Aerial view of wagon driving over two way street corner

Why there is much more to sustainability than building EVs

In this episode of the Advanced Manufacturing and Mobility Business Minute podcast, Andrea Weinberger explains why automotive companies need a broader ESG agenda to achieve a more sustainable future.

Although the adoption of electric vehicles (EVs) is gaining popularity and considered as one of the crucial steps toward decarbonization, professionals believe that for transforming to a more sustainable future, automotive companies need to address wider topics. These include minimizing resource extraction and depletion, reducing waste and water usage, and promoting circular business models.

To make a meaningful transformation, automotive companies need to integrate sustainability into their operating model, rather than treating it as a separate project. Making environmental, social and governance (ESG) initiatives a part of day-to-day operations will help simplify sustainability and make significant progress.

In this episode of the Advanced Manufacturing and Mobility Business Minute podcast, Andrea Weinberger, Partner, Strategy and Transactions, Ernst & Young GmbH Wirtschaftsprüfungsgesellschaft, describes why the automotive industry should leverage a wider sustainability strategy.

Key takeaways:

  • It is important for automotive companies to understand that more sustainability initiatives do not mean less profitability.
  • Although electrification of vehicles and decarbonization are important, they are not sufficient to transform into a sustainable future.
  • Creating a positive social impact in the communities where a company is operating would be a valuable step in the transformation.
  • Authenticity is one of the crucial factors that distinguishes a credible sustainability strategy.

For your convenience, full text transcript of this podcast is also available. Read the transcript.

If you would like to listen to our podcasts on the go:

Apple Podcasts

Spotify

Google Podcasts

Presenters

Andrea Weinberger
Partner, Strategy and Transactions, Ernst & Young GmbH Wirtschaftsprüfungsgesellschaft

Podcast

Episode 27

Duration 14m 39s

In this series

Series overview
(Event List - Manual)

Why there is much more to sustainability than building EVs

In this episode of the Advanced Manufacturing and Mobility Business Minute podcast, Andrea Weinberger explains why automotive companies need a broader ESG agenda to achieve a more sustainable future.
Podcast

Episode 27

Duration
14m 39s

Presenters

Andrea Weinberger

Partner, Strategy and Transactions, Ernst & Young GmbH Wirtschaftsprüfungsgesellschaft

Why the future of A&D looks bright, even with some turbulence ahead

In this episode of the Advanced Manufacturing and Mobility Business Minute podcast, Raman Ram and Mike Cadenazzi discuss the impact of changes in the Aerospace & Defense (A&D) sector.
Podcast

Episode 26

Duration
18m 53s

Presenters

Raman Ram

EY Americas Aerospace & Defense Leader

Mike Cadenazzi

Managing Director, Aerospace & Defense, Ernst & Young LLP

Why EV’s future is bright despite economic and geopolitical headwinds

In this episode of the Advanced Manufacturing and Mobility podcast, EY analysts Anil Valsan and Anuj Chandna discuss the EY Mobility Lens Forecaster Suite and the future of EVs.
Podcast

Episode 25

Duration
13m 15s

Presenters

Anil Valsan

EY Global Automotive & Transportation Lead Analyst

Anuj Chandna

EY Global Advanced Manufacturing & Mobility Analyst

What a country’s evolving EV ecosystem needs to drive its transition

In this episode, EY Global Advanced Manufacturing and Mobility analysts Gaurav Batra and Anuj Chandna share insights from the latest EY Electric Vehicle Country Readiness Index.
Podcast

Episode 24

Duration
12m 07s

Presenters

Gaurav Batra

EY Global Advanced Manufacturing & Mobility Analyst Leader

Anuj Chandna

EY Global Advanced Manufacturing & Mobility Analyst

Why manufacturers are decoupling supply chains to stay competitive

In this episode, Claudio Knizek, EY-Parthenon Global Advanced Manufacturing & Mobility Consulting Leader, discusses why businesses are decoupling existing supply chains and repositioning production facilities.
Podcast

Episode 23

Duration
14m 52s

Presenters

Claudio Knizek

EY-Parthenon Global Advanced Manufacturing & Mobility Leader

How consumer preference for EVs is evolving since the pandemic

In this episode, EY Global Advanced Manufacturing and Mobility analysts Gaurav Batra and Akshi Goel share insights from the 2022 EY Mobility Lens Consumer Index.
Podcast

Episode 22

Duration
18m 45s

Presenters

Gaurav Batra

EY Global Advanced Manufacturing & Mobility Analyst Leader

Akshi Goel

EY Global Advanced Manufacturing & Mobility Analyst

How organizations can actively embrace diversity, equity and inclusion

In this episode, EY leaders Kevin Muskat and Darcy Cowell, Toyota Social Innovation Senior Manager Corey Clark, and VP and General Counsel of Interstate Batteries Kelvin Sellers discuss DE&I.
Podcast

Episode 21

Duration
31m 37s

Presenters

How product innovation is proving to be a differentiator in mobility

In this episode, EY Global Advanced Manufacturing & Mobility Analyst Avinash Sagar shares key updates from the third quarter earnings calls of 43 mobility sector companies.
Podcast

Episode 20

Duration
09m 36s

Presenters

Avinash Sagar

EY Global Advanced Manufacturing & Mobility Analyst