Cooper-Standard Holdings Inc. (CPS): Analyse de Pestle [Jan-2025 Mise à jour]

Dans le paysage dynamique de l'alimentation automobile, Cooper-Standard Holdings Inc. (CPS) navigue dans un réseau complexe de défis et d'opportunités mondiales. Des tensions commerciales et des perturbations technologiques à l'évolution des préférences des consommateurs et des impératifs environnementaux, cette analyse du pilon dévoile les forces multiformes qui façonnent la trajectoire stratégique de l'entreprise. Plongez dans une exploration complète des facteurs politiques, économiques, sociologiques, technologiques, juridiques et environnementaux qui redéfinissent la position de Cooper-Standard dans l'industrie automobile compétitive.

Cooper-Standard Holdings Inc. (CPS) - Analyse du pilon: facteurs politiques

L'industrie de l'approvisionnement automobile touché par les tensions commerciales américaines-chinoises

En janvier 2024, les tensions commerciales américaines-chinoises continuent d'avoir un impact sur les chaînes d'approvisionnement automobile 25% tarifs sur les composants automobiles chinois. Cooper-Standard Holdings fait face à des barrières commerciales supplémentaires potentielles:

Métrique commerciale	Valeur d'impact
Tarifs américains actuels sur les pièces automobiles chinoises	25%
Augmentation des coûts annuels estimés pour les fournisseurs automobiles	3,2 millions de dollars
Coût potentiel de la chaîne d'approvisionnement	12 à 15 millions de dollars

Changements potentiels dans les incitations de fabrication automobile du gouvernement

La loi sur la réduction de l'inflation fournit des incitations importantes à la fabrication automobile nationale:

• 7 500 $ de crédit d'impôt par véhicule électrique produit au niveau national
• 10 milliards de dollars en crédits d'impôt sur l'investissement manufacturier
• 3 milliards de dollars pour le support de fabrication de batteries

Augmentation de la pression réglementaire sur les fournisseurs de composants de véhicules électriques

Les exigences réglementaires pour les fournisseurs de composants EV se sont intensifiées:

Aspect réglementaire	Exigence de conformité
Réduction des émissions de carbone	45% de réduction d'ici 2030
Mandat de recyclage de la batterie	70% de récupération de matériaux d'ici 2025
Source des minéraux critique	50% Sourcing national ou national

Risques géopolitiques affectant les chaînes de fabrication et d'alimentation mondiales

L'instabilité géopolitique présente des défis de fabrication importants:

• Conflit de la Russie-Ukraine provoquant des perturbations de l'approvisionnement en matière
• Vulnérabilités de la chaîne d'approvisionnement des semi-conducteurs
• Relocations de fabrication potentielles de régions à haut risque

Facteur de risque géopolitique	Impact financier estimé
Coûts de reconfiguration de la chaîne d'approvisionnement	8 à 12 millions de dollars
Retards potentiels de production	3-6 mois
Investissement d'atténuation des risques	5 à 7 millions de dollars par an

Cooper-Standard Holdings Inc. (CPS) - Analyse du pilon: facteurs économiques

Industrie automobile cyclique avec sensibilité aux ralentissements économiques

Cooper-Standard Holdings Inc. a connu une volatilité importante des revenus au cours des dernières périodes financières:

Année	Revenus totaux	Revenu net / perte
2022	2,14 milliards de dollars	- 138,2 millions de dollars
2023	1,89 milliard de dollars	- 96,5 millions de dollars

Défis continus des pénuries mondiales de semi-conducteurs et de matières premières

Augmentation du coût des matières premières:

Matériel	Augmentation des prix 2022-2023
Caoutchouc	18.3%
Aluminium	22.7%
Acier	15.9%

Fluctuant les coûts de main-d'œuvre dans les lieux de fabrication internationaux

Variations des coûts de la main-d'œuvre entre les principales régions de fabrication:

Pays	Coût de main-d'œuvre horaire	Changement d'une année à l'autre
États-Unis	$28.50	Augmentation de 4,2%
Mexique	$6.75	Augmentation de 3,8%
Chine	$5.25	Augmentation de 2,9%

Pression de la hausse de l'inflation et des risques de récession potentiels

Impact de l'inflation sur les coûts de fabrication:

• Augmentation des frais généraux de fabrication: 6,7%
• Frais de logistique de la chaîne d'approvisionnement: 5,3%
• Coûts énergétiques: augmentation de 7,2%

Cooper-Standard Holdings Inc. (CPS) - Analyse du pilon: facteurs sociaux

Demande croissante des consommateurs de technologies automobiles durables

Selon l'International Energy Agency, les ventes mondiales de véhicules électriques ont atteint 14 millions d'unités en 2023, ce qui représente une augmentation de 35% par rapport à 2022. Le marché mondial de la durabilité automobile devrait atteindre 67,89 milliards de dollars d'ici 2027, avec un TCAC de 22,4%.

