Highlights Progress on Environmental, Social, and Governance Initiatives
"Stoneridge's inaugural Sustainability Report is a milestone in our company's history as it reflects our commitment to integrating sustainable practices throughout our business," said
The Company's four sustainability pillars “ Our Products, Our Operations, Our People, and Our Governance “ are the foundation of this report, and the areas in which Stoneridge reports its performance.
Accomplishments highlighted in the 2023 Sustainability report include:
- 18.6% reduction of Absolute Scope 1 and Scope 2 GHG Emissions against a 2019 baseline, exceeding initial targeted reduction by 3.6%
- Achievement of a B score on CDP Climate Change Disclosure
- Formation of Diversity, Equity, and Inclusion (DEI) committee structure and strategy
- Published first Task Force for Climate-Related Financial Disclosures (TCFD) Report
- Disclosed first Sustainable Accounting Standards Board (SASB) Standards Index
- Alignment with United Nations (UN) Sustainable Development Goals
For more information on the company's sustainability initiatives and to view the full 2023 report, visit www.Stoneridge.com/Sustainability.
About Stoneridge, Inc.
Stoneridge, Inc., headquartered in