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Climate Impact & Sustainability Data (2024)
Reporting Period: 2024
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
- Climate Change
- Sustainable Aviation Fuels (SAF)
Environmental Achievements
- Not disclosed
Social Achievements
- Not disclosed
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Minimum 34% SAF share (including 10% synthetic SAF) by 2040
- Minimum 42% SAF share (including 15% synthetic SAF) by 2045
- Minimum 70% SAF share (including 35% synthetic SAF) by 2050
Medium-term Goals:
- Minimum 6% SAF share (including average 1.2% synthetic SAF) by 2030
- Minimum 20% SAF share (including 5% synthetic SAF) by 2035
Short-term Goals:
- Minimum 2% SAF share by 2025
Environmental Challenges
- Increasing emissions from air transport.
- Limited availability of feedstock and production capacity of SAF.
- Higher production costs of SAF compared to conventional fuels.
- Potential for market distortions and carbon leakage due to varying aviation fuel prices.
- Fuel tankering practices increasing fuel consumption and emissions.
Mitigation Strategies
- Mandating minimum shares of SAF in aviation fuel supplied at EU airports.
- Establishing a refuelling obligation for aircraft operators to prevent tankering.
- Implementing a voluntary environmental labelling scheme.
- Setting up a flexibility mechanism for SAF supply.
- Imposing penalties for non-compliance.
- Allocating revenues from fines to support SAF research and innovation.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Sustainability criteria for SAF production (based on Directive (EU) 2018/2001)
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Market distortions due to price differences between SAF and conventional fuels
- Carbon leakage due to rerouting of flights
Opportunities
- Development and deployment of SAF and other sustainable aviation technologies
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- SDG 7 (Affordable and Clean Energy)
- SDG 13 (Climate Action)
The regulation aims to reduce greenhouse gas emissions from aviation and promote the use of renewable energy sources.
Sustainable Products & Innovation
- Sustainable Aviation Fuels (SAF)
Awards & Recognition
- Not disclosed