AAON, Inc..
AAON.US | Manufacture of other general-purpose machinery
AAON, Inc. is a manufacturer of air conditioning and heating equipment. The company specializes in producing semi-custom/custom HVAC (heating, ventilation, and air conditioning) equipment for commercial and industrial markets. Their product line includes rooftop units, chillers, packaged units, coil...Show More
Better Health for All
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AAON's core business, HVAC solutions, significantly contributes to health by improving indoor air quality, mitigating disease spread, and maintaining patient comfort in critical infrastructure like hospitals. In 2020, AAON shipped over 5,000 tons of HVAC systems to more than 200 pandemic-related projects.
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Its products are designed to accommodate ASHRAE recommended MERV 13 filtration, UV lighting, and precise humidity control.
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The company has eliminated R134a in its foaming process and switched to lower VOC paint.
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However, 63% of AAON’s sales are currently from natural gas-fueled units, which have indirect negative health impacts, though the company aims for 80% non-fossil fuel revenue by 2030.
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AAON invested $43.7 million in sustainable research and design in 2023.
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The company offers tobacco cessation support, nutrition information, and stress management resources to its team members, and all facilities are tobacco and e-cigarette free.
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AAON provides an Employee Assistance Program (EAP) and offers Question, Persuade, Refer (QPR) suicide prevention training and mental health awareness sessions.
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During the COVID-19 pandemic, AAON was considered a critical infrastructure industry.
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The company collects and processes personal information in accordance with applicable privacy laws.
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Fair Money & Economic Opportunity
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AAON, Inc. is a manufacturer of HVAC equipment.
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Therefore, the company does not offer lending or deposit services to consumers, nor does it have APRs, fee structures, or a loan/insurance book to evaluate.
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There is no evidence of revenue from high-cost financial products, direct impact on customer credit or savings outcomes, or financial products requiring disclosure or explanation.
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The company does not operate financial service access points or provide debt products to consumers.
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While AAON has extensive employee diversity and inclusion programs,
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these do not relate to financial inclusion for external clients.
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Fair Pay & Worker Respect
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For the 2024 fiscal year, the CEO to median employee pay ratio was 67:1.
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The company states that its employees are not represented by unions or other collective bargaining agreements.
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The Total Recordable Incident Rate (TRIR) was 5.5 in 2023 and 4 in 2024.
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The voluntary employee turnover rate was 54% in 2023 and 28% in 2024.
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The employee engagement survey response rate was 56% in both 2023 and 2024.
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Fair Trade & Ethical Sourcing
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No specific quantitative data points were found in the provided articles to assess AAON.US against the defined KPIs for Fair Trade & Ethical Sourcing. The articles discuss internal diversity and inclusion initiatives and a conflict minerals policy, but do not provide metrics such as percentages of fair-trade certified spend, audit frequencies, number of labour incidents, traceability coverage, remediation speeds, ethical clause coverage in contracts, share of spend on high-risk materials, or supplier diversity spend.
Honest & Fair Business
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AAON has a compliance hotline (1-800-254-0475) for reporting violations and procedures for confidential and anonymous submissions regarding accounting, internal controls, and audit matters.
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The company states that retaliation for good-faith reports is not allowed.
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However, there is no explicit evidence of independent investigation processes. AAON has not had any financial restatements in the past five years.
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The board consists of 75% independent directors, with two directors not qualifying as independent.
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AAON has a Code of Business Conduct and Ethics and a Contractor Code of Conduct, which addresses the Foreign Corrupt Practices Act (FCPA) and prohibits payments to government officials.
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However, there is no evidence of training frequency or effectiveness metrics. The company does not externally assure its sustainability data.
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However, its Norman Asbjornson Innovation Center research and development laboratory is accredited by AMCA, and a third-party lab confirms refrigerant purity.
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Kind to Animals
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The provided articles detail AAON's environmental sustainability efforts, including renewable energy consumption, GHG emissions reduction goals, and refrigerant changes
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, as well as social impact initiatives such as volunteer hours and nonprofit contributions.
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However, none of the articles contain any specific data or information regarding the company's practices related to animal welfare, animal testing, animal-derived ingredients, or wildlife conservation.
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Therefore, no KPIs under the 'Kind to Animals' value can be scored based on the evidence provided.
No War, No Weapons
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AAON, Inc. manufactures air conditioning and heating equipment for commercial and industrial markets. There is no evidence of the company's involvement in arms manufacturing, military contracts, or conflict facilitation.
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The company has a Conflict Minerals Policy and publishes a 2023 Conflict Minerals Report, which requires its suppliers to demonstrate compliance with the SEC's Conflict Minerals Rule regarding gold, tin, tantalum, tungsten, and their derivatives from the Democratic Republic of Congo and adjoining countries.
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AAON performs regular due diligence with its suppliers to verify this compliance.
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Planet-Friendly Business
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AAON sources 36% of its total energy consumption from renewable sources.
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The company has a stated target to reduce GHG emissions by 10% by 2025 and aims for 80% non-fossil fuel products by 2030.
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In 2022, 8% of the metals used were recycled.
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The company's Exploration Center is a net-zero facility, considered one of the most sustainable and energy-efficient buildings in Oklahoma.
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Respect for Cultures & Communities
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The provided articles primarily detail AAON's corporate governance, internal diversity and inclusion initiatives, and environmental sustainability efforts. No specific, quantitative data was found regarding AAON's formal partnerships with indigenous or local community groups, reinvestment in local community development, cultural appropriation incidents, cultural impact assessment protocols, local employment ratios, community grievance mechanisms, FPIC participation, community governance inclusion, cultural preservation investment, local procurement, indigenous supplier engagement, cultural site protection, social license to operate, charitable giving to cultural heritage organizations, community fund allocation, language inclusivity, cultural incident response, or cultural sensitivity training completion.
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Safe & Smart Tech
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AAON provides users with the ability to manage preferences or unsubscribe from marketing emails and offers a Cookie Consent Manager.
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The company states it respects the legitimate right to privacy and collects, uses, and processes personal information in accordance with applicable privacy laws.
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It also commits to compliance with regulations such as the Dodd-Frank Wall Street Reform and Consumer Protection Act and the Conflict Minerals Rule.
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Most of its controls are Underwriters Laboratories category ZPV12 compliant and BACnet Testing Laboratories certified, and its economizer function is California Title 24 certified.
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AAON maintains a vulnerability management process, conducts vulnerability scans, penetration tests, and system configuration reviews, and performs internal and external audits and tabletop incident response exercises to assess cybersecurity readiness.
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Zero Waste & Sustainable Products
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AAON reported a 17% increase in metal recycling in 2021 compared to 2020.
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The company also saw a 5% decrease in hazardous waste recycling from 2020 to 2021.
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AAON plans to reduce GHG emissions by 10% by 2025,
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but this is a forward-looking statement for GHG emissions, not a specific, achieved waste reduction target. No waste disposal violations were mentioned in the provided articles.