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Dorman Issues First Environmental, Social and Governance Report

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Dorman Products, Inc. (NASDAQ:DORM) has released its inaugural Environmental, Social, and Governance (ESG) Report, highlighting its commitment to responsible practices across four pillars: employees, products, the planet, and governance. The report was informed by an ESG materiality assessment and adheres to standards from the Global Reporting Initiative (GRI) and the Sustainability Accounting Standards Board (SASB). CEO Kevin Olsen expressed enthusiasm about the report, emphasizing its foundational role for future ESG initiatives. The full report is available on Dorman's Investor Relations portal.

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  • Release of first ESG Report demonstrates commitment to sustainability and responsible governance.
  • Alignment with GRI and SASB standards enhances credibility and stakeholder trust.
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COLMAR, Pa., April 07, 2022 (GLOBE NEWSWIRE) -- Dorman Products, Inc. (“Dorman”) (NASDAQ:DORM), a leading supplier in the automotive aftermarket industry, today published its first Environmental, Social and Governance (ESG) Report. The inaugural report outlines Dorman’s approach with respect to a responsible ESG framework across four key pillars: its employees, who Dorman refers to as Contributors; its products and customers; the planet; and corporate responsibility and governance. For this report, Dorman used the results of its first ESG materiality assessment and also referenced standards from the Global Reporting Initiative (GRI) and the Sustainability Accounting Standards Board (SASB) as a basis for identifying topics of relevance for the company and its stakeholders. Dorman’s inaugural ESG Report can be found on its Investor Relations portal at www.dormanproducts.com.

“We are pleased to release our first ESG Report, which highlights our ESG priorities and summarizes the foundation of the ESG program upon which we intend to build,” said Kevin Olsen, Dorman President and Chief Executive Officer. He added, “Our board of directors and senior leadership team believe our ESG program reflects who we are as a company, and we look forward to sharing our progress in the future.”

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About Dorman Products

Dorman gives repair professionals and vehicle owners greater freedom to fix cars and trucks. For over 100 years, we have been driving new solutions for the automotive aftermarket, releasing tens of thousands of replacement products engineered to save time and money, and increase convenience and reliability.

Founded and headquartered in the United States, we are a pioneering global organization offering an always-evolving catalog of parts, covering both light duty and heavy-duty vehicles, from chassis to body, from underhood to undercar, and from hardware to complex electronics. See our full offering and learn more at DormanProducts.com.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on current expectations that involve a number of known and unknown risks, uncertainties, and other factors (many of which are outside of our control) which may cause actual events to be materially different from those expressed or implied by such forward-looking statements. For additional information concerning factors that could cause actual results to differ materially from the information contained in this press release, please see Dorman’s prior press releases and filings with the U.S. Securities and Exchange Commission (“SEC”), including Dorman’s most recent annual report on Form 10-K and its subsequent SEC filings. Dorman is under no obligation to (and expressly disclaims any such obligation to) update any of the information in this press release if any forward-looking statement later turns out to be inaccurate whether as a result of new information, future events or otherwise.

Visit Dorman’s website at www.dormanproducts.com. The Investor Relations section of the website contains a significant amount of information about Dorman, including financial and other information for investors. Dorman encourages investors to visit its website to view new and updated information.


FAQ

What is the significance of Dorman's first ESG Report released in April 2022?

Dorman's first ESG Report outlines its commitment to environmental, social, and governance practices, marking a foundational step in its sustainability efforts.

What pillars does Dorman's ESG Report focus on?

The report focuses on four key pillars: employees, products, the planet, and corporate governance.

How does Dorman ensure the credibility of its ESG efforts?

Dorman's ESG Report adheres to standards from the Global Reporting Initiative (GRI) and the Sustainability Accounting Standards Board (SASB).

Where can I find Dorman's ESG Report?

The ESG Report is available on Dorman's Investor Relations portal at www.dormanproducts.com.

Who is the CEO of Dorman Products?

Kevin Olsen is the President and CEO of Dorman Products.

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