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airBaltic Commits to Achieving Carbon Neutrality by 2050

4th January 2023
in airBaltic, ESG BROADCAST
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airBaltic Commits to Achieving Carbon Neutrality by 2050
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The Latvian airline airBaltic’s Supervisory Board has approved the company’s strategic environmental, social, and governance sustainability priorities. Among them is the commitment to achieving carbon neutrality by 2050.

Martin Gauss, President and CEO of airBaltic, says: “Sustainability has always been an integral part of airBaltic business and culture. Undoubtedly, it is not only about clean air but brings the focus to areas of environment, economics, technologies, corporate governance and social life. Our vision sees the airline becoming a sustainable carrier in the EU aviation market while maintaining a continuous growth path and innovative improvement of passenger experience and, at the same time, developing the Baltics as one of the key European business centres. Furthermore, our values – We deliver. We care. We grow. – state sustainability at the core of all the ways we work – how we do business and how we interact with people.”

Zita Barānova, Head of Sustainability at airBaltic, says: “Sustainability is never a stand-alone strategy, but something that companies prove with their actions. Many examples at airBaltic reflect that—for instance, choosing the most modern and green aircraft Airbus A220-300, optimising operations and using sustainable aviation fuel, gradually moving to an electric car park, offsetting CO2 emissions, and many more. Now we are moving a step further—on combining the existing and future contribution of sustainability actions to become carbon neutral in 2050.”

Following on from the previous, airBaltic commits to maintaining excellence in sustainable social policy, namely, to continue the current course of maintaining and continuously developing excellent health and safety conditions, fair working and employee reward and compensation conditions, fair labour practices, diversity, non-discrimination and inclusion, employee training and development, human rights standards, and positive impact on local communities through education, research, and development.

Furthermore, airBaltic commits to maintaining and continuously developing the company’s excellent ethical, compliance, and anti-corruption standards, diversity, stakeholder engagement, shareholder rights, and open and transparent communication.

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Source: airBaltic Press Release
Tags: ESG BROADCASTESG COMPANIESSustainability

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airBaltic

About airBaltic

airBaltic is one of Europe’s most punctual airline connecting the Baltic region with 70+ destinations in Europe, the Middle East, and the CIS. airBaltic is a joint stock company established in 1995, currently operating the world’s youngest fleet of aircraft. airBaltic has received numerous international awards for excellence, innovative services, and achievements in reshaping its business. In 2017, the airline received the CAPA Regional Airline of the Year award, while in 2019, airBaltic was recognized as the Market Leader of the Year by ATW Airline Industry Achievement Award, becoming the first airline to win this award two years running. airBaltic achieved the best on-time performance globally in 2014, 2015, 2016 and 2017. The airBaltic fleet currently consists of the world’s greenest commercial aircraft – the Airbus A220-300.

Website: http://www.airbaltic.com
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