Standard Motor Products, Inc. Announces Release of 2023 Sustainability Report

PR newswire

NEW YORK, May 15, 2024

NEW YORK, May 15, 2024 /PRNewswire/ — Standard Motor Products, Inc. (SMP) is pleased to announce its 2023 Sustainability Report which highlights SMP’s commitment to being a good corporate citizen by highlighting emphasis on increasing its sustainability profile. The report provides an overview of SMP’s initiatives, future goals and achievements with respect to its operations, employees, communities and other stakeholders.

Standard Motor Products, Inc. Announces Release of 2023 Sustainability Report

Eric Sills, Chairman and CEO of SMP, said: “On behalf of our entire SMP family, I am pleased to share with you our 2023 Sustainability Report. SMP continues to improve our sustainability efforts and we Let us remain committed to our initiatives to ensure positive results. lasting change within our organization and all the communities in which we operate.

Highlights of this report include:

The development of additional, powertrain-neutral electrical and safety products for today and tomorrow’s vehicles, including battery electric and hybrid electric vehicles.
Improving its social programs, including increased emphasis on employee training and development initiatives.
Alignment of SMP’s commitment to standardized sustainability reporting with applicable global laws and regulations
Reductions in Scope 1 and Scope 2 greenhouse gas (“GHG”) emissions, with the aim of achieving SMP’s stated goal of achieving carbon neutrality by 2050.

The 2023 Corporate Sustainability Report is now available on the 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 aftermarket parts in the automotive aftermarket and a provider of custom solutions for manufacturers of vehicles and equipment in various end markets outside the aftermarket. SMP sells its products primarily to retailers, warehouse distributors, original equipment manufacturers and original equipment replacement parts operations in the United States, Canada, Europe, Asia, Mexico and in other Latin American countries. For more information, download the SMP Parts app or visit SMPcorp.com.

(PRNewsfoto/Standard Motor Products, Inc.)

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SOURCE Standard Motor Products, Inc.