Construction of the facility in North East Lincolnshire is expected to commence in 2024 and to be completed by mid-2026, following which commissioning and start-up will commence, with full scale commercial operation expected in 2027. IAG continues to engage with other relevant ESG rating agencies to enable more accurate calculations of IAGs scores and to identify actions to improve these scores. 508, -98.5% Began swapping plastic wrapping on headsets. We are investing in research and innovation that will deliver solutions to truly decarbonise aviation such as through game-changing zero emissions aircraft, scaling up of carbon capture technology and, through our purchase of high-quality verified carbon reductions, we can direct vital funding into nature-based carbon removal projects that protect valuable ecosystems and biodiversity. How we manage our sustainability programmes is explained in more detail in the following sections: IAG has robust governance in place to ensure joined-up and progressive decisions on sustainability. More details are available in section C.2. Since its launch, the fund has reached more than 2.5 millionthrough donations and funding on our Crowdfunder platform. One of the key benefits of SAF, is that it is a drop-in solution and can be used now as a direct replacement for fossil-based jet fuel and delivered as part of the existing aviation fuel supply infrastructure. An example of this was our first flight to the USA after the country lifted its restrictions for US travellers. The high-quality carbon offsetting projects available to customers on CO2llaborate include a rainforest protection project in the Democratic Republic of the Congo and an energy-efficient cookstove project in Nigeria in line with the UN Sustainable Development Goals. A British Airways relief flight carrying 18,000 tonnes of medical aid has touched down in India for the second time in two weeks as the crisis continues to grip the country. We are focused on reducing waste and ensuring that, where it is unavoidable it is disposed of responsibly, minimising the use of landfill and incineration and increasing re-use and recycling. Were the first airline in the world to use SAF produced on a commercial scale in the UK after signing a multi-year agreement with, Together with global animal welfare and conservation charity. The environmental objectives set out in our sustainability strategy are: take urgent action towards net zero climate impact by reducing net CO2 emissions, improving carbon efficiency and offsetting emissions from UK domestic flights and engaging our customers and suppliers in action to tackle climate impacts We also expect our suppliers to carry out their business in a manner that is consistent with the principles set out in our Supplier Code of Conduct, issued in 2020. PDF Annual Report and Accounts Year ended 31 December 2020 Our water bottles can be fully recycled, including the lid, label and bottle. Were under no illusionsdecarbonising aviation is a big challenge, but we have a plan and we are already taking action. CO2saving from Sustainable Aviation Fuel in 2022. British Airways | SUSTAINABILITY AT BRITISH AIRWAYS 2023 Revenues ( million) 52,149 (2020: 49,912) EBIT Adjusted ( million) 4,865 (2020; 1,706) EBIT Reported ( million) 5,342 (2020: -510) Reported earnings per share () 5.36 (2020: -1.45) Non-Financial Energy consumption (GWh) 2,728 (Total consumption from stationary sources) CO 2 e Scope 1 & 2 emissions (ktons) 827 Plans to mitigate risks are developed by relevant people in specific areas of the business, with agreed initiatives included in relevant business plans by IAG operating companies. When we buy SAF it is added into the existing fuel pipeline at strategic locations with such SAF having been blended with conventional fossil fuel before it reaches the aircraft. IEnvA is tailored specifically for airlines and is fully compatible with the International Organization for Standardization (ISO). The UK has the experience and resources needed to become a global leader in the deployment of sustainable aviation fuel production facilities, which will boost the UK economy, the UK Plc brand and create thousands of new jobs. A category can be found on the BA Better World tab labelled Contribute to Carbon Offsets, where customers on short-haul European flights can help fund carbon reduction projects around the world. We have a long history of connecting Britain with the world and the world with Britain, and for more than a century weve been bringing people together, reuniting friends and families and facilitating business to and from our shores. The reports set out the progress we are making towards our environmental objectives and present examples of what we are doing to continually improve our environmental performance. Aviation is a global industry and we remain committed to global policy approaches, as well as advocating for policies that are effective and fair across multiple airlines. From creating a great place for people to work to reducing our emissions and waste and contributing to the communities we serve to build a thriving, resilient, responsible business. Customers canalso address their emissions via our onboard Speedbird Caf menu app. Vueling achieved full IEnvA certification in 2022 and British Airways and Aer Lingus have achieved partial (Stage 1) accreditation. This equates to one third of the planned output of the companys new Bayou Fuels project in the US when it begins delivery in 2026.
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