BusinessHong Kong

Cathay Pacific commits to net-zero carbon emissions by 2050

On 21 May 2021, The Cathay Pacific Group announced that they aim to achieve net-zero carbon emission on their Sustainable Development Report 2020. This is one of the first Asian aviation companies marking their timeline in reducing carbon emissions.

Cathay Pacific will purchase 1.1 million tonnes of Sustainable Aviation Fuel from 2023 onward. They already invested in Fulcrum BioEnergy, a company making fuel from domestic waste. The new type of fuel can reduce carbon emissions by 80%.

They will also reduce engine usages on the ground. 32% (from the 2018 baseline) of the ground emissions will be cut by 2030. They will launch a voluntary programme, Fly Greener, allowing passengers to donate to third-party environmental protection groups according to the carbon emissions of their flights.

Thank you Payload Asia for providing the information. Click here for more detail from them. For the full report from Cathay Pacific Group, please click here.