Textron Publishes 2024 Corporate Responsibility Report Showcasing Progress in Sustainability, Workforce Development, and Ethical Governance
Textron Inc. a global multi-industry leader known for its powerful brands such as Bell, Cessna, Beechcraft, and Textron Systems, has officially released its 2024 Corporate Responsibility Report, detailing the company’s continued efforts and significant milestones in environmental sustainability, workforce development, and corporate governance.
The annual report reflects Textron’s holistic approach to corporate responsibility and its dedication to integrating environmental, social, and governance (ESG) principles into its global operations. This latest edition underscores how Textron’s commitment to sustainability and ethical leadership is tightly interwoven with its business success and long-term value creation.
“This comprehensive review highlights our commitment to corporate citizenship and how this connects directly to business success, ultimately driving long-term value for all stakeholders,” said Scott C. Donnelly, Textron Chairman and CEO. “I’d like to thank our 34,000 employees for their unwavering commitment to innovation, sustainability, and the core values that define Textron—integrity, respect, trust, and the pursuit of excellence.”
Environmental Leadership: Meeting 2025 Goals Ahead of Schedule
Textron’s 2024 Corporate Responsibility Report emphasizes a year of measurable progress in reducing its environmental footprint. Notably, the company achieved all four of its Achieve 2025 sustainability goals—one year ahead of schedule—on an intensity basis. These goals, focused on reducing greenhouse gas emissions, energy consumption, waste, and water use, are part of Textron’s broader climate action strategy.
Key environmental achievements include:
- 33% reduction in greenhouse gas (GHG) emissions intensity.
- 14% decrease in energy use intensity.
- 25% drop in waste generation intensity.
- 12% reduction in absolute water use.
Textron also made considerable strides in renewable energy adoption, with 43% of its electricity usage in 2024 sourced from renewable energy. This transition is part of the company’s ongoing efforts to decarbonize its operations and support the global shift toward clean energy.
Moreover, the company executed over 300 environmental improvement projects globally in 2024. These initiatives are expected to result in $3.8 million in annual cost savings, reinforcing that sustainability and operational efficiency can go hand-in-hand.
Investing in People: Empowering a Global Workforce
Recognizing that its workforce is the driving force behind innovation and operational excellence, Textron continues to invest in employee development and engagement. The 2024 report outlines the company’s commitment to cultivating talent and supporting continuous learning and inclusion.
Some standout achievements in the People category include:
- 83% of Textron’s 2024 interns were offered either a full-time position or a second internship, reflecting the company’s strong talent pipeline.
- Through its Education Assistance Program, Textron reimbursed over $6.4 million to more than 1,300 employees, supporting their continued education and professional growth.
- A total of 32,029 employees participated in various forms of professional and technical training in 2024.
These investments in employee development reflect Textron’s broader mission to foster a culture of lifelong learning, career mobility, and innovation. The report also touches on the company’s emphasis on workplace safety, employee wellness, and fostering a diverse and inclusive environment, although further details may be included in the full report.
Strengthening Governance: Ethics and Compliance at the Core
Textron’s commitment to strong corporate governance is rooted in transparency, accountability, and ethical conduct across all levels of the organization. In 2024, the company made important strides in reinforcing its governance frameworks and compliance programs.
One of the notable initiatives was the introduction of a new online training course centered around Textron’s Business Conduct Guidelines. This updated training module helps employees understand and apply the company’s core ethical principles in their daily work.
In addition:
- Employees completed over 137,999 hours of online training and 14,452 hours of live training focused on ethics and compliance topics.
- The company continued to promote a “speak-up” culture, encouraging employees to raise concerns or report misconduct through confidential reporting channels.
These efforts ensure that Textron’s workforce is not only well-versed in legal and ethical standards but also empowered to uphold the highest level of integrity in all aspects of the business.
A Responsible Future
The 2024 Corporate Responsibility Report paints a picture of a company that is proactive, data-driven, and deeply committed to sustainable growth. Textron’s early achievement of its environmental targets, along with meaningful investments in its people and robust governance, sets the stage for continued progress in the years ahead.
In closing, Donnelly reaffirmed Textron’s future-forward vision: “We are proud of what we’ve accomplished, but we know the work never stops. Our journey toward greater sustainability, stronger communities, and ethical excellence is ongoing—and it is integral to our continued success.”
The full 2024 Corporate Responsibility Report is now available on the company’s official website and provides a more detailed look into the strategies, metrics, and case studies behind Textron’s ESG achievements.
