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
Aircraft Weight Reduction Task Force*
Supports the Swire Group Environmental Policy
First environmental report including CO2 emissions
Received ISO 14001 certification
Established the Long Term Climate Change Task Force Initiated engine core washing
Launched CX’s Climate Change Position
Launched carbon offset programme — FLYgreener
Joined Climate Change Business Forum (CCBF)
Founded the Aviation Global Deal (AGD)
Joined the Sustainable Aviation Fuel Users Group (SAFUG)
Supported IATA’s climate change commitments
Developed a sustainable biofuels strategy
Supports climate change science monitoring with IAGOS
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:
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|