AAR launches 2023 ESG Summary Report
08 Novembro 2023 - 7:15PM
AAR CORP. (NYSE: AIR), a leading provider of aviation services to
commercial and government operators, MROs, and OEMs, launched its
2023 ESG Summary Report, demonstrating the Company’s continued
efforts to focus on the environment, drive social responsibility,
and govern with integrity.AAR began publishing ESG reports in 2021
to share insight into its current initiatives and their alignment
with the Company’s values, along with opportunities identified for
future improvement.New to the 2023 report is an ESG commitments
statement and overview of ESG governance enhancements. This year,
the Company also shared on the ESG page of its website its most
recent EEO-1 report that provides demographics of the U.S-based
segment of AAR’s workforce and continued to disclose data under
GRI, SASB, and TCFD frameworks.“Our 2023 ESG Summary Report
demonstrates AAR’s commitment to positively shaping our impact on
the environment, communities, and the industry,” said John M.
Holmes, AAR’s Chairman, President and CEO. “I’m proud of our
efforts to build on successes and create an even brighter future –
together.”
Highlights from AAR’s 2023 ESG Summary Report include the
Company’s successful efforts to:
- Install drag reduction kits on five commercial aircraft with
the intent to reduce fuel consumption and carbon emissions
- Grow its leadership team with the addition of a Chief Human
Resources Officer to lead its people strategy globally
- Expand its Fellowship Program that provides tuition assistance
and employment opportunities as part of AAR’s commitment to growing
the aviation workforce pipeline
- Prioritize diversity and inclusion, with the Company earning
Newsweek recognition as one of America’s Greatest Workplaces for
Diversity 2023
- Reduce its rate of recordable injuries; no employees sustained
major injuries during FY2023
- Advance data privacy by creating and filling a new role to
oversee the continued protection of the personal information the
Company holds
- Strengthen its Supplier Code of Conduct and plan a “Speak Up”
campaign to increase awareness of compliance practices
AAR’s complete 2023 ESG Summary Report is available on the
ESG page of its website
at aarcorp.com/en/about/environmental-social-and-governance-esg/.
About AARAAR is a global aerospace and defense
aftermarket solutions company with operations in over 20 countries.
Headquartered in the Chicago area, AAR supports commercial and
government customers through four operating segments: Parts Supply,
Repair & Engineering, Integrated Solutions, and Expeditionary
Services. Additional information can be found at aarcorp.com.
This press release contains certain statements relating to
future results, which are forward-looking statements as that term
is defined in the Private Securities Litigation Reform Act of 1995,
which reflect management’s expectations about future conditions,
including continued focus on ESG initiatives. Forward-looking
statements may also be identified because they contain words such
as ‘‘anticipate,’’ ‘‘believe,’’ ‘‘continue,’’ ‘‘could,’’
‘‘estimate,’’ ‘‘expect,’’ ‘‘intend,’’ ‘‘likely,’’ ‘‘may,’’
‘‘might,’’ ‘‘plan,’’ ‘‘potential,’’ ‘‘predict,’’ ‘‘project,’’
‘‘seek,’’ ‘‘should,’’ ‘‘target,’’ ‘‘will,’’ ‘‘would,’’ or similar
expressions and the negatives of those terms. These forward-looking
statements are based on beliefs of Company management, as well as
assumptions and estimates based on information currently available
to the Company, and are subject to certain risks and uncertainties
that could cause actual results to differ materially from
historical results or those anticipated. For a discussion of these
and other risks and uncertainties, refer to “Risk Factors” in our
most recent Annual Report on Form 10-K and subsequent Quarterly
Reports on Form 10-Q. Should one or more of these risks or
uncertainties materialize adversely, or should underlying
assumptions or estimates prove incorrect, actual results may vary
materially from those described. These events and uncertainties are
difficult or impossible to predict accurately and many are beyond
the Company’s control. The Company assumes no obligation to update
any forward-looking statements to reflect events or circumstances
after the date of such statements or to reflect the occurrence of
anticipated or unanticipated events. |
- 2023 ESG Summary Report cover
Media Team
AAR CORP.
+1-630-227-5100
Editor@aarcorp.com
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