOW support from the Dutch government. [18] Stellantis does not have Royal status.[19]

Paris Agreement to Today

beschrijving van wat het bedrijf heet gedaan en misdaan sinds het akkoord van Parijs

Current Policies and Emissions

As Stellantis was created in 2021 through the merge of PSA and FCA, currently the sustainability report of this company is not yet available. Stellantis does state on their website that, they take the 2030 United Nations Sustainable Development Goals as a framework for our actions in the transition to a more sustainable future.[20]

Note: The next section on Policies, Emissions, and Climate Plans will be on the data provided by both PSA and FCA in their CRS report and sustainability report. The creation of Stellantis produces a new company and therefore a simple combination of the emissions and goals of PSA and FCA is not enough to get a clear overview of the new company. The stellantis CRS report will be published in the spring of 2022 and will provide more accurate data on the company as a whole.[21]

PSA

Total emissions XXX Megatonnes of CO2 (2020)
Scope 1 Scope 2 Scope 3
0.686689 Megatonnes of CO2 (2020) 0.200595 Megatonnes of CO2 (2020) 0.004251 Megatonnes of CO2 (2020)

Scope 1 and 2

GHG Emissions(tons of CO2)[22]
Type Scope 1 Scope 2 total emissions (Scope 1 + 2)
Automotive Division 676,835 192,745 869,580
Automotive Trade 9,855 7,850 17,705
Total 686,690 200,595 887,285


Scope 3

In 2019 scope 3 emissions from purchases of material and components were 4,251 thousand tons of CO2. [23] the emissions from business travel was 5895.328 tons of CO2. [24] This includes both air travel and train transport.

FCA

Total emissions XXX Megatonnes of CO2 (2020)
Scope 1 Scope 2 Scope 3
0.877603 Megatonnes of CO2 (2020) 2.035614 Megatonnes of CO2 (2020) 0.001296 Megatonnes of CO2 (2020)


Scope 1

The direct emissions were 877,603tons of CO2 in 2020.[25]

Scope 2

The indirect emissions were 2,035,614 tons of CO2 in 2020.[26]

Scope 3

Indirect CO2 Emissions from Logistics Processes (Thousands of tons of CO2)[27]
Type 2020 2019 2018
Upstream 716 791 853
Downstream 521 641 678
Mopar 59 59 57
Total 1,296 1,491 1,588

Climate Plans

PSA

Groupe PSA has identified three CRS issues that are related to Climate Change:

1. Cutting CO2 Vehicle emissions

In order to work on this issue, PSA has set a target of a reduction of 37% per vehicle kilometer of GHG emissions by 2034 from a 2018 base year, assessed on a well-to-wheel perimeter.[28] This target has been approved by the Science Based Targets initiative (SBTi) as the unconditional necessity to limit global warming to 2 degrees.[29]

Another target that has been set is, in 2025 100% of the models marketed by the PSA Groupe worldwide will be proposed in electric or plug-in hybrid versions. [30]


2. Moving forward into a carbon-efficient industrial system 3. Improving the environmental performance of the supply chain and logistics

FCA

Conclusion

Beschrijving of de plannen in lijn zijn met 'Parijs'

References

  1. ↑ https://www.stellantis.com/en/company/about-us
  2. ↑ https://www.stellantis.com/content/dam/stellantis-corporate/investors/financial-reports/Stellantis_2020_12_31_Annual_Report.pdf P6
  3. ↑ https://www.stellantis.com/en/search?q=
  4. ↑ https://www.stellantis.com/content/dam/stellantis-corporate/investors/financial-reports/Stellantis_2020_12_31_Annual_Report.pdf P28
  5. ↑ https://www.stellantis.com/en/company/about-us
  6. ↑ https://www.stellantis.com/content/dam/stellantis-corporate/investors/financial-reports/Stellantis_2020_12_31_Annual_Report.pdf,P13
  7. ↑ https://www.forbes.com/wheels/news/stellantis-fiat-chrysler-merges-with-psa-becoming-worlds-fourth-largest-automaker/
  8. ↑ https://www.stellantis.com/en/company/governance/leadership
  9. ↑ https://www.stellantis.com/content/dam/stellantis-corporate/investors/financial-reports/Stellantis_2020_12_31_Annual_Report.pdf P160
  10. ↑ https://www.stellantis.com/en/company/governance/leadership
  11. ↑ https://www.stellantis.com/en/company/governance/leadership
  12. ↑ https://www.stellantis.com/content/dam/stellantis-corporate/investors/financial-reports/Stellantis_2020_12_31_Annual_Report.pdf P160
  13. ↑ https://www.stellantis.com/content/dam/stellantis-corporate/investors/financial-reports/Stellantis_2020_12_31_Annual_Report.pdf P3
  14. ↑ https://www.stellantis.com/content/dam/stellantis-corporate/sustainability/csr-disclosure/fca/fca_2020_sustainability_report.pdf P166
  15. ↑ https://www.stellantis.com/content/dam/stellantis-corporate/sustainability/csr-disclosure/psa/groupe_psa_2020_csr_report.pdf P308
  16. ↑ https://www.bloomberg.com/profile/company/FCAU:AV
  17. ↑ https://www.bloomberg.com/profile/company/FCAU:AV
  18. ↑ https://www.uwv.nl/overuwv/Images/uwv-register-now-vijfde-aanvraagperiode.pdf
  19. ↑ https://www.koninklijkhuis.nl/onderwerpen/onderscheidingen/predicaat-koninklijk/overzicht-predicaat-koninklijk
  20. ↑ https://www.stellantis.com/en/responsibility/csr-vision
  21. ↑ https://www.stellantis.com/en/responsibility/responsible-purchasing-practices
  22. ↑ https://www.stellantis.com/content/dam/stellantis-corporate/sustainability/csr-disclosure/psa/groupe_psa_2020_csr_report.pdf P82
  23. ↑ https://www.stellantis.com/content/dam/stellantis-corporate/sustainability/csr-disclosure/psa/groupe_psa_2020_csr_report.pdf P86
  24. ↑ https://www.stellantis.com/content/dam/stellantis-corporate/sustainability/csr-disclosure/psa/groupe_psa_2020_csr_report.pdf P90
  25. ↑ https://www.stellantis.com/content/dam/stellantis-corporate/sustainability/csr-disclosure/fca/fca_2020_sustainability_report.pdf P133
  26. ↑ https://www.stellantis.com/content/dam/stellantis-corporate/sustainability/csr-disclosure/fca/fca_2020_sustainability_report.pdf P133
  27. ↑ https://www.stellantis.com/content/dam/stellantis-corporate/sustainability/csr-disclosure/fca/fca_2020_sustainability_report.pdf p103
  28. ↑ https://www.stellantis.com/content/dam/stellantis-corporate/sustainability/csr-disclosure/psa/groupe_psa_2020_csr_report.pdf P61
  29. ↑ https://www.stellantis.com/content/dam/stellantis-corporate/sustainability/csr-disclosure/psa/groupe_psa_2020_csr_report.pdf P61
  30. ↑ https://www.stellantis.com/content/dam/stellantis-corporate/sustainability/csr-disclosure/psa/groupe_psa_2020_csr_report.pdf P64
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