POWERing a More Sustainable Future

AAM was founded on a set of Cultural Values and Strategic Principles that defines who we are to drive performance and build value.

These Values and Principles are core to our vision of POWERing a more sustainable future that is safer, greener and more inclusive for Associates, customers, communities and stakeholders.

 

AAM Vision

To POWER a more sustainable future while providing value to our stakeholders.

AAM Mission

Advancing global mobility through innovative technologies and sustainable solutions.

AAM Sustainability Mission

To deliver POWER and build a safer, greener and sustainable future for our Associates, customers, communities and the environment.

2023 AAM Sustainability Report

ESG 2023 Cover

Click the image to read the 2023 AAM Sustainability Report.

Sustainability Strategy

AAM is focused on driving continuous improvement in the sustainability areas most important to our company, with input from our internal and external stakeholders.

As a part of our ongoing processes, we actively review and update our goals and progress in the below key areas, ensuring they reflect our current business profile, industry norms and stakeholder expectations.

Our Policy Committee, which is led by the CEO, reviewed and approved 15 material topics identified in AAM's Materials Assessment completed in 2022. These material topics are connected to the areas of Environmental, Social, Product, Supply Chain and Governance.

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Browse the 2023 Report by Chapter

 

 

Science-Based Targets

AAM commits to reach net-zero GHG emissions across the value chain by 2040 from a 2020 base year. To support this goal, AAM commits to:

  • Reduce absolute scope 1 and 2 GHG emissions 45% by 2030 from a 2020 base year
  • Reduce absolute scope 3 GHG 25% within the same timeframe
  • Reduce absolute scope 1 and 2 GHG emissions 90% by 2040 from a 2020 base year
  • Reduce absolute scope 3 GHG emissions 90% within the same timeframe

In addition, AAM commits to 66.7% of its suppliers (by emissions) will have science-based targets by 2027. AAM achieved validation of these targets by the climate-action organization SBTi, meaning our targets are in line with goals set by the international community to limit global temperature rise to 1.5°C.

 

 

Policies and Reports

Policies

File Name

Size

Anti-Corruption Policy

137.98 KB

Conflict Minerals Policy Statement

147.89 KB

Conflict of Interest Policy

186.17 KB

Environmental Policy

100.25 KB

Human Rights Policy

135.23 KB

Safety Policy

106.56 KB

CDP Reports

File Name

Size

2023 CDP Climate Change Response

550.87 KB

2023 CDP Water Response

386.52 KB

2022 CDP Climate Change Response

740.83 KB

2022 CDP Score Report - Climate Change

588.63 KB

2022 CDP Water Security Response

528.5 KB

2022 CDP Score Report - Water Security

564.77 KB

 

Previous AAM Sustainability Reports

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2022 cover
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2020 esg report cover
2019 esg report cover
 

Latest Sustainability News

AAM Named Among Forbes Best Employers for Diversity 2023

Jun 20, 2023, 12:00 PM
Global Tier 1 Supplier Recognized for Diversity Best Practices
Title : AAM Named Among Forbes Best Employers for Diversity 2023
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DETROIT, June 20, 2023 - - Forbes has named American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) one of America’s Best Employers for Diversity for 2023. Forbes and Statista Inc. say the award reinforces AAM’s reputation as a company that embraces and celebrates diversity. The complete list can be found here

“An equitable and inclusive workplace benefits everyone,” said David C. Dauch, AAM Chairman and Chief Executive Officer. “At AAM, we believe diversity drives creativity. An equitable and inclusive culture encourages, supports and celebrates the unique voices of our global workforce.”

Forbes and Statista selected this year’s Best Employers for Diversity based on survey responses from approximately 45,000 U.S. employees working for companies in 25 different sectors with a minimum of 1,000 employees each. The evaluation was based on three criteria:

  • Direct Recommendations: Employees were asked to give their opinions on a series of statements regarding age, gender, ethnicity, disability, LGBTQIA+ and general diversity in their current workplace.
  • Indirect Recommendations: Participants were also given the chance to evaluate other employers in their respective industries that stand out either positively or negatively regarding diversity.
  • KPIs: Extensive research was carried out to evaluate how companies fared across a range of diversity-related best practices. These included the presence of resource groups, the publication of diversity data, and the share of women on a company’s board and in executive positions.

AAM ranked higher on the list year-over-year, improving its reputation as a company that embraces and celebrates diversity.

About AAM:  As a leading global Tier 1 Automotive and Mobility Supplier, AAM (NYSE: AXL) designs, engineers and manufactures Driveline and Metal Forming technologies to support electric, hybrid and internal combustion vehicles. Headquartered in Detroit with over 80 facilities in 18 countries, AAM is Bringing the Future Faster for a safer and more sustainable tomorrow. To learn more, visit aam.com.                   

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AAM Media Contacts:

Christopher M. Son                                               

Vice President, Marketing & Communications     

(313) 758-4814                                                     

chris.son@aam.com                                             

Story Type :
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  • Sustainability
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