LKQ Europe progresses in driving sustainability in direction of changing into a net-zero emissions firm by 2050. LKQ Europe contributes with key initiatives to LKQ Company’s sustainability agenda, highlighted in LKQ’s new Sustainability Report.
Zug, Switzerland. LKQ Europe, Europe’s Automotive Aftermarket chief, has reaffirmed its dedication to changing into a net-zero emissions firm by 2050. LKQ Company not too long ago revealed its 2021 Sustainability Report outlining the corporate’s ongoing deal with accountable environmental, social, and governance (“ESG”) practices, together with documentation of how LKQ is selling range, worker coaching, and security.
LKQ Fource Central Distribution Heart Photo voltaic Panels
LKQ Company has lengthy been a pacesetter in environmental providers and sustainability. In truth, it’s the muse upon which LKQ was constructed. Immediately, LKQ is the world’s largest recycler of autos and the world’s largest various and aftermarket components and providers supplier. Its operations recycle greater than 90% of the supplies from procured autos. In 2021 LKQ Company procured 780,000 autos, leading to 2.1 million tires, and 1.1 million tons of crush auto scrap. 13.8 million recycled components have been bought final yr.
LKQ’s dedication to sustainability is a vital a part of the corporate’s company technique. The corporate’s efforts are framed by the Sustainable Growth Targets (SDG) of the United Nations. LKQ is participating in sustainability tasks that can positively affect its prospects, the local weather and surroundings, its workers, the society, and communities.
“At LKQ Europe, our sustainability method relies on the three pillars planet, individuals and communities. Because the main distributor of automotive aftermarket components in Europe with a state-of-the-art distribution community our essential focus is about on emission discount,” says Arnd Franz, CEO of LKQ Europe. “We’re creating sustainable enterprise options in all areas and areas, lowering the CO2 emissions of our companies, driving worker engagement, and supporting the communities we’re working in. We’re on a steady path in direction of changing into a net-zero emissions firm by 2050.”
A key enabler of a round financial system within the automotive sectorLKQ contributes to a sustainable society, enhancing the protection, reliability, and lifelong of vehicles by making use of round financial system ideas to its enterprise mannequin. This consists of restore, remanufacturing, and recycling of automotive components, saving invaluable assets. Final yr alone, LKQ’s world remanufacturing operations have been in a position to save an estimated 26,000 tons of uncooked materials, 208,000 MWh of electrical energy, and 43,000 tons of CO2.
At the moment LKQ Europe is investigating future options for traction battery dealing with, anticipating round 34 million put in high-voltage batteries within the battery-electric automobile fleet in Europe alone by 2030, that can ultimately have to be repaired, remanufactured, reused, or recycled. LKQ needs to be first-to-market with electrification within the Unbiased aftermarket and is dedicated to supply options for this problem.
In Might 2021, LKQ Company acquired Inexperienced Bean Battery, a hybrid battery reconditioner and installer, which developed a proprietary hybrid battery reconditioning course of that creates a extra dependable battery whereas concurrently extending its helpful life for hybrid autos.
On the route in direction of zero emissionsLKQ is contributing to the targets of the Paris Settlement, engaged on an emissions sustainability roadmap with the objective to cut back world Scope 1 and Scope 2 emissions by 30% by 2030 in comparison with the 2021 baseline relative to income. Pilot tasks with battery-electric and HVO-fuel-powered supply vans, are presently operating in numerous international locations and can information the roadmap to internet zero in 2050. First outcomes are promising and among the new supply vehicles have already been built-in into our native department community for final mile deliveries.
LKQ Europe’s route in direction of zero emissions additionally consists of behavioral change equivalent to driver coaching, decrease emission autos, use of other fuels, and initiatives in its buildings, branches, and merchandise. For instance, 8’500 photo voltaic panels at the moment are put in on LKQ’s latest and BREEAM Glorious licensed distribution middle in Berkel en Rodenrijs, Netherlands. The corporate engages with its suppliers to establish the CO2 footprint of merchandise equipped, to and distributed by LKQ to make sure steady progress in direction of a CO2 impartial financial system.
Constructing a standard European company cultureOffering all workers a protected and motivating working surroundings by valuing totally different backgrounds, supporting range and inclusion, driving particular person improvement with the brand new inside LKQ YOU coaching program, and constructing a standard European company tradition are key targets. This previous summer time, LKQ launched its first-ever world worker engagement survey, “Your Voice Issues”. LKQ has recognized areas for enchancment and has taken significant motion based mostly on the suggestions from the survey. With the “Let’s Transfer Collectively” marketing campaign, LKQ Europe inspired colleagues to get transferring, elevating consciousness of the significance of psychological well being and the way bodily well being and train can enhance psychological standing.
About LKQ EuropeLKQ Europe, a subsidiary of LKQ Company, with its head workplace in Zug, Switzerland, is the main distributor of automotive aftermarket components for vehicles, industrial vans and industrial autos in Europe. It presently employs roughly 26,000 individuals with a community of greater than 1,000 branches and roughly $6.1 billion in income in 2021. The group provides over 100,000 unbiased workshops in over 20 European international locations.
The group consists of Euro Automobile Elements, LKQ Fource, RHIAG Group, Elit, LKQ CZ, and STAHLGRUBER Group, in addition to recycling specialist, Atracco. LKQ additionally holds a minority curiosity in Mekonomen Group.
The LKQ Sustainability report may be accessed at www.lkqcorp.com within the Company Accountability part.
Media Contact EuropeDr. Christiane LesmeisterDirector of CommunicationsLKQ Europe GmbHZählerweg 106300 ZugT +41 41 884 84 41M +41 79 728 65 84E christiane.lesmeister@lkqeurope.com
