Spain-based automotive components manufacturer CIE Automotive has received advisory support from the European Investment Bank (EIB) to accelerate decarbonisation across its operations and global value chain. The consultancy was delivered through EIB Advisory under the EU-wide Advisory Programme to Support Climate Action and Sustainability for Corporates, funded by the InvestEU Advisory Hub.
The advisory support included a detailed review of CIE’s Decarbonisation Plan, which sets emissions-reduction targets and outlines a pathway to carbon neutrality by 2050. The roadmap identifies baseline emissions, evaluates business-as-usual projections, and highlights operational and supply chain measures to reduce greenhouse gas emissions. Planned investments include energy-efficiency upgrades, adoption of low-carbon technologies, renewable electricity procurement, electrification of furnaces, and sourcing of low-carbon materials.
With more than 100 manufacturing facilities across Europe, Asia and the Americas, CIE Automotive operates within one of the most emissions-intensive industrial sectors. The EIB’s support aims to translate the company’s climate strategy into concrete, bankable investment projects that enhance both environmental performance and long-term competitiveness.
CIE Automotive is among the first companies in Europe’s automotive sector to receive advisory support under the InvestEU framework. The collaboration builds on a long-standing partnership between the EIB and CIE dating back to 2009, during which the bank has supported the company’s research and development activities to strengthen its global competitiveness while advancing sustainable industrial transformation.
