• Emphasizes AeroVironment’s dedication to transparency of its environmental, social and governance practices
• Report establishes baseline metrics that the corporate can construct upon
AeroVironment, Inc. (NASDAQ: AVAV), a worldwide chief in clever, multi-domain robotic programs, introduced at present the publication of its inaugural Company Social Duty report, detailing the corporate’s environmental, social and governance achievements so far and its dedication to growing sustainable merchandise, cultivating a various and inclusive workforce, and pursuing steady enchancment in environmental efficiency for the longer term. The corporate plans to launch an up to date report on progress yearly.
“AeroVironment is constructed on a legacy of greater than 50 years of environmental stewardship and our continued dedication to sustainability is embedded in our firm’s mission of growing progressive, future-forward applied sciences that save vitality, sources and lives,” mentioned Wahid Nawabi, AeroVironment chairman, president and chief govt officer. “With our inaugural sustainability report, we’re in a position to translate these inherent beliefs into tangible information that we are able to consider and enhance upon.
“Setting these expectations and speaking them publicly to our workers, clients, companions, suppliers, communities and shareholders additional strengthens our dedication to doing extra with much less and guaranteeing that our environmental footprint is as mild as doable whereas hopefully inspiring different organizations to comply with go well with.”
Highlights from the report embrace:
- The creation of a cross-functional inner group tasked with advancing AeroVironment’s environmental, social and governance (ESG) objectives, practices and initiatives
- The formation of a Variety and Inclusion Committee to guide the constitution of constructing an inclusive tradition that encourages, helps and celebrates the varied voices of the workforce
- Achievement of Worldwide Group for Standardization (ISO) 14001 certification at eight services with 66 p.c of AeroVironment’s services demonstrating that the corporate adheres to the very best requirements for figuring out, monitoring and controlling environmental impacts
- Initiation of a sturdy e-waste recycling program for out of date expertise, ensuring that salvageable supplies are reused and unsafe supplies are disposed of correctly, donating the income acquired from the recycler to a neighborhood training basis
- Dedication to partnering with small, deprived, woman-owned, and veteran and disabled veteran-owned companies to the fullest extent doable in Federal Authorities contracts by means of Small Enterprise Participation Plan, offering small companies with equitable alternative to take part and compete in procurements of services
- Achievement of Nice Place to Work® certification for the fourth consecutive yr based mostly on exceptionally excessive worker survey scores and steady enhancements made companywide
To view AeroVironment’s inaugural 2022 Company Social Duty report, go to www.avinc.com.
ABOUT AEROVIRONMENT, INC.
AeroVironment (NASDAQ: AVAV) offers expertise options on the intersection of robotics, sensors, software program analytics and connectivity that ship extra actionable intelligence so you may Proceed with Certainty. Headquartered in Virginia, AeroVironment is a worldwide chief in clever, multi-domain robotic programs and serves protection, authorities and business clients. For extra info, go to www.avinc.com.
