british airways sustainability report 2020
IAGs Group Code of Conduct (CoC), last revised in 2019 and approved by the Board, sets out the general guidelines that govern the conduct of all directors and employees of the Group when performing their duties in their business and professional relationships. We are flying more fuel-efficient aircraft including A350s, 787s, A320 and A321neos, which are up to 40 per cent more fuel-efficient than the 747. IAG - International Airlines Group - Sustainability Were investing in new technology and offsetting to reduce the environmental impact on behalf of our customers, so while customers on flights within the UK do not need to offset their emissions, those travelling further afield can help to address their emissions when they fly in a number of ways. The IAG GBS Group Procurement team leads the Supply Chain Sustainability Programme by delivering in four key areas: IAG GBS is also partnering with EcoVadis, a market-leading provider of business sustainability ratings, to assess suppliers using a holistic environmental, social and governance (ESG) scorecard. We call it BA Better World. 2022 Virgin Atlantic Airways Ltd. All rights . Since 2012 when the EU introduced emissions reduction regulations (known as the European Trading System or ETS), British Airways has reduced emissions on European flights by more than eight million tonnes - around 40% on every European flight. Progressing the development and commercial deployment of SAF is crucial to decarbonising the aviation industry and a key part of our plans to reach net zero carbon emissions by 2050. This has removed over 10m items of plastic off our flights in totalin Club World (47 tonnes of plastic per year), Club World amenity kit packaging has also been redesigned saving 6.5 tonnes of plastic every year, Our new World Traveller Plus amenity kit was designed with sustainability in mind, using material made from recycled plastic bottles, World Traveller Plus blankets areno longerwrapped in plastic but arebe paper banded with FSC certified paper, whichwill save approximately20 tonnes of single-use plastic a year. Reducing food waste means less pressure on natural resources, water supplies and land where food is grown, as well as cutting greenhouse gas emissions from production, transportation and disposal. In 2022 the IAG Sustainability team and the Enterprise Risk Management (ERM) team reviewed all climate-related risks and opportunities and potential impacts to 2024 and 2030. From January 2020, we began offsetting carbon emissions on all flights within the United Kingdom. We have made great progress in this area. The sum is in addition to a 2 billion UKEF loan announced by British Airways in December 2020 and drawn down in March 2021. British Airways lands 1 billion loan - Business Travel News Europe Emissions data from intra-European flights is also independently verified within six months of the year end, for compliance with the UK, EU and Swiss Emissions Trading Schemes. Additionally, we have been deploying technology and applying management focus to improve operational efficiency. nQt}MA0alSx k&^>0|>_',G! IAG complies with current and emerging standards on sustainability reporting, to ensure the Group discloses relevant and meaningful data on sustainability performance. Over the next 20 years, our parent company IAG will invest $400 million in the development of sustainable aviation fuel and in April 2021, became the first European airline group to commit to powering 10 per cent of all flights with sustainable aviation fuel by 2030. Revenues ( million) 52,149 (2020: 49,912) EBIT Adjusted ( million) 4,865 (2020; 1,706) EBIT Reported ( million) 5,342 (2020: -510) Reported earnings per share () 5.36 (2020: -1.45) Non-Financial Energy consumption (GWh) 2,728 (Total consumption from stationary sources) CO 2 e Scope 1 & 2 emissions (ktons) 827 British Airways, LanzaJet and Nova Pangaea Technologies signed an agreement in November 2022 that will accelerate Project Speedbird, an initiative created by the companies in 2021 to develop cost-effective SAF for commercial use in the UK. How British Airways Is Moving Closer To Sustainability - AirlineGeeks.com The grants will drive meaningful progress towards the development of sustainable aviation fuel plants in the UK and the decarbonisation of the aviation industry, DEMONSTRATING THE USE OF SAF DURING COP26. British Airways outlines its goals for 2020 | World Airline News The Groups unique structure means that each individual operating company has a distinct sustainability programme. n3kGz=[==B0FX'+tG,}/Hh8mW2p[AiAN#8$X?AKHI{!7. As outlined in our Code, IAG does not tolerate any form of bribery or corruption. Sustainability reports | Qatar Airways Four aviation decarbonisation projects supported by British Airways and designed