When Fiat S.p.A. took on Chrysler — essentially saving Chrysler from financial ruin — many wondered about how the integration of a quintessential Italian maker of small and sporty cars and a classic American nameplate synonymous with big, powerful cars would fare.
Would it be, ahem, sustainable? The early answer on that is yes, at least judging from their recent financial results and from their joint efforts on sustainability.
Fiat Group and Chrysler Group released a 268-page report that outlines — for the first time — their combined results on sustainability initiatives.
Highlights from the report include:
“The union between Fiat and Chrysler has enabled us to strengthen our focus on sustainable mobility by leveraging each partner’s strengths,” says Sergio Marchionne, CEO of Fiat S.p.A. and Chrysler Group.
For the fifth straight year Fiat reported lowest CO2 emissions in Europe at 118.2 g/km.
Marchionne also revealed that Chrysler will begin production this year of an all-electric version of the Fiat 500 for the North American market.
The group’s sustainability plans includes commitments to “reduce CO2 emissions and improve fuel economy using a 360-degree approach;” promote the use of alternative and renewable energy sources; source raw materials ethically; reduce the environmental impact of logistics; promote social and environmental responsibility among suppliers and maintain sustainability as a “key corporate objective.”
It’s a slick and highly-detailed sustainability report and one of the densest and most ambitious around. It’s almost as cute as the Fiat 500.
[Image credit: Fiat by Flicktone via Flickr CC]