Jazeera Airways KSC
Climate Impact & Sustainability Data (2022, 2023, 2023-04-01 to 2023-06-30)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:560,000 tonnes
Water Consumption:18 Megalitres/Year
Waste Generated:100 Tonnes/Year
ESG Focus Areas
- Climate Change
- Community Development
- Business Governance
- Diversity & Inclusion
- Occupational Health & Safety
Environmental Achievements
- Launched CHOOOSE™, a carbon offset program for customers.
- Ordered 20 A320neo and 8 A321neo aircraft, offering 18% reduction in fuel burn and CO2 emissions, and 50% reduction in NOx emissions and noise pollution.
- Implemented fuel-saving initiatives resulting in 93,267 kg CO2 reduced and 29,515 kg fuel saved in one month.
Social Achievements
- Achieved Great Place to Work® certification.
- Increased female participation in various roles, including flight crew.
- Participated in relief aid efforts during natural disasters.
- Introduced the WOW program in 2022 to re-induct existing employees and ensure their continuous inclusion.
Governance Achievements
- Established Audit Committee, Risk Committee, and Board Remuneration & Nomination Committee.
- Implemented a comprehensive Corporate Governance Manual.
- Adheres to guidelines set forth by the Capital Markets Authority (CMA) and Boursa Kuwait.
Climate Goals & Targets
Long-term Goals:
- Net-zero emissions by 2050
Environmental Challenges
- Significant carbon emissions from jet fuel combustion.
- Fluctuating fuel prices impacting operating costs.
- Workplace hazards associated with aviation operations.
- COVID-19 pandemic impacting operations and passenger volumes.
Mitigation Strategies
- Investment in fuel-efficient A320neo aircraft and implementation of fuel-saving measures.
- Implementation of a robust OH&S management system, including hazard identification, risk assessment, and control measures.
- Development and implementation of a climate change strategy.
- Business continuity planning and risk management strategies to mitigate disruptions from COVID-19 and other unforeseen events.
Supply Chain Management
Supplier Audits: Annual audits on external service providers
Responsible Procurement
- Supplier code of conduct
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI
Awards & Recognition
- Great Place to Work® certification
- Aviation Company of the Year 2019 award from Arabian Business
- Low-Cost Airline of the Year award 2017
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:127 tonnes/year
Waste Generated:11.9 megalitres/year (2023), 18.0 megalitres/year (2022)
Carbon Intensity:Not disclosed
ESG Focus Areas
- Environment
- Social
- Governance
Environmental Achievements
- Offset 279 tonnes of carbon dioxide equivalent through passengers who supported the CHOOOSETM climate compensation initiative.
- Operates 11 A320neo aircraft, which reduce CO2 emissions by 18% and NOx emissions by 50% compared to previous models.
- Implemented fuel efficiency initiatives such as SkyBreathe Analytics and operational procedures (Continuous Descent Operations, Idle Reverse Thrust, etc.) resulting in fuel savings.
Social Achievements
- Held a Wellness week with a focus on mental and physical health, awarded Wellness Champion of the Year.
- Awarded the Great Place to Work certification.
- Completed 40 internships to provide on-the-job learning and development for local youth.
- Hosted over 100 children and family members from Kuwait Association for the Care of Children in Hospital and Bayt Abdullah Children’s Hospice to an amusement park.
Governance Achievements
- Established three Board Committees (Internal Control and Audit, Risk, and Board Remuneration & Nomination) to drive decision-making and maintain accountability and transparency.
- Implemented key ESG policies including Privacy Policy, Code of Conduct, Remuneration Policy, etc.
- Held twelve Board of Directors meetings in 2023.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Achieve net-zero emissions by 2025.
Environmental Challenges
- Jet fuel combustion contributing significantly to carbon footprint.
- Managing risks associated with airline operations.
Mitigation Strategies
- CHOOOSETM carbon offset program.
- Use of fuel-efficient A320neo aircraft.
- Fuel efficiency initiatives (SkyBreathe Analytics, operational procedures).
- Robust health and safety management system.
- Operational safety reporting system to encourage reporting of hazardous situations.
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: Great Place to Work
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Wellness Champion of the Year
Reporting Period: 2023-04-01 to 2023-06-30
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
- Issued our first sustainability report covering 2022 and highlighting Jazeera’s efforts in key Environmental, Social and Governance (ESG) areas.
- Placed an order for +2,000 of the world’s lightest aircraft seats from French designer and manufacturer, Expliseat. Weight saving of 1.2 metric tons, reduce jet fuel consumption and increase passenger capacity with an additional row of seats.
Social Achievements
- Improved customer experience since the beginning of 2023.
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Significant yield compression is expected in 3Q23 due to oversupply in the market
- Oversupply in the Kuwait market creating pressure on yields
- Aircraft leasing conditions leaning towards the sellers' side and rates have increased significantly.
Mitigation Strategies
- Ongoing attention to lowering cost by reducing lease rates and enhancing efficiencies.
- driving seat factor to retain market-share and boost T5 revenue.
- Secured fleet growth for the next 2 years at very attractive lease rates.
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