[August 11, 2017] |
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Cooper Tire & Rubber Company Issues 2016 Global Sustainability Report
Cooper Tire & Rubber Company today released its fifth annual Corporate
Social Responsibility (CSR (News - Alert)) and Sustainability report - "Responsibility
the Cooper Way." The report is available on the company's corporate
website at http://coopertire.com/Corporate-Responsibility/Sustainability.aspx.
"Cooper's sustainability initiatives include our efforts to improve the
lives of our employees, our communities, and the world for future
generations. This report details our progress in terms of environmental
stewardship, employee health and safety, technology, innovation, and
community support," said Brad Hughes (News - Alert), Cooper's President & Chief
Executive Officer. "We are making progress on these initiatives and will
continue to report our performance to key stakeholders," he added.
Highlights from Cooper's 2016 report include:
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Energy usage: Cooper has been working for many years to reduce energy
usage, a key resource in the production of tires. The company has
reduced energy usage intensity by 18 percent since 2009, and usage
intensity has declined year-over-year.
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Water usage intensity: Cooper has reduced water usage intensity by
7 percent since 2009.
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Landfill usage intensity: Cooper landfill usage intensity has
decreased nearly 30 percent since 2009.
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Greenhouse gas emissions intensity: Cooper geenhouse gas emissions
intensity has decreased 12 percent since 2009.
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Tire safety education: Cooper continues to support its signature cause
of tire and vehicle safety for teens and young adults through the
Tread Wisely™ program. Cooper employees are active in sharing
education through this program across the United States, Serbia and in
the United Kingdom, with plans to expand the program to Asia and Latin
America. Cooper also launched its first app, the Tread Wisely app, to
put tire and vehicle safety information directly into the hands of
young drivers.
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Sustainable product innovation: Cooper continues to strive toward ever
more fuel efficient, better performing tires - creating more value in
our products. We are doing this through a variety of sustainable
product innovations. This includes Cooper's recently completed work on
a five-year Biomass Research and Development Initiative grant to
develop the guayule plant as an alternative natural rubber source for
the tire industry. Leading a public-private sector consortium, Cooper
produced passenger car tires in which all natural and synthetic rubber
is replaced with guayule rubber.
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Employee Health and Safety: Cooper continues to promote a zero-injury
culture through an employee Safety Excellence System and a "Drive to
Zero" global safety campaign, which demonstrates the company's
commitment to continuous improvement toward becoming an injury-free
workplace. The Total Recordable Incident Rate in Cooper's tire
manufacturing plants worldwide has improved more than 70 percent since
2007.
About Cooper Tire & Rubber Company
Cooper Tire & Rubber Company (NYSE: CTB) is the parent company of a
global family of companies that specializes in the design, manufacture,
marketing and sale of passenger car, light truck, medium truck,
motorcycle and racing tires. Cooper's headquarters is in Findlay, Ohio,
with manufacturing, sales, distribution, technical and design operations
within its family of companies located in more than one dozen countries
around the world. For more information on Cooper, visit www.coopertire.com,
www.facebook.com/coopertire
or www.twitter.com/coopertire.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170811005310/en/
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