Climate Change Data

Volga-Dnepr Group

Climate Impact & Sustainability Data (2015)

Reporting Period: 2015

Environmental Metrics

ESG Focus Areas

  • Social Responsibility
  • Personnel Development
  • Ecology
  • Flight Safety
  • Aviation Security
  • Ethics

Environmental Achievements

  • Improved fuel efficiency through fleet modernization (IL-76TD-90VD and Boeing 747-8F), reducing fuel consumption by 1-1.5% on AN-124-100 aircraft with new painting technology.
  • Compliance with high international environmental standards for noise and emissions.

Social Achievements

  • Recognition as one of the 100 most attractive employers in Russia.
  • Implementation of the Code of Work Ethics.
  • Operation of Corporate University and Aviation Training Centre.
  • Support of various social projects and organizations.
  • Implementation of charitable and social programs, including support for children, veterans, and disadvantaged groups.
  • Sponsorship of the Gagarin Tournament and other events.

Governance Achievements

  • Adoption of the Code of Work Ethics, mandatory for all employees, board members, consultants, contractors, and suppliers.
  • Establishment of an Ethics Committee to address ethical conflicts.
  • Implementation of a hotline for reporting ethical violations.
  • Implementation of a new version of the employment contract reflecting corporate values.

Climate Goals & Targets

Medium-term Goals:
  • To become one of the three largest freight companies in the world by 2030.

Environmental Challenges

  • Difficult global economic situation affecting the air freight market.
  • Low oil prices leading to decreased airfares.
  • Decrease in demand for unique transportation due to unfavorable macroeconomic conditions.
  • Terrorist threats.
  • Slowing Chinese economy impacting China-Europe cargo transportation.
Mitigation Strategies
  • Diversification of business model (Cargo Supermarket concept).
  • Development of scheduled transportation segment.
  • Expansion of route network.
  • Fleet modernization and expansion.
  • Improved security system.
  • Active diversification of business (new routes, cargo types).

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

  • Wings of Russia Award
  • Air Cargo Industry Achievement Award
  • All-Cargo Airline of the Year (AirBridgeCargo)
  • Best Cargo Charter Airline (Volga-Dnepr Airlines)
  • Global Competitiveness Award
  • Best Overall Carrier of the Year (AirBridgeCargo)
  • Charter Airline of the Year (Volga-Dnepr Airlines)
  • SAIF Zone Excellence Awards (Volga-Dnepr Gulf)