Doing our part for a more sustainable world.
We Are a Leader in the Circular Economy: our process reduces landfill waste, extending the useful life of vehicles, and providing attractive and cost-effective options to consumers.
Salvaging vehicle parts is not just good for the planet, it is good for customers and business. Approximately 22% of our global revenue in 2023 was linked to salvage.
Rhenoy Group, LKQ Atracco and Green Bean are examples of LKQ’s efforts to profitably expand its contributions to the circular economy.
The salvaging experts at LKQ, proprietary technology, and partnerships with recycling firms, combine forces to continually increase the value we extract from each salvaged vehicle.
In 2023, LKQ salvaged over 750,000 vehicles, sold over 12 million individual salvaged parts and sent 116 thousand metric tons of product for recycling.
Our 102 salvage facilities around the globe use proprietary AI technology to identify the salvageable parts from vehicles we procure.
In the European segment, through the LKQ Academy, we are supporting our customers to become the “workshop of the future”.
Even as we deliver sustainable outcomes through our customers, we are consciously balancing their needs with a commitment to reduce the environmental impact of our operations.
In responsibly managing the impacts of our operations, we are committed to further develop our decarbonization roadmap with a key focus on Fleet Efficiency, Renewable Energy and Property Upgrades.
From our team members working in the salvage yards dismantling vehicles and our warehouse workers operating forklifts to our drivers within our fleet, we are committed at all levels of our organization to promote and operate a culture that keeps all our people safe.
We strive to create an environment where creativity thrives and people are empowered to make decisions that they determine are best for their team and the business.
Our global employee engagement survey is an opportunity to listen to our organization and understand what we are doing well for our employees and where there is opportunity for improvement.
We recently established a ‘Respect and Inclusivity Commitment’ for our employees, designed to ensure all our team members can come to work every day with peace of mind, knowing that we are committed to promoting a caring, inclusive, and accessible environment where they can flourish and thrive.
We operationalize Sustainability throughout the organization with accountability and oversight at the board and management levels.
Our Compensation and Human Capital Committee considers effective practices to incentivize and align management with strategic goals, including Sustainability.
We are guided by our Code of Ethics that applies to all directors, officers, and employees, and to all of our subsidiaries, and by our policies addressing workplace harassment and discrimination, anti-bribery and anti-corruption, and export controls, among other topics.
As a global company we are working towards meeting the needs of several Sustainability-linked rules, regulations, and reporting standards.
In 2020, LKQ established the LKQ Community Foundation, with the mission of building strong partnerships with our employees and the communities in which we operate.
The Joseph M. Holsten Scholarship was established for the children and dependents of LKQ employees around the world to pursue post-high school education, including technical and vocational schools.