to help the industry achieve its targets of net zero carbon emissions by 2050, received Government funding in 2021: The projects are being funded by the Department for Transports Green Fuels, Green Skies competition - part of the Prime Ministers Ten Point Plan for a Green Industrial Revolution. Still, this approach will be backed by numerous emission-reducing actions that the firm is implementing. We understand how important plastic reduction on board is to our customers and we work closely with suppliers to identify alternatives to single-use plastic items and will always source an alternative if one is available. We're investing in the development of sustainable aviation fuel, zero emissions aircraft and enabling you to. These include Sustainable Aviation, Airlines 4 Europe, IATA, ATAG, oneworld and the Coalition for Negative Emissions. An example of this was our first flight to the USA after the country lifted its restrictions for US travellers. The SAF is routinely delivered to British Airways via existing pipeline infrastructure that feeds directly into London Heathrow as part of our multi-year partnership with Phillips 66. (Top grey line on graph), By investing in new aircraft, changing how we fly and, in time, introducing new low- and zero-emissions aircraft, we will deliver about a third of our emissions reductions by 2050. Aviation Sustainability and the Environment, CAPA 27-Feb-2020 As a percentage, this is the lowest of any IAG airline. Our approach to sustainability reporting | Airbus 26,706m, +3.5pts We operated the BA001 on November 8 to New York on an A350 using this SAF blend. The SAF will be produced at the Aemetis Carbon Zero plant currently under development in Riverbank, California. The SAF produced at the facility would reduce CO2 emissions, on a net lifecycle basis,by 230,000 tonnes a year. How British Airways Is Turning To SAF & Hydrogen For A Net Zero Future As a supporter of the Task Force on Climate-related Financial Disclosures (TCFD) since 2020, Airbus' approach to addressing climate risks and opportunities follows the four pillars of the TCFD: governance, strategy, risk management, metrics and targets. Its why, as well as playing our part to reduce our environmental impact, we champion diversity and inclusion for our customers and colleagues, we deliver humanitarian aid in the UK and across the globe, we offer our customers a way to transform their spare change into life-changing opportunities for communities and we also support movements against human and wildlife trafficking. The internal stakeholders included IAG Management Committee members, Board members, and operating company sustainability representatives. It has the potential to provide a lifecycle carbon reduction of more than 80% compared to the traditional jet fuel it replaces. Innovative zero emissions technology is advancing fast and we support the development of hydrogen as an alternative fuel source because we believe it has the potential to enable us to reach zero emissions on short-haul routes by 2050. Making British Airways a great place to work is a serious commitment were making to our people. 4 Strategic report continued Management review and outlookcontinued Governmental imposed travel restrictions Industry-wide changes also create opportunities for the Group to move to become more resilient than its competitors. Providing the best services to the passengers As a leading name in the business, British Airways focuses is on providing the best services to the passengers. ZeroAvia achieved a major technological breakthrough in September 2020 by completing the worlds first hydrogen fuel cell powered flight of a commercial-size aircraft. In addition, in November 2021 IAG signed an agreement with Velocys to acquire 220,000 tonnes of sustainable aviation fuel over ten years. Were proud of the leadership and innovation of our colleagues. 458m. The process locks carbon into the solid material and prevents it from naturally decaying, locking carbon away and keeping it out of the atmosphere for several hundreds of years. This is enabling us to progress with projects to construct production facilities in the UK. Sustainability: Which Airlines Are Leading The Way? - Simple Flying These are regularly reviewed to ensure alignment with the Group sustainability strategy and principles, which covers material issues, KPIs and engagement plans. We think flying is incredible, and one of humankinds greatest achievements. The technology used in this project will capture CO2 from the manufacturing process to permanently remove it from the atmosphere. At British Airways, were on a journey to create a better, more sustainable future. The high-quality carbon offsetting projects available to customers on CO2llaborate include a rainforest protection project in the Democratic Republic