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BAE Systems plc
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== ESG == BAE Systems has several ESG commitments<ref>https://investors.baesystems.com/~/media/Files/B/BAE-Systems-Investor/investors/shareholder-information/reports-and-presentations/esg-update-and-digital-intelligence-overview.pdf</ref>, working to becoming a responsible business. === Environment === ==== Commitments ==== UN ‘Race to Zero’ * Progress Net Zero program, embedding into financial planning * Technology development * Progress areas of sustainable technology: electrification; sustainable fuels etc * Strategic partnerships * Progress strategic partnerships; Cranfield University Sustainability Apprenticeships, Industrial partnerships ==== Achievements ==== * Reduced CO2 emissions inline with 2030 Net Zero target * 40% of our UK and US sites (incl. manufacturing) using renewable energy * Recycled 83% of waste and 16% of water in 2021 across operations. Zero waste to landfill across Air UK sites since August 2020 * >14,000 of our electric- hybrid systems in operation, saving >30 million gallons of fuel & 335,000+ tonnes of CO2 * Hyper realism in simulator training improving safety and reducing emissions * Graduate Sustainability Forum organised virtual event attended by more than 3000 employees, engagement through Big Switch/Big Ideas * Improved CDP score over last 3 years * TCFD reporting through 2021 ARA and SBTi report due for submission Q1 2023 '''Stated ambition: Net Zero Scope 1&2 by 2030, Scope 3 by 2050''' === Social === ==== Commitments ==== ===== <u>Diversity & Inclusion</u> ===== * 30% women by 2030 (UK) * 25% by 2025 female representation on EC * Increase representation of ethnic minorities ===== <u>Safety & wellbeing</u> ===== * Continuously improve workplace safety * Employee wellbeing and mental health programmes * Community, STEM & early careers * Expand UK apprentice hiring programme and continued investment in STEM and early careers * Maintain community investment ==== Achievements ==== <u>Diversity, Equity and Inclusion</u> * Increased female representation across all levels and functions; overall 22.6% * Roadmap in place to drive systems integration & accelerate pace * Named a ‘Best Place to Work for LGBTQ Equality’ by the Human Rights Campaign’s Corporate Equality index * More than 20 pledges/commitments to external groups and movements supported by BAE Systems * BAE Systems Inc inaugural DEI Impact Report charting progress over the last decade * Established Colleagues Advancing Racial Equality (CARE) programme ===== <u>Safety and wellbeing</u> ===== * Improved (reduced) recordable injuries across all sectors * Focused safety programmes driving improvements through 2021 Leadership engagement and safety reviews key element of 2022 objectives * All-employee safety training scheduled for 2022 with a learner centred approach and facilitated techniques * Mental health & wellbeing awareness training, Unmind App (UK) and Sleepio (Inc) access, global Employee Assistance Programmes and Mental Health ambassadors and advocacy programmes '''Stated ambition: 30% women in UK workforce by 2030''' ===== <u>Community, Skills & Education</u> ===== * Strong support through pandemic in local communities and through national programmes • ~ 4,000 young people in learning in the UK in 2021 * Flagship apprentice programmes in UK, KSA and Australia * 1000 applicants for RAF and RN ‘Coding Success’ * Focus on social mobility, 14,700 employees in work (deprived areas) * Active in UK Govt Movement to Work and Kickstart programme * > 250 employees mentors for SME through Be the Business === Governance === ==== Commitments ==== * Exiting white phosphorus * Progressing Real Living Wage agenda ==== Board diversity ==== * Meet targets set by Hampton Alexander and Parker reports on gender and ethnic diversity ==== Robust ethics, compliance & disclosure ==== * Maintain robust standards of ethics * Meet TCFD and other disclosure requirements * Maintain/improve external ratings ==== Achievements ==== * Maintained MSCI Leader rating * Top quartile in Transparency International Anti Corruption Index * Recognition/proactive engagement from Rating Agencies * Real Living Wage accreditation implementation * Intention to exit smoke mortars containing white phosphorus progressed * Robust Ethics & Compliance Programme, underpinned by revised Code of Conduct & Human Rights Statements * Ethics contacts maintained throughout pandemic * All employee business integrity training >95% completion
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