Autoliv joins Advisory Board of the United Nations Road Safety Fund

Rhea-AI Summary

Autoliv (NYSE: ALV) has joined the Advisory Board of the United Nations Road Safety Fund, aimed at providing strategic direction to enhance global road safety. President and CEO Mikael Bratt will represent the company, contributing its expertise to tackle traffic safety challenges globally. Autoliv's involvement aligns with its vision of saving lives, supporting the UN's Sustainable Development Goal of reducing road traffic deaths. The first Advisory Board meeting was held on December 1, 2022, focusing on boosting awareness and partnerships for road safety.

Positive

• Joining the UN Road Safety Fund Advisory Board enhances Autoliv's reputation as a leader in automotive safety.
• Collaboration may lead to improved global road safety initiatives, aligning with Autoliv's mission of saving lives.

Negative

• None.

STOCKHOLM, Dec. 2, 2022 /PRNewswire/ -- Autoliv, Inc. (NYSE: ALV), (SSE: ALIVsdb), the worldwide leader in automotive safety systems, has joined the Advisory Board of the United Nations Road Safety Fund. The objective of the Advisory Board is to provide strategic direction to the Fund. Autoliv will contribute knowledge and experience regarding global traffic safety challenges and will be represented by President and CEO Mikael Bratt.

In April 2022, Autoliv announced its support to the United Nations Road Safety Fund (UNRSF) to strengthen insights into global road safety challenges and contribute to safer mobility worldwide. Autoliv's vision of Saving More Lives directly supports UN Sustainable Development Goal (SDG) number three, which aspires to ensure good health and well-being for all, with one of its targets focused on halving global deaths and injuries from road traffic crashes.

"It is an honor for Autoliv to be a part of the important work of the Advisory Board of the UNRSF. We trust that the collaboration with UNRSF and its broad partnerships across all sectors, together with Autoliv's experience of protective safety, can help accelerate progress in road safety in low- and middle-income countries. By working together, we combine engagement with knowledge and expertise," said Mikael Bratt, President and CEO of Autoliv.

"I am pleased to welcome Autoliv to the Advisory Board of the UNRSF. I look forward to working with Autoliv during the 2022-2024 term and to explore how Autoliv's knowledge and experience can be transferable to the Fund's work to improve global road safety. Cross sectorial collaboration is the foundation of the global partnership of the UNRSF," said Nneka Henry, Head of the UNRSF Secretariat.

Road traffic crashes claim 1.35 million lives every year and are the leading cause of death among children and young adults. More than 90 per cent of road traffic fatalities take place in developing countries. By exchanging insights, knowledge, and data, Autoliv and UNRSF partners will actively support the Global Plan for the Second Decade of Action 2021-2030, which seeks to prevent at least 50% of road traffic deaths and injuries by 2030.

The first meeting of the Board took place on Thursday, December 1, 2022, at the United Nations Office in Geneva (UNOG), Switzerland. The meeting agenda included an overview of the UNRSF as well as a strategic dialogue on raising the profile of the global road safety agenda and on leveraging high-value partnerships to further the work of the UNRSF.

CONTACT:

Inquiries: 

Media: Gabriella Ekelund, Tel +46 (70) 612 64 24
Investors & Analysts: Anders Trapp, Tel +46 (0)8 587 206 71
Investors & Analysts: Henrik Kaar, Tel +46 (0)8 587 206 14

The following files are available for download:

https://mb.cision.com/Main/751/3676464/1711230.pdf

Press release as PDF

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SOURCE Autoliv

FAQ

What is Autoliv's recent involvement with the United Nations Road Safety Fund?

Autoliv has joined the Advisory Board of the United Nations Road Safety Fund to provide strategic guidance on global road safety challenges.

Who represents Autoliv on the UN Road Safety Fund Advisory Board?

Mikael Bratt, President and CEO of Autoliv, represents the company on the Advisory Board.

What are the goals of the UN Road Safety Fund?

The UN Road Safety Fund aims to prevent at least 50% of road traffic deaths and injuries by 2030.

When did the first meeting of the UN Road Safety Fund Advisory Board take place?

The first meeting was held on December 1, 2022, at the United Nations Office in Geneva.

How does Autoliv's work with the UNRSF impact its business?

Collaborating with the UNRSF may enhance Autoliv's market position by showcasing its commitment to global safety initiatives.