of the Congo and an energy-efficient cookstove project in Nigeria in line with the UN Sustainable Development Goals. Revenue passenger km The new policy sees the travel company commit to never promoting the captivity of wild animals and discouraging its hotel partners from doing so. Our actions will help make a more connected world for everyone to live in and we're excited to bring together our people, our customers and our partners to deliver what we believe will be our greatest achievement. IAG also manages environmental risks via the use of ISO-14001-aligned environmental management systems and is planning for all material environmental impacts across 100 per cent of flight operations and corporate activities to be covered by the IATA Environmental Management System (IEnvA) by the end of 2023. 1.5C scenarios were chosen for transitional risks, in recognition of IAG and global targets. This equates to one third of the planned output of the companys new Bayou Fuels project in the US when it begins delivery in 2026. See all the latest information and updates from IAG, -98.4% British Airways is proud to be an industry leader in tackling climate change, having taken a progressive approach to managing growth in carbon emissions for more than 20 years. Sustainability Report " We are committed to regaining trust with our stakeholders through transparency, integrity and, above all else, safety. RED NOSE DAY 2023: ALISON HAMMOND, . Our parent company, IAG has to datecommitted $865 milliondollarsin SAF purchasing and investments and in April 2021 became the first European airline group to commit to powering 10 per cent of its flights with sustainable aviation fuel by 2030. IAG - International Airlines Group - Documents and links In August 2019, British Airways Holidays announced a new partnership with the Born Free Foundation. A British Airways relief flight carrying 18,000 tonnes of medical aid has touched down in India for the second time in two weeks as the crisis continues to grip the country. IEnvA is the airline industry version of ISO 14001, the international standard for environmental management systems. IAGs sustainability strategy, initiatives and reporting are based on a rigorous assessment of which business activities have a material impact on the environment and people and what is most important to key stakeholders. Supplier Code of Conduct; TCFD and GRI alignment for 2020 ARA; Links. of the 2022 Annual Report. We remain focused on a sustainable future and were making progress on our journey to get us there. Watch our SAF video here, part of our sustainability docuseries, which explains how SAFis produced and how it delivers emissions benefits. Together with global animal welfare and conservation charity Born Free Foundation, were helping our customers make more informed choices about ethical hotels and tourist attractions. Pre-Covid-19, we achieved the following plastic reductions: Weve also introduced water bottles made from 50% recycled plasticand have removed inflight retail plastic bags. From creating a great place for people to work to reducing our emissions and waste and contributing to the communities we serve to build a thriving, resilient, responsible business. The independently certified carbon removal projects available on the platform include the Blue Carbon Mangrove Project, a nature-based project which will support the reforestation and revegetation of degraded tidal wetlands in the Indus Delta Area in Pakistan and the Freres Biocharproject in Oregon, USA, which sees the companys biomass power production plant produce biochar, a carbon-rich charcoal-like material that is created when agricultural and wood waste is used as fuel. The airline unveiled a new livery on one of its A320neos, which it has painted in BA Better World sustainability colours as part of a partnership with aircraft . The fuel produced from this plant will also create high quality green jobs and can connect to Humberside carbon capture & storage network. This is the equivalent emissions of approximately 26,000 British Airways domestic flights. Were the first airline in the world to use SAF produced on a commercial scale in the UK after signing a multi-year agreement with, Together with global animal welfare and conservation charity. We are flying more fuel-efficient aircraft and have invested in new technology, sustainable fuel development and made changes to the way we fly to help deliver on our environmental commitments. BA Better World Emissions data for all flights in scope of the UN-regulated global CORSIA scheme are also verified. The CPCASO is a member of the Management Committee and reports into the IAG CEO. In 2021, IAG repeated a comprehensive materiality assessment to assess these issues over a three-year timeframe and to 2030. 