ENVIRONMENTAL, SOCIAL, & CORPORATE GOVERNANCe
Integrity, fairness, transparency, and accountability. It’s how we do business at Cooper.
At Cooper, we operate a complex global business, serve a wide variety of customers from many industries, and have a supplier base located on 5 continents. Without strong values and processes in the area of corporate governance, we could not survive. Our sustainable business practices are based on accountability, integrity, fairness, transparency, responsibility, and compliance with the laws and regulations in the nations we do business. And, most of all, we regard respect for human rights as part of our corporate responsibility along the entire value chain.
In every market in which Cooper operates globally, we must comply with an ever-expanding array of laws and regulations. Because we help our customers meet and exceed regulatory requirements, we maintain keen awareness of laws in every country where we and our partners operate. Every purchase order, written agreement, delivery document, and invoice is scrutinized within our Cooper process to ensure 100% compliance with local and national compliance standards. We take very seriously our commitment to be an example in our industry for compliance and ethical business practices.
It is our duty to operate our business with transparency, accountability, integrity and common sense. That means we are honest, complete and accurate in our accounting, communications and decision-making. We follow local, national and international laws; we do not engage in bribery, corruption, money laundering or anti-competitive business practices. And we respect intellectual property rights of others and aggressively defend our own. Every employee is encouraged to raise their voice if they see anything that does not align with these values.
Cooper respects individual privacy rights. We are committed to collecting, handling, and protecting personal information responsibly, and in compliance with applicable privacy and information security laws and with our privacy and information security policies. We seek to protect our networks, systems, devices, and information and use information only for legitimate purposes. We conduct security testing on our products prior to release and to monitor for cyber security threats and vulnerabilities.
Our suppliers, vendors and contractors, located around the world, are valued partners who play an integral role in the company’s ability to serve our customers. Our commitment to sustainable and ethical behavior is a core part of the business, and we expect our partners to act in accordance with our policies and the law. We hold our partners to high standards in legal and regulatory compliance, and environmental, health and safety performance. Before a new supplier is selected by Cooper, they go through a stringent process that reviews product quality, safety practices, delivery performance, and ethical business protocols.
This report summarizes our collective efforts to build a world-class Sustainability program that promotes Environmental, Social, and Governance (“ESG”) best practices. Through innovative products and services, we are making major contributions to reducing our industry’s environmental impact. Read the report to find out how Cooper is doing the most good for the most people.
E.S.G. Journey
We believe that our long-term success – both for our company and for the world – is dependent on our commitment to sound E.S.G. principles. That’s why we have committed to contributing to the United Nations Sustainable Development Goals (SDGs).
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Environmental
We practice what we preach and continuously review our internal processes to reduce environmental impact. For example, we eliminated chrome from our manufacturing processes by developing better materials for our power cylinders and piston rings.
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Social
Cooper is an equal opportunity employer. We condemn discrimination in any form and respect human rights, including privacy rights, affirmative action, and non-harassment. We are involved in our communities where we work. And we maintain strict data privacy standards.
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Governance
Our Code of Compliance clearly states our commitment to operating with our employees, customers, and suppliers in an ethical manner, reporting on our business in a clear and transparent way, complete legal compliance, and acting fairly with our competitors.
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Hydrogen & Landfill Gases
Hydrogen and biofuels are exciting topics in renewable energy right now, but we’ve been experts in both for quite a while. As the industry continues its development of these important resources, you can be sure that Cooper will be innovating as well, providing the most efficient ways to deliver and utilize these fuels.
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Equipment Upgrades
As technology marches on, some engines can benefit from modernization, so they are more efficient and use less fuel for more output. Cooper offers many upgrade products to help find that perfect sweet spot for an engine in any application.
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Operational Efficiency
The most important strategy for reducing your carbon footprint and greenhouse gas emissions is to get your equipment operating at its peak efficiency. A well-maintained engine will perform to its fullest potential and deliver the best fuel efficiency.
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Unburned Fuel Detection
& Leaks
Engine fire problem may continue unnoticed and undiagnosed and lead to significance methane and hydrocarbon (HC) emissions. Cooper offers two upgrades or solutions for engine misfire detection.
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Emissions Reduction
The lowering of greenhouse gas emissions is one of the most visible and talked about aspects of environmental protection. Over the last few decades, governments around the world have steadily lowered emissions thresholds, and we have responded with excellent solutions.
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