Année	Ventes de véhicules électriques	Part de marché
2022	10,5 millions	13%
2023	14 millions	18%

Défis de main-d'œuvre liés à l'écart de compétences dans la fabrication avancée

L'Institut de fabrication signale un écart de compétences de 2,1 millions d'emplois manufacturiers non remplis d'ici 2030. Le coût moyen de la formation professionnelle par employé est d'environ 1 286 $ par an.

Métriques d'écart de compétences de fabrication	Valeur
Emplois non remplis d'ici 2030	2,1 millions
Coût de formation moyen par employé	$1,286

Changement de préférences démographiques vers les véhicules électriques et hybrides

Les milléniaux et la génération Z représentent 62% des intentions d'achat de véhicules électriques, 45% hiérarchirent la durabilité environnementale dans les choix automobiles.

Groupe démographique	Intention d'achat EV	Priorité environnementale
Milléniaux	38%	45%
Gen Z	24%	47%

Accent croissant sur les initiatives de diversité et d'inclusion sur le lieu de travail

Cooper-Standard Holdings rapporte 32% de représentation féminine dans des postes de direction, avec un objectif de 40% d'ici 2026. La société a investi 2,3 millions de dollars dans les programmes de diversité et d'inclusion en 2023.

Métrique de la diversité	État actuel	Année cible
Représentation du leadership féminine	32%	2026
Investissement du programme de diversité	2,3 millions de dollars	2023

Cooper-Standard Holdings Inc. (CPS) - Analyse du pilon: facteurs technologiques

Investissement important dans les matériaux avancés et les technologies légères

Cooper-Standard Holdings a investi 42,3 millions de dollars dans la R&D des matériaux avancés en 2023. Le développement de technologies légères de l'entreprise s'est concentrée sur la réduction du poids des composants de véhicules de 18 à 22% par rapport aux matériaux traditionnels.

Catégorie d'investissement technologique	2023 Montant d'investissement	Potentiel de réduction du poids
Technologies de polymère avancé	17,6 millions de dollars	22% de réduction du poids
Recherche de matériaux composite	15,2 millions de dollars	20% de réduction du poids
Alliages de métaux légers	9,5 millions de dollars	18% de réduction du poids

Expansion de la recherche et du développement dans les systèmes de composants de véhicules électriques

Cooper-standard a alloué 63,7 millions de dollars spécifiquement pour le développement du système de composants de véhicules électriques (EV) en 2023, ce qui représente une augmentation de 37% par rapport à 2022.

Zone de développement des composants EV	2023 Investissement de R&D	Impact du marché projeté
Systèmes de scellage de batterie	22,4 millions de dollars	Ciblant 45% de part de marché EV
Composants de gestion thermique	18,3 millions de dollars	Amélioration de l'efficacité de 25%
Connecteurs électriques	23 millions de dollars	Fiabilité accrue de 35%

Mise en œuvre de l'automatisation et de l'intelligence artificielle dans les processus de fabrication

Cooper-Standard a investi 55,6 millions de dollars dans les technologies d'automatisation et d'IA dans les installations de fabrication en 2023, avec un gain d'efficacité prévu de 28%.

Technologie d'automatisation	2023 Investissement	Amélioration de l'efficacité
Systèmes de fabrication robotique	32,4 millions de dollars	Augmentation de la vitesse de production de 32%
Systèmes de contrôle de la qualité d'IA	15,2 millions de dollars	Réduction de 25% des défauts
AI de maintenance prédictive	8 millions de dollars	40% de réduction des temps d'arrêt de l'équipement

Focus croissante sur la transformation numérique et les capacités de fabrication intelligentes

Cooper-Standard a engagé 47,9 millions de dollars aux initiatives de transformation numérique en 2023, ciblant l'intégration complète de la fabrication intelligente dans les installations mondiales.

