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Corporate governance Corporate Governance and Ethical Improving diversity of HPE’s board structure, as well as its independent oversight of the company, governance of Behavior; Our Approach to ESG sustainability, the role of CEO/chairperson and execution compensation.
Substances of concern in products Substances of Concern Designing and developing products and solutions that use alternatives to materials and substances of concern to human health and the environment.
Water in our operations Our Operational Footprint Responsible use / stewardship of water across HPE’s operations.
Water in our supply chain Environmental Impacts of Our Supply Responsible use / stewardship of water across HPE’s supply chain.
Chain Waste and hazardous materials in our Our Operational Footprint; Environmental Managing and disposing of hazardous and nonhazardous waste responsibly across operations and the supply chain.
Excludes operations and supply chain Impacts of Our Supply Chain products, which are covered in the “Product lifecycle management” issue.
ENERGY STAR is a registered mark owned by the U.S. government.
Our Company has long been a leader in environmental services and sustainability — in fact, it’s the foundation upon which LKQ was built.
Over the past two years, the COVID-created an unprecedented environment for businesses across the globe.
It’s fair to say that and business models, upending priorities and plans as business leaders scrambled to navigate a rapidly changing environment.
A large number of windows in the building provide plenty of daylight, creating a pleasant working environment.
Additionally, the building is completely gas-free and provides sufficient charging infrastructure for electric vehicles.
Green Bean reconditions batteries at eight state-of-the-art facilities across the United States.
As we manage our business, we’ve enhanced our focus on environmental, social, and governance priorities to drive value for our stakeholders.
It’s imperative to reduce our emissions whenever and wherever possible and achieve greater circularity with the materials we handle to help preserve the environment now and for future generations.
We are determined to leave our environment better than we found it.
Buyers of vehicle replacement products have the option to purchase from primarily five sources: new products produced by original equipment manufacturers ("OEMs"); new products produced by companies other than the OEMs, which are referred to as aftermarket products; recycled products obtained from salvage and total los...
Collectively, we refer to the four sources that are not new OEM products as alternative parts.
Our involvement allows us to learn and share best practices with our peers, as well as to develop and shape common sense policies that protect the environment while promoting sustainable business practices.
The company lobbies for policies that protect the environment and create ways in which to grow recycling programs throughout the world.
Additionally, LKQ is working with its partners to create recycling programs for innovative vehicle solutions so that destructive and harmful chemicals do not enter the environment when parts reach their end of life.
As a member, we work with a strong and influential community whose interests are towards achieving a successful energy transition across Europe.
The acceptance of e-fuels is an essential part of the European climate policy along with the industrial production of synthetic fuels and renewable energies.
As members of CSR Europe and the World Alliance for Efficient Solutions (Solar Impulse Foundation), we collaborate with other businesses and a wide set of stakeholders looking to achieve sustainable growth and practical, viable, and innovative solutions towards integration of sustainability across our business model.
In Assessment (SMA) to identify, analyze and act on environmental, social, and economic factors that may have significant impacts on LKQ and its stakeholders.
Ensure access to affordable, reliable, sustainable, and modern energy for all.
We recognize the need to maximize energy efficiency and adoption of clean energy technologies from renewable sources in our operations.
LKQ is the world’s largest recycler of vehicles, and we are continually reevaluating our programs and processes to help further a circular economy. Take urgent action to combat climate change and its impacts.
LKQ strives to be good stewards of our environment and the environment in the communities where we operate.
- Established greenhouse gas (GHG) intensity per sales reduction by 2030 goal.
- Incorporate ESG action plans that reduce carbon footprint on all major projects GHG emissions intensity reduction established as goal per revenue dollar by 2030.
Our Environment: By 2030, reduce global Scope 1 and Scope 2 emissions by 30% compared to the 2021 baseline relative to revenue.
In our current economy, humans take materials from Earth, make products from them, and eventually throw them away as waste – the process is linear.
