NORTHVILLE, Mich., June 5, 2024
/PRNewswire/ -- Cooper Standard
(NYSE: CPS) has been named to USA
TODAY's list of America's Best Climate Leaders 2024. This award is
presented by USA TODAY and
Statista Inc., the world-leading statistics portal and industry
ranking provider. The awards list was announced on May 30 and
can be viewed on usatoday.com.
"At Cooper Standard, we actively focus on improving our energy
efficiency, reducing emissions and waste generation, and embracing
our corporate role as stewards of the environment," said
Jeffrey Edwards, chairman and CEO,
Cooper Standard. "We are thrilled to
be recognized for these efforts and will continue to evolve our
sustainability programs and technology innovations to minimize
environmental impacts and climate-associated risks."
The America's Climate Leaders of 2024 award is based on a
two-step process. First is the application and research phase.
Companies could be included on the list by applying online or by
having the necessary data publicly available. To be considered for
the award, a company must meet the following criteria:
- The company is headquartered in the USA.
- The company had revenue of at least $50
million in 2022.
- Independent emission reporting with data on Scope 1 and Scope 2
for the years 2020 and 2022.
- In case a CDP rating is available, the score had to be at least
C.
- Broader environmental record (e.g. no oil exploration, non-GHG
pollution, or deforestation).
The second step is the data analysis and scoring phase. For all
companies meeting the inclusion criteria, the year-over-year
reduction in emissions intensity (compound annual reduction rate)
was calculated.
Cooper Standard actively
contributes to the global transition to a low carbon economy.
Through the evaluation and management of climate-related risks, the
Company aims to strategically manage its environmental impact while
promoting business innovation and resiliency. Cooper Standard's 2023 Corporate Responsibility
Report, titled "Commitment to Excellence," discusses how the global
supplier is committed to reducing its impact on the environment and
taking action to manage climate risks, while also growing its
business profitably.
About Statista
Statista publishes hundreds of
worldwide industry rankings and company listings with high-profile
media partners. This research and analysis service is based on the
success of statista.com, the leading data and business intelligence
portal that provides statistics, relevant business data, and
various market and consumer studies and surveys.
About Cooper
Standard
Cooper
Standard, headquartered in Northville, Mich., with locations in 21
countries, is a leading global supplier of sealing and fluid
handling systems and components. Utilizing our materials science
and manufacturing expertise, we create innovative and sustainable
engineered solutions for diverse transportation and industrial
markets. Cooper Standard's
approximately 23,000 employees are at the heart of our success,
continuously improving our business and surrounding communities.
Learn more at www.cooperstandard.com or follow us on LinkedIn, X,
Facebook, Instagram or YouTube.
Contact: Chris
Andrews
Cooper Standard
(248) 596-6217
candrews@cooperstandard.com
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SOURCE Cooper Standard