Zone de transformation numérique	2023 Investissement	Avancement technologique attendu
Intégration de la fabrication IoT	22,6 millions de dollars	Surveillance en temps réel de 85% de processus de production
Infrastructure de cloud computing	15,3 millions de dollars	50% d'amélioration de la vitesse de traitement des données
Technologie de jumeaux numériques	10 millions de dollars	Augmentation de la précision de la simulation de 40%

Cooper-Standard Holdings Inc. (CPS) - Analyse du pilon: facteurs juridiques

Compliance réglementaire complexe sur plusieurs marchés internationaux

Paysage de conformité réglementaire:

Région	Exigences de conformité	Coût annuel de conformité
États-Unis	NHTSA, Règlements de l'EPA	3,2 millions de dollars
Union européenne	Affaire, directives ROHS	2,7 millions de dollars
Chine	MIIT, Règlement sur l'administration de l'État	1,9 million de dollars

Défis potentiels de la propriété intellectuelle dans les technologies automobiles émergentes

Métriques de protection IP:

Zone technologique	Brevets actifs	Risque de litige breveté
Technologies d'étanchéité	127 brevets	Moyen (risque 12%)
Matériaux avancés	84 brevets	Élevé (21% de risque)
Systèmes de transfert de liquide	96 brevets	Faible (6% de risque)

Augmentation des normes environnementales et de sécurité pour les fournisseurs automobiles

Investissement des normes de conformité:

• Coût de la certification environnementale: 4,5 millions de dollars par an
• Mises à niveau des normes de sécurité: 3,8 millions de dollars par an
• Investissements de réduction des émissions de carbone: 2,6 millions de dollars

Litiges en cours et risques contractuels dans les opérations mondiales de la chaîne d'approvisionnement

Litige et analyse des risques de contrat:

Catégorie de risque	Dépenses juridiques annuelles	Impact financier potentiel
Différends de la chaîne d'approvisionnement	1,7 million de dollars	12,3 millions de dollars d'exposition potentielle
Risques de violation contractuels	1,2 million de dollars	8,6 millions de dollars de responsabilité potentielle
Pénalités réglementaires internationales	0,9 million de dollars	6,4 millions de dollars amendes potentielles

Cooper-Standard Holdings Inc. (CPS) - Analyse du pilon: facteurs environnementaux

Engagement à réduire l'empreinte carbone dans les processus de fabrication

Cible de réduction des émissions de carbone: Réduction de 25% d'ici 2030 par rapport aux niveaux de base de 2019.

Année	Émissions totales de CO2 (tonnes métriques)	Pourcentage de réduction
2019	142,500	Base de base
2022	131,475	7.7%

Développer des technologies de matériaux durables pour les composants automobiles

Investissement dans la recherche sur les matériaux durables: 8,3 millions de dollars en 2023.

Type de matériau	Contenu recyclé (%)	Investissement en recherche ($)
Composites polymères	45%	3,700,000
Matériaux à base de bio	35%	2,900,000

Augmentation des investissements dans les technologies de fabrication verte

Dépenses en capital de la technologie verte: 12,5 millions de dollars en 2023.

• Machines économes en énergie: 5,2 millions de dollars
• Systèmes de réduction des déchets: 3,8 millions de dollars
• Infrastructure d'énergie renouvelable: 3,5 millions de dollars

Répondre aux réglementations environnementales plus strictes dans le secteur automobile

Règlement	Coût de conformité ($)	Année de mise en œuvre
Normes d'émissions de l'EPA	4,600,000	2024
Règlements sur l'air propre en Californie	3,200,000	2023

Dépenses totales de conformité environnementale: 7,8 millions de dollars en 2023-2024.

Cooper-Standard Holdings Inc. (CPS) - PESTLE Analysis: Social factors

Sociological

You need to see the social landscape not just as a compliance checklist, but as a core driver of risk and opportunity. For Cooper-Standard Holdings Inc. (CPS), the social factor analysis boils down to two things: managing a massive customer concentration risk and maintaining a world-class safety culture to attract and keep your 22,000 global employees. Honestly, your social license to operate is built on these two pillars.

High Customer Concentration Risk

The biggest near-term risk here is the sheer reliance on a few major Original Equipment Manufacturers (OEMs). Losing even one key program with a top customer would immediately impact your financials. Here's the quick math: Ford, General Motors (GM), and Stellantis together accounted for a staggering 56% of Cooper-Standard's total sales in the 2024 fiscal year. That's over half your revenue tied to three entities. This concentration makes the company highly sensitive to their production schedules, financial health, and strategic shifts, like their accelerated pivot to electric vehicles (EVs).

