AEM Unveils New Sustainability Toolkit to Advance Industry Efforts to Support a More Sustainable World
MILWAUKEE – Sept. 19, 2022 – The Association of Equipment Manufacturers (AEM) today unveiled its equipment industry Sustainability Toolkit that provides assessments and resources to help manufacturers and their supply chains minimize operational impact on the environment. The purpose of the toolkit is to advance the equipment manufacturing industry’s efforts to align with evolving regulation and support a more sustainable world.
“AEM is committed to serving as a catalyst for transformation in the equipment manufacturing industry,” said AEM President Megan Tanel. “The AEM Sustainability Toolkit is a resource to help our member companies take action to deliver lasting change to protect the environment, align with evolving regulations, and accelerate their ability to remain competitive and sell their products globally.”
Available now, the AEM Sustainability Toolkit can be accessed by visiting https://www.aem.org/sustainability-toolkit.
Assessments Available in the AEM Sustainability Toolkit
The toolkit features several assessments designed to help company leaders navigate the evolving sustainability landscape and identify areas for improvement:
1. Sustainability Maturity Model Assessment – This assessment encompasses the aspects of an organization’s business through a list of attributes. By taking this assessment, an organization can determine where it falls on the maturity model and develop an action plan to determine how to move forward. The toolkit offers action plans, tools, and best practices to implement under each of the four phases of the sustainability maturity model.
2. Supply Chain Readiness Assessment - This self-assessment addresses the range of Corporate Social Responsibility program elements that companies have implemented or are considering. This assessment provides a comparable measure of an organization’s sustainability readiness and indicates areas for potential improvement.
3. Operations Risk Assessment – This survey offers a high-level, common industry risk assessment tool used by OEMs and Tier1s to identify suppliers that pose risk to the supply chain.
“The AEM Sustainability Maturity Model assessment uses realistic attributes to help companies assess where they are in the identified four phases of sustainability maturity,” said Karen Cecil, director, Global Environmental Sustainability for Cummins, and chair of AEM’s Sustainability Council. “The assessments in the toolkit provide actionable best practices for improving sustainability opportunities and efficiency, plus minimizing risks.”
AEM’s Commitment to Supporting a More Sustainable World
As part of AEM’s 125+-year commitment to advancing societal and safety issues on behalf of the industry, the association established a Sustainability Council in 2020. The Sustainability Council is comprised of sustainability leaders from AEM member companies and together they work to provide a framework for the adoption of best practices and innovation to support the equipment manufacturing industry. AEM’s Sustainability Council has identified seven of the 17 United Nation’s Sustainability Development Goals to be priorities for the association and our member companies.
AEM is the North America-based international trade group representing off-road equipment manufacturers and suppliers with more than 1,000 companies and more than 200 product lines in the agriculture and construction-related industry sectors worldwide. The equipment manufacturing industry in the United States supports 2.8 million jobs and contributes roughly $288 billion to the economy every year.