Climate Change Data

Cooper Standard Holdings Inc.

Climate Impact & Sustainability Data (2017, 2018, 2020, 2021, 2022, 2023)

Reporting Period: 2017

Environmental Metrics

Total Carbon Emissions:59.6 tons per 1,000 hours worked (2017)
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:61.4 MMBtu per 1,000 hours worked (2017)
Water Consumption:3,190,935 cubic meters (2017)
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Customer Satisfaction
  • Community Involvement
  • Energy Use & GHG Emissions
  • Governance, Ethics & Compliance
  • Information Security
  • Innovation
  • Product Safety
  • Supply Chain Sustainability
  • Talent Management
  • Workplace Safety

Environmental Achievements

  • Reduced energy consumption for fossil fuels and electricity by 2.9%, resulting in an 11.6% decrease in greenhouse gas emissions.
  • Nine facilities achieved landfill-free (100 percent diversion) status.
  • Eighteen facilities achieved >90 percent landfill diversion.

Social Achievements

  • Achieved 81 percent improvement in Total Incident Rate (TIR) globally since 2013.
  • 25 manufacturing and technical centers achieved zero injuries.
  • Launched STEM Affinity Group to inspire student achievement and interest in STEM careers.
  • Formalized veterans’ support initiative, Cooper Standard Careers for Veterans, to provide career opportunities for military veterans.

Governance Achievements

  • Introduced a comprehensive Supplier Code of Conduct.
  • Upgraded third-party chemical compliance management system (CCMS).
  • Improved compliance by automating key compliance processes for logical access controls.

Climate Goals & Targets

Long-term Goals:
  • Zero injuries.
Medium-term Goals:
  • Have all sites at greater than 90 percent landfill diversion by 2021.
Short-term Goals:
  • Reduce scrap by 20 percent on a cost basis from 2016 to 2018.

Environmental Challenges

  • Meeting stringent regulations for emissions and fuel economy worldwide.
  • Maintaining a vital and responsible supply chain.
  • Ensuring information technology and security.
Mitigation Strategies
  • Developing product innovations for improved environmental impact, such as product weight reduction.
  • Holding suppliers accountable to Supplier Code of Conduct.
  • Using an ISO/IEC 27001-aligned Information Security Management Systems framework.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI

Certifications: ISO 14001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Fortrex™

Awards & Recognition

  • Best of MichBusiness Award for STEM Achievements
  • Corp! Michigan Economic Bright Spot
  • 2018 Automotive News PACE Award Finalist
  • New Lexington, Ohio Presidential Award

Reporting Period: 2018

Environmental Metrics

Total Carbon Emissions:5.6 tCO2e/1,000 hours worked (2018)
Total Energy Consumption:54.7 MMBtu/1,000 hours worked (2018)
Water Consumption:2,740,091 m3/year (2018)

ESG Focus Areas

  • Talent Management
  • Workplace Safety
  • Diversity and Inclusion
  • Human Rights
  • Community Involvement
  • Product Quality and Safety
  • Innovation
  • Product Life Cycle
  • Customer Satisfaction
  • Ethics and Compliance
  • Information and Data Security
  • Chemical Compliance
  • Energy and GHG Emissions
  • Waste

Environmental Achievements

  • 8.2% decrease in energy consumption of fossil fuels (direct) and electricity (indirect), resulting in a corresponding decrease in greenhouse gas emissions of 11.1%
  • 45 plants completed the energy hunt implementation, resulting in $6.1 million in anticipated annual cost savings
  • 29% of reporting manufacturing facilities achieved 100% landfill-free status and 18% achieved 90% or greater

Social Achievements

  • Launched a new performance management process aimed at maximizing productivity and innovation
  • Launched a global onboarding program for salaried employees
  • Redesigned performance management process
  • Continued to assess workforce competencies to identify current gaps
  • Increased employee engagement through community involvement, resulting in more than double the amount of donations since the Foundation’s establishment in 2013

Governance Achievements

  • Adopted an enhanced Code of Conduct
  • Introduced a comprehensive Supplier Code of Conduct
  • Combined the lead roles for both Purchasing and Information Technology to further speed the digitization of purchasing data

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Achieve all current cells and jobs trained by BTO by the end of 2019
Short-term Goals:
  • Reduce energy costs by 5% per year

