Net Zero Strategies in the Airline Industry - Thematic Intelligence

Net zero means cutting greenhouse gas emissions (GHG) to as close to zero as possible, with any remaining emissions then “offset”. Firms that achieve net zero emissions may say they are “carbon neutral”. The airline sector represents a particularly difficult industry to decarbonize. To incentivize emission reductions, airline companies and organizations, such as the International Civil Aviation Organization (ICAO), have set bold targets to reach net zero by 2050. However, they remain far off track.

Most airline emissions fall under the Scope 1 category, which covers emissions from assets owned by the company. On-site emissions from the combustion of fossil fuels, e.g., natural gas, oil, and liquefied petroleum gas (LPG), tend to be the largest components of these emissions. Airlines must embrace multiple strategies to reach net zero targets. These covers investing in and adopting key energy transition technologies, collaborating with partners across their complex value chain, and incentivizing consumers to be ESG conscious.

Key Highlights

– Overview of emission sources across the airline sector value chain.

• Data covering Scope 1, 2, 3, and emissions intensity of a sample of 20 major airline companies.
• Identification of key net zero and emissions reduction strategies suitable for the airline sector.

Who should buy?

CEOs, CIOs, ESG and sustainability professionals, Senior Executives, Marketing Executives, and other professionals within the travel and tourism industry seeking to understand the importance of net zero strategies.

Scope

This thematic report provides an overview of emissions across the airline sector, how these emission can be reduced, and key strategies for the sector to achieve net zero targets. The report further recommends key energy transition technologies that airline companies can deploy as part of their roadmap to a greener future. Several case studies are included in this report to illustrate how some airline companies are already tackling their emissions.

Reasons to Buy

Understand the current ESG trends, especially in relation to emissions and net zero within the airline sector. Assess how major airlines perform in terms of emissions targets and get a picture of all their emissions in one place. Identify leaders and laggards in the road to net zero.

The thematic research ecosystem is a single, integrated global research platform that provides an easy-to-use framework for tracking all themes across all companies in all sectors. It has a proven track record of identifying the important themes early, enabling companies to make the right investments ahead of the competition, and secure that all-important competitive advantage.