JetBlue Airways Corporation
Climate Impact & Sustainability Data (2019, 2019-2020, 2021, 2022)
Reporting Period: 2019
Environmental Metrics
Total Carbon Emissions:10,529,685 tCO2e/year
Scope 1 Emissions:8,730,756 tCO2e/year
Scope 2 Emissions:25,944 tCO2e/year
Scope 3 Emissions:1,772,985 tCO2e/year
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
- Climate Change
- Social Impact
- Governance
Environmental Achievements
- Improved 2.2% in Scope 1, 2, and 3 CO2e emissions on an intensity basis due to more fuel-efficient aircraft.
Social Achievements
- Not disclosed
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- COVID-19 pandemic and its impact on ESG strategies and budgets; climate risk as a risk multiplier for pandemics.
Mitigation Strategies
- Staged approach to reducing carbon emissions: 1. Fuel-efficient fleet and optimized operations; 2. Carbon offsets; 3. Sustainable aviation fuel; 4. Investment in low-carbon travel solutions.
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: SASB, TCFD
Certifications: Null
Third-party Assurance: iCompli Sustainability, a division of BPA Worldwide
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2019-2020
Environmental Metrics
Total Carbon Emissions:8,730,756 tCO2e (2019); 4,063,538 tCO2e (2020)
Scope 1 Emissions:4,061,189 tonnes CO2e (2020)
Scope 2 Emissions:23,758 tonnes CO2e (2020)
Carbon Intensity:138.8 scope 1 emissions per ASM (2020)
ESG Focus Areas
- Governance
- Environmental
- Social
Environmental Achievements
- Achieved domestic carbon neutrality in 2020 through carbon offsetting.
- Began regularly flying on sustainable aviation fuel (SAF) from San Francisco International Airport, reducing lifecycle emissions up to 80% per gallon.
Social Achievements
- Launched Diversity Leadership Council and a company-wide focus on addressing biases and inequalities.
- Maintained a no-furlough policy for frontline crewmembers during the COVID-19 pandemic.
Governance Achievements
- Established an ESG Subcommittee of the Board of Directors for focused discussion and advancement of ESG issues.
- Linked senior leadership executive compensation to strategic short and medium-term ESG KPIs.
Climate Goals & Targets
Long-term Goals:
- Achieve net zero carbon emissions by 2040, including offsets.
Medium-term Goals:
- Achieve 10% SAF by 2030.
- Convert 50% of 3 most common owned ground service equipment vehicle types to electric by 2030.
Short-term Goals:
- Reduce aircraft emissions 25% per available seat mile (ASM) by 2030 from 2015 levels, excluding offsets.
- Convert 40% of 3 most common owned ground service equipment vehicle types to electric by 2025.
Environmental Challenges
- Supply chain disruptions due to extreme weather events and the COVID-19 pandemic.
- Increased use of single-use plastics due to COVID-19 safety measures.
- Cost and supply issues limiting the availability and uptake of sustainable aviation fuel (SAF).
Mitigation Strategies
- Developed alternative sourcing strategies.
- Implemented fuel optimization program.
- Advocating for policy solutions to increase SAF availability and affordability.
- Investing in electric ground service equipment (eGSE).
- Exploring new technologies through JetBlue Technology Ventures.
Supply Chain Management
Responsible Procurement
- Engaging with 80% of top active business partners by spend on ESG principles within the Business Partner Code of Conduct by 2023
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events
- Rising temperatures
- Sea-level rise
Transition Risks
- Carbon pricing
- Emerging regulations
- Market shifts
- Technology changes
- Reputational risks
Opportunities
- Increased fuel efficiency
- Sustainable aviation fuels
- Electric ground operations
- New markets for sustainable travel
Reporting Standards
Frameworks Used: TCFD, SASB
Third-party Assurance: iCompli Sustainability, a division of BPA Worldwide
Reporting Period: 2021
Environmental Metrics
Total Carbon Emissions:6.8M metric tons of CO2 (Scope 1)
Scope 1 Emissions:6.8M metric tons of CO2
Renewable Energy Share:0.19% (SAF)
ESG Focus Areas
- Climate change
- Environmental sustainability
- Culture
- Human capital
- Diversity, Equity, and Inclusion (DEI)
Environmental Achievements
- 9.5% reduction in CO2 per ASM from 2015 levels
- 35% decrease in Scope 1 carbon emissions from 2019 (due to reduced flying and fuel efficiency initiatives)
- 0.19% of jet fuel consumed in 2021 was SAF
- Substantial changes to onboard product to reduce waste (detailed in case study)
- 95.4% recycling rate for audited domestic flights
Social Achievements
- 8% increase in average number of full-time equivalent crewmembers in 2021
- Established multiple new development programs for current crewmembers
- No furloughs during the pandemic
- Improved racial and ethnic minority representation at the officer and director level to 12.9%
- Increased representation of women at the officer and director level to 31.7%
- Implemented the Blue Select Interviewing program to increase diversity
Governance Achievements
- Established an ESG Subcommittee of the Governance and Nominating Committee
- Established Board-level accountability for ESG and published areas of oversight
- Integrated ESG and DEI awareness and education into Board member selection process
- Tied senior leadership compensation to key ESG metrics
Climate Goals & Targets
Long-term Goals:
- Net zero carbon emissions by 2040
Medium-term Goals:
- Achieve net zero carbon emissions by 2040 (including offsets)
- Convert 10% of jet fuel to SAF by 2030
- Convert 50% of 3 most common owned GSE types to electric by 2030
- Maintain at least an 80% recycling rate for audited domestic flights
Short-term Goals:
- Reduce aircraft emissions 25% per ASM by 2030 from 2015 levels (excluding offsets)
- Convert 40% of 3 most common owned GSE types to electric by 2025
Environmental Challenges
- Balancing rapidly returning customer demand with lingering pandemic impacts
- Supply chain and workforce constraints
- Climate change related risks (extreme weather, flooding, etc.)
- Transition risks (regulatory changes, market shifts)
- Cybersecurity and privacy risks
Mitigation Strategies
- Holistic thinking and integration of ESG efforts into decision-making
- Proactive engagement with airports and hurricane season preparedness
- Flight dispatch flexibility
- Climate scenario analysis
- Business continuity and crisis management planning
- Increased cybersecurity spending, Threat Intelligence team, and modern security solutions
Supply Chain Management
Responsible Procurement
- JetBlue Business Partner Code of Conduct
- Engagement with diverse businesses
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather
- Flooding
- Temperature extremes
- Coastal flooding
Transition Risks
- Carbon pricing
- Litigation
- New technology reducing competitiveness
- Regulatory compliance costs
- Supply and demand changes
Opportunities
- Sustainable technology investment
- Improved asset mobility
- Increased revenue from sustainable solutions
- Resource efficiency
- Energy source reputation
Reporting Standards
Frameworks Used: TCFD, SASB, GRI
Third-party Assurance: Verifavia
Sustainable Products & Innovation
- Reusable dishes and lids for Core meal service
- Recyclable amenity kits
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:10,462,955 tCO2e
Scope 1 Emissions:8,291,103 tCO2e
Scope 2 Emissions:28,572 tCO2e
Scope 3 Emissions:2,141,201 tCO2e
ESG Focus Areas
- Climate Change
Environmental Achievements
- Increased use of Sustainable Aviation Fuel (SAF) from 442,529 gallons in 2021 to 660,891 gallons in 2022 (49.2% increase)
Climate Goals & Targets
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: SASB, TCFD, The Climate Registry General Reporting Protocol Version 3.0
Third-party Assurance: VERIFAVIA SAS