Environmental Challenges

  • Global material costs as a percentage of sales increased by 0.5% due to material price volatility and trade tariffs
  • Global talent shortages
  • 2018 TIR worsened slightly compared to 2017
Mitigation Strategies
  • Developed a TA Transformation Strategy to improve processes, technologies, and talent strategies
  • Implemented a comprehensive Safety Balanced Scorecard (SBS)
  • Developed global standards for seven critical safety programs
  • Developed and implemented second-generation versions of safety culture maturity survey and global job hazard and risk assessment tool

Supply Chain Management

Supplier Audits: 50 top suppliers completed a Self-Assessment Questionnaire (SAQ) on sustainability

Responsible Procurement
  • Supplier Code of Conduct addressing anti-corruption, conflict minerals, human rights, health, safety, environment, and chemical compliance

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI

Certifications: ISO 14001, OHSAS 18001

Sustainable Products & Innovation

  • Fortrex® (lower carbon footprint)

Awards & Recognition

  • 2018 Automotive News PACE Award
  • General Motors’ Supplier of the Year (2017)
  • Society of Plastics Engineers’ Innovation Award finalist

Reporting Period: 2020

Environmental Metrics

Total Carbon Emissions:61.34 thousand tonnes (Scope 1) + 208.36 thousand tonnes (Scope 2)
Scope 1 Emissions:61.34 thousand tonnes
Scope 2 Emissions:208.36 thousand tonnes
Renewable Energy Share:0%
Total Energy Consumption:0.46 TWh
Water Consumption:1,934 thousand cubic meters
Waste Generated:82,283 tonnes

ESG Focus Areas

  • Talent Management
  • Innovation
  • Workplace Safety
  • Product Safety and Quality
  • Diversity and Inclusion
  • Climate Change
  • Low-carbon economy
  • Circularity
  • Ethics & Compliance
  • Human Rights
  • Information & Data Security
  • Energy, Emissions & Waste

Environmental Achievements

  • Achieved 69% of facilities with over 90% waste diversion.
  • Reduced total energy consumption due to temporary facility closures.
  • Reduced Scope 1 and Scope 2 emissions faster than energy reductions.

Social Achievements

  • Achieved record safety performance with 0.32 incidents per 200,000 hours worked.
  • Launched a new diversity, inclusion, and belonging policy.
  • Continued expanding Cooper Standard University.
  • Launched GLT Awards to recognize high-performing teams.
  • Maintained improved customer relations despite pandemic challenges.

Governance Achievements

  • Introduced a new Diversity, Inclusion and Belonging policy.
  • Received recognition by Ethisphere Institute as one of the World’s Most Ethical Companies® for the second time.
  • Senior Director - Ethics & Compliance named a finalist in Compliance Week’s Excellence in Compliance Awards.

Climate Goals & Targets

Medium-term Goals:
  • Achieve 10% or greater ROIC by 2023.
  • Implement our innovative materials and product solutions on half of all battery electric vehicles on the road by 2023.
Short-term Goals:
  • Reduce operational energy consumption indexed to sales by 15% by 2025.
  • Lower Scope 1 and Scope 2 GHG emissions indexed to sales by 15% by 2025.
  • Decrease solid waste generated by 25% by 2025.
  • Achieve 100% waste diversion rate globally by 2025.
  • Source electricity from 100% renewable energy sources by 2025.
  • Improve each facility’s safety balanced scorecard rating by 15% by 2023.
  • Achieve 100% of facilities certified to ISO 45001 by 2023.
  • Achieve 98% green or yellow customer scorecards by 2023.
  • Reduce the percentage of potential safety-critical issues reaching customers by 50% by 2023.
  • Decrease quality incidents per billion by 35% by 2023.
  • Implement 114 controls aligned with ISO 27001 by the end of 2022.
  • Provide annual training on phishing data security practices for 100% of employees by end of 2021.
  • Implement third-party cyber security assessments for all known vendors by the end of 2021.
  • Ensure and validate that 100% of employees know where to find the Code of Conduct and policies by 2023.
  • Foster an environment where 100% of employees will report feeling comfortable speaking up by 2023.
  • Foster an environment where 100% of employees don’t feel pressured to compromise values by 2023.
  • Achieve 100% satisfaction with the reporting process by 2023.
  • Reach 100% response rate on supplier SAQ from our direct materials GROW suppliers by 2023.
  • Audit 100% of our GROW direct materials suppliers for compliance with our Human Rights Policy by 2023.
  • Continue expanding Cooper Standard University and further enhancing our overall learning and development opportunities by 2022.

