Climate Change Data

Morgan Lewis

Climate Impact & Sustainability Data (2023)

Reporting Period: 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

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Not disclosed

Social Achievements

  • Not disclosed

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Net-zero GHG emissions by 2050 (various industry commitments and government plans)
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • EU mandate for 2% SAF blend by 2025, increasing to 70% by 2050; U.S. goal of at least 3 billion gallons of SAF per year by 2030

Environmental Challenges

  • Decarbonizing the aviation industry due to the scale of the issue, balancing profit with expenses for low-carbon fuels and new technologies, lack of a cohesive U.S. federal policy on SAF, lack of universal sustainability criteria for SAF, risk of greenwashing.
  • No universal standard to quantify emissions avoided or reduced by carbon offsets, no universal registry tracking carbon offsets, potential for greenwashing and related litigation.
Mitigation Strategies
  • Use of SAF (sustainable aviation fuel), carbon offsets (CORSIA), EU regulations mandating SAF use, U.S. Aviation Climate Action Plan and Airports Climate Challenge, policy framework to enhance SAF sustainability (U.S. government), industry advocacy for policy support and incentives for SAF production, increased regulatory oversight of carbon markets, improved climate-related disclosures (SEC proposal).

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Regulatory changes, market shifts
Opportunities
  • Development of energy-efficient products and technologies

Reporting Standards

Frameworks Used: Null

Certifications: ASTM D7566

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Goal 7 (Affordable and Clean Energy)
  • Goal 13 (Climate Action)

SAF production and use, emission reduction targets contribute to these goals.

Sustainable Products & Innovation

  • SAF

Awards & Recognition

  • Not disclosed