Eco-friendly practices and results evaluation
Airbus, the European aerospace giant, has taken a significant step towards sustainability by having its near-term greenhouse gas (GHG) emission targets approved by the Science Based Targets initiative (SBTi) in February 2023. These targets, covering emissions reductions planned between now and the next five years, reflect Airbus' commitment to reducing its carbon footprint in line with climate science.
The SBTi-approved targets are an integral part of Airbus' climate strategy, enabling the company to credibly track and achieve emissions reductions and advance its sustainability ambitions in a highly regulated, carbon-intensive industry.
Guillaume Faury, CEO of Airbus, has been a driving force behind the company's sustainability efforts. He has expressed a commitment to challenging the industry norms in sustainability, believing that Airbus should raise the bar on sustainability in the aviation industry. Faury has emphasized the importance of sustainability, expressing a belief that Airbus can make significant strides in this area.
The targets help drive operational changes such as improved manufacturing processes, efficiency gains, and the adoption of new technologies and sustainable fuels, which are central to reducing the aviation industry's impact on climate. By aligning with SBTi, Airbus benefits from the framework's emphasis on innovation, regulatory clarity, and investor confidence, strengthening the company's overall sustainability posture.
Airbus is also the first aircraft manufacturer to disclose Scope 3 figures for the aircraft it delivers to customers, providing a comprehensive view of its carbon footprint. This commitment to transparency and accuracy is reflected in Airbus's sustainability reporting, which is guided by a standpoint of accuracy and transparency.
Airbus's support of the SBTi and its commitment to having its targets assessed by the initiative since December 2022 further demonstrates the company's dedication to sustainability. The SBTi's approval of Airbus's targets underscores the credibility and science-aligned nature of the company's climate strategy, anchoring it in benchmarks designed to limit global warming and support the transition to a net-zero carbon economy by 2050.
In summary, Airbus's near-term GHG targets approved by the SBTi are an integral part of its climate strategy, enabling the company to credibly track and achieve emissions reductions and advance its sustainability ambitions in a highly regulated, carbon-intensive industry. With its commitment to sustainability, innovation, and transparency, Airbus is setting a new standard for the aviation industry.
References:
- Airbus. (2023). Airbus sets science-based emissions reduction targets. Retrieved from https://www.airbus.com/newsroom/press-releases/en/2023/02/airbus-sets-science-based-emissions-reduction-targets.html
- Science Based Targets initiative. (2023). Airbus sets science-based emissions reduction targets. Retrieved from https://sciencebasedtargets.org/news/airbus-sets-science-based-emissions-reduction-targets
- Airbus. (2022). Airbus commits to having its near-term greenhouse gas emissions targets assessed by the Science Based Targets initiative (SBTi). Retrieved from https://www.airbus.com/newsroom/press-releases/en/2022/12/airbus-commits-to-having-its-near-term-greenhouse-gas-emissions-targets-assessed-by-the-science-based-targets-initiative-sbti.html
- Airbus. (2022). Airbus publishes its first Scope 3 emissions figures for the aircraft it delivers to customers. Retrieved from https://www.airbus.com/newsroom/press-releases/en/2022/05/airbus-publishes-its-first-scope-3-emissions-figures-for-the-aircraft-it-delivers-to-customers.html
- Guillaume Faury, Airbus CEO, aims to elevate the company's sustainability standards in the aviation industry, envisioning a shift towards a lifestyle that champions sustainable living, harmony with home-and-garden, and a reduced carbon footprint.
- In its pursuit of a more sustainable future, Airbus not only focuses on its own operational changes, such as adopting new technologies and sustainable fuels, but also encourages home-and-garden practices among its customers, fostering a lifestyle that values sustainable living and the preservation of the environment.
