TPI Composites Publishes Annual Sustainability Report Showcasing Its Commitments to Sustainable Operations
TPI Composites (TPIC) has released its 2024 sustainability report, showcasing significant progress in environmental and operational initiatives. The wind blade manufacturer achieved notable safety metrics with a Total Recordable Incident Rate of 0.13 and Lost Time Incident Rate of 0.05, both well below industry standards.
Key achievements include the introduction of BladeAssure™, their new quality standard for wind blades, and a 5% waste reduction in production. The company expanded its renewable energy footprint through a Power Purchase Agreement (PPA) in Mexico, powering 100% of regional sites, while maintaining renewable energy sourcing in India and Türkiye facilities.
The report highlights supply chain sustainability, with 94% of critical direct material suppliers aligning with TPI's environmental goals. The company also strengthened employee engagement through Global Values in Motion Awards and successfully met its annual engagement survey score targets.
TPI Composites (TPIC) ha pubblicato il suo rapporto sulla sostenibilità per il 2024, evidenziando progressi significativi nelle iniziative ambientali e operative. Il produttore di pale eoliche ha raggiunto metriche di sicurezza notevoli con un Tasso di Incidenti Registrabili Totali di 0,13 e un Tasso di Incidenti con Tempo Perso di 0,05, entrambi ben al di sotto degli standard di settore.
I risultati chiave includono l'introduzione di BladeAssure™, il nuovo standard di qualità per le pale eoliche, e una riduzione del 5% dei rifiuti nella produzione. L'azienda ha ampliato la sua impronta di energia rinnovabile attraverso un Contratto di Acquisto di Energia (PPA) in Messico, alimentando il 100% dei siti regionali, mantenendo nel contempo la fornitura di energia rinnovabile negli impianti in India e Turchia.
Il rapporto evidenzia la sostenibilità della catena di approvvigionamento, con il 94% dei fornitori di materiali diretti critici allineati con gli obiettivi ambientali di TPI. L'azienda ha anche rafforzato il coinvolgimento dei dipendenti attraverso i Global Values in Motion Awards e ha raggiunto con successo gli obiettivi di punteggio del sondaggio annuale di coinvolgimento.
TPI Composites (TPIC) ha publicado su informe de sostenibilidad 2024, mostrando un progreso significativo en iniciativas ambientales y operativas. El fabricante de palas eólicas logró métricas de seguridad notables con una Tasa Total de Incidentes Registrables de 0.13 y una Tasa de Incidentes con Tiempo Perdido de 0.05, ambas muy por debajo de los estándares de la industria.
Los logros clave incluyen la introducción de BladeAssure™, su nuevo estándar de calidad para palas eólicas, y una reducción del 5% en los desperdicios de producción. La empresa amplió su huella de energía renovable a través de un Acuerdo de Compra de Energía (PPA) en México, alimentando el 100% de los sitios regionales, mientras mantenía el abastecimiento de energía renovable en sus instalaciones de India y Turquía.
El informe destaca la sostenibilidad de la cadena de suministro, con el 94% de los proveedores críticos de materiales directos alineados con los objetivos ambientales de TPI. La empresa también fortaleció el compromiso de los empleados a través de los Premios Global Values in Motion y cumplió con éxito los objetivos de puntuación de su encuesta anual de compromiso.
TPI Composites (TPIC)는 2024 지속 가능성 보고서를 발표하며 환경 및 운영 이니셔티브에서 상당한 진전을 보여주었습니다. 이 풍력 블레이드 제조업체는 총 기록 가능한 사고율 0.13과 잃은 시간 사고율 0.05로 주목할 만한 안전 지표를 달성했으며, 두 수치 모두 업계 표준보다 훨씬 낮습니다.
주요 성과로는 풍력 블레이드를 위한 새로운 품질 기준인 BladeAssure™의 도입과 생산에서의 5% 폐기물 감소가 포함됩니다. 이 회사는 멕시코에서 전력 구매 계약(PPA)을 통해 재생 가능 에너지의 발자국을 확장하여 지역 사이트의 100%에 전력을 공급하며, 인도와 터키 시설에서도 재생 가능 에너지 조달을 유지하고 있습니다.
보고서는 공급망 지속 가능성을 강조하며, TPI의 환경 목표에 부합하는 94%의 주요 직접 자재 공급업체가 있습니다. 또한, 이 회사는 글로벌 가치 실천 상(Global Values in Motion Awards)을 통해 직원 참여를 강화하고 연간 참여 조사 점수 목표를 성공적으로 달성했습니다.