Environmental Challenges

  • COVID-19 pandemic impacted operations, supply chain, and workforce availability.
  • Travel restrictions hindered supplier audits.
  • Economic crisis of the pandemic reduced internal fill rate.
  • Lower turnover rates for salaried employees reduced available opportunities at the director level.
Mitigation Strategies
  • Mobilized Global and Regional Emergency Response Teams to mitigate risks.
  • Successfully transitioned to remote work for office-based employees.
  • Published a detailed guide for facilities to implement global safety guidelines.
  • Developed supplier screening processes.
  • Adapted and continued to make progress in strengthening recruitment and talent development programs.
  • Implemented new and comprehensive procedures to help keep employees healthy and work environments safe.

Supply Chain Management

Responsible Procurement
  • Supplier Code of Conduct addressing anti-corruption, anti-bribery, conflict minerals, human rights, health, safety, environment, and chemical compliance.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI, SASB

Certifications: ISO 14001 (84% of facilities), ISO 45001 (24.7% of facilities)

Sustainable Products & Innovation

  • Fortrex® chemistry platform (lower carbon footprint)
  • Recyclable polypropylene materials
  • A.I. tools for material formulation and manufacturing process control

Awards & Recognition

  • GM Supplier of the Year (3 consecutive years)
  • Newsweek’s America’s Most Responsible Companies (2 consecutive years)
  • One of the World’s Most Ethical Companies® by Ethisphere®

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:248 thousand tonnes CO2e
Scope 1 Emissions:58.22 thousand tonnes CO2e
Scope 2 Emissions:189.91 thousand tonnes CO2e
Renewable Energy Share:0%
Total Energy Consumption:1.12 TWh
Water Consumption:1857 thousand cubic meters
Waste Generated:65672 tonnes
Carbon Intensity:0.1065 tonnes CO2e / $1000 revenue

ESG Focus Areas

  • Business Ethics & Integrity
  • Climate Change
  • Diversity, Inclusion & Belonging
  • Employee Engagement & Talent Recruitment
  • Energy & GHG Emissions
  • Innovation
  • Product Lifecycle

Environmental Achievements

  • 93% of global production waste diverted
  • 11% reduction in Scope 1 and 2 GHG emissions (indexed to sales)
  • 2.2% reduction in operational energy consumption (indexed to sales)

Social Achievements

  • Launched a global employee communications mobile app, CS Connect, to create a real-time dialogue with the workforce.
  • Increased the number of ISO 45001 certified plants from 24.7% to 37%
  • Received General Motors Overdrive Award in the category of ‘Sustainability’ for our Fortrex® chemistry platform.

Governance Achievements

  • Formed a Global Sustainability Council to provide executive-level oversight for the Company’s sustainability strategy.
  • Implemented a sustainability sign-off on all capital spending requests.
  • Recognized for the third time by the Ethisphere Institute as one of the World's Most Ethical Companies®.

Climate Goals & Targets

Short-term Goals:
  • Reduce solid waste generated by 25% by 2025
  • Achieve 100% waste diversion rate globally by 2025
  • Lower Scope 1 and Scope 2 GHG emissions indexed to sales by 15% by 2025
  • Reduce operational energy consumption indexed to sales 15% by 2025
  • Source our electricity from 100% renewable energy sources by 2025

Environmental Challenges

  • Supply chain disruptions due to Covid-19, natural disasters, and logistic constraints.
  • Commodity cost increases.
  • Addressing the challenges of the Covid-19 pandemic.
Mitigation Strategies
  • Addressed 45 notices of force majeure from suppliers and more than 200 supply risk incidents without disrupting production.
  • Developed a contingency planning procedure to mitigate risks to manufacturing and shipping.
  • Created the Mantis dashboard to project the impact of raw material cost increases and model current and future impact on customer pricing and product profitability.

