Annual and Sustainability Report 2022
2022 in Summary
At Autoliv, we challenge and redefine the standards of mobility safety to sustainably deliver leading solutions. In 2022, our products saved close to 35,000 lives and reduced more than 450,000 injuries. Autoliv develops, manufactures, and supplies passive safety systems for the automotive industry as well as mobility safety solutions.
$
8.8
b
net sales
$
713
m
operating cash flow
22
%
improvement in Incident Rate
6.8
%
adjusted* operating margin
14
%
organic* sales growth
9
%
renewable energy use
54
%
cash conversion*
43
%
market share
98
%
direct material suppliers sustainability audited
*) Non-U.S. GAAP Measure. See "Non-U.S. GAAP Performance Measures" section in the 10-k filed with the SEC.
As the market leader, we are well-positioned to sustainably adapt to and manage new business conditions. Our actions have built an even more competitive position for Autoliv, despite a challenging macro environment. Commercial excellence, efficiency, cost control, and a focus on innovation, quality and climate action defined 2022.
Saving More Lives
The Autoliv Journey
We are proud that our products save close to 35,000 lives and reduce more than 450,000 injuries every year. As a safety company our products never get a second chance. Therefore, quality is always at the core of what we do.
2023
- Light Vehicle Safety
- Market Leader
- Mechanical Components
- Functional & Divisional Execution
- Energy Efficient
2025
- Light & Commercial Vehicle Safety
- Market & Commercial Influencer
- Electronics & Mechatronics Systems
- End-to-End Way of Working
- Low-Carbon Energy User
2030
- Safety for Mobility & Society
- Market Transformer
- System Integration
- One Team
- Carbon Neutral in Own Operations
PRODUCTS
At the Forefront of Automotive Safety
Based on our extensive research into real-life accidents, we develop and engineer automotive safety solutions to save more lives and prevent injuries on the roads.
The way we innovate solutions is a key differentiator that sets us apart from our competitors.
Uniquely Positioned to Save More Lives
Real-Life Safety
Autoliv has a research-based approach to Saving More Lives in real-lite situations. This approach has allowed us to be a leader in automotive safety for 70 years.
Crash Statistics on a Macro Level
Autoliv's research team gathers and analyzes real-life safety statistics on a global level to understand traffic crashes.
ln-Depth Studies of Accidents and Incidents
Autoliv partners with leading safety institutions to study traffic crashes, their causes and outcomes.
Biomechanics and Human Factors
Autoliv is a global leader in understanding how biomechanics and driver behavior affect safety in real-life traffic conditions.
Finding the Best Technology
Our research allows us to develop technologies that meet the needs of real-life traffic situations for all people.
Developing New Test Methods
Continued research also drives us to develop new methods for testing real-life safety technologies.
Validation of New Safety Systems
We then validate the feasibility of these technologies in real-life traffic situations.
Start of Production
Once validated, these new technologies move into the Autoliv production system.
Innovating for a Safer Society
Staying at the forefront of safety technology is key in supporting our long-term growth in a rapidly changing technology environment. Our safety solutions for electric and autonomous vehicles are a natural evolution of our safety products, positioning Autoliv at the forefront of innovation.
A Driving Force in Sustainable Mobility
Guided by our vision of Saving More Lives, our mission is to provide world-class, life-saving solutions for mobility and society.
Sustainability
Road Safety – a Global Challenge
According to research, seatbelts alone reduce occupant fatalities by 45%, frontal airbags alone by 14% and both together reduce fatalities by 51%..
A safe and Inclusive Workplace
Including a multitude of perspectives is an integral part of successful decision-making in all parts of the organization and helps drive innovation and create long-term sustainable shareholder value in a rapidly changing industry.
Climate Action
Carbon neutrality
In own operations by 2030
Reduction in waste
Continuous
Net-zero emissions
across our supply chain by 2040
Climate change and resource scarcity are global megatrends driving significant environmental, social, political, and economic changes, bringing both risks and opportunities for businesses. We are committed to doing our part to increase resource efficiency and to reduce our greenhouse gas footprint.
Responsible Business
Ambitions:
- Proactively prevent corruption and other unethical business practices
- Respect human rights
- Manage supply chain sustainability risks
