Advanced Energy Industries, Inc.
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:39,641 mtCO2e
Scope 1 Emissions:1,669 mtCO2e
Scope 2 Emissions:37,971 mtCO2e
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:74,426,855 kWh
Water Consumption:88,337,679 US Gals
Waste Generated:1,952 mt
Carbon Intensity:Not disclosed
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- 93% total waste diversion rate across global manufacturing sites
- Energy efficient products with up to 98% efficiency
- Implemented energy efficiency projects in key manufacturing sites (e.g., replacing aged burn-in ovens)
Social Achievements
- 0.17 Total Recordable Incident Rate (TRIR) and 0.13 Lost Time Injury Rate (LTIR) in 2023, outperforming industry benchmark
- Launched various employee programs (STEM scholarship, Diversity & Inclusion Steering Committee, Community Investment Steering Committee, Women’s Leadership Forum, Employee Value Proposition)
- 435 employees participated in a 10-week leadership development program
Governance Achievements
- MSCI ESG Rating of AA in 2024
- 90% of board members are independent, non-executive directors
- 30% of board members are women
- 98% shareholder approval for executive officer compensation in 2023
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Not disclosed
Mitigation Strategies
- Not disclosed
Supply Chain Management
Supplier Audits: 11 locations globally in 2023
Responsible Procurement
- Responsible Minerals Initiative (RMI) conformance; Supplier Code of Conduct; Dodd-Frank Wall Street Reform and Consumer Protection Act compliance
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Greenhouse Gas Protocol, CDP, Responsible Business Alliance (RBA) Code of Conduct, ISO 14001:2015, ISO 45001:2018
Certifications: ISO 14001:2015, ISO 45001:2018
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Energy efficient power conversion products
Awards & Recognition
- Not disclosed