We are committed to tackling the issue of climate change, as our use of non-renewable fossil fuels is not only one of our major operating costs, but also our most significant environmental impact.

More than ever, we have both the economic and environmental incentives to implement more sustainable solutions to address our environmental impact such as fuel efficiency, new fleet and sustainable biofuels.

We are also active in international negotiations on developing a global market-based measure for reducing emissions from aviation from 2020.

We agree with our stakeholders that climate change is the company’s highest environmental priority and challenge, and that we need to manage our long term impacts in innovative ways. We recognised this in the 1990s, when we released our first Environmental Report, and reinforced that position in 2006 when we launched our Climate Change Position, one of the first few airlines to have done so publicly.

Key CX Climate Change initiatives from the 1980s to present

1980
Early 1980s
Aircraft Weight Reduction Task Force*
1989
Supports the Swire Group Environmental Policy
1990
1996
First environmental report including CO2 emissions
1997
Received ISO 14001 certification
2000
2005
Established the Long Term Climate Change Task Force Initiated engine core washing
2006
Launched CX’s Climate Change Position
2007
Launched carbon offset programme — FLYgreener
Joined Climate Change Business Forum (CCBF)
2008
Founded the Aviation Global Deal (AGD)
2009
2009
Joined the Sustainable Aviation Fuel Users Group (SAFUG)
Supported IATA’s climate change commitments
2011
2011
Developed a sustainable biofuels strategy
Supports climate change science monitoring with IAGOS
2012
2012
Committed to a CX CO2 target

Exceeding Industry Target

We have committed ourselves to a target of a 2% year-on-year improvement of CO2 emissions per passenger and cargo we carry (known as “revenue tonne kilometre”, or RTK) by 2020, based on 2009 levels. This meets ICAO’s recommended goal for aviation and exceeds the agreed industry target of 1.5% and contributes to our majority shareholder, Swire Pacific’s ambition of net zero impact.

Our strategy for achieving this follows the IATA four-pillar strategy:

iATA Strategy@2x

We also fully support the IATA’s climate change commitments:

IATA’s Climate Change Commitments

2010 An average improvement of fuel efficiency of 1.5% per year
2020 A cap on aviation CO2 emissions from 2020 (carbon neutral growth)
2050 Aspiration for 50% reduction in net CO2 emissions over 2005 levels