Standard Motor Products, Inc. Named One of America's Most Responsible Companies for Second Consecutive Year
Rhea-AI Summary
Standard Motor Products (NYSE: SMP) has been named one of America's Most Responsible Companies 2025 by Newsweek and Statista, marking its second consecutive year on the list. The company stands among just 21 companies recognized in the automotive and components sector.
The recognition is based on two key metrics: analysis of over 30 key performance indicators (KPIs) among the top 2,000 US public companies by revenue, and a public survey of 26,000 U.S. residents evaluating corporate social responsibility (CSR) performance in environmental, social, and corporate governance dimensions.
Eric Sills, Chairman and CEO, emphasized SMP's commitment to responsible corporate citizenship, focusing on employees, customers, and communities, viewing sustainable business practices as important for creating long-term stakeholder value.
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News Market Reaction – SMP
On the day this news was published, SMP gained 0.21%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Each year since 2020, Newsweek partners with global research and data firm Statista to rank and compile the list of America's Most Responsible Companies based on two metrics. First, over 30 key performance indicators (KPIs) were researched for the top 2,000 US public companies by revenue. The second is a public survey, which is used to evaluate the companies' corporate social responsibility (CSR) reputation. For this analysis, 26,000
"At its core, SMP is devoted to being a responsible corporate citizen with commitments to our employees, our customers, and the communities in which we operate," said Eric Sills, Chairman and CEO of SMP. "These values are fundamental to our success. We believe that our key initiatives, and the integration of a sustainable approach to our business creates long-term value for all of our stakeholders."
The complete list can be viewed on Newsweek's site here.
About SMP
With over 100 years in business, Standard Motor Products, Inc. is a leading independent manufacturer and distributor of premium replacement parts in the automotive aftermarket and a custom-engineered solutions provider to vehicle and equipment manufacturers in diverse non-aftermarket end markets. SMP sells its products primarily to retailers, warehouse distributors, original equipment manufacturers and original equipment service part operations in
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SOURCE Standard Motor Products, Inc.