StandardAero has launched new goals for the reduction of its carbon footprint to enhance the success of its GreenERmro initiative, a multi-year programme to reduce, reuse and recycle precious resources that promote a circular economy. The GreenERmro programme embodies the company's quest for sustainability and for taking practical, common sense approaches to make improvements that reduce consumption, minimise waste and limit environmental impact. StandardAero's most recent GreenERmro efforts were focused primarily around energy and waste reduction at many of its more than 50 sites and facilities around the world. Now it is targeting net reduction of 45 per cent by 2030, and net zero by 2050.

“This year, we are taking an important step to drive our environmental improvement efforts,” says chairman and CEO Russell Ford. “We have set aggressive goals, but they are ultimately achievable. With leadership, investment and commitment, we believe we are on a path to significantly improve environmental sustainability and help protect our ecosystem.”

Earlier this year StandardAero hired Brian Skrobarcek, an industry sustainability expert, to serve as its dedicated vice president of environment, health, safety and sustainability and global head of ESG. Skrobarcek is leading the charge to drive a multi-pronged environmental sustainability and governance strategy. Working with other industry and environmental experts, he will be adopting best practices and establishing a detailed framework for achieving the company's goals.

“Reducing our carbon footprint isn't just about StandardAero,” explains Skrobarcek. “We think globally. A global perspective encompasses supplier, partner and customer commitments toward environmental sustainability. We are expanding our efforts to include other sustainability focus areas including test cells, procurement, logistics and ultimately our products and services. In the future, we will expect all of our constituents to be driving toward the same vision. Together, we will create the solutions that make a difference.”

StandardAero's sustainability efforts are tightly aligned with the company's equity sponsor, Carlyle. StandardAero is also working closely with other Carlyle portfolio companies to collaborate on efforts to achieve similar goals.

“Improving our world is a chain reaction. Imagine the role we can play by holding ourselves accountable and setting the example for others to achieve the same net zero carbon goal by 2050," adds Ford. "Preserving our world is essential. The reality is we have no other choice but to act.”