Better Health for All

Astec Industries' core products, heavy equipment for road building and aggregate processing, are not directly health-related, leading to a neutral score for health impact. The company's Total Recordable Injury Rate (TRIR) was 1.27 in 2023 and 1.66 in 2024, which compares favorably to the U.S. Bureau of Labor Statistics’ 2023 industry average of 3.7 for construction machinery manufacturing.

Astec received three Gold, two Silver, and three Commendation safety awards from its insurance carrier. The company has an ESG Data Governance Policy and requires all safety observations to be addressed within 24 hours. It invests in developing dynamic, data-driven energy modeling platforms and AI models to enhance product innovation. Astec offers an Employee Assistance Program (EAP) for mental health support and counseling, and provides free access to SupportLinc for substance abuse resources. During the COVID-19 pandemic, Astec formed a task force in March 2020 and suspended some international operations, while its U.S. operations were deemed 'Critical Manufacturing'. The company also offers comprehensive benefits, including health coverage, parental leave, and tuition reimbursement, and provides EHS training and on-site occupational health services.

Fair Money & Economic Opportunity

Astec Industries, Inc. is an industrial manufacturing company that produces equipment for road building and aggregate processing.

The ethical value 'Fair Money & Economic Opportunity' is designed to assess financial institutions and their impact on financial inclusion, lending practices, and wealth building for underserved populations. The provided articles do not contain any evidence that Astec Industries, Inc. engages in activities related to lending, insuring, moving, or storing money, nor do they offer financial products or services to consumers. Therefore, none of the KPIs under this value are applicable or have relevant evidence to be scored.

Fair Pay & Worker Respect

In 2024, Astec Industries reported a CEO to median employee pay ratio of 53:1.

Approximately 12% of the global workforce was covered by collective bargaining agreements in 2024. The company's 2024 Total Recordable Injury Rate (TRIR) was 1.66, which increased from 1.27 in 2023, but compares favorably to the U.S. Bureau of Labor Statistics’ 2023 industry average of 3.7 for construction machinery manufacturing. The 2024 global employee engagement survey had an 83% participation rate, and the overall engagement index increased by 5% since the 2022 survey. The voluntary employee turnover rate was 29% in 2024, up from 26% in 2023, but remains below the U.S. Bureau of Labor Statistics’ rates for Manufacturing – Durable Goods. The company provides healthcare and insurance benefits, and in 2024, eliminated the working spouse rule, making all spouses eligible for Astec’s coverage.

Fair Trade & Ethical Sourcing

Astec Industries has a zero-tolerance policy for human trafficking and illegal labor practices in its supply chain.

The company conducts indirect assessments of forced labor risks through its conflict minerals due diligence process. The Supplier Code of Conduct, which includes ethical employment practices and prohibition of forced and child labor, is a clear expectation for current and potential suppliers. Suppliers must comply with Astec’s Core Values, Code of Business Conduct and Ethics, Conflict Minerals Policy, California Transparency in Supply Chain Act, and contract terms and conditions. Astec files Form SD with the SEC related to Conflict Minerals (2014-2024) and requires suppliers to cooperate in due diligence requests regarding their origin, including using CFSI designated Conflict-Free Smelters when sourcing from the DRC region. However, no specific percentage of procurement budget directed to indigenous, minority, or local community suppliers is provided, and the company only encourages suppliers to value small and diverse businesses.

Honest & Fair Business

Astec Industries, Inc. maintains a comprehensive whistleblower policy, communicated to all employees, officers, directors, and third parties, which includes a 24/7 anonymous hotline and a no-retaliation policy.

The company reported one immaterial financial error in its historical financial statements during the first quarter of 2023, which was corrected and resulted in a $1.9 million decrease in cost of sales. The company's Code of Conduct and Ethics requires directors, officers, and employees to disclose and obtain written clearance for significant financial interests (1% or more stock ownership) in third parties, and for executive officers or board members, conflicts of interest are disclosed to the Board of Directors. The company has a comprehensive anti-corruption policy, including a zero-tolerance stance on bribery and corruption, and abides by anti-corruption laws such as the U.S. Foreign Corrupt Practices Act and the UK Bribery Act. It also conducts diligence on suppliers to assess compliance with its Supplier Code. However, there is no explicit evidence of the percentage of ethical claims independently verified, beyond general supplier diligence.

