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Cooper Standard(NYSE: CPS) is pleased to announce that it has been named to Newsweek’s list of America’s Most Responsible Companies2023 for the fourth consecutive year. This prestigious award ispresented by Newsweek and Statista Inc., the world-leadingstatistics portal and industry ranking provider.
America’s Most Responsible Companies were selected based onpublicly available key performance indicators (KPIs) derived from CSRReports, Sustainability Reports and other reports, as well as anindependent survey. The KPIs focused on company performance in theenvironmental, social and corporate governance areas, while theindependent survey asked U.S. citizens about their perception ofcompany activities related to corporate social responsibility. Thefinal list, which can be viewed on Newsweek’s website,recognizes the top 500 most responsible companies in the UnitedStates, spanning 14 industries. Cooper Standard has been included onthe list of most responsible companies in the United States since itsinception four years ago.
“It is an honor to again be recognized in Newsweek’s America’s Most Responsible Companies list,” said Jeffrey Edwards,chairman and CEO, Cooper Standard. “Cooper Standard’s commitmentto addressing ESG issues makes our team, partnerships and businessstronger as we continue developing innovative products and systems toaddress our customers’ ever-changing needs.”
Cooper Standard offersinsights into the ESG topics considered most important by theCompany’s stakeholders through an annual corporate responsibilityreport that covers the Company’s progress toward world-classperformance and actions to elevate value for all stakeholders. In itslatest report, “TOGETHER,” the Company incorporated new goals for renewable energy and wastereduction, along with a focus on climate change risks and impacts.This report also shares progress on its long-term goals supporting keyESG material topics.
The Newsweek recognition serves as further validation ofCooper Standard’s commitment to ethical business practices. Earlierthis year, the Company was again recognized by Ethisphere, a globalleader in defining and advancing the standards of ethical businesspractices, as one of the 2022World's Most Ethical Companies .
About Cooper Standard
Cooper Standard,headquartered in Northville, Mich., with locations in 21 countries, isa leading global supplier of sealing and fluid handling systems andcomponents. Utilizing our materials science and manufacturingexpertise, we create innovative and sustainable engineered solutionsfor diverse transportation and industrial markets. CooperStandard's approximately 23,000 employees are at the heart of oursuccess, continuously improving our business and surroundingcommunities. Learn more at www.cooperstandard.com orfollow us on Twitter @CooperStandard.
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