Finnair makes strides in carbon disclosure and emissions reduction
(Warsaw 2.11.2011) The Carbon Disclosure Project, operator of the world’s only global climate change reporting system, has commended Finnair for its efforts to substantially reduce greenhouse gas emissions, improve reporting capabilities and recognize the strategic business risks associated with climate change. In the CDP's Nordic Report 2011, Finnair scored higher than any other airline in the Nordic region.
Finnair earned a score of 76 out of 100. A score greater than 70 puts a company in the “high” category of climate change-aware firms. In such companies, the report explains, “senior management understand the business issues related to climate change and are building climate related risks and opportunities into core business.”
The CDP report singled out Finnair for its leadership on biofuels and for its travel agencies’ significant emissions reductions. CDP reports from the rest of the world are forthcoming later this year.
“This is a really positive step forward,” says Kati Ihamäki, Vice President, Sustainable Development. “It’s a clear signal that we’re on the right track to reduce emissions over the long term and will hold a competitive advantage when we begin to participate in forthcoming emissions trading schemes.”
Since 1999, Finnair has reduced its emissions per seat by a quarter. By 2017, the airline is committed to further reducing its emissions per seat by 24 percent from 2009 levels. In pursuit of the eventual long-term goal of carbon-neutral aviation, the airline follows a four-pillar strategy: technological advancement, operational improvement, infrastructure development and support for a global emissions trading scheme.
More than 3,000 organizations in 60 countries measure and disclose their greenhouse gas emissions, water management and climate change strategies through the Carbon Disclosure Project, an independent, not-for-profit NGO. CDP gathers data on behalf of 551 institutional investors holding 71 trillion USD in assets (51 trillion euros).
“Company responses this year are an abundant source of examples of innovation,” says Amanda Haworth Wiklund, Director of CDP Nordic. “Nordic companies are showing that superior products can be made using less energy and fewer scarce natural resources.”
Finnair began participating in the CDP in 2007.
Finnair Plc
Communications
Further information:
Kati Ihamäki, Vice President, Sustainable Development, Finnair, tel +358 9 818 4101
Finnair Media Desk tel. +358 9 818 4020, comms@finnair.com
Photobank: http://gallery.finnair.com
Finnair blogs: http://blogs.finnair.com
Finnair on Facebook: www.facebook.com/finnair
Finnair Group website: www.finnairgroup.com
Feel Finnair: http://feel.finnair.com
Carbon Disclosure Project: www.cdproject.net
