Climate Change Data

Environmental Metrics

ESG Focus Areas

• Our Communities and Charitable Giving
• The Environment
• Our People
• Ethics and Compliance

Environmental Achievements

• Completed more than 150 sustainability projects, saving $2.6 million and reducing greenhouse gas emissions by 7,700 metric tons, landfill disposal by 800,000 pounds, and water use by 40 million gallons.

Social Achievements

• Implemented a parental leave policy for non-bargained salaried and hourly U.S.-based employees.
• Offered a wide range of well-being services for employees and their families.
• Reimbursed $7.9 million to employees via the Education Assistance Program.
• More than 100,000 online professional and technical development courses completed by employees.

Governance Achievements

• Annual risk-based Ethics and Compliance Action Plans implemented across business units.
• 99% of responding employees agreed that Textron expects them to conduct business with high ethical standards and in compliance with all applicable laws and regulations (based on 2018 survey).

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Greenhouse Gas Protocols of the World Business Council for Sustainable Development and the World Resource Institute, ISO 14064-3

Certifications: ISO 14001 and OHSAS 18001 (Kautex facilities)

Third-party Assurance: ANSI-accredited independent third party

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• 2020 Women on Boards Winning “W” Company
• Forbes’ America’s Best Employers for Women (rank 179th)

Environmental Metrics

ESG Focus Areas

• Safety
• Health
• Sustainability
• Resiliency
• Diversity, Inclusion & Belonging
• Ethics & Compliance
• Charitable Giving

Environmental Achievements

• Reduced greenhouse gas emission intensity by 20%
• Reduced energy use intensity by 10%
• Reduced water use intensity by 10%
• Reduced waste generation intensity by 10%
• Completed 145 sustainability projects saving over $2 million and reducing GHG emissions by over 5,500 metric tons
• Textron Aviation offset carbon emissions with wind energy, avoiding approximately 100,000 metric tons of GHG emissions annually
• Textron Aviation's service center reduced energy consumption by 30% with LED lighting
• Kautex reduced scrap in fuel tank manufacturing by 7,490 kg/year
• Kautex reused 88% of equipment for quoted projects, valued at $260 million
• Textron Aviation implemented responsible land management practices on nearly 1,000 acres of grassland

Social Achievements

• Launched Achieve 2025 initiative with goals for safety, health, sustainability, and resiliency
• Improved worksite well-being scores
• Increased recruiting efforts at HBCUs and partnerships with diverse professional organizations
• Increased participation with diversity organizations at core schools by more than 60%
• Hosted a summer internship program for nearly 700 interns with a conversion rate to full-time positions exceeding 65%
• Supported community-based workforce development programs like Textron Systems ELEVATE, Manufacturing Day in a Box, Manufacturing Academy, and Reaching Potential through Manufacturing (RPM)
• Conducted an enterprise engagement survey with over 21,000 responses
• Recognized employees through the Chairman’s Award for Innovation
• Employed 3,739 veterans (15.2% of U.S. employees)

Governance Achievements

• Established a five-year enterprise-wide set of goals called Achieve 2025
• Implemented a robust Ethics and Compliance Program with annual risk assessments and action plans
• Established Business Conduct Guidelines and Global Anti-Corruption Compliance Policy
• Provided compliance training modules to over 113,000 employees
• Implemented data privacy safeguards and compliance training
• Adopted a “Live Secure” approach to information security programs

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic
• Racial equity issues
• Environmental impacts from past operations (Mashapaug Pond remediation)

Mitigation Strategies

• Formed pandemic response teams, implemented safety protocols, enabled remote work, and supported communities with PPE and supplies
• Recommitted to forging a more inclusive and diverse community at Textron
• Developed and implemented a phased remediation plan for Mashapaug Pond, resulting in the creation of a neighborhood park

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Working with suppliers to carry out resource improvement projects

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events, natural disasters

Transition Risks

• Not disclosed

Opportunities

• Development of energy-efficient products

Reporting Standards

Frameworks Used: Greenhouse Gas Protocol

Certifications: ISO 14001 and 45001 (Kautex facilities)

Third-party Assurance: ANSI-accredited independent third party (for GHG emissions)

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• E-Z-GO RXV ELiTE lithium-ion powered golf cars
• Sustainable aviation interiors
• Kautex Rhapsody fuel system
• Howe & Howe Thermite RS3 robotic firefighter
• Bell EDAT system

Awards & Recognition

• Forbes’ 2020 World’s Best Employers (#133)
• A- rating by CDP
• Providence Business News’ Innovative Collaboration Award
• Pledge to America’s Workers Presidential Award
• 2020 Women on Boards Winning Company
• HIRE Vets Gold Medallion Award (Textron Systems)

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced greenhouse gas emission intensity by almost 15% in 2021, on track to meet the 20% reduction goal by 2025.
• Reduced waste generation intensity by 7% in 2021.
• Textron Aviation offset carbon emissions with wind energy, using 79% renewable energy.
• Textron Specialized Vehicles upgraded production lines to LED lighting, saving approximately $200,000 per year and reducing energy usage.

Social Achievements

• Expanded recruiting efforts at HBCUs and partnered with diverse professional organizations.
• Launched new ERGs related to sustainability (Bell Employees for Environmental Sustainability and Textron Systems’ Eco-Systems).
• Improved overall employee engagement score from previous survey.

Governance Achievements

• First time mapping disclosures to TCFD and SASB recommendations, providing additional transparency on climate-related risks and opportunities.
• Established Textron Human Rights Commitment.
• Annual risk-based Ethics and Compliance Action Plans implemented.

Climate Goals & Targets

Environmental Challenges

• Residual pandemic impact on company revenue affecting progress on energy and water intensity goals.

