Incorporating ESG into your organisation provides companies with a transparent plan that focuses on helping the environment, supporting diversity and equal opportunities, and ensuring ethical business decisions. ESG is a set of standards, policies and metrics used by organisations and investors to assess both the societal and environmental impact of their operations. For businesses, it is a way to show customers, employees, and potential investors that they are acting in the interests of the planet and society.
ESG focuses on 3 specific areas:
- Environmental: use of natural resources, carbon emissions, pollution, waste management, green energy initiatives.
- Social: diversity and inclusivity, human rights, employee welfare, supply chain relationships, data security.
- Governance: board diversity, rights of shareholders, political contributions, business ethics.
The benefits of implementing an ESG policy in the aerospace sector are –
Sustainability and Environmental Impact: ESG policies encourage practices that reduce carbon emissions, waste, and resource consumption, promoting sustainable aviation.
Regulatory Compliance: As regulations around emissions and sustainability tighten, having a ESG policy helps companies stay compliant, reducing the risk of penalties and enhancing safety.
Cost Savings: By focusing on efficiency and sustainable practices, companies can identify opportunities to reduce operational costs.
Risk Management: ESG policies help mitigate risks related to environmental changes, supply chain disruptions, and social issues, thereby enhancing overall resilience.
Company Reputation: Companies that actively promote sustainability and social responsibility attract customers, employees, investors, and collaboration opportunities.
Workforce Satisfaction and Engagement: A strong commitment to social governance can foster a positive workplace culture, improving employee morale, engagement, and retention.
Innovation: Focusing on ESG can drive innovation in technologies and practices, helping companies stay competitive in a rapidly evolving aerospace market.
Overall, integrating ESG principles in aerospace not only supports corporate responsibility but also drives long-term value and success.
About AML Sheffield
AML Sheffield is an advanced manufacturing supplier specialising in the development of manufacturing solutions and production of precision components.
AML is a market leader in the delivery of flexible machining services to the aerospace, defence and nuclear sectors, which remain significant industries for both global and UK manufacturing. Our expertise allows us to manufacture parts for these industries in a range of specialist materials.
Precision machining remains an important part of the industry, with ever more complex geometries and materials requiring innovative manufacturing solutions. AML has always adopted a technology-based approach and quality is ‘a given’ in the precision machining industry as our customers require us to work within the most stringent quality procedures and tight drawing tolerances.
At AML, we deliver top-tier machined components for the aerospace, defence and nuclear industries, backed by our AS-9100 certification. Our team excels in advanced engineering techniques, offering precision milling and state-of-the-art 5-axis CNC machining to produce the most complex of parts.
At AML we are conscious of the impact our business has particularly in relation to climate change and we are pursuing environmental, social, and responsible business practices in all areas, in particular our machining processes, how we reduce our carbon footprint, and recyclability maximisation. AML is actively involved in various R&D projects aimed at reducing energy consumption and carbon emissions and has implemented power monitoring on all machines. We operate an Environmental Management System which complies with the requirements of ISO 14001:2018 and an Occupational Health and Safety Management System which complies with ISO 45001:2018. AML holds Cyber Essentials and Cyber Essentials Plus accreditations for data protection.
AML is also committed to the welfare of our employees, we have a diversity and ethics policy, promote welfare sessions with our team and have an active social calendar to include all interests. To find out more about any of the above click here.
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