Industria de Turbo Propulsores S.A. (Unipersonal Company)
Climate Impact & Sustainability Data (2019, 2022)
Reporting Period: 2019
Environmental Metrics
Total Carbon Emissions:4,826 tCO2e (2019); 5,224 tCO2e (2018)
Scope 1 Emissions:5,351 tCO2e (2019); 4,955 tCO2e (2018)
Scope 2 Emissions:6,158,44 tCO2e (2019); 12,892 tCO2e (2018)
Renewable Energy Share:100% at Zamudio, Ajalvir, Alcobendas, and Albacete (Spain)
Total Energy Consumption:74,834,000 kWh (2019); 75,834,000 kWh (2018)
Water Consumption:129,735 m3 (2019); 114,664 m3 (2018)
Waste Generated:4,532 tons (2019); 4,561 tons (2018)
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Achieved 100% renewable energy consumption at Zamudio, Ajalvir, Alcobendas, and Albacete centers in Spain.
- New Derio plant in Biscay achieved an A energy efficiency certificate.
- Reduced waste by 1,000 tonnes.
- Reduced oil emulsion by 17% in Zamudio.
Social Achievements
- Launched "Building ITP Aero Together" climate survey with 73% participation.
- Implemented "Protocol for Harassment in the Workplace."
- Launched "You Speak" policy to publicize communication channels.
- Global Y-Talent Program promoted development of multipurpose professional profiles.
- Contributions and donations to NGOs and foundations to the value of 131,687 EUR.
Governance Achievements
- Reinforced Board of Directors with appointments of Ben Story and Diego García Bernabéu.
- Carlos Alzola appointed CEO and member of the Board of Directors.
- Combined three business units into two (Civil and Defence), integrating maintenance and aftermarket services.
- Implemented a complete compliance program conforming with legal requirements.
- Developed a crime prevention model including a specific compliance program for criminal compliance.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Reduce CO2 emissions by 50% by 2030.
Short-term Goals:
- Reduce CO2 emissions by 10% in all centers by 2020.
Environmental Challenges
- 12% increase in water consumption in relation to increased production.
- 4.3% wage gap between average salary of women and men (deterioration from 3.7% in 2018).
- Reputational risks arising from business relationship with public institutions due to contractual non-compliance.
- Risks related to loss of talent.
- Risks to safety of third parties due to failures in products.
Mitigation Strategies
- Actions undertaken to improve discharge quality in Zamudio.
- ITP Aero continues to work to eliminate the wage gap.
- Very close relationship with customers, deep knowledge of contracts, thorough training of professionals, effort in correct resource allocation.
- Plans for loyalty and talent retention.
- High-level safety policy, commitment to aviation authorities, safety committees, highly qualified employees, executive committee commitment to safety, change control system implemented.
Supply Chain Management
Supplier Audits: 103 audits in 2019; 46 closed
Responsible Procurement
- Supplier Code of Conduct addressing social, gender equality, and environmental issues.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI
Certifications: UNE-EN ISO 14001:2015, EMAS
Third-party Assurance: PricewaterhouseCoopers Auditores S.L.
Sustainable Products & Innovation
- UltraFan engine (reduced weight, noise, and fuel consumption)
- Components manufactured with additive layer technology (reduced weight and cost)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:8,424 tCO2e (Scope 1 & 2)
Renewable Energy Share:98%
Total Energy Consumption:119,319,513 kWh
Water Consumption:171,181 m3
Waste Generated:2,964 tons
ESG Focus Areas
- Climate Change
- Product Safety
- Product Innovation
- Employee Well-being & Safety
- Integrity and Compliance
- Pollution and Waste
- Diversity, Equality and Inclusion
- Human Rights
- Skills for the Future
Environmental Achievements
- Achieved 98% renewable energy in electricity consumption (vs. 75% in 2021)
- 11% reduction in water consumption at the Zamudio plant thanks to improved leakage control
- Implemented an integral waste energy recovery system at the Barakaldo plant
- Reduced hazardous waste by 16%
- Planted 50 trees to celebrate the 50th anniversary of the Ajalvir plant
Social Achievements
- Workforce grew by 8% to 4,493 employees
- Reduced pay gap by 66% since 2020 (1.68% in 2022)
- Launched a new hybrid working model
- Implemented the ITP leadership model in Spain, Mexico, and the United Kingdom
- Launched the REcognise awards to reward employees demonstrating company values
- Launched the global engagement survey “Building ITP Aero together”
- Implemented a new corporate values-based interview model
- Became the first Spanish aeronautical manufacturer to be certified by AENOR in criminal and anti-bribery compliance
Governance Achievements
- Implemented a criminal and anti-bribery Compliance Management System
- Obtained AENOR's criminal and anti-bribery compliance certificates
- Updated the Risk Management Policy
- Created the Internal Audit function
Climate Goals & Targets
Long-term Goals:
- Net zero carbon emissions by 2050
Medium-term Goals:
- Achieve 75% fleet renewal in service by 2050 to achieve climate neutrality
Short-term Goals:
- Reduce GHG emissions by 30% by 2030
Environmental Challenges
- Supply chain disruptions due to the war in Ukraine and raw material shortages
- Increase in energy costs
- Increase in year-on-year CPI
- Increase in raw material costs
- Alleged hydrocarbon spillage into the river Danoz in 2019 (resulting in a €3,000 penalty)
Mitigation Strategies
- Readjustment of the supply chain to adapt to the new market size
- Implementation of an action plan to minimize the impact of increased energy costs
- Escalation formulas included in customer sales contracts to mitigate the impact of increased raw material costs
- Deployment of the risk management methodology at the Hucknall plant
- Appeal of the penalty for the alleged hydrocarbon spillage (appeal not accepted, penalty paid)
Supply Chain Management
Supplier Audits: 96 audits in 2022
Responsible Procurement
- Code of conduct for suppliers; Supplier Chain Development Process; Long Term Agreements (LTAs) with sustainability clauses; Conflict Minerals Reporting Template; REACH compliance requirements.
Climate-Related Risks & Opportunities
Opportunities
- Development of energy-efficient products; development of hybrid-electric and hydrogen propulsion
Reporting Standards
Frameworks Used: GRI Standards
Certifications: UNE-EN ISO 14001:2015, EMAS (Spanish centers in Zamudio, Ajalvir, Alcobendas and Barakaldo), ISO 45001 (all centers except Malta and India), AS 9100, AS 9110, ISO 9001 and PECAL 2310
Third-party Assurance: PricewaterhouseCoopers Auditores, S.L.
UN Sustainable Development Goals
- 13 of the 17 Sustainable Development Goals
Sustainable Products & Innovation
- UltraFan® intermediate pressure turbine; new engine architectures to reduce environmental impact; hybrid-electric and hydrogen propulsion technologies
Awards & Recognition
- Retina Eco 2022 award (Smart Mobility category); Euskalit Quality Innovation Award (circular economy category); Netapp Award (Evolution category); Cegos-Equipos & Talento award (best Human Resources practice)