AAON Publishes 2022 ESG Report

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by KnowESG
KnowESG_AAON 2022 ESG report
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AAON, a leading provider of customisable HVAC solutions that deliver long-term value to customers and owners, has released its 2022 Environmental, Social, and Governance (ESG) Report.

The report showcases the company's dedication to enhancing sustainability practices, driving industry advancement through research and development, fostering innovation with an inclusive workforce culture, and achieving long-term environmental goals.

According to Gary Fields, AAON's CEO and President, the HVAC equipment manufactured by the company has a profound impact on people and society. AAON is committed to assisting customers and partners in creating a more sustainable world, with a focus on energy efficiency and decarbonisation. Fields takes pride in leading a company that wields such significant influence globally. AAON empowers its people and effectively manages its facilities, work processes, and business systems to deliver sustainable long-term value to all stakeholders. The company remains dedicated to growth and progress in the communities it operates in.

Highlights from the 2022 Sustainability ESG Report include:

  • Leadership in innovative products: AAON continues to lead the industry by expanding its range of Zero-Degree Cold Climate Air-Source Heat Pump packaged rooftop units, offering a critical solution to the growing demand for building decarbonisation in cold climates. These units are available in capacities ranging from 2 to 50 tonnes.

  • Environmentally-friendly cleanroom products: AAON's BASX cleanroom products are designed to meet stringent environmental standards while providing precise industry-specific control for critical processes.

  • Increased metal recycling: The company recycled 17% more metals in 2021 and 8% more in 2022, showcasing its commitment to sustainable resource management.

  • Progress towards non-fossil fuel-consuming products: AAON has made strides towards its goal of ensuring that 80% of its products are non-fossil fuel-consuming by 2030. Currently, 63% of units produced and 48% of sales fall into this category.

  • Greenhouse gas (GHG) emissions reduction: AAON is actively working towards reducing its GHG emissions by 10% by 2025, contributing to a cleaner environment.

  • Effective paint waste management: The company recycled 54 tonnes of paint byproducts, achieving a remarkable 90% recycling rate for total paint waste.

  • Renewable energy usage: Approximately 36% of AAON's energy comes from renewable sources, demonstrating its commitment to sustainable power generation.

  • Inclusive workforce and diverse governance: AAON's Board of Governance comprises 50% diversity, and the company's total workforce is 68% diverse, reflecting its commitment to fostering inclusivity and diversity.

For previous sustainability reports, please visit AAON.com/Sustainability.

For more investor-related news

To view and compare company ESG Ratings and Sustainability Reports across sectors, follow our Company ESG Profiles page.

Source: AAON


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