Textron Releases 2022 Corporate Responsibility Report

August 10, 2023
Textron 2022 Corporate Responsibility Report

PROVIDENCE, R.I. – Textron Inc. (NYSE: TXT) today announced the publication of its 2022 Corporate Responsibility Report, highlighting the company’s efforts over the past year to minimize its environmental footprint, support the health, safety and well-being of its employees, and uphold the highest standard of ethics and business conduct throughout its global operations.

Scott C. Donnelly, Textron chairman & CEO, said, “We believe that progress across our Environmental, Social and Governance (ESG) priorities is critical to our business and creates long-term value for our shareholders.”

With key focus areas in sustainability, social responsibility and corporate governance, highlights of the report include:

  • Surpassing Achieve 2025 Sustainable Operations Goals – By the end of 2025, Textron will strive to reduce greenhouse gas emissions by 25% and decrease energy intensity, water usage, and waste generation intensity by 10% compared to its 2019 baseline year. By the end of 2022, Textron had already surpassed its greenhouse gas emission goal (with a 21% reduction) as well as its waste generation intensity goal (with a 17% reduction).
  • Building Sustainability into Products – Innovative products, technologies and solutions include the introduction of new zero-emission vehicles from Textron Specialized Vehicles, the development of sustainable aviation solutions from Textron eAviation and the manufacturing of lightweight thermoplastic composite Pentatonic battery systems for all levels of electric vehicles from Kautex.
  • Upholding Textron Values – Textron’s values of Integrity, Respect, Trust, and the Pursuit of Excellence is exemplified by the results of the company’s recent Culture of Compliance employee survey.

The report also includes indices which align the Company's disclosures with the Task Force on Climate-Related Disclosures (TCFD) and Sustainability Accounting Standards Board (SASB) disclosures.

Textron’s full 2022 Corporate Responsibility Report is published in the Corporate Responsibility section of its website.

About Textron Inc.
Textron Inc. is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Bell, Cessna, Beechcraft, Pipistrel, Jacobsen, Kautex, Lycoming, E-Z-GO, Arctic Cat, and Textron Systems. For more information visit: https://www.textron.com.

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