Howmet Aerospace Inc.
HWM.US | Manufacture of basic precious and other non-ferrous metals
Howmet Aerospace Inc. is a global leader in engineered metal products. The company primarily manufactures investment castings, fasteners, and forged components for aerospace, defense, and industrial applications. Their products are used in jet engines, airframes, and other critical systems. Howmet s...Show More
Better Health for All
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No evidence available to assess Howmet Aerospace Inc on Better Health for All.
Fair Money & Economic Opportunity
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Howmet Aerospace Inc. is a global leader in engineered metal products, manufacturing components for aerospace, defense, and industrial applications.
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The company does not offer lending, deposit, or other financial services to consumers. Therefore, all KPIs related to financial products, services, and customer financial outcomes are not applicable to its core business. The company does not have customer financial data, loan books, or financial service access points to evaluate against the rubric's criteria for financial institutions.
Fair Pay & Worker Respect
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In 2024, Howmet Aerospace Inc. reported a CEO to median employee pay ratio of 369:1.
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The company's Total Recordable Incident Rate (TRIR) was 0.63 in 2024, with zero fatal or serious injuries.
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In 2024, 100% of the company's locations had health care coverage arrangements for employees.
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The total female salary to male salary ratio was 96% for both Mid-Level Management and Professional roles in 2024.
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The voluntary employee turnover rate, including retirements, was 10.3% in 2024.
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In the past three years (2023-2025), the company had three substantiated labor-law violations, including one wage and hour violation and two workplace safety or health violations.
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Fair Trade & Ethical Sourcing
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No evidence available to assess Howmet Aerospace Inc on Fair Trade & Ethical Sourcing.
Honest & Fair Business
10
Howmet Aerospace maintains an Anti-Corruption Policy that prohibits bribery and corruption globally.
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Employees complete annual training and certify adherence to the Code of Conduct and anti-corruption policies, contributing to zero monetary losses from legal proceedings associated with corruption, bribery, or illicit international trade in 2024.
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The company also operates a 24/7 Integrity Line for employees to report concerns, which fielded 560 new concerns in 2024
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and resulted in 79 corrective actions.
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Howmet's Code of Conduct prohibits retaliation against employees who report concerns in good faith,
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and its Audit Committee oversees procedures for confidential, anonymous submissions.
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Kind to Animals
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No evidence available to assess Howmet Aerospace Inc on Kind to Animals.
No War, No Weapons
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Howmet Aerospace Inc. is a supplier of engineered solutions for the aerospace and defense industries, providing components for programs like the F-35
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. The company has a Human Rights Policy guided by international human rights principles
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and a Global Trade Compliance Program adhering to regulatory trade controls
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. However, the provided articles do not contain specific quantitative data or detailed policy implementation outcomes required to score any of the defined KPIs, such as the percentage of revenue from arms contracts, the scope of R&D investment in dual-use technologies, or the proportion of revenue allocated to peacebuilding initiatives.
Planet-Friendly Business
-10
In 2022, Howmet Aerospace reported Scope 1 and Scope 2 emissions totaling 0.8 million metric tons.
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The company achieved a 20% decrease in these emissions from its 2019 baseline to 2022.
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To support this progress, Howmet invested $42.3 million in energy efficiency projects in 2022.
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These projects are expected to save 300 million megajoules annually.
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Respect for Cultures & Communities
10
Howmet Aerospace has no reported cultural appropriation incidents. The company provides strong local language support, with its global Integrity Line available 24/7 in 12 languages for all stakeholders, including communities, and training and safety information provided in local languages.
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The Howmet Aerospace Foundation contributed $250,000 to the Frauenthal Preservation Campaign Fund to preserve and renovate a historic theater, demonstrating active protection measures for cultural sites.
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This contribution represents approximately 4.12% of the foundation's total grants of $6.062 million in 2024.
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In 2024, the company reinvested $320,000 in local community development, which is approximately 0.0043% of its $7.430 billion revenue.
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Safe & Smart Tech
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Howmet Aerospace has established internal policies for responsible AI usage and handling. The company's Privacy Notice outlines commitments to data protection, stating that personal data is not sold
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and confirming compliance with data protection laws
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. A Cybersecurity Committee, established in 2015, meets at least quarterly to review cybersecurity strategies
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. The company's risk management framework includes preventative controls, such as vulnerability assessments
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, and employs managed security services for threat monitoring
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. This framework aligns with NIST standards
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and is progressing towards Cybersecurity Maturity Model Certification
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. Past cybersecurity incidents did not affect critical data
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.
Zero Waste & Sustainable Products
-30
Howmet Aerospace reported a total residuals diversion rate of 57% in 2024
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, with 28% of its manufacturing locations achieving a diversion rate greater than 80%.
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Approximately 60% of the alloy content used in products is from recycled materials
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, and some alloys contain up to 100% recycled content.
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The company reduced chlorinated solvents in non-laboratory settings by 69%.
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Its Wichita Falls, Texas facility found markets for 97% of materials formerly disposed of as hazardous waste
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and sends 100% of captured dust to a nickel recovery operation.
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Hazardous waste intensity decreased by 23% since the 2022 baseline
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, and 25% of manufacturing locations generate less than 10 metric tons of hazardous waste.
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In 2024, the company reported zero significant environmental fines or penalties.
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Howmet requires all suppliers to adhere to its Supplier Code of Conduct, which covers environmental aspects
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, and assesses their ESG maturity through third-party evaluations, targeting a minimum score of 40.
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