In a circular economy, we stop waste from being produced in the first place.
through the preservation of natural materials and conservation of energy and water (associated with manufacturing) by diverting and repurposing metals and other caustic materials otherwise destined for landfills through our vehicle recycling, parts salvage, and remanufacturing operations.
Our environmental priority areas include our salvage and recycling operations, our transportation and logistics, and our facilities.
We focus on running efficient operations that minimize our environmental impact, including our carbon emissions, energy consumption, and waste.
We recognize we need to do more, and we are in the process of developing our emissions reductions targets across our organization and by type of energy usage (e.g., facility energy, fleet fuel) in alignment with the Paris Climate Accord.
Environmental Oversight LKQ employs a staff of environmental compliance professionals to ensure that our facilities impact the natural environment in as minimal a manner as possible.
To reduce our impact on the environment, we monitor our use of resources, including fuel and electricity usage.
LKQ Environmental Compliance Managers oversee and ensure compliance regarding environmental permitting and regulatory matters and provide regular training to employees on environmental compliance.
As part of our due diligence when we acquire a company, we conduct an environmental assessment to ensure that LKQ invests in businesses with a solid record of environmental compliance.
The LKQ Risk Management department has developed and implemented several environmental stewardship programs designed to assist our local management with environmental standards and best practices.
Our programs are designed to meet federal, state, and local regulatory requirements and conform to the requirements of our various environmental permits.
In many cases, LKQ has retained environmental consulting firms to develop state-specific Stormwater Pollution Prevention Programs, Spill Prevention Control & Countermeasures, and to conduct independent audits of our salvage facilities.
The LKQ Risk Management department oversees the administration of Generator Registration IDs, which allow our wholesale operations to safely dispose of hazardous waste through a licensed hazardous waste transporter.
Independent Environmental Audits LKQ began its Independent Environmental Audit Program in 2003.
The purpose of this program is to provide LKQ with an outside professional opinion of the condition of our recycling facilities and compliance with environmental regulations.
The LKQ Risk Management department works with environmental consulting firms to conduct independent environmental audits at all salvage operations in North America annually.
The consultants develop audit reports, which are provided to local management and our LKQ Environmental Compliance Managers.
In environmental consulting firm to assess LKQ’s impacts to the environment with respect to Scope 1 and Scope 2 carbon emissions globally.
LKQ leadership felt strongly that we needed this outside assessment to determine a baseline of these GHG emissions.
The environmental impact assessment was completed in the second quarter of GHG emissions intensity reduction goal per revenue dollar by 2030 across all areas of our business.
Locations outside of the U.S. do not require government-issued stormwater permits for our operations but do require our facilities to adhere to similar environmental standards and regulations.
As the world’s largest recycler of vehicles, we recover the fluids from the salvage vehicles we process before all else, preventing water and land contamination.
The ferrous and non-ferrous scrap metal and other materials we process are utilized to manufacture new products, conserving Earth’s natural resources, and significantly reducing GHG emissions.
A recycled car part consumes resources than manufacturing a new one which helps contribute to environmental sustainability and reduction of carbon emissions.
Note: This data represents an estimated annual weight of products recovered and recycled, and waste generated by our manufacturing, remanufacturing and related core processing centers including precious metals.
Non-hazardous waste data is provided by our waste collection servicer.
From an environmental view, remanufactured goods are kept out of the waste stream, they conserve energy and thus reduce GHG emissions, and protect groundwater from potentially toxic contaminants that otherwise would be utilized in the original manufacturing process.
This global footprint makes LKQ’s Remanufacturing division one of the world’s largest independent suppliers of remanufactured components.
When it comes to sustainability, our remanufacturing operations do the work of over 1.5 million trees (based on a mature tree absorbing 48 lbs.
For those modules that did not pass our rigorous testing, Green Bean Battery recycled all available materials responsibly.
After the acquisition of Green Bean Battery in footprint and coverage of battery remanufacturing and repair for hybrid vehicles.
Fleet Services, Transportation, Logistics & Equipment At LKQ, we are continually investigating new opportunities to make meaningful reductions in our carbon footprint.