2030 was chosen as the key timeframe, based on IAG targets and key policy timelines e.g. Within these we regard SDGs number 5, 7, 8 and 13 as priority measures for IAG to support. Creating a truly sustainable business is fundamental to our long-term growth. Serving our community and planet is at the heart of everything we do, and we look forward to sharing our exciting sustainability initiatives with you. In the short-term this includes improving our operational efficiency, investing in more efficient aircraft, funding carbon offset projects to addressemissions on UK domestic flights and progressively introducing sustainable aviation fuels (SAF) using waste feedstocks, while in the medium to longer-term were continuing to invest in the development and scale-up of SAF and looking at how we can help accelerate the growth of new technologies, such as zero emissions hydrogen-powered aircraft and carbon capture technology. IAG also goes beyond compliance requirements and voluntarily aligns sustainability reporting with the Sustainability Accounting Standards Board (SASB), the IATA Airlines Reporting Handbook, and relevant criteria from external ESG rating agencies. Removing all plastic bags from flights and introducing amenity kits and duvets made from recycled plastic, were dedicated to finding innovative solutions that are better for the environment. If weve learned one thing from the current pandemic, its that we humans really value being together and thats what aviation does it brings people closer together. But we recognise that flying comes at a cost to the environment and we need to take urgent action to tackle the impact it has on our planet. (Red wedge on graph), A further third of emission reductions will come from switching to sustainable aviation fuel, meeting about 50% of our fuel needs by 2050. In September 2021, with partners at Heathrow Airport, air traffic service provider NATS, fuel giant bp, Glasgow Airport and Airbus we took part in a project called the perfect flight. We will continue to work with governments and industry to enhance CORSIA and strengthen global carbon pricing. We support the development of hydrogen as an alternative fuel source because we believe it has the potential to enable us to reach true zero emissions on short-haul routes by 2050. % BRITISH AIRWAYS ADDS A TOUCH OF . This philosophy is embraced by our leaders, championed by our employee network groups and supported by our relationships with external partners, including Stonewall and the National Forum for Health and WellBeing at Work. Passenger load factor We are investing in research and innovation that will deliver solutions to truly decarbonise aviation such as through game-changing zero emissions aircraft, scaling up of carbon capture technology and, through our purchase of high-quality verified carbon reductions, we can direct vital funding into nature-based carbon removal projects that protect valuable ecosystems and biodiversity. PDF CHAIRMAN'S INTRODUCTION TO SUSTAINABILITY Maintaining our lead on net In addition, in February 2022 we launched new Fuel Dashboards for Captains, which aims to build awareness and insights to help flight crew make informed choices to help reduce emissions. This is just a warning notification message. During 2020, British Airways issued more than 2.8 million refunds and 1.9 million vouchers for future travel. Began swapping plastic wrapping on headsets. Both loans have similar sustainability-linked features, said IAG, which added that, at the end of September, the group's total liquidity was "strong" at 10.6 billion. This is comprised of senior representatives from across the business who provide oversight of environmental and social initiatives and reporting. IAG combines leading airlines in Ireland, Spain and the UK, enabling them to enhance their presence in the aviation market while retaining their individual brands operations. This is just an error notification message. Orderly and disorderly scenarios were chosen as per TCFD definitions. As a reflection of our values, well continue to only offer tours that allow you to responsibly observe wildlife safely in their natural habitat. As an industry, aviation is currently reliant on fossil fuels. The facility will take hundreds of thousands of tonnes of waste and convert it into clean-burning, sustainable fuels. In 2022, a new Group-wide Whistleblowing Policy was issued and all the Group channels to enable this were consolidated to one whistleblowing channel provided by an independent third-party provider, EthicsPoint, where concerns can be raised on an anonymous and confidential basis. It is a central part of our near-term plan, while alternatives to fossil fuels are developed and scaled-up and while new low carbon aircraft technologies advance. Passenger load factor This sets out the minimum standards