SDG Engagement Equity Q3 2023 case study: LKQ – Federated Hermes Limited

LKQ is a global distributor of vehicle products, including replacement parts, used in the repair and maintenance of vehicles.

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... LKQ is the largest recycler of automobiles in the world. Circularity is at the heart of its business model.

In North America, its salvage operations recycle more than 90% of the materials from end-of-life vehicles. The company’s recycling activities intrinsically generate a positive environmental impact and it is well positioned to sustain its commitment to automotive circularity as the proportion of EVs around the world increases.

Furthermore, the company has made meaningful steps to reduce its operational emissions footprint and enhance the livelihoods of the 45,000 people it employs.

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