Given the nonmanufacturing nature of our operations, our shipping, transportation, and logistics functions represent the greatest opportunity for our company to focus on carbon emissions reductions.
LKQ has implemented a state-of-the-art logistics network aimed at delivering our products as efficiently as possible to save fuel and minimize emissions.
We are committed to improving the environmental performance of our logistics and have undertaken several initiatives to reduce fuel use and emissions.
of electricity per annum savings By repurposing the original castings, the iron, steel, and aluminum does not need to be smelted, reducing energy consumption.
of CO CO2 emissions are the primary driver of climate change.
This significantly helps the environment and reduces the impact on global warming.
According to the Environmental Defense Fund (EDF), for every ten minutes a vehicle engine is off, this prevents one pound of carbon dioxide from being released into the atmosphere.
We have purchased several alternative energy vehicles as we transition to adopting a lower emission fleet.
Within certain regions of North America, we have internal goals to increase the percentage of total bi-fuel units within the route sales (delivery) fleet each year.
The decision to replace our diesel and gasoline fleet with alternative and more fuel-efficient vehicles will be based on several factors, including fuel station availability, the region and market, and financial incentives.
The future of LKQ Europe’s fleet sustainability strategy centers around reducing the environmental and societal impact of our vehicles, including the adoption of low or zero-emission fuels and vehicles, right-sizing to meet fleet needs, utilizing stop-start technology to reduce fuel usage, and selecting more efficient ...
All the above will assist in reducing environmental impacts through a combination of cleaner vehicles and fuels, fuelefficient operation and driving, and reducing the amount of road traffic we generate.
We track data from fuel card transactions for all our vehicles.
The data excludes the relatively small amount of fuel for yard operations like forklifts and front-end loaders.
Showcase Propane Delivery Fleet When it comes to environmental impact, using propane is a win over traditional gasoline-powered vehicles.
While average miles per galon (mpg) for gas engines is roughly for propane are 35% less than gasoline.
One of the other key environmental impacts of propane is extended engine oil life.
Since propane burns cleaner than gas, oil lasts longer, requiring less frequent oil changes and oil to dispose of.
Saves employees time by refueling on-site instead of at a gas station 3.
He also highlights the importance of the type of energy used for charging the electric fleet.
The chart above illustrates that full carbon reduction potential can only be realized by using renewable energy to power up the vehicles.
LKQ CORPORATION | LNG Alternative Fuel Trials Since September 2021, two trucks powered by liquefied natural gas (LNG) have been involved in a trial test at our Stahlgruber Central Distribution Centre in SulzbachRosenberg, Germany to evaluate the operational and environmental performance of this alternative fuel.
LNG is an odorless, non-toxic, cryogenic liquefied natural gas.
Natural gas is approximately one of the cleanest fossil fuels.
The combustion of natural gas primarily emits water vapor and small amounts of carbon dioxide.
So, the assumption is that emissions are combustible fuels.
“An important task is to be fundamentally open to trying out the variety of new sustainable drive and transport solutions and to sensibly incorporate them into our supply chain because they can be a positive contribution to our environmental footprint and usually also bring an economic advantage,” said the Director Log...
At LKQ Europe, we carefully consider the scientific evidence for emission reduction potential of this powertrain and associated fuels.
As such we are exploring the use of bio-methane due to its significant carbon reduction potential.
Facilities Our objective is to reduce buildings’ emissions throughout their entire lifecycle.
To achieve this goal, we will commit to continuous improvement in the environmental performance in the way we occupy, build, and shape our activities to improve our real estate operations and our asset management policies.
This will include tracking the environmental performance of our real estate assets and operations on a continuous basis.
Today, we have targets for improving our environmental sustainability performance, including specifically in our commitment to minimize emissions of GHG and to increase our use of renewable resources.
We have undertaken several initiatives at our facilities to reduce our energy use and related carbon emissions.
Over the last several years, we have upgraded the lighting to more energy-efficient LED lighting at certain U.S. locations.