LKQ Europe is Committed to Becoming a Net-Zero Emissions Company

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LKQ Europe progresses in driving sustainability in the 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 just lately 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 variety, worker coaching, and security.LKQ Fource Central Distribution Heart Photo voltaic PanelsLKQ Company has lengthy been a frontrunner in environmental companies and sustainability. In truth, it’s the inspiration upon which LKQ was constructed. At this time, LKQ is the world’s largest recycler of autos and the world’s largest different and aftermarket elements and companies 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 elements have been offered final yr.LKQ’s dedication to sustainability is a necessary a part of the corporate’s company technique. The corporate’s efforts are framed by the Sustainable Growth Objectives (SDG) of the United Nations. LKQ is partaking in sustainability tasks that can positively affect its clients, the local weather and atmosphere, its workers, 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 elements in Europe with a state-of-the-art distribution community our most important focus is ready on emission discount,” says Arnd Franz, CEO of LKQ Europe. “We’re growing 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 the direction of turning into a net-zero emissions firm by 2050.”A key enabler of a round economic system within the automotive sector
LKQ contributes to a sustainable society, enhancing the security, reliability, and lifelong of automobiles by making use of round economic system ideas to its enterprise mannequin. This contains restore, remanufacturing, and recycling of automotive elements, saving worthwhile assets. Final yr alone, LKQ’s international 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.Presently LKQ Europe is investigating future options for traction battery dealing with, anticipating round 34 million put in high-voltage batteries within the battery-electric car fleet in Europe alone by 2030, that can ultimately 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 the 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 tasks with battery-electric and HVO-fuel-powered supply vans, are at the moment operating in numerous nations 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 the direction of zero emissions additionally contains behavioral change reminiscent of driver coaching, decrease emission autos, use of different fuels, and initiatives in its buildings, branches, and merchandise. For instance, 8’500 photo voltaic panels are actually put in on LKQ’s latest and BREEAM Wonderful 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 the direction of a CO2 impartial economic system.Constructing a typical European company tradition
Providing all workers a protected and motivating working atmosphere by valuing totally different backgrounds, supporting variety and inclusion, driving particular person improvement with the brand new inside LKQ YOU coaching program, and constructing a typical European company tradition are key targets. This previous summer time, LKQ launched its first-ever international 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 Europe
LKQ Europe, a subsidiary of LKQ Company, with its head workplace in Zug, Switzerland, is the main distributor of automotive aftermarket elements for automobiles, business vans and industrial autos in Europe. It at the moment 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 unbiased workshops in over 20 European nations.The group contains Euro Automotive 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.The LKQ Sustainability report may be accessed at www.lkqcorp.com within the Corporate Responsibility section. Media Contact Europe
Dr. Christiane Lesmeister
Director of Communications
LKQ Europe GmbH
Zählerweg 10
6300 Zug
T +41 41 884 84 41
M +41 79 728 65 84
E christiane.lesmeister@lkqeurope.com



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