Kind to Animals

Astec Industries, Inc. manufactures heavy equipment, a business model that does not typically involve animal testing, animal-derived ingredients, or animal husbandry. Therefore, most animal welfare KPIs are not applicable to its operations. The company's Supplier Code of Conduct and Code of Business Conduct and Ethics do not explicitly mention animal welfare, animal testing, or related topics.

While Astec employees participated in a single cleanup effort of a body of water, removing trash and debris, this activity does not provide measurable biodiversity impact or species recovery metrics required for the wildlife conservation KPI. No specific information is available regarding animal welfare in supplier audits or R&D investment in animal-free technologies.

Planet-Friendly Business

The company reported total Scope 1 and 2 emissions of 34,550 MT CO₂e in 2024, an increase from 31,522 MT CO₂e in 2023.

It has started identifying key categories for Scope 3 emissions but has not fully reported them. The company has no documented science-based reduction targets or climate pledges. Its Belo Horizonte, Brazil site has a 500 kW rooftop solar installation expected to offset 95% of that site's electricity costs, and it installed its first solar panel project at the Johannesburg, South Africa site, but a company-wide percentage of renewable energy is not provided. The company's equipment can produce pavement mixes with up to 70% recycled asphalt pavement (RAP) content. It reported no environmental violations requiring disclosure in both 2023 and 2024. The company partners with the National Asphalt and Pavement Association’s (NAPA) Road Forward Initiative, which targets net-zero asphalt by 2050, but has no publicly committed net-zero target year for its own operations. There is no specific evidence of the company's TCFD alignment, climate scenario analysis, or transparency regarding climate-related stranded asset risks.

Respect for Cultures & Communities

Astec Industries has established at least five formal partnerships with local community groups, including United Way Chile, Espaço Transformar Social Project, United Way of Greater Chattanooga, Hamilton County’s Future Ready Institutes, and Sparrow Clubs.

No cultural appropriation incidents were reported. The company provides multiple channels for reporting potential violations, including a 24/7 third-party Whistleblower Hotline, but specific community grievance mechanisms are not detailed for all sites. A Community Impact Committee was launched in 2024. All eligible employees completed Code of Conduct training in 2023 and 2024, and human rights awareness courses are provided, but specific cultural sensitivity training completion rates are not provided. The Global Code of Conduct and Ethics is available in multiple languages.

Safe & Smart Tech

Astec Industries has no documented data breaches, with a third-party report stating no recent security news or data breaches.

All employees are required to complete annual information security training. Users can request access, correction, or deletion of personal information by email or phone. The company uses Rublon's 2FA to secure access to VPN, SSH, internal tools, and cloud applications. Astec's privacy policy claims compliance with GDPR.

Zero Waste & Sustainable Products

Astec Industries has implemented several waste reduction initiatives, including the use of solvent distillers at painting sites to recover solvents, encouraging team members to gather old electronics for proper e-waste disposal, a team at Astec Thornbury collecting over 500 pounds of trash and 40-50 pounds of scrap metal for recycling, and repurposing asphalt rotary drying technology for biosolids processing.

The company's Heatec HCS thermal oil system is used in hydrothermal carbonization for wastewater treatment, which transforms sewage sludge into hydrochar, reducing hazardous waste. Astec's ReMix™ Cold Central Plant Recycling System is built on decades of expertise, producing reliable performance through field-proven technology, indicating excellent product durability. The system is also designed for easy access, ensuring less downtime and more uptime, which contributes to repairability. Astec audits sites to ensure compliance with environmental laws and regulations, conducting annual waste audits for major facilities. The company reported no environmental violations requiring disclosure in 2023 and 2024. Astec has a company-wide waste reduction target to achieve net-zero asphalt by 2050 through a partnership with the National Asphalt and Pavement Association’s (NAPA) Road Forward Initiative. The company also has waste requirements for all tier-1 suppliers, with a 100% audit rate for strategic suppliers, assessing 18 new suppliers in 2023 and 27 in 2024.