Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced electricity-based carbon emissions by over 40% at Tewkesbury, U.K. site with solar panels
• Cut carbon emissions in mechanical and lighting systems by 27% and 67%, respectively, at Christiansburg, Virginia location with energy recovery ventilators and LED lighting
• Significant energy savings with smart LED lighting worldwide (e.g., over 13,000 kWh saved annually in Wolverhampton)
• Eliminated the use and waste of 330,000 plastic cups per year in Tewkesbury by using reusable drinkware
• Reduced food-based emissions by 85% in Costa Rica through composting

Social Achievements

• Created employee resource groups to support Black employees, women, and gender equality
• Contracted with small, disadvantaged, veteran-owned, women- and minority-owned businesses through a diverse suppliers program
• Provided time-off and salary continuation benefits to employees affected by COVID-19
• Offered added benefits to help employees cope with personal challenges
• Provided onsite immunization clinics
• Offered training programs and support groups to balance work and personal requirements

Governance Achievements

• Regular ethics training provided to employees in 10 languages
• Strict policies concerning illegal or unethical behavior
• Multiple companywide programs to mitigate the risk of a security breach
• Board of directors oversees security matters and employees receive regular training on cybersecurity issues

Climate Goals & Targets

Environmental Challenges

• Reducing emissions across global operations
• Establishing a baseline for long-term environmental strategy
• Managing risks associated with operating in highly competitive, technical industries

Mitigation Strategies

• Completing an environmental impact assessment of global operations
• Setting goals for creating a positive environmental impact
• Addressing emerging ethics, environmental, social and cybersecurity topics, regulatory and legal issues, and compliance with changing employment practices

Supply Chain Management

Responsible Procurement

• Supplier selection based on quality, services offered, and ethical practices
• Regular audits for adherence to Moog’s policies and environmental regulations

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI, SASB, TCFD

Sustainable Products & Innovation

• SureFly® S250 all-electric multi-rotor vehicle
• Components for all-electric compact loader prototype

Awards & Recognition

• Moog Tewkesbury – runner-up in sustainability category for MakeUK 2019 Manufacturing Awards
• Moog Cork – Ibec National Environmental Award
• Moog Costa Rica – 6 stars in Blue Flag certification program

Environmental Metrics

ESG Focus Areas

• Greenhouse gas (GHG) emissions
• Water consumption
• Hazardous waste generation
• Data security
• Product safety
• Fuel economy & emissions in use-phase
• Materials sourcing
• Business ethics

Environmental Achievements

• Developed detailed emissions reduction plans for five sites; projects underway in three of the top 10 emitting sites.
• Initiated projects focusing on increasing factory energy efficiency while reducing emissions, water usage, and hazardous waste.
• Identified two major projects for reducing water consumption in two of the top five sites globally.

Social Achievements

• Further built a sustainability culture through employee education, visual controls, and by making sustainability part of our leadership development activities.

Governance Achievements

• Moog’s employees share a commitment to the highest standards of ethical conduct; all employees are expected to complete Ethics training regularly.
• Moog’s Business Ethics Compliance Committee (BECC) monitors and reports on U.S. and International laws, provides employee training, operates hotlines, and oversees a monitoring system for identifying and addressing process or compliance issues.

Climate Goals & Targets

Environmental Challenges

• Reducing scope 1 and scope 2 GHG emissions across the company’s global footprint.
• Reducing total water consumption and enhancing water efficiency across operations.
• Reducing total hazardous waste generation across operations.
• Managing risks associated with the use of critical materials.
• Managing business ethics risks throughout the value chain.

Mitigation Strategies

• Developed a plan to reduce scope 1 and scope 2 GHG emissions by 40% by 2030.
• Focus on top 10 contributing sites for GHG emissions, water consumption, and hazardous waste generation.
• Improved monitoring and metering to determine where water consumption can be reduced.
• Initiated projects involving re-configuring processes, changing materials, and installing waste stream separation for hazardous waste reduction.
• Robust Supplier Selection Process, Risk Mitigation tools, and monitoring end-to-end supply chain risk for critical materials.
• Ethics training, hotlines for reporting ethical concerns, and the Moog Business Ethics Compliance Committee (BECC) for managing business ethics risks.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Robust Supplier Selection Process
• Risk Mitigation tools
• Monitoring end-to-end supply chain risk

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Development of energy-efficient products
• Investments in hybrid and electric propulsion systems