Supply Chain Management

Supplier Audits: 42% of Grow suppliers audited in 2021

Responsible Procurement
  • Supplier Code of Conduct
  • Sustainability Assessment Questionnaire

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI, SASB

Sustainable Products & Innovation

  • Fortrex® chemistry platform
  • FlushSeal™ movable glass sealing system
  • PlastiCool® multi-layer tube

Awards & Recognition

  • Newsweek’s America’s Most Responsible Companies
  • One of the World’s Most Ethical Companies® by the Ethisphere Institute
  • General Motors Supplier of the Year
  • General Motors Overdrive Award

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:245 thousand tonnes CO2e
Scope 1 Emissions:62.98 thousand tonnes CO2e
Scope 2 Emissions:182.29 thousand tonnes CO2e
Renewable Energy Share:0%
Total Energy Consumption:1.11 TWh
Water Consumption:1765 thousand cubic meters
Waste Generated:45610 thousand tonnes
Carbon Intensity:0.0971 tonnes CO2e / $1,000 revenue

ESG Focus Areas

  • Business Ethics & Integrity
  • Climate Change
  • Diversity, Inclusion & Belonging
  • Employee Engagement & Talent Recruitment
  • Energy & GHG Emissions
  • Innovation
  • Product Lifecycle

Environmental Achievements

  • 87.9% of global production waste diverted
  • 8.8% reduction in Scope 1 and 2 emissions
  • Reduction of approximately 560 MWh (Megawatt hours), or approximately 218kg (481,489 lbs.) of CO2 emissions by migrating corporate enterprise datacenters into the cloud

Social Achievements

  • Launched Respectful Communications Campaign
  • Expanded Panels with a Purpose and DIB-related content on CS Connect
  • Improved Total Incident Rate that outperformed the world-class benchmark for the sixth consecutive year.
  • 25 plants achieved zero incidents

Governance Achievements

  • Formalized ESG governance structure and management system
  • Recognized for the third time by the Ethisphere Institute as one of the World's Most Ethical Companies®, as well as one of America’s Most Responsible Companies by Newsweek

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Decrease our solid waste generated by 25% by 2025
  • Commit to have 100% waste diversion rate globally, by 2025
  • Lower our Scope 1 and Scope 2 GHG emissions indexed to sales by 15% by 2025
  • Reduce our operational energy consumption (Scope 1 and 2) indexed to sales 15% by 2025
Short-term Goals:
  • Improve each facility’s safety balanced scorecard score by 15% from 2019 baseline by 2023
  • Achieve 100% of facilities certified to ISO 45001 by 2023
  • Reduce the percentage of potential safety-critical issues reaching customers by 50% by 2023
  • Decrease quality incidents per billion by 35% by 2023
  • Achieve 98% of green or yellow customer scorecards by 2023
  • Ensure and validate that 100% of employees know where to find the Code of Conduct and policies by 2023
  • Foster an environment where 100% of employees will feel comfortable reporting misconduct if they observed it by 2023
  • Foster an environment where 100% of employees never feel pressured to compromise values by 2023
  • Foster an environment where 100% of employees believe their concerns about unethical behavior or misconduct will be fully investigated by 2023
  • Reach 100% response rate on supplier Sustainable Assessment Questionnaire from direct materials Grow suppliers by 2023
  • 100% of direct material Grow suppliers will have completed a self-assessment with respect to compliance with our Supplier Code of Conduct by 2023

Environmental Challenges

  • Ongoing unprecedented challenges and disruptions in the industry
  • Significant ongoing supply chain disruptions
  • Significant supply chain disruptions
  • Ongoing volatility in the market presented an environment of new risks related to product quality and safety
  • Short notice changes in customer production schedules and staffing challenges
Mitigation Strategies
  • Increased operating efficiency, improved profitability and cash flows
  • Lean initiatives, improved operating efficiencies, SGA&E reduction and realization of savings from past restructuring actions
  • Enhanced commercial agreements
  • Identified alternative materials which met our customers’ technical specifications
  • Execution of strong quality and product safety systems

Supply Chain Management

Responsible Procurement
  • Supplier Code of Conduct
  • General Terms and Conditions of Purchase
  • Sustainability Assessment Questionnaire (SAQ)

