Some airlines risk failure if they do not cut emissions faster - industry report

SYDNEY : Some airlines risk failure if they do not cut carbon emissions quicker in the next three to five years due to a mismatch between short-term corporate travel targets and the airline industry's 2050 net zero target, an industry report said.

"The pressure from customers and governments and investors is going to probably demand an acceleration of the journey to net zero, which is clearly going to put pressure on airlines," said David Wills, advisory executive director at Australian carbon reduction strategy firm Envest. Several companies, such as HSBC Holdings plc, Zurich Insurance Group Ltd, Bain & Company and S&P Global Inc, have already announced plans to quickly cut business travel emissions by as much as 70per cent.

"Our view is that smart airlines will pivot to reinforcing not only 2050 but enhancing their definitive views on 2030, because they will be looking to engage with their corporate customers more," said Brett Mitsch, Envest's executive director of investment.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

France moves to shield its book industry from AmazonPARIS : Sophie Fornairon's independent bookshop has survived the rise of Amazon thanks to a French law that prohibits price discounting on new books, but she says the e-commerce giant's ability to undercut on shipping still skews the market against stores like hers.Fornairon, who owns the Canal Bookstore
출처: ChannelNewsAsia - 🏆 6. / 66 더 많은 것을 읽으십시오 »