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Thursday, 08 April 2021 20:48

LKQ Corporation Releases Inaugural Sustainability Report

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LKQ Corporation on April 6 announced the release of its inaugural Sustainability Report outlining the company’s ongoing focus on responsible environmental, social and governance (ESG) practices.

“We are excited to release our inaugural Sustainability Report, which signifies our commitment to further enhance our ESG practices across our global operations,” said Dominick Zarcone, president and CEO. “Since our founding in 1998, environmental stewardship has been ingrained in our culture, highlighted by LKQ's position as the largest global recycler of vehicles.

 

"The Sustainability Report also sets forth our ongoing social and governance focus, including demonstrating how we are promoting diversity, employee training and safety. The report reaffirms our mission of building strong partnerships with our employees and the communities in which we operate.”

 

“We firmly believe that there is a strong link between corporate responsibility and financial performance, and the release of our first sustainability report reinforces our commitment to create long-term value for our stockholders," said Varun Laroyia, executive vice president and CFO. "Additionally, by formally embedding ESG principles into our culture and decision-making process, we are confident that LKQ will generate positive outcomes for all its stakeholders."

 

LKQ recognizes the value in providing stakeholders with transparent ESG disclosure using globally recognized standards and has used the Sustainability Accounting Standards Board (SASB) standards to report its ESG progress. 

 

The Sustainability Report is available on the company’s website.

 

Source: LKQ Corporation

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