AAON Releases 2020 Sustainability ESG Report
AAON, Inc. (NASDAQ: AAON), a leader in innovation and the
production of premium-quality, high-performance, energy-efficient
HVAC products for nonresidential buildings, released its 2020
Sustainability ESG Report. In the report, the company highlights
sustainability practices, achievements, as well as long-term
targets. Highlights for the year 2020 include:
- Led the industry in offering of
virus mitigating equipment and solutions.
- Expedited equipment for emergency
pandemic-related temporary hospitals.
- Invested 3.4% of sales in research
and development, to help maintain its leadership in
high-performance, energy efficient HVAC equipment (the peer group
invested an average of 1.8% of sales in R&D).
- Decreased the company’s energy
intensity and water consumption by 4% and 2.7%, respectively.
- Recycled 19% more metals and
diverted 16% more waste to a waste-to-energy facility.
- Set environmental long-term
targets, including a goal of 80% of equipment sales made up of
non-fossil fuel consuming units by 2030.
- Improved workplace health and
safety, achieving a 30% decrease in Total Recordable Incident
- Continued to work on advancing a
workplace culture of inclusion and diversity.
“I am extremely proud of how our company
performed in 2020, a truly unprecedented year with many challenges
related to the COVID-19 pandemic,” said Gary Fields, President and
CEO. “I am most proud of how we adapted quickly to help communities
by providing virus mitigating HVAC solutions as well as equipment
for temporary hospitals, all while managing a safe manufacturing
environment to help protect our employees. In the midst of all the
challenges, we continued to advance our leadership in
sustainability. We invested aggressively in R&D to help advance
our industry-leading position as the manufacturer of the most
energy efficient packaged rooftop units in North America. We also
continue to focus on other products and technologies such as heat
pumps to help our customers reduce carbon emissions. In
addition, we took measures to help reduce our own carbon footprint.
Finally, we continue to strive for gender parity and a diverse
workforce reflective of our communities.”
2020 Sustainability ESG Report PDF
For previous Sustainability reports, please
About AAONAAON is engaged in
the engineering, manufacturing, marketing and sale of air
conditioning and heating equipment consisting of standard,
semi-custom and custom rooftop units, chillers, packaged outdoor
mechanical rooms, air handling units, condensing units, makeup air
units, energy recovery units, geothermal/water-source heat pumps,
coils, and controls. Since the founding of AAON in 1988, AAON has
maintained a commitment to design, develop, manufacture and deliver
heating and cooling products to perform beyond all expectations and
demonstrate the value of AAON to our customers. For more
information, please visit www.AAON.com.
Contact:Joseph MondilloDirector of Investor
RelationsPhone: 617-877-6346Email: Investor1@AAON.com
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