AES Engineering Ltd.
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:134,922.13 tCO2e (location-based); 133,679.96 tCO2e (market-based)
Scope 1 Emissions:2,330.34 tCO2e
Scope 2 Emissions:2,780.21 tCO2e (location-based); 1,538.04 tCO2e (market-based)
Scope 3 Emissions:129,811.59 tCO2e
Water Consumption:95 billion litres (25 billion US gallons) saved annually
ESG Focus Areas
- Sustainable Operations
- People and Wellbeing
- Innovation for the Future
Environmental Achievements
- Achieved Net Zero carbon emissions for Scope 1, 2, and 3 in 2021.
- Invested £29 million in environmental projects between 2021 and 2029 (29by29). £22,805,261.83 invested by 2023.
- Avoided 433,879.1 tonnes of CO2e in 2023 through product sales.
- Invested £5.8 million in 'green-only' investments (solar panels, battery storage, etc.) at the Factory for the Future.
Social Achievements
- AESSEAL® received the Princess Royal Training Award for its training and development initiatives in 2023 (second time).
- Judged the top UK apprentice employer in the manufacturing sector in 2022.
- Engaged with 5,672 students in 2023.
- Recruited 265 apprentices between 2017 and 2023.
- Maintained Investors in People standard since 1994.
- Achieved multiple RoSPA awards (AESSEAL® and AVT Reliability®).
Governance Achievements
- Established multiple funds managed by the South Yorkshire Community Foundation for charitable giving.
- Donated over £200,000 annually to local charities from 2021 to 2023.
- Launched the AESSEAL® Lieutenancy Fund in 2022 with £500,000.
- Received the Lord Mayor’s Dragon Award for Business of Trust.
- Implemented ISO 27001 for Information Security Management System.
Climate Goals & Targets
Environmental Challenges
- Difficulty in calculating Scope 3 emissions and achieving Net Zero across the entire supply chain.
- Reluctance of engineers to adopt new, more sustainable technologies.
- Skills gap in the engineering industry.
- Raising brand awareness among local residents.
Mitigation Strategies
- Developed a methodology for calculating both supply chain emissions and emissions avoided by customer use of AES products.
- Actively encourages suppliers and customers to reduce their carbon footprints.
- Invests heavily in apprentice training and development.
- Collaborates with local schools and universities to inspire young people to pursue engineering careers.
- Prioritizes community investment initiatives.
Supply Chain Management
Climate-Related Risks & Opportunities
Sustainable Products & Innovation
- AESSEAL® seal support systems and STS™ mechanical seals
- EcoGuard™ solution
Awards & Recognition
- Princess Royal Training Award (2022, 2023)
- Lord Mayor’s Dragon Award for Business of Trust