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI, SASB

Certifications: ISO 14001, ISO 50001

Sustainable Products & Innovation

  • Fortrex™ materials platform
  • PlastiCool® portfolio

Awards & Recognition

  • Newsweek’s America’s Most Responsible Companies
  • World’s Most Ethical Companies®
  • Environmental + Energy Leader Award
  • SPE Automotive award

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:265 thousand tonnes CO2e
Scope 1 Emissions:66.56 thousand tonnes CO2e
Scope 2 Emissions:198.11 thousand tonnes CO2e
Renewable Energy Share:0%
Total Energy Consumption:0.48 TWh
Water Consumption:1,617 thousand cubic meters
Waste Generated:56,620 tonnes
Carbon Intensity:0.0939 tonnes CO2e / $1,000 revenue

ESG Focus Areas

  • Business Ethics & Integrity
  • Climate Change
  • Diversity, Inclusion & Belonging
  • Employee Engagement & Talent Recruitment
  • Energy & GHG Emissions
  • Innovation
  • Product Lifecycle

Environmental Achievements

  • 89% of global production waste diverted in 2023
  • 60% of facilities achieved over 90% waste diversion in 2023
  • 3.3% improvement in emissions intensity despite higher sales

Social Achievements

  • Safety incident rate of 0.32 per 200,000 hours worked (well below the goal of 0.38)
  • 24 plants achieved a perfect safety record of zero incidents
  • Silver Medal EcoVadis Status achieved, placing the Company in the top 87% of responding companies in its segment
  • Launched the ¡Hola! ERG for Latinx employees in the U.S.
  • Expanded its network of Employee Resource Groups (ERGs)

Governance Achievements

  • Named to Newsweek’s America’s Most Responsible Companies for the fifth consecutive year
  • Expanded Code of Conduct training to include U.S. hourly workforce
  • Revised Policy on Global Human Rights and Supplier Code of Conduct to include additional provisions

Climate Goals & Targets

Long-term Goals:
  • 100% virtual validation by 2035
Medium-term Goals:
  • By 2028, 30% of product portfolio (including materials) provide improved sustainability vs. traditional solutions
Short-term Goals:
  • Decrease solid waste generated by 25% by 2025
  • Lower Scope 1 and Scope 2 GHG emissions indexed to sales by 15% by 2025
  • Achieve 100% waste diversion rate globally by 2025
  • Reduce operational energy consumption (Scope 1 and 2) indexed to sales by 15% by 2025
  • Increase percentage of employees who never feel pressured to compromise values year-over-year
  • Increase percentage of employees who believe their concerns about unethical behavior will be fully investigated year-over-year
  • Increase percentage of employees who feel comfortable reporting misconduct year-over-year
  • Increase percentage of employees who know where to find the Code of Conduct year-over-year
  • Achieve 65% of suppliers reaching SAQ sustainability score above 80% by 2027
  • Map 100% of grow suppliers by 2026
  • Increase percentage of phishing emails reported annually to 25% by 2027
  • Decrease percentage of phishing tests failed to less than 3% by 2027
  • Increase percentage of female salaried population year-over-year
  • Increase percentage of U.S. racially underrepresented salaried population year-over-year
  • Achieve better than world-class TIR of 0.57 annually
  • Implement a next generation Safety Balanced Scorecard program by 2025
  • Annually engage employees and their families equivalent to 50% of our workforce

Environmental Challenges

  • Ongoing supply chain disruptions
  • Organizational pressure to compromise standards to achieve business goals
Mitigation Strategies
  • Identified alternative materials to limit production interruptions
  • Implemented action plans to help managers better communicate with their teams about ethics
  • Provided employees and managers guides for best practices related to alleviating and responding to organizational pressure

Supply Chain Management

Supplier Audits: 100% of direct material Grow suppliers updated self-assessments in 2023

Responsible Procurement
  • Supplier Code of Conduct
  • General Terms and Conditions of Purchase
  • Sustainability Assessment Questionnaire (SAQ)

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI, SASB

Certifications: ISO 14001, ISO 50001

Sustainable Products & Innovation

  • Fortrex® materials platform
  • FlushSeal™ sealing system
  • PlastiCool® thermoplastic tubing

Awards & Recognition

  • Newsweek’s America’s Most Responsible Companies
  • EcoVadis Silver Medal
  • Nissan North America Leader in Sustainability
  • SPE Automotive Innovation Award finalist
  • General Motors Supplier of the Year