Mitigation Strategies

• Continued identification and implementation of energy efficiency and water resource efficiency projects.

Supply Chain Management

Responsible Procurement

• Textron Code of Conduct for Suppliers and Other Business Partners
• Rigorous process to assess suppliers prior to allowing Textron information to be processed, stored or transmitted by third parties.

Climate-Related Risks & Opportunities

Opportunities

• Development of energy-efficient products and electric vehicles

Reporting Standards

Frameworks Used: TCFD, SASB

Certifications: ISO 14001, ISO 45001

Third-party Assurance: ANSI accredited independent third party

Sustainable Products & Innovation

• Beechcraft Denali aircraft with more sustainable engine
• Electric vehicles from Textron Specialized Vehicles (E-Z-GO Liberty, TUG Alpha 1, TUG 660 LI Belt Loader, Jacobsen Eclipse 360 ELiTE Lithium Mower)
• Howe & Howe’s all-electric firefighting robot, Thermite EV2

Awards & Recognition

• U.S. Department of Labor’s HIRE Vets Gold Medallion Award (Textron Systems)
• Inclusion in Military Times’ “Best for Vets” list (Textron Systems)

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance

Environmental Achievements

• Reduced greenhouse gas emissions intensity by 21% (compared to 2019 baseline)
• Reduced waste generation intensity by 17% (compared to 2019 baseline)
• Sourced over 40% of electricity use from renewable energy

Social Achievements

• 32.3% of managers in U.S. operations are diverse employees
• Over 1,400 employees participated in the Education Assistance Program
• 50% of 2022 college interns converted to full-time or second internships in 2023
• Over 95% of employees agreed Textron expects them to conduct business with the highest ethical standards (based on a Culture of Compliance survey)

Governance Achievements

• Established a robust Ethics and Compliance Helpline available to all employees
• Implemented “Live Secure” IT security awareness program
• Received various awards including Fortune World’s Most Admired Companies, Forbes World’s Best Employers, and Newsweek America’s Most Responsible Companies

Climate Goals & Targets

Environmental Challenges

• Increased energy consumption due to increased manufacturing activities
• Slight increase in water consumption due to increased manufacturing activities
• Managing climate-related risks such as severe weather events and rising sea levels

Mitigation Strategies

• Participation in the Department of Energy’s Better Plants Program to identify and implement energy efficiency projects
• Completion of responsible water management projects with anticipated annual savings
• Implementation of Loss Prevention and Enterprise Risk Management programs to assess and mitigate climate change risks
• Development and implementation of crisis management plans to address potential risks to facilities

Supply Chain Management

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Severe weather events
• Rising sea levels

Transition Risks

• Not disclosed

Opportunities

• Development of sustainable aviation solutions

Reporting Standards

Frameworks Used: TCFD, SASB

Certifications: ISO 14001 (Kautex facilities), ISO 45001 (Kautex facilities), National Air Transportation Association’s Sustainability Standard for Aviation Businesses (Textron Aviation service centers)

Sustainable Products & Innovation

• Electrically powered aircraft (Pipistrel)
• Lithium-ion battery technology in E-Z-GO, Jacobsen, and TUG products
• Beechcraft Denali with a more sustainable engine
• Kautex Pentatonic battery system

Awards & Recognition

• Fortune World’s Most Admired Companies
• Forbes World’s Best Employers
• Forbes World’s Top Female Friendly Companies
• Newsweek America’s Most Responsible Companies
• Handshake’s Early Talent Award
• Top Supporter of Historically Black Colleges & University Engineering Schools
• U.S. Department of Labor HIRE Vets Gold Medallion Award
• Lingxuan Innovation Award (Kautex)
• Automotive Division Award (Kautex)
• Chairman’s Award for Innovation in the Sustainability category (Kautex)

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced greenhouse gas emissions intensity by 29% compared to 2019 baseline year
• 43% of Textron’s electricity use was from renewable sources
• Completed more than 190 projects at our facilities worldwide to reduce energy use and conserve natural resources
• Reduced absolute water use by 7% year-over-year
• Reduced waste generation intensity by 18% compared to 2019 baseline year

Social Achievements

• 33.2% of managers in our U.S. operations are women or people of color
• More than 65% of our 2023 college interns converted to full-time positions or second internships in 2024
• Textron reimbursed more than $6.3 million to more than 1,300 employees enrolled in approved degree or certification programs
• Bell and Textron Systems were recognized by the U.S. Department of Labor with a 2023 HIRE Vets Gold Medallion Award

Governance Achievements

• Launched Textron’s updated Business Conduct Guidelines
• Employees completed more than 14,600 live training hours and over 163,000 online training courses on ethics & compliance topics

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Textron Code of Conduct for Suppliers and Other Business Partners

Climate-Related Risks & Opportunities

Physical Risks

• Severe weather events
• Rising sea levels

Transition Risks

• Regulatory changes
• Market shifts

Opportunities

• Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI, SASB, TCFD

Certifications: ISO 14001, ISO 45001, ISO 50001 (at some locations)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Nexus eVTOL platform demonstrator
• Nuuva V300 hybrid electric cargo aircraft
• Electric vehicles from Textron Specialized Vehicles
• SustainableAdvantage carbon offset program

Awards & Recognition

• Fortune World’s Most Admired Companies
• Wall Street Journal Best Managed Companies
• Forbes America’s Best Large Employers
• Forbes Best Employers for Diversity
• Forbes America’s Best Employers for Women
• Newsweek America’s Greatest Workplaces
• Newsweek America’s Greatest Workplaces for Parents and Families
• Newsweek America’s Most Responsible Companies
• Handshake Early Talent Awards
• Match 2023 Campus Forward Awards
• HBCU Top Supporter
• FAA William “Bill” O’Brien Diamond Award of Excellence (ATAC)