The Aciturri 2023 Sustainability Report includes information on the company's economic, environmental, and social performance and its results.

Aciturri’s 2023 Sustainability Report is an account of our economic, environmental and social performance and its results between January 1st and Friday, December 31st, 2021 (consistent with the financial report), and is the seventh to be published (annually, since 2017). 

It has been prepared using the GRI standards as a reference and complies with the provisions of Law 11/2018, of December 28th, an amendment to the Code of Commerce. This revised text of the Capital Corporations Act was approved by Royal Legislative Decree 1/2010, of July 2nd, and Law 22/2015, of July 20, on accounts auditing regarding non-financial information and diversity, so it is also the company's Non-Financial Statements Report for 2023.

This document on non-financial statements was included as a separate item on the agenda for its approval by the Board of Directors on March 20th, 2024. It will be made publicly available upon filing with the Mercantile Registry and the annual accounts (as of July 1st, 2024).

The entities included in the preparation of this document are Aciturri Aeronáutica, S.L.U., Aciturri Aerostructures, S.L.U., Aciturri Aeroengines, S.L.U., Aciturri Engineering, S.L.U., Alestis Aerospace, S.L.U., Alestis do Brasil Industria Aeroespacial, Ltda, Alestis do Brasil Industria Aeroespacial, Ltda., Alestis Aerospace Services, S.L.U. and Malichaud Atlantique S.A.S. As the parent company, Aciturri Aeronáutica S.L.U. wholly owns the others.

Other companies are linked to Aciturri Aeronáutica: Caetano Aeronautic, S.A., owned 50%; Payload Aerospace, S.L., owned 15.04%; and Bound 4 Blue S.L., owned 2.23%. They are both independent organizations, so Aciturri doesn’t intervene in their management. This is why this report includes no information about them.

The corporate organization chart as of December 31, 2023, is as follows: 

Nacho Fernandez, Head of Communications and CSR at Aciturri, is the contact person for questions about this document (This email address is being protected from spambots. You need JavaScript enabled to view it.).

[2-6] The most significant change in the 2022 Sustainability Report's impact on the organization's activities and value chain is the integration of the aerostructures business management from Aciturri and Alestis and the integration of the Rochefort site management into the engine components business (Aciturri Aeroengines).

[3-1] This Sustainability Report (and the previous ones published by the company) has been drawn up considering the corresponding materiality analysis, which in turn follows the principles of stakeholder inclusion, sustainability context, materiality and completeness. We started compiling the content with two things in mind—the analyses the company had carried out among stakeholders, as well as their needs and expectations (dialogue model with these interest groups) and the commitments we took on as signatories of the United Nations Global Compact.

On this basis, a few organization members were selected to represent stakeholders in the 2017 report. These people individually identified the relevance, economic, environmental and social impact of each of the topics proposed by the GRI Standards, their importance, including those related to human rights, and their influence on the stakeholders’ evaluations and decisions.

This analysis was completed for the 2020 report, and the concept of risk management was introduced. This modifies the impact assessment (consequences × probability) and adds value thanks to the company's risk management in each area.

From that moment on, and annually, a new matrix review is carried out from a risk management perspective.

Exceptionally, for the report corresponding to 2023, a comparative study is carried out between the list of material issues historically considered in Aciturri's Sustainability Report and Alestis' own report. This exercise includes a new material topic, “Quality controls, internal and in the supply chain.”

The materiality matrix for 2023 is shown in the image.