Climate Change Data

TOP ACES INC.

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Extending lifespan of military aircraft fleets contributing to a more circular economy
  • Substantial fuel savings compared to traditional military aircraft
  • Investment in Live Virtual Constructive (LVC) capabilities to reduce flight frequency
  • Implemented centrally controlled thermostats, LED lighting retrofits, and a Hybrid Working Model Policy to reduce energy consumption and emissions
  • Implemented responsible waste management practices, including collaboration with third-party entities for hazardous waste disposal and certified vendors for recycling

Social Achievements

  • Maintained an unparalleled safety record boasting over 125,000 accident-free flight hours (as of Q1 2024)
  • Comprehensive and competitive compensation and benefit packages
  • Annual engagement survey and semi-annual pulse survey to gauge employee sentiment
  • Robust learning and development opportunities, including access to LinkedIn Learning and a leadership training program
  • Implemented Diversity, Equity, and Inclusion (DEI) initiatives, including self-identification surveys, flexible work schedules, and training on interview processes
  • Employee Assistance Program (EAP) and wellness resources for Canadian employees and their families
  • Community investment program prioritizing support for veterans, active military personnel, and their families

Governance Achievements

  • Strong Board oversight with specialized committees (Audit, HR & Compensation, Investment)
  • Global Code of Conduct Policy with mandatory training for all employees
  • Anti-Corruption Policy with mandatory training and due diligence for third parties
  • Substantial investments in cybersecurity infrastructure and pursuit of CMMC Level 2 certification
  • Comprehensive data privacy and security measures, including multi-factor authentication, firewalls, and secure vaults

Climate Goals & Targets

Environmental Challenges

  • Decarbonizing aviation industry is challenging due to lack of readily available and cost-effective technology solutions
  • Stringent security clearance requirements and geographical location limitations affect recruitment pool diversity
  • Inherent risks associated with operating fighter aircraft and delivering advanced operational training
Mitigation Strategies
  • Exploring opportunities for further fuel burn reductions as new technologies emerge
  • Actively pursuing avenues to enhance representation of all designated groups
  • Upholding utmost diligence, preparedness, and adherence to safety protocols
  • Investing in cybersecurity infrastructure and pursuing CMMC Level 2 certification
  • Implementing robust data privacy and security measures

Supply Chain Management

Responsible Procurement
  • Rigorous procedures for vendor selection and qualification
  • Vendor monitoring process overseen by Quality Assurance

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

  • Advanced Aggressor Mission System (AAMS)
  • Live Virtual Constructive (LVC) capabilities