Reporting Standards

Frameworks Used: SASB

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Integrated electrification systems for mobile construction equipment
• Motors and electric drive sub-systems and components for ATVs and motorcycles
• On-demand power solutions such as electro-hydrostatic pumps and floating piston pumps
• Highly efficient brushless motor and drive technologies
• Automation solutions for utility-scale solar power construction projects
• Hydrogen gas turbine fuel metering systems and liquid hydrogen fuel system valves

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Greenhouse Gas (GHG) Emissions
• Water Consumption
• Hazardous Waste Generation
• Employee Well-being
• Diversity, Equity, and Inclusion
• Supply Chain Responsibility
• Community Investment
• Climate Risk

Environmental Achievements

• Invested in new factories and solar array retrofits that collectively reduced Moog’s emissions by 650 MT of CO2 equivalent (CO2e).
• Deployed a 1 MW solar array at our Wolverhampton, U.K. site, with an additional system under construction at our site in Baguio, Philippines.
• Continued to upgrade rooftop air conditioning units and building management systems to more energy-efficient systems at our sites in Blacksburg, VA, Salt Lake City, UT, and Alajuela, Costa Rica.
• Reduced total water use at the Bengaluru, India site by replacing old, damaged underground water distribution lines and implementing rainwater harvesting systems.
• Implemented a globally consistent hazardous waste profiling process, resulting in a significant improvement in global waste management practices.
• Successfully deployed Korrvu® Suspension Packaging, reducing materials needed to ship fragile products and reducing shipping costs.

Social Achievements

• Expanded employee giving and volunteering platform to include more than 8,000 employees from the U.S., U.K., and Canada.
• Launched a pilot program to give employees paid time off to volunteer.
• Maintained a voluntary employee attrition rate of 6% globally.
• Welcomed more than 1,500 new hires worldwide.
• Launched Suave Un Toque (Wait a Minute) program in Costa Rica to increase reporting of unsafe acts and prevent accidents.
• Contributed approximately $1.2 million to support nonprofit organizations.
• Directed approximately $30,000 to local causes through employee gift matching program.

Governance Achievements

• Conducted a double materiality assessment to identify and evaluate how sustainability factors impact financial performance and how activities affect society and the environment.
• Incorporated sustainability targets into supplier scorecards for strategic suppliers.
• Established a standalone small business program to expand purchasing opportunities with minority-owned businesses.

Climate Goals & Targets

Environmental Challenges

• Climate-related risks such as extreme weather events and long-term climate shifts.
• Transition risks associated with the shift to a low-carbon economy.
• Water stress in some operating regions.
• Managing hazardous waste across diverse facilities.
• Reducing Scope 3 GHG emissions across the supply chain.

Mitigation Strategies

• Implementing a Climate Risk Program to understand and report on material climate-related risks.
• Developing simplified infrastructure maps and assessing asset sensitivities to physical climate risks.
• Mapping markets against risk and opportunity categories to identify transition risks.
• Implementing a Global Water Stewardship Policy and Site Water Stewardship Plans.
• Investing in community water projects.
• Creating recycling and recovery initiatives to reduce hazardous waste.
• Implementing a globally consistent hazardous waste profiling process.
• Setting a baseline for Scope 3 emissions and engaging with suppliers to reduce emissions.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Incorporating sustainability targets into supplier scorecards
• Addressing human rights and anti-trafficking concerns
• Conflict Minerals Program

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events
• Long-term climate shifts

Transition Risks

• Policy changes
• Technology changes
• Market changes
• Business model changes

Opportunities

• Development of energy-efficient products
• Transition to low-carbon economy

Reporting Standards

Frameworks Used: SASB, GRI, CDP

Certifications: ISO 14001, ISO 45001, ISO 50001, AS9100

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Goal 7 (Affordable and Clean Energy)
• Goal 13 (Climate Action)
• Goal 6 (Clean Water and Sanitation)
• Goal 8 (Decent Work and Economic Growth)
• Goal 9 (Industry, Innovation, and Infrastructure)
• Goal 11 (Sustainable Cities and Communities)
• Goal 12 (Responsible Consumption and Production)
• Goal 17 (Partnerships for the Goals)

Moog's programs and initiatives contribute to progress against these goals.

Sustainable Products & Innovation

• Motors and electric drive systems for battery-electric vehicles
• Electric propulsion units for eVTOL aircraft
• Hydrogen propulsion fuel subsystems
• Electrification components for construction equipment
• ZQuip modular battery systems

Awards & Recognition

• 2024 INTERMAT Innovation Gold Award (TerraTech Ecosystem)