Climate Change Data

TransDigm Group, Inc.

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:107,662 tCO2e/year (Scope 1 and 2)
Scope 1 Emissions:42,622 tCO2e/year
Scope 2 Emissions:65,040 tCO2e/year
Total Energy Consumption:238,943 MWh/year
Water Consumption:151,094 thousand U.S. gallons/year

ESG Focus Areas

  • Environmental Responsibility
  • Social Responsibility
  • Governance and Responsible Business Practices

Environmental Achievements

  • Achieved a 6% reduction in Scope 1 and Scope 2 GHG emissions in fiscal year 2023 compared to the 2019 baseline.
  • Completed 2023 enterprise-wide GHG inventory for Scope 1 and Scope 2 emissions, along with enterprise-wide aggregation of water consumption.

Social Achievements

  • Opened the TransDigm Group Learning Center at the Great Lakes Science Center, providing underprivileged youth with STEM education.
  • Improved Board diversity, with 40% identifying as female or racially or ethnically diverse in 2023 compared to 27% in 2022.
  • Awarded ~840 scholarships to underprivileged and underrepresented youth by 2024 under the Doug Peacock Scholarship Program.

Governance Achievements

  • Implemented a Combatting Trafficking in Persons Policy.
  • Appointed a Lead Independent Director in 2023.
  • Refreshed the membership of three of the four committees.

Climate Goals & Targets

Medium-term Goals:
  • Reduce absolute Scope 1 and Scope 2 greenhouse gas emissions by at least 50% by 2031

Environmental Challenges

  • Residual negative effects of the COVID-19 pandemic impacting the commercial aerospace industry.
  • Difficult inflationary environment and disruption across the global supply chain and labor markets.
Mitigation Strategies
  • Careful management of cost structure.
  • Implementing mitigating actions to overcome supply chain and labor market disruptions.

Supply Chain Management

Responsible Procurement
  • Extending the principles of the Code of Business Conduct and Ethics to the supplier network.
  • Compliance with requirements regarding conflict minerals.
  • Strict Combatting Trafficking in Persons Policy prohibiting engagement with suppliers involved in human trafficking.

Climate-Related Risks & Opportunities

Physical Risks
  • Severe weather events (increased storm frequency or severity, fires)
  • Rising sea levels
  • Decreased access to water
Transition Risks
  • Regulations that could have a material adverse impact on air travel

Reporting Standards

Frameworks Used: SASB

Sustainable Products & Innovation

  • Patented galvanically isolated 270Vdc Hybrid Contactors
  • Korry Large Area Display
  • Brushless Starter Generator 200BLSG
  • Schneller’s sustainable decorative laminates
  • TA Aerospace’s hybrid t-bolt clamp and line support block
  • Mason’s next-generation force transducers
  • Adams Rite’s touchless lavatory products
  • AmSafe’s pretensioner system
  • Next Generation T-11 personnel parachute
  • Aerosonic’s air data flight test boom
  • Chelton’s DACU4c GNSS Anti-Jam product
  • Kirkhill’s ablative insulation for human spaceflight