SMP Releases 2022 Corporate Sustainability Report

SMP Releases 2022 Corporate Sustainability Report

It highlights SMP’s continued commitment to being environmentally and socially responsible.

Standard Motor Products, Inc. (SMP) announced the publication of its third Corporate Sustainability Report that it says highlights SMP’s continued commitment to being environmentally and socially responsible. It also provides insights into SMP’s initiatives, future goals, and achievements in relation to its business, employees, communities and the planet, according to SMP.

“On behalf of our entire SMP family, I am pleased to share with you our 2022 Corporate Sustainability Report. To deliver on the objectives that we established in our previous report, SMP has made significant enhancements to our environmental, social, and governance profile. We believe that these initiatives will provide long-term value to our Company, stakeholders, and the communities within which we operate,” said CEO Eric Sills.

SMP says highlights of this report include:

  • The implementation of practices that contribute to a greener car parc, including assisting in the control of vehicle emissions and introducing additional components for hybrid and electric vehicles;
  • Reduction of its carbon footprint and progress toward its ambition to achieve net-zero greenhouse gas emissions by 2050, and updates to its energy, water and waste management programs;
  • A reported reduction in scope 1 and 2 GHG emissions (Intensity) by 11% compared to 2021, and 30% compared to the 2019 baseline year, and a reduced total usage of water (Intensity) by 9% compared to 2021, and 29% compared to the 2019 baseline year;
  • Enhancing diversity, equity, inclusion and belonging programs, as well as employee training, development and retention, while prioritizing health and safety;
  • Diversification of its Board of Directors; and
  • The appointment of a director of global sustainability to analyze opportunities, develop strategies, and monitor environmental supply chain efforts worldwide.

You May Also Like

WVE Vehicle Electronics Provides New Part Number Update

In May, 270 new part numbers were introduced, offering more than 220 million sales opportunities, the company says.

WVE Vehicle Electronics introduced 270 new part numbers in May, which are now available for a range of light- and heavy-duty vehicle applications. In all, WVE announced 128 HVAC products, 39 switches, 29 fuel injection products, 25 sensors, 21 connectors, 18 emissions products, 4 relays, 4 electrical products, 1 solenoid, and 1 knock sensor kit – which includes more than 220 million sales opportunities, the company says.

MAHLE Aftermarket Renews Drag Racing Sponsorship

MAHLE renewed its sponsorship with renowned drag racer Melanie Salemi for the 2023 season.

SMP Recognized for Sustainability Efforts

SMP was one of seven auto parts manufacturers to be recognized in USA Today’s Inaugural List of America’s Climate Leaders.

Eastern Catalytic Announces New Part Numbers for May

The new part numbers cover more than 2 million VIO.

Continental Offers TPMS Tools, Sensors in Turnkey Bundle

The bundle combines the company’s Autodiagnos TPMS tools with Continental’s REDI-Sensor TPMS sensors.

Other Posts

PPG Sets Science-Based 2030 Decarbonization Targets

PPG has committed to reduce absolute emissions from its own operations (scope 1 and 2) by 50% by 2030.

SMP Released 222 New Part Numbers in May

The release provides new coverage in 69 different product categories.

PhaseZero, Dana Partner on Digital Commerce Solution

The cloud-based solution delivers one global, modern customer-experience platform.

EnerSys Unveils ODYSSEY Connect Battery Monitoring System 

The information received through the system is communicated via Bluetooth to any Apple or Android smart device.