NOVI, Mich.—Cooper Standard Holdings Inc., parent company of Cooper Standard Automotive Inc., issued its 2016 corporate responsibility report, providing an overview of its commitment to corporate citizenship.
The report describes how Cooper Standard delivers on its strategic initiatives, which include listening to customers, producing superior products, driving sustained excellence and engaging employees about its culture of innovation and community involvement.
"We are proud to share our first Corporate Responsibility Report which comes at an important time in our strategic journey," Chairman and CEO Jeff Edwards said in a statement. "The Company has made great strides and we are pleased to share our progress."
The firm identified nine Tier 1 material topics covered within the report and highlighted a number of achievements throughout 2016, including:
• Strategic focus on its core product lines;
• Technology solutions resulting from a dedicated innovation process and team, earning the Company a number of awards, including the Automotive Innovation Award for "Most Innovative Use of Plastics" from the Society of Plastics Engineers;
• Employee engagement in community involvement to support over 100 charities since the inception of the Company's charitable Foundation in 2013;
• Improved safety performance on its journey to zero injuries; and
• Its first company-wide measurement of energy use and associated greenhouse gas emissions.
The full report can be found here.
Headquartered in Novi, Cooper Standard is a supplier of systems and components for the automotive industry with 30,000 employees in 20 countries.