Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• 66% of AeroVironment facilities using renewable energy
• 77% renewable energy used across AeroVironment facilities
• 80% of products in our portfolio powered by batteries instead of fossil fuels
• ISO 14001:2015 Environmental Management System Certification achieved at eight facilities

Social Achievements

• Great Place to Work® Certification achieved for fourth consecutive year
• Launched employee-led resource groups for women and LGBTQ+ communities
• Rolled out an unconscious bias training program and achieved 90% participation
• 94% of employees say this is a physically safe place to work
• 94% of employees feel they are treated fairly, regardless of their race
• 92% of employees feel they are treated fairly, regardless of their gender
• 91% of employees are proud to say they work at AeroVironment®

Governance Achievements

• 100% training on code of conduct
• Established ESG Committee and Diversity and Inclusion Committee

Climate Goals & Targets

Environmental Challenges

• Supply chain constraints
• Labor market constraints
• Conflict in Ukraine intensifying global business pressures

Mitigation Strategies

• Used tools and technologies to refine sourcing capabilities and supplier engagement
• Adapted to labor market constraints
• Maintained longstanding relationships with responsible supply chain partners

Supply Chain Management

Supplier Audits: 10 quality management system audits

Responsible Procurement

• Code of Business Conduct and Ethics
• Supplier Quality Requirements Manual
• Conflict Minerals Policy
• California Transparency and Supply Chains Act of 2010 compliance

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

• High-altitude pseudo-satellite (HAPS) program
• Ingenuity Mars Helicopter
• Low- and zero-emission UAS products

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• California facilities incorporating clean power sources, purchasing 22 to 55 percent renewably sourced electricity depending on location and availability.
• Robust electronic waste (e-waste) recycling program, with revenue donated to the Simi Valley Education Foundation.

Social Achievements

• Certified as a Great Place to Work®.
• Expanded reach of Employee Resource Groups.
• New employee onboarding event to showcase company products and values.
• First Contact Resolution (FCR) rate at 97% and customer satisfaction rate exceeding 95%.

Governance Achievements

• Conducted inaugural materiality assessment to identify most relevant ESG topics.
• No monetary losses as a result of legal proceedings associated with incidents of corruption, bribery, and/or illicit international trade.

Climate Goals & Targets

Environmental Challenges

• Tracing conflict minerals through the global supply chain.
• Gathering data at the corporate level for waste management.

Mitigation Strategies

• Implemented a conflict mineral compliance program aligning with OECD Due Diligence Guidance.
• Ongoing efforts to improve data collection and reporting.

Supply Chain Management

Supplier Audits: 10 quality management system audits in FY2023

Responsible Procurement

• Strict requirements for suppliers, including adherence to AeroVironment's ethical business standards.
• Conflict Minerals Policy
• California Transparency and Supply Chains Act of 2010 compliance.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: SASB, GRI

Certifications: ISO 9001:2015, AS9100D, ISO 14001:2015

Sustainable Products & Innovation

• Zero-emission, energy-efficient, battery-powered UAS
• Stratospheric, solar-powered UAS

Awards & Recognition

• Great Place to Work® certification