TPI Composites (TPIC) a publié son rapport de durabilité 2024, mettant en avant des progrès significatifs dans les initiatives environnementales et opérationnelles. Le fabricant de pales éoliennes a atteint des indicateurs de sécurité notables avec un Taux d'Incidents Enregistrables Total de 0,13 et un Taux d'Incidents avec Temps Perdu de 0,05, tous deux bien en dessous des normes de l'industrie.
Les réalisations clés incluent l'introduction de BladeAssure™, leur nouvelle norme de qualité pour les pales éoliennes, et une réduction de 5% des déchets en production. L'entreprise a élargi son empreinte d'énergie renouvelable grâce à un Contrat d'Achat d'Énergie (PPA) au Mexique, alimentant 100% des sites régionaux, tout en maintenant l'approvisionnement en énergie renouvelable dans ses installations en Inde et en Turquie.
Le rapport met en avant la durabilité de la chaîne d'approvisionnement, avec 94% des fournisseurs critiques de matériaux directs alignés sur les objectifs environnementaux de TPI. L'entreprise a également renforcé l'engagement des employés grâce aux Global Values in Motion Awards et a atteint avec succès ses objectifs de score d'enquête annuelle sur l'engagement.
TPI Composites (TPIC) hat seinen Nachhaltigkeitsbericht 2024 veröffentlicht, der bedeutende Fortschritte bei Umwelt- und Betriebsinitiativen zeigt. Der Hersteller von Windblättern erzielte bemerkenswerte Sicherheitskennzahlen mit einer Gesamtzahl der meldepflichtigen Vorfälle von 0,13 und einer Rate der verlorenen Zeitvorfälle von 0,05, beide weit unter den Branchenstandards.
Zu den wichtigsten Erfolgen gehört die Einführung von BladeAssure™, ihrem neuen Qualitätsstandard für Windblätter, sowie eine Abfallreduzierung von 5% in der Produktion. Das Unternehmen hat seine erneuerbare Energieversorgung durch einen Stromabnahmevertrag (PPA) in Mexiko ausgeweitet, der 100% der regionalen Standorte mit Energie versorgt, während es die Beschaffung erneuerbarer Energie in Indien und der Türkei aufrechterhält.
Der Bericht hebt die Nachhaltigkeit der Lieferkette hervor, wobei 94% der kritischen direkten Materiallieferanten mit den Umweltzielen von TPI übereinstimmen. Das Unternehmen hat auch das Engagement der Mitarbeiter durch die Global Values in Motion Awards gestärkt und die Zielvorgaben seiner jährlichen Engagement-Umfrage erfolgreich erreicht.
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SCOTTSDALE, Ariz., March 27, 2025 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (Nasdaq: TPIC), today published its 2024 sustainability report highlighting its progress on organizational and global impacts related to sustainability.
Bill Siwek, President, and CEO noted, “We remain committed to helping the world increase renewable energy production. As we advance our goals and strategy to prepare for the expected growth of wind energy, we will continue to be a steadfast industry leader, focused on creating a more sustainable and resilient future for generations to come.”
Highlights of the report include:
- Safety: Continued to enable a culture of safety and remain best in class with incident rates well below industry standards. Results exceeded our safety goals, achieving a Total Recordable Incident Rate (TRIR) of 0.13 and Lost Time Incident Rate (LTIR) of 0.05.
- Quality: Further integrated Quality as a core pillar of our organization through the Quality First and LEAN programs. Introduced BladeAssure™: the Gold Standard process for quality wind blades.
- Associates: Continued to pursue a culture of engagement through the Global Values in Motion Awards and global engagement surveys. Achieved our goal of sustaining or increasing the annual engagement and inclusion survey score.
- Waste: Achieved the
5% waste reduction production rate focused on optimizing production material usage. - Carbon Neutrality: Secured a power purchase agreement (PPA) in Mexico to power
100% of our sites in the region with renewable energy. Continued to source renewable energy for our India site from a PPA and for one of our Türkiye sites from on-site solar panels. - Supply Chain: Enhanced collaboration with suppliers by securing commitments from
94% of critical direct material suppliers to align with TPI's sustainability goals.
The report can be found in the Sustainability section of TPI’s website.
About TPI Composites, Inc.
TPI Composites, Inc. is a global company focused on innovative and sustainable solutions to decarbonize and electrify the world. TPI delivers high-quality, cost-effective composite solutions through long-term relationships with leading OEMs in the wind market. TPI is headquartered in Scottsdale, Arizona and operates factories in the U.S., Mexico, Türkiye, and India. TPI operates additional engineering development centers in Denmark and Germany and global service training centers in the U.S., France, United Kingdom, and Spain.
TPI Investor Relations
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investors@tpicomposites.com
FAQ
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