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.

P7_AAM_Material_Topic_Individual_Icons14
P7_AAM_Material_Topic_Individual_Icons5
P7_AAM_Material_Topic_Individual_Icons12
P7_AAM_Material_Topic_Individual_Icons6
P7_AAM_Material_Topic_Individual_Icons
P7_AAM_Material_Topic_Individual_Icons2
P7_AAM_Material_Topic_Individual_Icons7
P7_AAM_Material_Topic_Individual_Icons7
P7_AAM_Material_Topic_Individual_Icons13
P7_AAM_Material_Topic_Individual_Icons3
P7_AAM_Material_Topic_Individual_Icons8
P7_AAM_Material_Topic_Individual_Icons11
P7_AAM_Material_Topic_Individual_Icons4
P7_AAM_Material_Topic_Individual_Icons9
P7_AAM_Material_Topic_Individual_Icons15

 

 

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

ESG 2023 Cover
2022 cover
ESG cover
2020 esg report cover
2019 esg report cover
 

Latest Sustainability News

AAM Publishes 2022 Sustainability Report Highlighting Achievements, Awards and Future Goals

Apr 3, 2023, 12:32 PM
Top Tier 1 Global Supplier Maintains Strong Commitment to ESG
Title : AAM Publishes 2022 Sustainability Report Highlighting Achievements, Awards and Future Goals
Video url :
Image caption :
Meta keywords :
Send email to investor list : No
Send email to media list : No
Shrink image to fit : Yes

DETROIT – April 3, 2023 -- American Axle & Manufacturing (AAM), (NYSE: AXL) has published its 2022 Sustainability Report that features progress the company has made toward its environmental, social and governance goals. The report also highlights recognition awarded to its people, products and systems technology.

Listed in the report are a number of AAM achievements. In 2022, AAM:

  • was among the very first automotive Tier 1 suppliers to have net-zero targets validated by SBTi, the top external validation source in the industry
  • performed a sustainability materiality assessment to identify and prioritize sustainability topics and initiatives for 2023 and beyond
  • demonstrated electrification leadership by winning three Automotive News PACE program awards for our state-of-the-art electric drive technology
  • announced our investment in Autotech Ventures which complements AAM’s mission to develop and produce the industry’s most efficient and powerful electric drive units.
  • completed our acquisition of the Tekfor Group which leverages our core strengths, increases our electrification product portfolio, and diversifies our geographic and customer sales mix
  • successfully completed 17 global product and program launches
  • increased our spend with diverse suppliers 16% year-over-year
  • continued our support of the communities where we live and work with over $1 million in charitable contributions, including Associate giving
  • was named one of America’s Best Large Employers by Forbes
  • hired its first Diversity, Inclusion and Equity executive and expanded its DEI-focused programming

View the complete report here.

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 85 facilities in 18 countries, AAM is Bringing the Future Faster for a safer and more sustainable tomorrow. To learn more, visit aam.com.

###

 

 

Media Contacts:

Christopher M. Son, AAM                                                   Charlotte Fisher, AAM

Vice President, Marketing & Communications                    Director, Communications & Community Relations

(313) 758-4814                                                                   (313) 758-2411

chris.son@aam.com          charlotte.fisher@aam.com
Story Type :
  • Feature Story
  • Media Release
Categories :
  • Sustainability
2022 AAM Sustainability Report
Related Fast Fact :
Related contacts :
Load more comments
comment-avatar

Upcoming Events

May 3, 2024

AAM to Announce First Quarter Financial Results