Thursday, May 23, 2024

Autoliv’s 2023 Annual and Sustainability Report: Highlighting Financial Performance and Commitment to Sustainable Practices in Automotive Safety


Autoliv Publishes Its Annual and Sustainability Report for 2023

Autoliv, Inc., the global leader in automotive safety systems, has announced the filing of its Annual Report for the year 2023. This crucial document, filed with the Securities and Exchange Commission (SEC), encapsulates the company’s financial performance, outlining both its annual financial statements and its strides in sustainability. This dual report serves not only as a testament to Autoliv’s fiscal accountability but also showcases its commitment to sustainable practices within the automotive safety industry.

For those interested, both the Annual Report on Form 10-K and the comprehensive Annual Report to Shareholders (ARS), which includes the sustainability report, are now accessible for public viewing. These documents offer an inclusive overview of Autoliv’s endeavors over the past year, highlighting their financial health and their initiatives towards ensuring a more sustainable future. In line with regulatory practices, these reports have also been filed with the Swedish Financial Supervisory Authority, ensuring adherence to both local and international compliance standards.

Autoliv extends an invitation to its shareholders to request a hard copy of these audited financial statements. This gesture emphasizes the company’s dedication to transparency and its commitment to keeping its shareholders informed and engaged with the company’s financial health and strategic direction.

About Autoliv

Autoliv stands at the forefront of the automotive safety industry, crafting innovative safety systems that have made significant strides in vehicle safety worldwide. With products ranging from airbags and seatbelts to advanced pedestrian protection systems and connected safety services, Autoliv’s comprehensive portfolio is a testament to its dedication to ‘Saving More Lives’. The impact of their products is profound – in 2023 alone, Autoliv’s systems are credited with saving 35,000 lives and significantly reducing injuries.

With a global footprint spanning 25 countries, Autoliv’s diverse team of 70,000 associates is united by a common vision and a relentless pursuit of quality. The conglomerate’s commitment to innovation is evident in its robust R&D operations, which include 14 technical centers equipped with 20 test tracks. This innovation engine has propelled Autoliv to achieve sales of $10.5 billion in 2023, further cementing its status as a leader in the field.

Autoliv’s journey is characterized by a dual focus on financial performance and sustainable operational practices. By placing safety, innovation, and sustainability at the core of its operations, Autoliv not only contributes to the immediate well-being of road users worldwide but also champions a more sustainable and safe future for mobility. Going forward, Autoliv continues to challenge the status quo, driving advancements in automotive safety that resonate across the industry and underscore its commitment to saving lives.

The publication of Autoliv’s Annual and Sustainability Report for 2023 marks a continued stride towards transparency, accountability, and sustainable development. As the industry evolves, Autoliv remains steadfast in its mission to innovate and lead, with an unwavering focus on safeguarding lives and shaping the future of automotive safety.

Jordan Clark
Jordan Clark
Jordan Clark brings a dynamic and investigative approach to business reporting. Holding a degree in Business Administration and a certification in Data Analysis, Jordan has an eye for detail and a knack for uncovering the stories behind the numbers. His career began in the bustling world of Silicon Valley startups, giving him firsthand experience in tech entrepreneurship and venture capital. Jordan's reports often focus on technology's impact on business, startup culture, and emerging

Read more

Latest News