that are expected by the Group, its directors and employees, including definitions and guidance for bribery, gifts and hospitality guidance, political and charitable donations, public officials, facilitation payments amongst others. Our aim is to increase representation at senior management levels and we are working on a number of programmes and initiatives to fulfil these commitments. In addition, our parent company, International Airlines Group (IAG) has to datecommitted 865milliondollarsin SAF purchasing and investments and in April 2021 became the first European airline group to commit to powering 10 per cent of its flights with sustainable aviation fuel by 2030. British Airways parent company IAG has also pledged to go net-zero on carbon emissions by 2050. The SAF available on the CO2llaborate platform comes from the Phillips 66 plant in Humberside, which uses waste cooking oil as the feedstock, providing lifecycle emissions reductions of over 80% compared to traditional fossil-based jet fuel. Even small changes, such as swapping plastic stirrers with bamboo alternatives, have saved 45 tonnes of plastic a year. Read our Annual Report 2022 Latest press releases Friday, Feb 24, 2023 IAG Final Results 2022 Friday, Oct 28, 2022 IAG Q3 2022 Financial Results Friday, Jul 29, 2022 The reports set out the progress we are making towards our environmental objectives and present examples of what we are doing to continually improve our environmental performance. British Airways Sustainability Report 2022 We've released our 2022 Sustainability Report where you can find out about all of our achievements and results from 2022. We are now also offering customers the opportunity to purchase carbon removal credits through CO2llaborate, so customers are able to use the adjustable slider to select the amount of SAF versus verified carbon removals, or SAF versus verified carbon offsets they wish to purchase. 508, -98.5% IAG is a member of multiple trade associations and is proud to have consistent stances on climate change with all of these organisations. We champion diversity and inclusion for our customers and colleagues and have a diversity and inclusion strategy that forms an integral part of our business and people plans. Climate change: British Airways reviews 'fuel-tankering' over climate Our parent company IAG and renewable fuels company Aemetis, Inc. signed a multi-year agreement to supply SAF to help power both British Airways and Irish flag carrier Aer Lingus flights from San Francisco Airport from 2025. The impacts of material risks are quantified as part of the Company-wide ERM process which receives Board oversight, Operating airlines modelled compliance-related costs, including from the UK and EU ETS and CORSIA, to 2030, TCFD-aligned scenario analysis was repeated using a dual timeframe of 2030 and 2040, Ongoing analysis was carried out on the Flightpath Net Zero strategy to 2050, Independent risk screening and sustainability assessments, Corporate Social Responsibility (CSR) Audits, Embedding sustainability as standard in the procurement process. Sustainability Resources | Virgin Atlantic Cargo tonne km With short-term action already in place and development and innovation underway for medium and long-term solutions, we have a clear plan to deliver our goal. The full contents of the Annual Report are included in the IAG non-financial information statement (NFIS), which is independently verified to limited assurance standards in line with ISAE3000 (Revised) standards. 2019. Weve invested in new, modern aircraft that are up to 40% more efficient than the aircraft they replace and made changes to the way we fly to further reduce our emissions. IAG will work with key stakeholders to deliver net zero emissions across its global operations by 2050. We also promote a work environment that encourages staff to speak up and raise concerns freely. We believe that sustainable aviation fuel can be a real game changer for aviation. Thats why were creating a great place to work thats diverse and inclusive, allowing everyone to thrive and feel like theyre part of a community. Gatwick Ground Services Gender Pay Gap Report 2021 (pdf, 140kb, English only) 2020 . IAG continues to engage with other relevant ESG rating agencies to enable more accurate calculations of IAGs scores and to identify actions to improve these scores. This new proposition is believed to be the first time an airline has offered customers this portfolio of options to address their emissions, Customers are able to access the CO2llaborate platform directly from their seat during their flight using the airlines freeWi-Fi portal, or at any time before or after their flight by visiting the CO2llaborate platform, which is accessible on ba.com or baco2llaborate.com.Dr Hollingsworth Plastic Surgeon, Articles B