Finnair announced (06-Mar-2020) plans to reduce net emissions by 50% by the end of 2025 from the 2019 baseline and achieve carbon neutrality by 2045. Key measures to reduce the carrier's carbon footprint include:
- A EUR3.5 billion to EUR4 billion investment in fleet during 2020 to 2025 to reduce emissions by 10% to 15%;
- Investing EUR60 million in sustainability between 2020-2025;
- Reduction of weight on board every service by ending inflight travel retail sales within the EU, effective 29-Apr-2020;
- Driving operational efficiencies to improve fuel efficiency of every service;
- New sustainable jet fuel partnership with Neste;
- Offsetting carbon emissions of corporate customers' travel;
- Inviting passengers make sustainable choices and match offsetting and biofuel contributions with biofuel;
- Reduce food waste in catering operations by 50% by the end of 2022, as well as introduce additional vegetarian options.
Finnair also proposed at its AGM an amendment into the Articles of Association, allowing Finnair to engage in activities which increase positive effects and reduce negative effects of our business on the environment and society. [more - original PR]