LKQ Europe progresses in driving sustainability in direction of turning 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 turning into a net-zero emissions firm by 2050. LKQ Company lately revealed its 2021 Sustainability Report outlining the corporate’s ongoing give attention to accountable environmental, social, and governance (“ESG”) practices, together with documentation of how LKQ is selling variety, worker coaching, and security.
LKQ Fource Central Distribution Heart Photo voltaic Panels
LKQ Company has lengthy been a frontrunner in environmental providers and sustainability. In reality, it’s the inspiration upon which LKQ was constructed. In the present day, 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 offered final 12 months.
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 Improvement Objectives (SDG) of the United Nations. LKQ is partaking in sustainability initiatives that can positively affect its prospects, the local weather and atmosphere, its staff, the society, and communities.
“At LKQ Europe, our sustainability method is predicated on the three pillars planet, folks and communities. Because the main distributor of automotive aftermarket components in Europe with a state-of-the-art distribution community our principal focus is about on emission discount,” says Arnd Franz, CEO of LKQ Europe. “We’re growing sustainable enterprise options in all areas and areas, decreasing 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 turning into a net-zero emissions firm by 2050.”
A key enabler of a round financial system within the automotive sector
LKQ contributes to a sustainable society, enhancing the protection, reliability, and lifelong of automobiles by making use of round financial system rules to its enterprise mannequin. This contains restore, remanufacturing, and recycling of automotive components, saving priceless assets. Final 12 months alone, LKQ’s international remanufacturing operations have been capable of 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 finally should be repaired, remanufactured, reused, or recycled. LKQ desires to be first-to-market with electrification within the Unbiased aftermarket and is dedicated to supply options for this problem.
In Could 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 emissions
LKQ is contributing to the targets of the Paris Settlement, engaged on an emissions sustainability roadmap with the objective to scale back international Scope 1 and Scope 2 emissions by 30% by 2030 in comparison with the 2021 baseline relative to income. Pilot initiatives with battery-electric and HVO-fuel-powered supply vans, are presently operating in several international locations and can information the roadmap to internet zero in 2050. First outcomes are promising and among the new supply automobiles have already been built-in into our native department community for final mile deliveries.
LKQ Europe’s route in direction of zero emissions additionally contains behavioral change similar 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 heart in Berkel en Rodenrijs, Netherlands. The corporate engages with its suppliers to determine 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 typical European company tradition
Providing all staff a protected and motivating working atmosphere by valuing totally different backgrounds, supporting variety and inclusion, driving particular person growth with the brand new inner LKQ YOU coaching program, and constructing a typical European company tradition are key targets. This previous summer season, LKQ launched its first-ever international worker engagement survey, “Your Voice Issues”. LKQ has recognized areas for enchancment and has taken significant motion primarily based 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 Europe
LKQ Europe, a subsidiary of LKQ Company, with its head workplace in Zug, Switzerland, is the main distributor of automotive aftermarket components for automobiles, industrial vans and industrial autos in Europe. It presently employs roughly 26,000 folks with a community of greater than 1,000 branches and roughly $6.1 billion in income in 2021. The group provides over 100,000 impartial workshops in over 20 European international locations.
The group contains Euro Automobile Components, 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.
Media Contact Europe
Dr. Christiane Lesmeister
Director of Communications
LKQ Europe GmbH
T +41 41 884 84 41
M +41 79 728 65 84