American Axle & Manufacturing Holdings Inc 2023 SR
The report highlights American Axle & Manufacturing's progress toward its sustainability goals, including the validation of its net-zero emissions target for 2040 by the Science Based Targets initiative. In 2023, the company achieved 44% renewable energy usage globally and exceeded its U.S. goal by reaching 75% renewable or carbon-free energy. AAM successfully launched 14 major global product programs, with 75% of its research and development spend focused on sustainability-driven projects like electrification. The company also improved its social impact by increasing supplier diversity spend by 12% and maintaining a strong safety record with zero workplace fatalities.
Company: American Axle & Manufacturing Holdings Inc
Sector: Consumer Discretionary
Country: United States
Year: 2023
Type: SR
Pages: 102
American Axle & Manufacturing Holdings Inc
Sustainability Report
The report highlights American Axle & Manufacturing's progress toward its sustainability goals, including the validation of its net-zero emissions target for 2040 by the Science Based Targets initiative. In 2023, the company achieved 44% renewable energy usage globally and exceeded its U.S. goal by reaching 75% renewable or carbon-free energy. AAM successfully launched 14 major global product programs, with 75% of its research and development spend focused on sustainability-driven projects like electrification. The company also improved its social impact by increasing supplier diversity spend by 12% and maintaining a strong safety record with zero workplace fatalities.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Published
Apr 1, 2024
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Sustainable Development Goals
Other Standards
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees