By Patrick Appleton
The International Air Transport Association (IATA) has welcomed news of investment in sustainability by two of the world’s leading airline groups.
Qantas Group has announced a commitment to making air transport more sustainable through a policy of offsetting aimed at reducing its net emissions up to zero by 2050.
An investment of $50 million has been set aside specifically to help the group and its carriers—Qantas, Jetstar Australia and New Zealand, QantasLink and Qantas Freight—achieve its goal.
The Qantas and IAG net-zero announcements help show leadership in climate action alongside other leading airlines
The news follows IAG’s pledge to spend $400m in sustainable aviation fuel over the next 20 years, including plans to build a plant that will convert household waste to jet fuel.
IAG—which owns British Airways, Iberia and Aer Lingus—also announced that it will offset carbon emissions for all UK domestic flights from 2020, and is investing $27 billion in replacing its aircraft with more efficient models.
Speaking to Airlines. about the initiatives, IATA’s Director, Aviation Environment Michael Gill said he hoped that other carriers will take inspiration from the work of both airline groups.
“We applaud all airlines that can go beyond the collective industry goals—it was always going to be the case that some parts of the world and some carriers would be in a position to move faster towards decarbonisation than others,” said Gill.
“The Qantas and IAG net-zero announcements help show leadership in climate action alongside other leading airlines making significant contributions to commercialising sustainable aviation fuel.”
The developments illustrate aviation’s renewed commitment to investing in aircraft efficiency and reducing total emissions to half of 2005 levels by 2050.
To help facilitate the latter, airlines are offsetting emissions from 2020 through the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) scheme.
- For more information on CORSIA, click here