Climate Change Data

Haynes International, Inc.

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Waste Generated:[object Object]

ESG Focus Areas

  • Energy Conservation
  • Waste Reduction
  • Water Conservation
  • Safety
  • Ethical Business Practices
  • Community Engagement
  • Climate Change

Environmental Achievements

  • 8.9% electricity intensity improvement compared to FY18
  • 10.9% natural gas intensity improvement compared to FY18
  • 90.3% of byproducts reused on-site or sent off-site for recycling/reclamation in 2022
  • 92.7% recycling rate in 2023
  • Approximately $1.5 million in annual energy cost savings
  • Installation of 1MW solar farm in North Carolina, 300kW in Louisiana, and 249kW in Manchester, UK

Social Achievements

  • 48% decrease in OSHA recordable injury rate since 2016
  • 10-year SHARP award for wire facility
  • Active safety committees and training programs across facilities
  • Platinum sponsorship of Haynes Apperson Festival
  • Significant employee contributions to United Way

Governance Achievements

  • Board of Directors oversees ESG and climate-related risks and opportunities
  • Policies in place governing social and ethical issues (Code of Business Conduct, Anti-Harassment, Human Rights, etc.)
  • EthicsPoint Whistleblower Policy

Climate Goals & Targets

Long-term Goals:
  • Carbon neutral by 2050
Short-term Goals:
  • Reduce energy intensity by 2.5% annually

Environmental Challenges

  • Current and emerging environmental regulations
  • Acute and chronic physical climate risks (hurricanes, floods, climate pattern shifts)
  • Water stress and scarcity
Mitigation Strategies
  • Enterprise Risk Management Team and Sustainability Steering Committee focused on solutions and accountability
  • Contingency plans for acute physical risks
  • Monitoring water usage and implementing conservation measures (saving 115,000 gallons/day)
  • Investing in renewable energy and energy efficiency projects

Supply Chain Management

Responsible Procurement
  • Supplier Code of Conduct Policy

Climate-Related Risks & Opportunities

Physical Risks
  • Hurricanes
  • Floods
  • Long-term climate pattern shifts
Transition Risks
  • Changes in environmental regulations
Opportunities
  • Downstream user sustainability improvements
  • New technology and infrastructure improvements

Awards & Recognition

  • 10-year SHARP award for wire facility