Aviation Capital Group LLC
Climate Impact & Sustainability Data (2021, 2022, 2023-09-30, Q2 2024)
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Environmental Sustainability
- Diversity, Equity & Inclusion
- Corporate Governance
Environmental Achievements
- Invested over $5 billion in new technology aircraft since 2016 (50% of net book value of owned fleet).
- 100% of orderbook consists of fuel-efficient, new technology narrowbody aircraft.
- Implemented initiatives to reduce paper waste, recycle, and conserve energy in offices.
- Supported Airbus SAF Fund.
Social Achievements
- Maintained a diverse workforce representing over fifteen nationalities.
- Provided competitive benefits, wellness initiatives, and company perks.
- Supported various charities promoting diversity and inclusion (Airlink, ISTAT Foundation).
- Established a Diversity and Inclusion Fund with the ISTAT Foundation.
Governance Achievements
- Ethnically diverse Board with over 140 years of collective experience and a female Executive Chair.
- Implemented a whistleblower policy with an anonymous hotline and website.
- Provided various employee training programs on anti-harassment, compliance, and ethics.
Climate Goals & Targets
Environmental Challenges
- Supply chain disruptions due to the worldwide pandemic.
Mitigation Strategies
- Buyer Furnished Equipment Department supported Airbus and Boeing with on-time part deliveries.
- Collaboration and open discussions with suppliers on best practices regarding sustainability.
Supply Chain Management
Responsible Procurement
- Collaboration and engagement in open discussions on best practices with suppliers regarding sustainability and industry-leading initiatives.
Climate-Related Risks & Opportunities
Opportunities
- Development of energy-efficient products and services (eVTOLs, SAF).
Reporting Standards
Frameworks Used: GRI
Sustainable Products & Innovation
- Fuel-efficient aircraft
- eVTOLs
Awards & Recognition
- Finalist for the “Corporate Responsibility” award from the Association for Corporate Growth, Orange County division (2021).
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:5,456,412 t CO2e (Scope 3 from owned aircraft)
Scope 3 Emissions:5,456,412 t CO2e
ESG Focus Areas
- Climate Action
- Sustainable Aviation
- Innovation
- Talent Attraction & Retention
- Employee Health & Wellbeing
- Diversity, Equity, & Inclusion
- Business Ethics & Compliance
- Industry Partnerships
- ESG Strategy
- Operational Efficiency
Environmental Achievements
- Invested in fuel-efficient, technologically advanced narrowbody aircraft representing 56% of owned fleet (based on net book value) and 100% of orderbook.
- Partnered with Volocopter to accelerate electric aircraft market development.
- Invested in United Airlines Ventures Sustainable Flight Fund to advance sustainable aviation fuels production.
- Launched Aircraft Leasing Ireland’s Sustainability Charter.
- Introduced new technology aircraft into fleet, supporting airline operations with latest fuel-efficient and quieter aircraft.
Social Achievements
- Expanded training and development opportunities for employees.
- Implemented various employee wellbeing initiatives, including monthly newsletters, hybrid work schedule, and new parent transition time.
- Established a Diversity and Inclusion Fund with ISTAT Foundation.
- Conducted an employee engagement and satisfaction survey.
- Supported community investment through Helping Hands working group and charitable matching program.
Governance Achievements
- Established an ESG Working Group.
- Maintained zero material violations of law.
- Implemented robust cybersecurity policies and procedures.
- Provided multiple options for reporting workplace violations.
Climate Goals & Targets
Long-term Goals:
- Support aviation industry's 2050 net-zero target.
Environmental Challenges
- Supply chain disruptions affecting the aviation industry.
Mitigation Strategies
- Maintained open communication with parts suppliers and aircraft OEMs to navigate supply chain issues.
Supply Chain Management
Responsible Procurement
- Collaboration with suppliers to address supply chain disruptions.
Climate-Related Risks & Opportunities
Opportunities
- Development of energy-efficient products and services.
Reporting Standards
Frameworks Used: GRI
Reporting Period: 2023-09-30
Environmental Metrics
ESG Focus Areas
- Sustainable Aviation Fuel Investment
- Sustainability Materiality Assessment
- Community Involvement
- Sponsorships
Social Achievements
- Community Involvement
- Sponsorships
Governance Achievements
- Sustainability Materiality Assessment
- ALI Member Company
Climate Goals & Targets
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: Q2 2024
Environmental Metrics
ESG Focus Areas
- Sustainability