Our goal is to develop products that protect people in accidents without having a negative impact on our environment. From innovation to disposal, we consider the potential environmental impact when we design our products and processes. In various ways raw materials, components, manufacturing, use and end-of-life considerations impact our thinking and final product specifications. This include low-weight safety systems, use of alternate energy in our products, and improved fuel efficiency.
1P1P drives our global standardization of products and processes for improved customer value, profitability and product robustness. 1P1P also supports our sustainability goals by reducing production complexity through decreasing number of variants and processes while minimizing scrap and environmental impact imposed by logistics. For instance, in our Ecotech seatbelt webbing 1P1P project, we were able to reduce the complexity of this webbing type, by lowering the number of standard bills of material from 21 to 1 globally and by lowering the number of component part numbers from 25 to 2. This also helped our supplier consolidation efforts, moving from 7 to 4 yarn suppliers. This reduction of complexity supports our goal of improving the sustainability of our products.
Our Vision to save more lives is embraced by all our employees globally. Our products work at the heart of the vehicle, constantly looking ahead and around assisting drivers to reach their destinations safely and sustainably. We are equally passionate about our environment and design our products with sustainability in mind. Our recently announced joint venture with Nissin Kogyo* allows us to further our goal to develop products that protect the environment. Nissin Kogyo is a leader in regenerative braking, which supports the carbon footprint of hybrid and electric cars. Regenerative braking works by slowing the vehicle through the electric motor and transforming its kinetic energy in a way that can either be used directly or can be stored in a battery. Regeneration can also significantly prolong the life of the braking system as parts do not wear as quickly. Through our joint venture with Nissin Kogyo, we are able to develop and produce brake systems for both a safer and a more sustainable future.
We are developing a new product and process to substitute chemical-based polyurethane foaming for steering wheels using Expanded Polypropylene (“EPP”). EPP is 100% recyclable and requires no volatile organic compounds or chlorofluorocarbon. We expect about 30% reduction in steering wheel weight while improving interior air quality through reduced emissions. We also expect to reduce waste, scrap and mold release chemicals in the manufacturing process. In addition to assisting the vehicle to maneuver more safely, our RoadScape Global Position System and Horizon modules significantly improve fuel savings and reduce CO2 impact by allowing vehicle control systems to “see” the road ahead and plan the trip optimally. In our view, cleaner air to breathe helps us save more lives.