STOCK TITAN

American Airlines Releases 2023 Sustainability Report

Rhea-AI Impact
(No impact)
Rhea-AI Sentiment
(Positive)
Tags
Rhea-AI Summary

American Airlines has released its 2023 Sustainability Report, highlighting progress in addressing climate change and other key areas. The report covers:

1. Contrail avoidance research in collaboration with Breakthrough Energy and Google Research

2. Extending sustainability commitment to sourcing and procurement

3. Focus on four priority areas: safety, team member support, customer satisfaction, and climate change

4. Commitment to zero greenhouse gas emissions by 2050

5. Alignment with Task Force on Climate-related Financial Disclosures and Sustainability Accounting Standards Board

CEO Robert Isom emphasized the need for continued work and partnerships, while Chief Sustainability Officer Jill Blickstein acknowledged the challenges ahead in reaching sustainability goals.

Positive
  • None.
Negative
  • None.

FORT WORTH, TX / ACCESSWIRE / July 15, 2024 / American Airlines released its 2023 Sustainability Report, documenting its work to advance the company's strategy to address climate change and accelerate the broader solutions needed to decarbonize aviation, and sharing progress on other issues important to the company and its stakeholders - including safety, human capital and customer experience.

Key progress in 2023 includes American's collaboration with Breakthrough Energy and Google Research on groundbreaking contrail avoidance research, which will inform how the industry might address its impact on climate change. The report also includes a discussion of how American is extending its commitment to sustainability to its sourcing and procurement practices.

"Thanks to the hard work of our more than 140,000 team members, American continues to deliver for our customers while making strides toward our sustainability goals," said American's CEO Robert Isom. "There is far more work to be done and many areas where we will continue to rely on policymakers and partnerships to make progress. But I'm proud of our record - from advancing the development of lower-carbon technologies, to our work to better develop and recruit a diverse and talented group of leaders with unmatched expertise throughout the company."

Through ongoing engagement across the company and with a broad range of external stakeholders, American has identified four priority sustainability issues discussed in detail in the report: safety; support for team members; customer satisfaction and operational performance; and climate change and fuel efficiency. American has maintained its commitment to its long-term sustainability goals, while recognizing the challenges and interdependencies in reaching them.

"American's goal to achieve zero greenhouse gas emissions by 2050 is the right one, but it won't be easy," said American's Chief Sustainability Officer Jill Blickstein. "Our report describes the concrete steps we have taken and sets the stage for the hard work in the years ahead. American is committed to working with our partners inside and beyond the aviation industry to get us and our industry on a path to meet these global challenges."

In line with American's commitment to transparency and strong industry standards, the report also substantially aligns with the recommendations of the Task Force on Climate-related Financial Disclosures and the standard for the airline industry developed by the Sustainability Accounting Standards Board.

Read the full Sustainability Report.

About American Airlines Group
To Care for People on Life's Journey®. Shares of American Airlines Group Inc. trade on Nasdaq under the ticker symbol AAL and the company's stock is included in the S&P 500. Learn more about what's happening at American by visiting news.aa.com and connect with American @AmericanAir and at Facebook.com/AmericanAirlines.

View additional multimedia and more ESG storytelling from American Airlines on 3blmedia.com.

Contact Info:
Spokesperson: American Airlines
Website: https://www.3blmedia.com/profiles/american-airlines
Email: info@3blmedia.com

SOURCE: American Airlines



View the original press release on accesswire.com

FAQ

What are the key highlights of American Airlines' 2023 Sustainability Report?

The 2023 Sustainability Report highlights American Airlines' (AAL) progress in addressing climate change, contrail avoidance research, sustainability in sourcing, and focus on safety, team support, customer satisfaction, and climate change. It also reaffirms their commitment to zero greenhouse gas emissions by 2050.

Who did American Airlines (AAL) collaborate with for contrail avoidance research in 2023?

In 2023, American Airlines (AAL) collaborated with Breakthrough Energy and Google Research on groundbreaking contrail avoidance research to address aviation's impact on climate change.

What are the four priority sustainability issues identified by American Airlines (AAL) in their 2023 report?

American Airlines (AAL) identified four priority sustainability issues in their 2023 report: safety, support for team members, customer satisfaction and operational performance, and climate change and fuel efficiency.

What is American Airlines' (AAL) long-term greenhouse gas emissions goal as stated in the 2023 Sustainability Report?

According to the 2023 Sustainability Report, American Airlines (AAL) has set a long-term goal to achieve zero greenhouse gas emissions by 2050.

How many team members does American Airlines (AAL) have as of 2023?

As mentioned in the 2023 Sustainability Report, American Airlines (AAL) has more than 140,000 team members.

American Airlines Group Inc.

NASDAQ:AAL

AAL Rankings

AAL Latest News

AAL Stock Data

10.97B
649.02M
1.25%
56.83%
8.66%
Airlines
Air Transportation, Scheduled
Link
United States of America
FORT WORTH