15. Does the remuneration of the company`s directors take into account the performance of climate change? 17. Does the company plan the climate plan? Creating management incentives aligned with our climate targets Contributing to the UK Government`s goal of a net-zero carbon economy by 2050 “We are investing in new aircraft and innovative technologies to reduce our carbon footprint in an industry where there is currently no alternative to kerosene,” said Willie Walsh, head of the AGI, in a statement. IAG said it would achieve its target with measures such as offsetting British Airways` domestic flights with CO2 from 2020, investing in sustainable aviation fuel and replacing older aircraft with more efficient jets over the next five years. 1. Does the Corporation recognize climate change as an important issue for the Corporation?. . . 7. Has the company set quantitative targets to reduce its greenhouse gas emissions? 18.

Does the company announce an internal price for carbon? Our Standards: Thomson Reuters` Principles of Trust. 10. Does the company support national and international efforts to mitigate climate change? Marshall Geck, a member of the UN Principles for Responsible Investment, called InfluenceMap`s findings “worrying from an investor`s perspective” as well as about the EU`s net-zero transition. New targets: By 2050: Net zero CO2 emissions by 2030: 20% reduction in net CO2 by 2025: 10% reduction in CO2 per passenger-kilometre As an industry, we are currently dependent on fossil fuels and low-carbon solutions for aviation are more complex than for many other sectors. But we believe our ambitious goal is achievable. 4. Has the company set targets for reducing greenhouse gas emissions? Among the report`s detailed lobbying calls is the call to include kerosene in “green” government funding and against higher environmental taxes The accusation comes from the think tank InfluenceMap, which this week released a new report assessing major airlines on their commitment to climate policy. The sources of information used to produce the report include access to information requests, public comments to the media, comments from the executive media and documents sent by e-mail to employees of the European Commission of the airlines directly and the professional associations in which they are involved. The industry as a whole is accused of being “one of the fiercest opponents of climate policy in Europe”. InfluenceMap explains that while key players have repeatedly spoken out in favour of the EU`s long-term climate goal, they have spoken out against specific national and sectoral regulations that would accelerate decarbonisation. Geck`s warning to airlines reflects the Transition Initiative`s (TPI) warning. For two consecutive years, transport companies` IPT analysis of quality management and emission reduction measures has shown that, despite long-term commitments, most are not making progress in line with the Paris Agreement.

Only 23% of the 62 companies evaluated for 2020, the latest iteration of the analysis, turned out to be oriented towards Paris, 13. Does the company disclose its membership and involvement in organizations or coalitions that specifically address climate issues? Airlines for Europe (A4E), the main body representing the sector in Europe, published a response on behalf of all the airlines mentioned. He said: “The idea that we have actively campaigned against EU climate policy to achieve these goals is false. We are committed to accelerating our reduction of CO2 emissions to net-zero emissions by 2050. LONDON (Reuters) – British Airways owner IAG said it would achieve net-zero carbon emissions by 2050 and would be the first major airline group to make such a commitment. British Airways will offset co2 emissions from all its domestic flights in the UK and make them net zero CARBON from 2020 With Flightpath net zero, we are putting environmental sustainability at the heart of our business and are ready to do the job ahead. “Global warming needs a global solution and all of these initiatives will help limit the rise in global temperature to 1.5 degrees.” A4E is named by InfluenceMap as one of the bodies that have spoken out against climate conditionality links with Covid-19 recovery plans. The report claims that a spokesman told media representatives last year that “this is not the time to discuss ecological conditions for government support to airlines.” A4E is rated “E” overall. IAG has been a leader in the fight against climate change for over a decade. Today, we are strengthening our commitment with a set of new measures to reduce our carbon footprint and a long-term goal of achieving NET ZERO CO2 emissions by 2050. 6.

Has the company appointed a board member or board committee who is specifically responsible for monitoring climate protection policy? Geck said: “Such lobbying exposes these companies both to the risk of more drastic regulatory measures to reduce emissions from the aviation sector in the future and to the risk of reputational damage due to the inconsistency between their stated positions on climate and their lobbying in the real world.” We also use our influence to encourage industry partners to do their part and call on governments to create the policies and incentives needed to ensure that together we achieve our global climate goals. 1. The global airline group has pledged to achieve net-zero carbon emissions by 2050 Walsh said aviation accounts for only 2% of global CO2 emissions and that the measures taken by the airline group are part of a broader solution to make aviation less polluting. . Reporting by Alistair Smout; The editorial board of Alexander Smith`s aviation giants such as British Airways` parent company, International Airlines Group (IAG) and Ryanair, has been accused of opposing proposals to strengthen climate policy in the European Union (EU) as the bloc works towards a net-zero target for 2050. 19. Does the company ensure consistency between its climate protection policy and the positions of the professional associations to which it belongs? Airlines are accused of advocating, for example, for Covid-19 rescue funding without environmental requirements, against a European tax on kerosene, against higher carbon prices and against higher taxes on tickets for flights. .