Aircraft Leasing Ireland was proud to unveil its ALI Sustainability Charter at the inaugural Global Aviation Sustainability Day, held in the Convention Centre Dublin on 27 October 2022.
An output from the ALI’s Aviation Sustainability – Our Future, the objective of this Charter is to establish a framework for assessing and disclosing sustainability alignment for leasing portfolio and provide actionable guidance on how to achieve GHG reduction ambitions.
Sustainability is a prerequisite for the continued long-term growth and success of the sector. The Charter is based upon aviation’s pathway to net zero in 2050, and covers the entire spectrum of ESG, including demonstration of leadership in carbon disclosures and accelerating progress in future aircraft and low carbon technologies.
KPMG, commissioned to develop the Charter, conducted an extensive stakeholder engagement exercise in prioritising the ESG related issues to the aircraft leasing industry. These form the basis and structure of ALI’s Sustainability Charter.
The top ten ESG related issues identified were (for Environment) Innovation & Clean Technology, Climate Action & Net-zero, Waste & Circular Economy; (for Social) Diversity & Inclusion, Ethical Business Practices, Employee Wellbeing; Community Engagement; (for Governance) Industry Leadership, Consistency & Transparency, Accountability & Communication.
As owners of almost half the global fleet of aircraft, the leasing community has the experience and global influence necessary to move the needle and drive aviation towards a sustainable future. The ALI Charter demonstrates our community’s commitment to supporting the wider industry to achieve net zero carbon emissions by 2050.
Senior Industry representatives on stage at the launch the ALI Sustainability Charter during the ALI Global Aviation Sustainability Day in Dublin on 27 October 2022.