June 13, 2023
AAR awarded on the USA Today America’s Climate Leaders 2023 list
Wood Dale, Illinois — AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has been awarded on the USA Today list of America’s Climate Leaders 2023. This prestigious award is presented by USA Today and Statista Inc., the world-leading statistics portal and industry ranking provider. The awards list was announced on May 24, 2023, and can currently be viewed on the USA Today website.
America’s Climate Leaders 2023 were selected based on a two-step process:
- Application and Research Phase: Companies could be included on the list by applying online or by having the necessary data publicly available.
- Data Analysis and Scoring Phase: For all companies meeting the inclusion criteria, the year-over-year reduction in emissions intensity (compound annual reduction rate) was calculated.
“AAR is pleased to be recognized on the USA Today list of America’s Climate Leaders 2023,” said Jessica Garascia, AAR’s Vice President, General Counsel, Chief Administrative Officer, and Secretary. “We have taken great strides to advance our environmental, social, and governance (ESG) initiatives and to help ensure AAR is positioned as a leader among our peers regarding reporting and disclosing ESG data.”
In 2021, AAR launched its inaugural ESG Report that included GHG emissions data and GRI and SASB disclosures. AAR published its 2022 ESG Report the following year and added TCFD disclosures. The Company continues to explore opportunities to become a more sustainable business and plans to issue an updated ESG fact sheet this fall.
For more information on AAR’s ESG initiatives, visit https://www.aarcorp.com/en/about/environmental-social-and-governance-esg/.
About AAR
AAR is a global aerospace and defense aftermarket solutions company with operations in over 20 countries. Headquartered in the Chicago area, AAR supports commercial and government customers through two operating segments: Aviation Services and Expeditionary Services. AAR’s Aviation Services include Parts Supply; OEM Solutions; Integrated Solutions; and Maintenance, Repair, and Overhaul (MRO) Services. AAR’s Expeditionary Services include Mobility Systems operations. Additional information can be found at aarcorp.com.
Contact
Media Team
Corporate Marketing and Communications
+1-630-227-5100
Editor@aarcorp.com
Related news
See all
December 23, 2024
AAR named one of America’s Most Responsible Companies 2025 by Newsweek
Wood Dale, Illinois — AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, is proud to announce it has been recognized by Newsweek as one of America’s Most Responsible Companies 2025. This prestigious award is presented in collaboration with Statista, the world-leading statistics portal and industry ranking provider. The awards list was announced earlier this month and can currently be viewed on Newsweek’s website.
December 20, 2024
AAR announces divestiture of non-core Landing Gear Overhaul business to optimize portfolio
Wood Dale, Illinois — AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced today that it has entered into a definitive agreement to divest its Landing Gear Overhaul business to GA Telesis. The transaction is valued at $51 million and is expected to close in the first quarter of the 2025 calendar year, subject to customary and regulatory closing conditions. The divestiture will be immediately accretive to margins and earnings.
December 19, 2024
AAR resolves Foreign Corrupt Practices Act investigations with the DOJ and SEC
Wood Dale, Illinois — AAR CORP. (NYSE: AIR) (“AAR” or the “Company”) announced today that it has reached resolutions with the Department of Justice (“DOJ”) and the Securities and Exchange Commission (“SEC”) to resolve previously disclosed potential violations of the U.S. Foreign Corrupt Practices Act (the “FCPA”) relating to certain transactions signed in 2016 and 2017 in Nepal and South Africa.
