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Cooper Standard Establishes Carbon Neutral Targets in Updated Corporate Responsibility Report
Cooper Standard (NYSE: CPS) today announced the release of its 2024 Corporate Responsibility Report, titled "Transformation: Change is Constant," underscoring the Company's continued commitment to ethical business practices, environmental stewardship, philanthropic outreach, and financial strength. Notably, the 2024 report announces the Company's commitment to develop near-term science-based targets that will pave the way toward the Company's aspiration to become carbon neutral by 2040 in Europe
About this update from Cooper-standard Holdings Inc.
[{"type":"text","content":"NORTHVILLE, Mich., May 14, 2025 /PRNewswire/ -- Cooper Standard (NYSE: CPS) today announced the release of its 2024 Corporate Responsibility Report, titled "Transformation: Change is Constant," underscoring the Company's continued commitment to ethical business practices, environmental stewardship, philanthropic outreach, and financial strength. Notably, the 2024 report announces the Company's commitment to develop near-term science-based targets that will pave the way toward the Company's aspiration to become carbon neutral by 2040 in Europe and 2050 globally.","length":594,"tagName":"p"},{"type":"image","alt":"Cooper Standard (PRNewsfoto/Cooper Standard)","displaySize":"","headline":null,"caption":"Cooper Standard (PRNewsfoto/Cooper Standard)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":225,"url":"https://media.zenfs.com/en/prnewswire.com/a774c93b44f11b86a13997937fb66f4b"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/GXz1IMl7Fk.la3ivU3DAkA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTM5NztjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/a774c93b44f11b86a13997937fb66f4b","width":400,"height":225}},"href":"https://mma.prnewswire.com/media/2044542/Cooper_Standard_Logo_5_3_23_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":""In an industry where change sometimes seems to be the only constant, we embrace the need to be agile and adaptable to effectively meet ever higher regulatory standards and customer requirements," said Jeffrey Edwards, chairman and CEO of Cooper Standard. "Over the past five years we have effectively transformed the Company to make it stronger and more competitive, while still maintaining a constant focus on sustainability and our core Company values. We have set the bar high in terms of our sustainability goals and objectives, and we are proud of the progress we are making toward achieving them."","length":624,"tagName":"p"},{"type":"text","content":"In 2024, Cooper Standard conducted its first double materiality assessment, which was aligned to the requirements of the European Union's Corporate Sustainability Reporting Directive. The Company partnered with an objective third party to follow the process set forth by the European Sustainability Reporting Standards to develop and evaluate Impact,...