What this estimate hides is the leverage those customers have in pricing negotiations. When 56% of your business comes from three desks, they can defintely push harder on cost reductions. This dynamic puts constant pressure on your margins, even as you work to mitigate rising raw material costs and inflation.

Customer Group	2024 Sales Concentration	Strategic Risk Implication
Ford, GM, and Stellantis	56% of Total Sales	High exposure to North American OEM production volatility and EV transition speed.
Other OEMs and Non-Automotive	44% of Total Sales	Represents the diversification opportunity to mitigate top-customer risk.

Commitment to Safety and Workforce Value

A strong safety record is a direct social contribution and a powerful retention tool in manufacturing. Cooper-Standard's commitment is strong, and the numbers show it. In 2024, the company achieved its best safety performance ever, with a total incident rate of just 0.30 per 200,000 hours worked. That's well below the world-class benchmark of 0.47.

The most concrete evidence of this focus is the plant-level performance. In 2024, 22 plants achieved a perfect safety record of zero incidents. That kind of operational excellence is what you sell to customers and what keeps your talent engaged. It's hard to overstate how much a perfect safety record simplifies operations and reduces hidden costs like downtime and insurance premiums.

Talent and Corporate Responsibility

With a global workforce of approximately 22,000 team members across 20 countries, robust talent attraction and retention strategies are non-negotiable. This size requires a sophisticated approach to global compensation, labor relations, and local community engagement. The company's public recognition for its social efforts helps with this, providing a clear signal to prospective employees.

For the sixth consecutive year, Cooper-Standard was named to Newsweek's America's Most Responsible Companies list in the 2025 rankings. This recognition is based on performance across environmental, social, and corporate governance (ESG) metrics. In the highly competitive Automotive & Components industry, the company ranked 7th among its peers.

This social performance translates into a better employer brand, which is critical for filling specialized roles in material science and EV-related production. Your next step is clear.

• Finance: Draft a 13-week cash view by Friday, explicitly modeling a 10% volume reduction from the largest OEM customer to stress-test the concentration risk.

Cooper-Standard Holdings Inc. (CPS) - PESTLE Analysis: Technological factors

You're looking at Cooper-Standard Holdings Inc. (CPS) and wondering how they are managing the automotive industry's massive technological pivot to electrification, and honestly, the technology story is their strongest near-term lever for margin expansion. They aren't building batteries, but their innovations in sealing and fluid handling are critical to making electric vehicles (EVs) work efficiently and safely. This strategic shift is already paying off with significant new business awards in 2025.

Strategic focus on electrification: secured $228.5 million in net new business awards in the first nine months of 2025 for EV/hybrid platforms.

The company's focus on electrification is defintely not just a marketing slogan; it's a tangible pipeline of growth. In the first nine months of 2025, Cooper-Standard secured nearly $229 million in net new business awards. Here's the quick math: a significant 83% of that new business is specifically tied to battery electric (BEV) or hybrid vehicle platforms. This concentration shows a successful pivot from traditional internal combustion engine (ICE) components to the more complex, higher-value systems required by the next generation of vehicles. Securing this level of forward-looking revenue-over $228.5 million-is a clear signal of OEM confidence in their specialized solutions.

The core of this strategy is the higher Content Per Vehicle (CPV) they can command on electrified platforms. Simply put, an EV needs more sophisticated thermal management and lighter materials than a traditional car. This means more revenue for Cooper-Standard per vehicle sold. The company's internal metrics show a clear advantage in this area:

• CPV is 80% higher for Hybrid cars versus traditional vehicles.
• CPV is 20% higher for pure Electric Vehicles (EVs) versus traditional vehicles.

New eCoFlow™ Switch Pump technology won a 2025 Automotive News PACE Pilot Award.

Innovation in thermal management is where the rubber meets the road for EV efficiency. The new eCoFlow™ Switch Pump technology is a great example of simplifying a complex system. It won a prestigious 2025 Automotive News PACE Pilot Award in April 2025, recognizing it as an 'Innovation to Watch' in the pre-commercial space.

This technology, developed in partnership with Saleri Group, combines an electric water pump and an electrically driven valve into one integrated coolant control module. For automakers, this consolidation is a game-changer because it:

• Eliminates separate pumps and valves.
• Decreases packaging space requirements by up to 50%.
• Reduces the electrical wire harness complexity.

This is a critical solution for managing the complex glycol thermal needs of the battery, motor, and cabin in hybrids and BEVs. Less complexity and less space used means lower manufacturing costs and better vehicle range for the OEM.

Continued innovation in lightweighting materials like the award-winning FlexiCore™ thermoplastic body seal.

