Aernnova Aerospace Corporation, SA
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:78,559 tCO2eq/year
Scope 1 Emissions:9,866 tCO2eq/year
Scope 2 Emissions:21,117 tCO2eq/year
Scope 3 Emissions:47,576 tCO2eq/year
Renewable Energy Share:22.9%
Total Energy Consumption:538 GJ/year
Water Consumption:298,798 m3/year
Waste Generated:9,461 tons/year
Carbon Intensity:Not disclosed
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- 22.9% of energy consumption from renewable sources in 2023 (up from 21.4% in 2022)
- Investment of over €2.1 million in climate change mitigation measures (5% increase from 2022)
- 87% waste recycling rate in 2023
Social Achievements
- Increased workforce to 5,442 employees (from 5,206 in 2022)
- 222 employees in Spain utilizing work-life balance measures to reconcile work and family life (276 in 2022)
- Average training hours per employee increased to 21.39 (from 13.98 in 2022)
Governance Achievements
- Implementation of a new Internal Reporting System in 2023
- 97% of planned supplier audits conducted in 2023
- Approval of several corporate policies from an ESG perspective
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- 40% reduction of energy consumption ratio by 2030
- 40% reduction of CO2 footprint ratio by 2030
- 90% recycled proportion of generated waste by 2030
- 40% reduction Lost Time Frequency Rate by 2030
- 33% share of female for new management positions in period 2023-2030
Short-term Goals:
- Not disclosed
Environmental Challenges
- Operational risks due to increased demand and market uncertainty for raw materials and components
- Risks associated with work package transfers and the Zero Latency project
- Risks associated with new projects, particularly in the new aviation segment
- Risks associated with the availability of qualified personnel
Mitigation Strategies
- Control and management of client demand risks through the Planning Management Committee
- Establishment of indicators to measure operational performance
- Stock Control Committee to maximize stock turnover
- Program Management Committee to review KPIs and mitigate risks
- Contractual Observatory to analyze contract aspects and risks
- Annual testing of the Group’s disaster recovery strategy
- Project to safeguard production equipment
Supply Chain Management
Supplier Audits: 32 of 33 planned audits conducted (97%)
Responsible Procurement
- All suppliers must comply with Dodd-Frank Act regarding conflict minerals
- Suppliers must comply with Aernnova’s Code of Ethics
- Purchasing Policy ensures sustainable procurement
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Transition to sustainable aviation fuels and energy self-consumption
Reporting Standards
Frameworks Used: GRI
Certifications: ISO 14001
Third-party Assurance: Ernst & Young, S.L.
UN Sustainable Development Goals
- SDG 3, 5, 8, 9, 10, 12, 13, 16, 17
The report details how various initiatives contribute to these goals.
Sustainable Products & Innovation
- Composite structures that reduce aircraft weight and fuel consumption
Awards & Recognition
- Airbus Operational Excellence Award, Embraer awards, Boeing Gold Supplier, Sikorsky Best Supplier Award