Vitesco Technologies Expert Appointed as Member of the Sustainable Finance Advisory Committee of the Federal German Government

vitesco technologies

New Delhi, June 28, 2022 – Anja Rivera de la Cruz, head of Sustainability at Vitesco Technologies, has recently been appointed as a member of the German government’s Sustainable Finance Advisory Committee. In this panel of eminent professionals, she contributes her proven expertise in sustainability management and an automotive-industry perspective. The committee comprises 34 experts from the financial and real economy, civil society and academia. They advise the German government on the implementation and further development of its sustainable finance strategy.

“The work of the Advisory Board so far has been very important and successful. I am honored to be able to participate in it in the future,” says Rivera de la Cruz. The doctor of medicine with an executive master’s degree in international management and finance has extensive experience in the finance sector and industry, particularly with regard to the establishment of sustainability management systems. At Vitesco Technologies, a leading international supplier of innovative drive technologies and solutions for e-mobility with sales of around €8.3 billion (2021) and around 37,000 employees at 50 locations worldwide, she is responsible for sustainability.

Vitesco Technologies has set itself the declared goal of driving sustainability in mobility. As a developer and manufacturer of modern drive technologies for sustainable mobility, the company employs intelligent system solutions and components for electric, hybrid and combustion drives to make mobility clean, efficient and affordable. Moreover, as a young, listed company, Vitesco Technologies is intensively involved with the topic of ESG. This means that it consistently implements environmental (E), social (S) and governance-related (G) aspects based on defined targets and key performance indicators – along the entire value chain.

Rivera de la Cruz sees her primary role on the committee as relating to the area of sustainability reporting and regulation. “What I bring to the table are my many years of experience in developing approaches and processes that create real transparency, while also being manageable for the industry,” she explains.

Ingo Holstein, Executive Board member for Human Relations and Sustainability at Vitesco Technologies, is also delighted that a representative of the automotive industry has been elected to the German government’s Sustainable Finance Advisory Committee: “We very much welcome her involvement in this committee. After all, she is thereby also helping other companies in our industry and beyond to achieve greater transparency in sustainability reporting – a central prerequisite for allowing Germany to become a leading sustainable finance location.”

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