The Global Aviation Industry, Carbon Emissions and Other Sustainability Issues in Focus




The Global Aviation Industry, Carbon Emissions and Other Sustainability Issues in Focus...

Wondering about carbon emissions "contributed" by the global airline industry?  One of the industry's leading publishers, Air Transport Action Group, cites the following:

  • Worldwide, flights produced 781 million tonnes of CO2 in 2015.  Humans overall produced 36 billion tonnes.  Aviation is responsible for 12% of CO2 emissions from all transport sources.  (Road transport accounts for 74%.)
  • Today, jet aircraft in service are well over 80% more fuel efficient per seat KM than the 1950s early jet aircraft.
  • But -- 80% of the aviation CO2 emissions are emitted by flights of over 1500 KMs - for which there is not alternative means of transport.

The components of the aviation industry include aircraft manufacturers, airlines, government agencies, navigation organizations, trade associations, ground transport partners, pilots, unions, communication providers...and airports.

As we all know, the 25,000 aircraft operated by the airline industry have to take off from and land at airports around the world (some 3800+ airfields!) 

Editors from the International Airport Review focused recently on the Global Sustainable Aviation Summit in Geneva, Switzerland. More than 300 delegates attended; the theme was addressing "common aims" in developing sustainability across the sector.  The Sustainable Development Goals (SDGs) were a central theme for companies, which can adopt one or more and build strategies around them. 

The interests of the airport industry are represented by ICAO -- the International Civil Aviation Organization.  The leader talked about coordinating investment and development and focusing on the new "Carbon Offsetting and Reduction Scheme" ("CORSIA").  Closer coordination, said ICAO Council President Dr. Olumuyiwo Benard Aliu in his keynote, "will bring tremendous benefits to cities and societies where ever aircraft fly."

This is the goal of a coalition formed by the industry to adopt and build on the SDGs -- Air Transport Action Group (ATAG).  Member organizations include The International Air Transport Association (IATA, representing airlines), Airports Council International, the manufacturing company Bombardier.  The coalition released a report -- "Flying in Formation" -- to help the air transport industry understand the UN SDGs in "an aviation context".

The 44-page report is available for you at:  www.aviationbenefits.org/aviation-supporting-the-sdgs/

Our Top Story this week is the International Airport Review's reportage on the Geneva Sustainable Aviation Summit.

Top Stories This Week...

Sustainability tops the agenda at air industry summit
(Thursday - October 05, 2017) 
Source: International Airport Review - This year’s Air Transport Action Group’s (ATAG) Global Sustainable Aviation Summit in Geneva brought leading aviation figures together to discuss their collective goals. 

FAA report finds 787 is safe, faults supply-chain oversight
(Friday - October 06, 2017) 
Source: Seattle Times - The review found the Dreamliner is safe, meets design standards and is about as reliable as other Boeing jetliners were after being introduced. The FAA issued seven recommendations, four for Boeing and three for itself, to... 

 

About Sustainability: Progress Is Being Made
- We See Forward Momentum!

Plant-based bottles & edible packaging: What does sustainability look like in the bottled water industry?
(Friday - October 06, 2017) 
Source: Beverage Daily - A focus on sustainability is becoming more and more important across all industry sectors: and the bottled water industry is no exception. Plant-based bottles, edible and biodegradable packaging, and programs on water stewardship...

Asda and Co-op retailers launched joint initiative to track sustainability in their supply chains
(Friday - October 06, 2017) 
Source: Climate Action Programme - Asda and the Co-op will collaborate to align the sustainability data from their mutual suppliers to sparkle efficiency in the sustainability monitoring of their supply chains. 

How transportation infrastructure keeps sustainability on the move
(Thursday - October 05, 2017) 
Source: GreenBiz - With transportation infrastructure in particular — whether for air, rail, road or sea — about to be radically transformed through technological advances, I foresee tremendous opportunity for sustainability. 

Does Rome Have Any Interest In Sustainability?
(Thursday - October 05, 2017) 
Source: Clean Technica - In 2016, more than a third of Italian households perceived air pollution in the area where they lived? — ?43.4% in the Lazio region, which Rome is part of? — ?while a fifth of them complained of unpleasant odors in the area they... 

Hotel Design of the Future Emphasizes Sustainability
(Wednesday - October 04, 2017) 
Source: Skift - Given the industry’s increasing focus on sustainability, these hotel ideas could soon become a reality. That’s especially so for developers looking to build projects that are not only eco-friendly, but are increasingly design...

Sustainability, clean labels, ‘vast global pantry’ trend at MUFSO
(Wednesday - October 04, 2017) 
Source: Restaurant News - As American consumers continue to plot their own individual paths to healthy lives, restaurant operators have moved to meet their demands for cleaner labels and sustainably raised food, with the help of suppliers who have...  

A Test for Corporate Sustainability Leadership
(Tuesday - October 03, 2017) 
Source: Huff Post - Corporate sustainability is entering an important new phase, a crucible if you will, that will take us another step towards maturity as a research area. 

Is the Next Generation Ready for the Sustainability Challenge?
(Tuesday - October 03, 2017) 
Source: Triple Pundit - On September 26, Triple Pundit hosted the #Whypurpose Twitter chat on the potential and need for engaging Millennials in sustainability issues.

Sustainability Or Growth? E&Ps Face A Difficult Decision
(Monday - October 02, 2017) 
Source: Oil Price - U.S. unconventional E&Ps often find themselves in a difficult position in the current environment. The environment has long been “grow or die,” with high emphasis placed on companies growing production. Firms that have little...  