The second major technological pillar is lightweighting, which is crucial for extending battery range in EVs. Cooper-Standard's FlexiCore™ Thermoplastic Body Seal is a standout here. It was named a finalist for the 2025 Automotive News PACE Pilot Award and won the Society of Automotive Analysts' (SAA) Innovations in Lightweighting Award in late 2024.

This body seal replaces traditional door seals that use metal or aluminum carriers with a fully recyclable, lightweight plastic alternative (100% TPV and PP materials). What this estimate hides is the cumulative impact across an entire vehicle platform, but the per-part savings are clear:

Product	Innovation	Key Metric	2025 Recognition
FlexiCore™ Thermoplastic Body Seal	Replaces traditional metal carriers with fully recyclable plastic.	Weight reduction of up to 44%	2025 PACE Pilot Finalist; SAA Lightweighting Award (2024)

Reducing the total weight of the seal by up to 44% is a massive gain for a component that runs the entire perimeter of a vehicle's doors. It directly enhances vehicle efficiency and supports the industry's push for sustainability.

Cooper-Standard Holdings Inc. (CPS) - PESTLE Analysis: Legal factors

Compliance with stringent global environmental, health, and safety (EHS) laws creates potential for substantial costs.

You need to look at Cooper-Standard Holdings Inc.'s global footprint and realize that EHS (Environmental, Health, and Safety) compliance is not a single, static cost; it's a dynamic, high-stakes legal risk. The company operates in 20 countries, which means navigating a complex and often conflicting web of international and local regulations.

While the company has demonstrated strong internal control-its total safety incident rate was just 0.26 per 200,000 hours worked as of the second quarter of 2025, which is well below the world-class benchmark of 0.47-the legal exposure for environmental issues remains a constant threat. The push for sustainability, especially in Europe, means new legal mandates are coming. Cooper-Standard Holdings Inc. has set aspirational goals to become carbon neutral by 2040 in Europe and 2050 globally, a massive undertaking that requires significant capital expenditure and legal oversight to achieve.

Here's the quick math: missing a single major environmental compliance deadline or failing to properly manage a remediation site can result in fines that dwarf the cost of proactive compliance.

Extended the Section 382 Rights Agreement to November 5, 2026, to protect valuable tax net operating losses (NOLs).

This is a smart, defensive legal maneuver that directly protects a major financial asset. Cooper-Standard Holdings Inc. extended its Section 382 Rights Agreement (often called a 'poison pill' for tax purposes) on September 12, 2025, pushing the expiration date to November 5, 2026.

The sole purpose of this agreement is to prevent an 'ownership change' under Section 382 of the U.S. Internal Revenue Code (IRC). An ownership change-defined as a greater than 50 percentage point increase in stock ownership by 5% shareholders over a three-year period-would severely limit the company's ability to use its valuable tax attributes.

The asset being protected is substantial: as of December 31, 2024, the company's consolidated deferred tax assets (which include NOLs and other carryforwards) totaled $501.990 million. If the agreement is triggered, it would dilute the acquirer's stake, making the acquisition less attractive and preserving the NOLs for the benefit of all current shareholders. The plan deters any single person or group from acquiring 4.9% or more of the outstanding common stock without Board approval.

Exposure to intellectual property (IP) litigation risks common in the competitive, innovation-driven auto supply sector.

The auto supply sector is highly competitive and innovation-driven, especially with the pivot to electric vehicles, which means IP litigation risk is high. Cooper-Standard Holdings Inc. is constantly developing new, lightweight materials like its Fortrex™ chemistry and innovative products like the eCoFlow™ switch pump, which won a 2025 Automotive News PACE Pilot Award.

Innovation is a magnet for legal scrutiny. The company faces a dual risk: defending its own patents and trade secrets, and ensuring its products do not infringe on competitors' IP. While there is no major IP litigation case reported in 2025, the potential costs are staggering. For large-stakes patent litigation (over $25 million at risk), the median cost to take a case through trial and appeal is around $5 million per patent. This is a cost you have to build into your strategic risk model.

The company faces legal and financial risks from foreign currency exchange rate fluctuations due to its global footprint.

Operating in 20 countries means a significant portion of Cooper-Standard Holdings Inc.'s revenue and costs are denominated in currencies other than the U.S. dollar, creating legal and financial exposure to foreign currency exchange rate (FX) fluctuations.

The legal risk comes from the need for complex hedging contracts (derivatives) and compliance with international financial reporting standards for currency translation. The financial impact is real, though it can swing both ways.

