From the Sector

Bcomp announces its support on the new Italdesign Quintessenza™, a concept car unveiled at the 2024 Auto China in Beijing. Reflecting the harmonious relationship between nature and technology, the all-electric Quintessenza™ offers a blend of the functionality of a load-bearing pick-up and the dynamism of a GT-inspired family sports vehicle. The architectural concept breaks new ground in the automotive industry, as does its focus on the use of sustainable materials and finishes with the integration of Bcomp’s natural fibre composites across both its interior finishes and exterior body parts.

The Quintessenza™ is the world’s first vehicle to feature black-tinted NF (natural fibre) as a visual layer, showcasing Bcomp’s commitment to innovation. The interior design includes a foundational layer of ampliTex™ biaxial fabric combined with a layer of black-tinted NF. This advanced natural fibre composite, developed through a customised process that infuses the ampliTex™ fabric with a custom black resin, not only offers a durable and visually appealing surface finish but also facilitates the recycling process through its monomaterial composition.

The concept car also uses ampliTex™ material for several exterior parts, the front and back bumpers, the side rocker covers and the wheel arches. Not only does this enhance the vehicle’s appearance and cut CO₂ emissions by up to 85%, compared to carbon fibre, but as parts reach their end-of-life, natural fibre components can be processed through waste-to-energy plants, serving as a renewable energy source and avoiding the landfill route of carbon and glass fibres.

TrusTrace, a SaaS company with a platform for product traceability and supply chain compliance in fashion and retail, announced the launch of its upgraded AI-powered Forced Labor Prevention (FLP) Solution, which will help brands proactively map out supply chains, screen it for risk, and efficiently gather evidence for regulatory compliance.

The Forced Labor Prevention solution combines the power of AI to manage large quantities of data from complex supply chains with scalable collection of primary data per purchase order, which is screened and validated for risk, ensuring brands have validated evidence at a product and shipment level.

The solution collects primary data directly from suppliers to ensure detailed and reliable information about facilities, products, and materials. The primary data collected through the TrusTrace solution is specific to the context of the traced products, contrary to solutions leveraging third party data, which can introduce large quantities of irrelevant information from various sources, creating ‘noise’ that can obscure critical insights and quickly become unmanageable. TrusTrace has traced more than two million purchase orders to date and has more than 55,000 suppliers and facilities mapped globally, demonstrating the capacity to automate the collection of primary data at very large scale.

The data is proactively screened for risk against the U.S. Customs and Border Protection (CBP) entity list, and the solution can integrate with any relevant risk screening database.

AI-Powered Chain of Custody Creation and Document Collection drives speed, accuracy and cost savings, making it quick and easy to gain supply chain visibility and stay on top of documentation for compliance. The FLP solution can classify, extract, and translate large volumes of documents in over 100 languages, facilitating the creation of a digital chain of custody, and transforming traditionally time-consuming manual processes, increasing efficiency, and reducing the likelihood of human error.

15 brands worldwide are already using TrusTrace for forced labor prevention, including Vera Bradley, who see proactive supply chain traceability and data management as key in achieving their ESG commitments.

The Top Employers Institute has recognized Autoneum as a Top Employer 2024 in Switzerland. Being certified as a Top Employer showcases an organization’s dedication to a better world of work and exhibits this through their policies and people practices. This year, the automotive supplier's Human Resources (HR) department at its headquarters in Winterthur, Switzerland, took part in the comprehensive survey of the Top Employers Insti-tute for the first time and achieved an outstanding result.

The institute has been auditing companies worldwide for over 30 years. The certification program, which is based on an international standard, makes HR measures and their impact on employee conditions objectively measurable. To achieve this, the Top Employers Institute certifies organizations based on the participation and the results of their HR Best Practices Survey. This survey covers six HR domains consisting of 20 topics including People Strategy, Work Environment, Talent Acquisition, Learning, Diversity, Equity & Inclusion, Wellbeing and more.

The program has certified and recognized over 2 300 Top Employers in 121 countries/regions across five continents.