LKQ Corporation Releases Inaugural Sustainability Report
CHICAGO, April 06, 2021 (GLOBE NEWSWIRE) LKQ Corporation (Nasdaq: LKQ) today 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,” noted Dominick Zarcone, President and Chief Executive Officer. “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 o
IW Long Reads: No time to waste - Are we doing enough to meet the Paris Agreement goals?
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ºC compared to pre-industrial levels and make every effort to limit this to 1.5
ºC.
Since that historic day in 2016, much has been done in pursuit of this goal. Governments and companies across the world made zero carbon pledges, tactics were discussed, and national guidelines were introduced.
Addressing the Climate Crisis
In 2020, we saw a shift in the climate change conversation: the link between climate risk and a company s long-term success came to the forefront and the transition to a low-carbon economy became more important than ever.
While we have been committed to minimizing our impact on the planet for many years, we renewed our commitment in 2020 by voluntarily disclosing under the Task Force on Climate-related Financial Disclosures (TCFD) framework and Sustainability Accounting Standards Board (SASB) standards. These frameworks are standardizing data in a meaningful and actionable way.
We also conducted our first company-wide climate scenario analysis (CSA). Our qualitative evaluation included 1.5°C, 2°C and 4°C warming scenarios. Under the 4°C scenario, global warming reaches 4°C by 2100, relative to pre-industrial temperatures, and climate policy is less ambitious. In the 2°C scenario, global warming reaches 2°C above pre-industrial levels, and cli
Addressing the Climate Crisis 3blmedia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from 3blmedia.com Daily Mail and Mail on Sunday newspapers.
For Trinity, a CSR First Written by William C. Vantuono, Editor-in-Chief
Trinity Industries, Inc. has publishing its inaugural 2020 Corporate Social Responsibility (CSR) Report, which details the company’s ESG (Environmental, Social, and Governance) initiatives and response to COVID-19.
The CSR report aligns with and discloses metrics from the Sustainability Accounting Standards Board (SASB) framework, an international standard referenced to identify business-relevant factors most material to the Company.
Trinity pointed to the following key ESG achievements:
“Increased disclosure on Human Capital and Diversity and Inclusion initiatives, including commitment to ethnicity and gender goal setting”
“Commitment to set targets for energy consumption, GHG emissions, water, and waste in our operations.”