Global Fastener News

Howmet Aerospace released its 2021 Environmental, Social and Governance (ESG) Report. 

The report highlights the company’s “commitment and approach to sustainability, as well as detailed results against its key metrics, which are designed to drive significant positive impacts for its stakeholders and surrounding communities.” 

The report also highlights examples of Howmet’s key technologies and advanced products that help customers reduce their environmental impacts by lowering their fuel consumption and greenhouse gas (GHG) emissions.

“Howmet Aerospace is committed to improving our environmental footprint, creating a work environment where all employees can thrive, investing in the communities where we operate and maintaining good governance practices,” said CEO John Plant. “These values, which are specified in our Code of Conduct, form the basis of our ESG plans and are reflected in our daily work.”

The ESG report discusses the Company’s commitment to sustained action to GHG emissions with a new target to deliver a 21.5% reduction in GHG emissions by 2024, based on projected business volume. Howmet Aerospace has identified and funded 100 projects that will support this goal.

“We have also formed a team that is preparing comprehensive plans to further reduce our GHG emissions by 2030 – taking us closer to the 2050 goal of net zero,” Plant added. “We will communicate these 2030 targets as soon as we have confidence that they are achievable.”

The report was developed in accordance with the core option of the 2020 GRI Standards and standards from the Sustainability Accounting Standards Board (SASB). Read the report here.