Chicago, Illinois — Yesterday, LKQ Corp. 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 operate.”
Varun Laroyia, executive vice president and chief financial officer, stated: “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 creating long-term value for our stockholders. 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.”
We recognize the value in providing our stakeholders with transparent ESG disclosure using globally recognized standards and have utilized the Sustainability Accounting Standards Board (SASB) standards to report our ESG progress.
The Sustainability Report is available on the Company’s website at: investor.lkqcorp.com/sustainability.