NEW
YORK, May 15, 2024 /PRNewswire/ -- Standard
Motor Products, Inc. (SMP) is pleased to announce its 2023
Corporate Sustainability Report that highlights SMP's commitment to
being a good corporate citizen with a focus on increasing its
sustainability profile. The report provides insight into SMP's
initiatives, future goals, and achievements in relation to its
business, employees, communities, and other stakeholders.
Eric Sills, Chairman and CEO of
SMP, stated, "On behalf of our entire SMP family, I am pleased to
share with you our 2023 Sustainability Report. SMP continues to
enhance our sustainability efforts, and we remain committed to our
initiatives to ensure positive sustainability change within our
organization and all the communities in which we operate."
Highlights of this report include:
- The development of additional powertrain-neutral safety and
electrical products for the vehicles of today and tomorrow,
including battery electric and hybrid electric vehicles
- Enhancement to its social programs including an additional
focus on employee training and development initiatives
- Alignment of SMP's commitment to standardized
sustainability reporting with global applicable laws and
regulations
- Reductions in Scope 1 and Scope 2 greenhouse gas ("GHG")
emissions working towards SMP's stated goal of achieving carbon
neutrality by 2050
The 2023 Corporate Sustainability Report is now available
at SMP 2023 Sustainability Report.
About SMP
With over 100 years in business, Standard
Motor Products, Inc. is a leading independent manufacturer and
distributor of premium replacement parts in the automotive
aftermarket and a custom-engineered solutions provider to vehicle
and equipment manufacturers in diverse non-aftermarket end markets.
SMP sells its products primarily to retailers, warehouse
distributors, original equipment manufacturers and original
equipment service part operations in the
United States, Canada,
Europe, Asia, Mexico
and other Latin America countries.
For more information, download the SMP Parts App or visit
SMPcorp.com.
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SOURCE Standard Motor Products, Inc.