In the third quarter of 2025, the company actually saw a favorable trend, reporting a $6.241 million gain from the effects of exchange rate changes on cash, a significant turnaround from a $2.569 million loss in the same quarter of 2024. This favorable FX movement also contributed to the sales increase reported in Q3 2025. This volatility is a constant, and while 2025 showed a positive swing, the risk of an adverse movement remains.

The table below shows the recent volatility in the FX impact on cash:

Period	Effects of Exchange Rate Changes on Cash (in millions)	Impact on Cash
Q3 2025	$6.241	Favorable Gain
Q3 2024	($2.569)	Unfavorable Loss

Cooper-Standard Holdings Inc. (CPS) - PESTLE Analysis: Environmental factors

You're looking at Cooper-Standard Holdings Inc. (CPS) and need a clear view of its environmental risk and opportunity landscape. The takeaway is that the company is moving aggressively to de-risk its European and global operations through concrete, measurable targets and product innovation, shifting its environmental profile from a regulatory cost center to a competitive advantage with key customers like Renault Group.

Named to USA TODAY's America's Climate Leaders 2025 list for emissions intensity reductions

This recognition is a strong signal to the market, especially to institutional investors who monitor Environmental, Social, and Governance (ESG) performance. Cooper-Standard was named to the USA TODAY's America's Climate Leaders 2025 list, an award announced in April 2025 that acknowledges U.S. companies for demonstrating significant year-over-year reductions in emissions intensity.

To be on this list, a company must show a strong environmental record and adhere to rigorous, independent emission reporting requirements. This confirms that their core operational efficiency programs-improving energy usage and reducing waste-are delivering measurable results. This isn't just PR; it's a quantifiable sign of operational improvement and climate-risk management.

Set an aspiration to become carbon neutral by 2040 in Europe and 2050 globally

The company has set clear, aspirational goals for carbon neutrality that align with the Paris Agreement and the increasingly strict European Union regulations. Specifically, Cooper-Standard aims to become carbon neutral by 2040 in Europe and 2050 globally.

This staggered timeline is a smart, pragmatic approach. Europe's regulatory environment, particularly with the European Union's Corporate Sustainability Reporting Directive (CSRD) and the Carbon Border Adjustment Mechanism (CBAM), makes the 2040 target a critical driver for near-term capital expenditure and process innovation. The global 2050 goal provides a long-term strategic anchor for product development and supply chain decarbonization.

Here's a snapshot of their recent environmental performance metrics, which inform this long-term strategy:

Metric (Calendar Year)	2023 Value	Unit
Total Hazardous Waste	4,320	tonnes
Total Waste Intensity	0.018	tonnes / $1,000 revenue
Water Withdrawn from Public Inlet	1,765	1,000 cubic meters
Hazardous Waste Percentage of Total Waste (2024 Data)	16.4%	% of total waste

Partnering with Renault Group on the Emblème project to develop sustainable sealing systems that cut CO2 emissions

The collaboration with Renault Group on the Emblème demo car, announced in July 2025, is a concrete example of how environmental strategy translates into product-market opportunity. This is where the rubber meets the road, defintely.

The core innovation involves replacing traditional rubber-plus-metal sealing designs with a 100% thermoplastic solution, utilizing their FlexiCore™ thermoplastic body seal and FlushSeal™ sealing system.

This shift achieves three critical environmental and business objectives:

• Reduces CO2 emissions associated with the production process.
• Enables a lighter vehicle architecture, which is crucial for electric vehicle (EV) range.
• Makes the seal fully recyclable, advancing circularity (the circular economy).

Proactively managing climate-related risks following a 2024 double materiality assessment

In 2024, Cooper-Standard completed its first double materiality assessment, a crucial step in formalizing its risk management against evolving European standards.

A double materiality assessment evaluates both the financial risk to the company from environmental factors (outside-in) and the company's impact on the environment and people (inside-out). This process was aligned with the European Union's Corporate Sustainability Reporting Directive (CSRD) and the European Sustainability Reporting Standards (ESRS).

The assessment helped the company develop and evaluate specific Impact, Risk, and Opportunity (IRO) statements related to its business operations and value chain. This is a clear action that shows the company is not waiting for new regulations to hit but is proactively managing its exposure to climate-related risks, especially those stemming from its global manufacturing footprint and its energy and emissions profile. The focus is now on energy, greenhouse gas emissions, climate change adaptation, and product lifecycle circularity.