LKQ Corporation (NASDAQ:LKQ) announced the release of its 2022 Global Sustainability Report, highlighting accomplishments across environmental, employee engagement and diversity, safety and operations. “As the largest vehicle recycler in the world, sustainability is core to our business and our success,” said Dominick Zarcone, President and Chief Executive Officer. “Our strong environmental stewardship complements our commitment […]
Auto Care Association Forms Sustainability Committee
The Auto Care Association announced the formation of a new advisory committee that focuses on environmental sustainability in the auto care industry. The new Sustainability Committee aims to increase awareness of the importance of sustainability, create a long-term strategy to initiate evolution in our industry’s practices and highlight businesses that implement those practices. In its […]
AkzoNobel Using 100% Renewable Electricity in North America
AkzoNobel announced that all of its locations in North America are now operating on 100% renewable electricity – helping to drive the company’s ambition of reducing carbon emissions across the full value chain by 50% by 2030 compared to a 2018 baseline. The milestone, reached at the beginning of the year, is the latest in […]
Allstate Announces Net Zero Emissions Commitment
The Allstate Corporation (NYSE:ALL) announced it has committed to achieve net zero emissions for direct, indirect and value-chain greenhouse gas emissions by 2030. It will also set a target year for achieving a net zero investment portfolio by the end of 2025. The pledge by Allstate, the fourth largest private passenger auto insurer in the […]
AkzoNobel Sustainability Challenge Partners to Collectively Reduce Carbon Footprint
Value chain partners have joined forces with AkzoNobel in the fields of circular solutions, process efficiency and solvent reduction in a determined effort to collectively reduce carbon emissions in the paints and coatings value chain. Five teams have been established following a recent Discovery Day, where results and learnings were presented from the first phase […]
Allianz Says Increased Part Repairs, Recycled Parts Use Would Significantly Lower Collision Repair Industry CO2 Emission in Europe
Company also forms partnerships to help repairers source recycled parts. Seeks to create sustainable repair facility certification program. Sustainable car insurance was the focus of the 10th Allianz Motor Day on October 19. Discussions at the international event hosted by global insurer Allianz centered on electric mobility as a key lever for decarbonization, as well […]
Sherwin-Williams Issues 2021 Sustainability Report
The Sherwin-Williams Company (NYSE: SHW) today issued its 2021 Sustainability Report: Building on the Good, reflecting progress made in its environmental, social and governance (ESG) journey. Recent Company achievements include: Published the Company’s first report that aligns with the Task Force on Climate-Related Financial Disclosures (TCFD) framework Collected in 2021 more than 1.0 million gallons […]
PPG Commits to Setting Science-Based Targets to Reduce Greenhouse Gas Emissions
PPG (NYSE:PPG) today announced that it has committed to setting near-term company-wide emission reductions in line with climate science through the Science Based Target initiative (SBTi), which is an organization that helps companies define their decarbonization strategy and reduce the impacts of climate change. PPG has an existing goal to reduce GHG emissions intensity by […]
LKQ Releases 2021 Sustainability Report
Unveils its new brand identity. LKQ Corporation (NASDAQ:LKQ) released its 2021 Sustainability Report and unveiled its new brand identity, reflecting the Company’s transformation from a salvage dismantler and recycler to a leading global value-added and sustainable distributor of vehicle parts, accessories, and services. LKQ’s 2021 Sustainability Report, highlights key environmental, social, and governance (ESG) accomplishments. […]
BASF and BMW Group Use Renewable Raw Materials for Automotive Coatings
Matte Clearcoat and e-coat avoid around 40% of CO2 each using biomass balance approach. The BMW Group is the first vehicle manufacturer to place its trust in more sustainable automotive OEM coatings certified according to BASF’s biomass balance approach. The BMW Group has chosen to use BASF Coatings’ CathoGuard 800 ReSource e-coat at its plants […]