Below is the information acquired on LKQ CORPORATION, which is not yet included in our research perimeter.

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Last update 31 March 2022

Description of economic activities

Wholesale trade of motor vehicle parts and accessories (NACE2 4531)

It is a provider of recycled light vehicle OEM (original equipment manufacturer) products and related services. The company also offers aftermarket collision replacement products and refurbished wheels. It was founded in February 1998 by former Waste Management executive Donald Flynn, who had left that firm when it was acquired by USA Waste Services, Inc.Based in Chicago, Illinois, USA, the company is the largest nationwide provider of recycled light vehicle OEM products and related services and the second largest nationwide provider of aftermarket collision replacement products and refurbished wheels. It operates over 100 facilities offering its customers a broad range of replacement systems, components, and parts to repair light vehicles. It serves tens of thousands of collision-repair businesses, mechanical service shops and vehicle dealerships throughout the United States.Its recycled OEM products include engines, transmissions, vehicle front end assemblies, doors, trunk lids, bumper assemblies, wheels, head and tail lamp assemblies, mirrors, fenders, and axles. Whenever the company acquires a mechanical item from a dismantled vehicle, it would first determine if the product is defective or not. After this process, the mechanical product is then sold in bulk to mechanical remanufacturers. In addition, wheel and lighting items collected are sent to the company's refurbishment locations.The majority of the mechanical products are transferred to the its core facility in Houston, Texas. These products include engine blocks and heads, transmissions, starters, alternators and air conditioner compressors. Furthermore, when the company procures aftermarket products and refurbishes wheels and lights, it focuses on products that are required by the insured repair market. LKQ's aftermarket products are head lamps, tail lamps, grilles, hoods and mirrors. The company also focuses on aftermarket and refurbished products that complement its recycled OEM product inventory.Its customers include collision and mechanical repair shops and, indirectly, insurance companies, including extended warranty companies. The company also sells its products to automobile dealerships and fleet management groups. In addition, it sells its products to individual retail customers at its self-service retail locations and at certain of its wholesale recycled OEM, aftermarket and refurbished product locations.It aims to be the acknowledged leader in the North American automobile salvage and recycling industry by meeting its customers' need for quality auto parts.
  • LKQ CORPORATION

  • United States of America (US)
  • Company type: Corporate
  • Parent company: N/A
  • Chief Executive Officer (CEO): Mr Joseph M. Holsten
  • CEO Total remuneration: 713.069,432
  • Website: www.lkqcorp.com

Financial data

Number of employees

46,000
44,000
51,000
51,000

Revenue 1

12
9
11
10

EBIT 1

1
857
831
799

EBITDA 1

2
1
1
1

1 numbers are in millions

  • RepRisk Indicator (last month):  N/A

Social dialog

  • Transnational Corporate Agreement (TCA): N/A
  • Global Framework Agreement (GFA): N/A
  • Societas Europaea (SE): N/A
  • Bangladesh Accord: N/A

European Works Councils

  • EWC: N/A

Standards and certifications

  • Global Compact: N/A
  • CDP (Carbon Disclosure Project): N/A
  • Modern Slavery Statement: N/A
  • Transparency Index: N/A
  • SA8000 Social Accountability: N/A
  • Integrated report: N/A
  • ISO26000: N/A
  • OECD Guidelines: N/A
  • Social Development Goals (SDGs): N/A

Global Reporting Initiative certification

  • Global Reporting Initiative standards: N/A
  • Global Reporting Initiative GRI G4: N/A

Other company declarations

  • Corporate Social Responsability:
    N/A
  • Accessibility: N/A

Other resources

Policies

  • Training policy: N/A
  • Policy to protect the right to health and safety in the workplaces where the company operates: N/A
  • Policy to protect the right to health and safety in the workplaces in the supply chain: N/A
  • Diversity policy: N/A

Universal declarations

Declarations and treaties recognised by the country where the company has its registered office

  • Universal Declaration of Human Rights:
  • European Convention on Human Rights (ECHR):
  • Charter of Fundamental Rights of CDFL Workers (Strasbourg Charter 1989):
  • Charter of Fundamental Rights of the European Union EU CFR (Nice Charter 2000):
  • Treaty on the Functioning of the European Union TFEU:
  • Registered office in an OECD country:
  • ILO C029 - Forced Labour Convention, 1930 (No. 29):
  • ILO C087 - Freedom of Association and Protection of the Right to Organise Convention, 1948 (No. 87):
  • ILO C098 - Right to Organise and Collective Bargaining Convention, 1949 (No. 98):
  • ILO C100 - Equal Remuneration Convention, 1951 (No. 100):
  • ILO C105 - Abolition of Forced Labour Convention, 1957 (No. 105):
  • ILO C111 - Discrimination (Employment and Occupation) Convention, 1958 (No. 111):
  • ILO C138 - Minimum Age Convention, 1973 (No. 138):
  • ILO C182 - Worst Forms of Child Labour Convention, 1999 (No. 182):

Directives applied in the company offices in EU 27

  • D. 80/987/EEC: N/A
  • D. 89/391/EEC: N/A
  • D. 98/59/EC: N/A
  • D. 2000/43/EC: N/A
  • D. 2000/78/EC: N/A
  • D. 2001/23/EC: N/A
  • Council D. 2001/86/EC: N/A
  • D. 2002/14/EC: N/A
  • D. 2002/73/EC: N/A
  • Council D. 2003/72/EC: N/A
  • EP and Council D. 2005/56/EC: N/A
  • D. 2009/38/EC: N/A
  • D. 2004/25/EC: N/A
  • D. 2011/35/EU: N/A

Presence in main rankings

  • Global 100 Most Sustainable Corporations: N/A
  • Global CSR Rep Trak 100: N/A
  • BrandZ Top 100 Most Valuable US Brands: N/A
  • The Worlds Best Multinational Workplaces: N/A
  • The Gartner Supply Chain Top 25: N/A
  • The Worlds Most Innovative Companies: N/A
  • The Diversity Inc Top 50 Companies: N/A
  • Best Global Websites: N/A
  • Green Ranking Global Top 500: N/A
  • Green Ranking Global Top 100: N/A

Reference trade unions