Lufthansa Innovation Hub
Climate Impact & Sustainability Data (2018 to 2023)
Reporting Period: 2018 to 2023
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Sustainability
- Operational Efficiency
Environmental Achievements
- Aviation's sustainability investments have tripled since 2019, now accounting for over 30% of all deals.
Social Achievements
- Not disclosed
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- IATA member airlines' 2021 resolution to achieve net-zero carbon emissions by 2050.
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Rising global interest rates leading to diminished VC funding.
- Stringent regulatory controls and thin profit margins in aviation.
- Staffing shortages across the travel and mobility sectors.
- High costs associated with flight delays and cancellations in aviation.
Mitigation Strategies
- Shifting focus from VC funding to corporate investments.
- Investing in technologies and platforms that streamline internal processes and enhance efficiency.
- Investing in technologies to alleviate staff shortages and other operational inefficiencies.
- Investing in sustainable aviation fuels (SAF) and emissions monitoring and offsetting technologies.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed