CORPORATE RESPONSIBILITY AT TEXTRON

OUR VALUES

At Textron we are committed to the values of integrity, respect, trust and pursuit of excellence in all our employee, business and community relationships. We are also dedicated to ensuring workplace safety and the health of our employees, to reducing our impact on the environment and to improving the sustainability of our products and operations. We carry out the Company’s business with fairness, honesty, integrity and high ethical standards, and in compliance with the laws and regulations of the countries in which we conduct business. These standards govern our conduct when making decisions which affect Textron.

This is demonstrated in our relationships with:

  • CUSTOMERS
    We maintain a laser-sharp focus on anticipating, understanding and addressing our customers’ needs. This applies to all of us, regardless of the role we play in the organization.
  • EMPLOYEES
    We value the differences among our employees. These differences enrich the workplace and improve our ability to attract employees and work with customers in today’s global marketplace. We strive for an environment in which every employee is respected and valued, and we encourage the full contribution of all employees to make our Company stronger.
  • BUSINESS PARTNERS
    Textron’s business partners are an extension of our Company and are chosen and monitored carefully. When agents, sales representatives, dealers, distributors, consultants and joint venture partners are engaged in Textron business, they are required to comply with applicable laws and to adhere to standards of business conduct consistent with the Textron Business Conduct Guidelines.
  • SUPPLIERS
    We work to build strong business relationships with our suppliers based on lawful, honest business practices and the best interests of Textron and our customers. Our purchasing decisions are always based on appropriate business criteria such as price, quality, technical leadership, reliability and the reputation of the supplier.
  • COMMUNITY
    Through volunteerism, philanthropic giving and the non-profit Textron Charitable Trust, we support a wide variety of charitable organizations and community interests in the places we do business, work and live.
TEXTRON AT A GLANCE IN 2020

Revenues:

$11.7
billion

Employees:

33,000

Fortune 500
Rank:

236

NYSE Symbol:

TXT

INNOVATIVE COLLABORATION AWARD

Trails for bird enthusiasts. Open space that doubles as science “classrooms” for local students. Fields for athletic activities. Wetlands revegetated with native plants and a wildflower garden. These are but a few of the welcoming features of Providence, R.I.’s Mashapaug Pond Park—formerly the site of the Gorham Manufacturing Co.—a renowned silver manufacturer founded in the 19th century.

Textron owned Gorham for nearly 20 years, selling it in 1985. The new owners moved the operations, but after being the site of metal manufacturing operations for close to a century, residual environmental impacts to soil, groundwater and a portion of Mashapaug Pond remained, which Textron was responsible to address.

Working in tandem with state and city officials, school administrators, area residents and local nonprofit organizations, Textron developed and implemented a phased remediation plan that helped lead to the creation of Mashapaug Pond Park.

Stakeholders marked the end of the project with an official ribbon-cutting ceremony. Reaction to this transformed site was overwhelmingly positive. Attendees used words like “awesome,” “amazing” and “wonderful” to describe the new park.

For its efforts in turning this land that was unsuitable for public use into a neighborhood gem, Providence Business News honored Textron with an Innovative Collaboration Award.

At Textron, corporate responsibility is at the heart of all we do. Recognition at a national and local level is a testament to our unwavering commitment to sustainable business practices, our employees’ well-being and healthy and thriving communities.

  • Forbes’ 2020 World’s Best Employers (#133)
  • A- rating at the leadership level by CDP (formerly Carbon Disclosure Project)
  • Providence Business News’ Innovative Collaboration Award
  • Pledge to America’s Workers Presidential Award
  • 2020 Women on Boards Winning Company