Cooper Standard announced the release of its 2024 Corporate Responsibility Report, titled 'Transformation: Change is Constant,' on May 14, 2025. The report underscores the company's commitment to ethical business practices, environmental stewardship, and financial strength.
A notable announcement in the report is Cooper Standard's commitment to develop near-term science-based targets, paving the way toward its aspiration to become carbon neutral by 2040 in Europe and by 2050 globally. This sets ambitious long-term environmental goals for the company.
The report also details the company's first double materiality assessment, aligned with the European Union's Corporate Sustainability Reporting Directive. This assessment identifies key priorities including energy, greenhouse gas emissions, climate change adaptation, and product lifecycle circularity, demonstrating a comprehensive approach to sustainability.
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