Governance
On the road to sustainable data and process management
Governance primarily concerns our corporate governance, risk management, ethical compliance and data integrity and transparency. Our focus is to ensure that TMD Friction is on the road to holistic sustainability data and process management.
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01. ESG metrics report
From 2024, we will produce our ESG metrics in report form. This report will focus on our business operations with environmental, social and governance issues and will help determine our performance and potential risks. We are committed to take action to ensure our ESG improvement objectives are met.
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02. Investment
We are investing in our entire ecosystem as part of our ongoing commitment to reduce environmental impact for a more sustainable mobility future – from renewable energy and reducing waste to more efficient products and ethical supply chain.
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03. Product Development
Through our extensive R&D approach, our laboratories are continually evaluating more than 200 ‘ingredients’ at any one time to create new and advanced friction formulations, free from hazardous materials.
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04. Legislation
We are currently part of the working group developing a suitable approach as the basis for new Euro 7 standards for brake emissions.
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05. Energy efficient facilities
We aim to provide all our global facilities with renewable energy by 2030.