Spirit AeroSystems Publishes First Sustainability Report
June 17 2021 - 10:10AM
Business Wire
‘First Flight’ highlights Spirit’s efforts to
enhance its contribution to the development and manufacture of more
sustainable aviation products
Spirit AeroSystems Holdings, Inc. (NYSE: SPR) has embarked on a
new sustainability journey with the publication of ‘First Flight’,
its first Sustainability Report. ‘First Flight’ outlines Spirit’s
environmental, social and governance (ESG) strategy, including key
goals for the current decade, and captures notable achievements in
2020.
Spirit recognizes that protecting the environment, and promoting
the health and wellbeing of its employees, customers and
communities are even more important following the impact of the
COVID-19 pandemic on the company, the industry and the planet.
Embracing its long history of innovation and partnerships, Spirit
has pledged to advance more sustainable operations, products and
services.
“We’re delighted to demonstrate greater transparency and
accountability with the launch of our first Sustainability Report,”
said Tom Gentile, President and CEO, Spirit AeroSystems. “This
focus on sustainability will enable us to make better-informed and
more robust decisions on our contribution to strengthening
environmentally responsible aviation. Finding sustainable solutions
for our business creates value for our stakeholders and helps
secure our long-term future.”
The report illustrates how the organization is integrating ESG
activities into business operations. Examples include Spirit’s
ongoing commitment to:
- Transition to renewable and recyclable resources The
Prestwick and Belfast, UK facilities are today 100 and 70 percent
green-energy powered respectively. While the Wichita facility
recycles more than 2 million gallons of process water daily and is
expected to operate on 100 percent renewable energy by
year-end.
- Grow a healthy, values-based culture By supporting
programs like Catalyst CEO Champions for Change to accelerate
diversity, inclusion and gender equity.
- Participate in collaborative and consistent reporting
Through the Global Reporting Initiative, Sustainability Accounting
Standards Board and Task Force on Climate-related Financial
Disclosures frameworks.
“First Flight marks the beginning of an ambitious strategy to
make measurable progress on our ESG performance,” said Chris
Ladwig, Senior Director, Environment and Sustainability, Spirit
AeroSystems. “It’s an exciting and rewarding experience to share
our aspirations to achieve best business practice, including our
engagement with the United Nations’ Sustainable Development
Goals.”
Read the full report.
On the web: www.spiritaero.com
On Twitter: @SpiritAero
About Spirit AeroSystems Inc.
Spirit AeroSystems is one of the world’s largest manufacturers
of aerostructures for commercial airplanes, defense platforms, and
business/regional jets. With expertise in aluminum and advanced
composite manufacturing solutions, the company’s core products
include fuselages, integrated wings and wing components, pylons,
and nacelles. Also, Spirit serves the aftermarket for commercial
and business/regional jets. Headquartered in Wichita, Kansas,
Spirit has facilities in the U.S., U.K., France, Malaysia and
Morocco. More information is available at www.spiritaero.com.
Cautionary Statement Regarding Forward-Looking
Statements
This press release contains "forward-looking statements" that
may involve many risks and uncertainties. Forward-looking
statements generally can be identified by the use of
forward-looking terminology such as "aim," "anticipate," "believe,"
"could," "continue," "estimate," "expect," "goal," "forecast,"
"intend," "may," "might," "objective," "outlook," "plan,"
"predict," "project," "should," "target," "will," "would," and
other similar words, or phrases, or the negative thereof, unless
the context requires otherwise. These statements reflect
management's current views with respect to future events and are
subject to risks and uncertainties, both known and unknown. Our
actual results may vary materially from those anticipated in
forward-looking statements. We caution investors not to place undue
reliance on any forward-looking statements. Important factors that
could cause actual results to differ materially from those
reflected in such forward-looking statements and that should be
considered in evaluating our outlook include, without limitation,
the impact of the COVID-19 pandemic on our business and operations;
the timing and conditions surrounding the full worldwide return to
service (including receiving the remaining regulatory approvals) of
the B737 MAX, future demand for the aircraft, and any residual
impacts of the B737 MAX grounding on production rates for the
aircraft; our reliance on Boeing for a significant portion of our
revenues; our ability to execute our growth strategy, including our
ability to complete and integrate acquisitions; our ability to
accurately estimate and manage performance, cost, and revenue under
our contracts; demand for our products and services and the effect
of economic or geopolitical conditions in the industries and
markets in which we operate in the U.S. and globally; our ability
to manage our liquidity, borrow additional funds or refinance debt;
and other factors disclosed in our filings with the Securities and
Exchange Commission. These factors are not exhaustive and it is not
possible for us to predict all factors that could cause actual
results to differ materially from those reflected in our
forward-looking statements. These factors speak only as of the date
hereof, and new factors may emerge or changes to the foregoing
factors may occur that could impact our business. Except to the
extent required by law, we undertake no obligation to, and
expressly disclaim any obligation to, publicly update or revise any
forward-looking statements, whether as a result of new information,
future events, or otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20210617005604/en/
Maria Ryan +44 (0)28 9046 8545 maria.ryan@spiritaero.com
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