Coffee Could Become The World's Most Sustainable Crop
(Monday - October 02, 2017) 
Source: MBG - Today marks International Coffee Day, an occasion for caffeine lovers everywhere to raise a mug to their favorite brew. First kicked off three years ago, the nascent holiday celebrates the farmers and the land that make today's...

Corporate sustainability must give way to corporate responsibility
(Monday - October 02, 2017) 
Source: TechCrunch - n the US, this means generating upwards of 500 billion pounds of garbage every year that’s trucked to one of our 10,000 landfills.


Our Focus This Week on A Range of ESG Topics & Issues -- Things to Think About...

Saudi energy minister says Russia helped to breathe life back into OPEC
(Thursday - October 05, 2017) 
Source: CNBC - audi Arabia's energy minister said that Russia has helped to breathe new life into OPEC and that shale can be a major contributor to the market in years to come. 

Be corporate governance watch dogs, shareholders urged  
(Monday - October 02, 2017) 
Source: The Nation - “Institutional shareholders should serve as corporate governance watch dogs over the companies they invested in. Majority shareholders almost always get their way and their interests are not necessarily aligned with those of the... 

Genetically Modified Soybean Oil May be Harmful for the Functioning of Liver: Study
(Wednesday - October 04, 2017) 
Source: NDTV - Have you been buying genetically modified soybean oil from the market lately, considering it is a healthier version of soybean oil. Looks like you will have to re-conside...

Why extremes are expected to change with a global warming
(Monday - October 02, 2017) 
Source: Real Climate - Joanna Walters links extreme weather events with climate change in a recent article in the Guardian, however, some reservations have been expressed about such links in past discussions 

As Millennials Age Into Investors, Socially Conscious Funds Boom
(Monday - October 02, 2017) 
Source: Observers - Millennials are known for a lot of things these days, but one attribute is their desire to live by the values they espouse. Many try to do so by recycling, reducing their carbon footprint and giving to causes they believe in. But..


News for You From the Corporate Sector -Both Positive & Negative

Each week we see a range of reports about the corporate sector and individual companies with "plus" (+) or minus (-) connotations.  There is a lot going on in the global corporate sector -- we share highlights with you here:

Johnson & Johnson introduces new sustainability tool for healthcare
(Tuesday - October 03, 2017) 
Source: Climate Action - Johnson & Johnson Medical Devices Companies (JJMDC) launched a new sustainability capacity tool to address the environmental impact of health systems and reduce costs through incorporating sustainability practices. 

The next-generation sustainability aims of Mars
(Friday - October 06, 2017) 
Source: GreenBiz - In September, Mars unveiled its Sustainable in a Generation plan, which sets a new standard for its responsible growth as a business. Mars believes that transformational, cross-industry collaboration is required to fix the... 

Cigna to stop covering most OxyContin prescriptions
(Friday - October 06, 2017)  Source: CNN

Netflix Raises U.S. Subscription Prices for New and Existing Customers
(Friday - October 06, 2017) Source: Variety 

Foxconn recruits workers for new plant in Mount Pleasant; “We want to make this our home”
(Friday - October 06, 2017)  Source: Fox 6

Yahoo says all three billion accounts hacked in 2013 data theft
(Wednesday - October 04, 2017)  Source: Reuters 

Equifax And Wells Fargo Apologize To Congress; Lawmakers Not Buying It
(Wednesday - October 04, 2017)  Source: NPR

Pay Luxembourg 250 million euros in tax, EU orders Amazon
(Wednesday - October 04, 2017)  Source: Reuters

Facebook shifts strategy under lawmaker pressure
(Wednesday - October 04, 2017)  Source: The Hill 

Tesla Falls Short on Early Model 3 Shipment Goal
(Tuesday - October 03, 2017)  Source: Green Tech Media

Oxford team to test universal flu vaccine in world first
(Tuesday - October 03, 2017)  Source: Reuters 

General Motors, with an eye on China, promises at least 20 all-electric vehicles by 2023
(Tuesday - October 03, 2017)  Source: LA Times 

What brought down Monarch, the UK's biggest ever airline collapse
(Tuesday - October 03, 2017)  Source: Business Insider

Facebook, Twitter and Google have two weeks to turnover anti-fracking ads to a House Russia investigation
(Monday - October 02, 2017)  Source: CNBC

Syngenta agrees to settle U.S. farmer lawsuits over GMO corn
(Monday - October 02, 2017)  Source: Syngenta AG 

Toys R Us has a plan to save itself and it's unreal
(Monday - October 02, 2017) Source: USA Today

Nestlé pays $200 a year to bottle water near Flint – where water is undrinkable
(Monday - October 02, 2017)  Source: The Guardian

Sponsored Message

News & Opinion: Asset Managers, US Pension Funds, Sovereign Wealth Funds

NZ Super Fund posts record returns
(Tuesday - October 03, 2017) Source: Financial Standard Online

Cliffwater: U.S. state pension plans returned a median annualized 5.9% over 10 years
(Tuesday - October 03, 2017) Source: Pensions & Investments 

Billion of New York Public Pension Fund">Goldman Hired to Manage $2 Billion of New York Public Pension Fund
(Wednesday - October 04, 2017)  Source: Deal Book 

Warren Buffett says this one investment 'supersedes all others'
(Thursday - October 05, 2017) Source: CNBC 

 

Trump Administration News / Affecting Directions on Governance & ESG

48 Environmental Rules on the Way Out Under Trump
(Friday - October 06, 2017)  Source: NY Times 

 

Hurricanes 2017 - The Bigger Picture

Hurricanes may have wiped out as many as 125,000 jobs from September
(Friday - October 06, 2017)  Source: CNBC 

Cruise Ship Brings Thousands Of Hurricane Evacuees To South Florida
(Wednesday - October 04, 2017) Source: WIRN 

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