World’s number one regional aircraft manufacturer ATR today announced it has received the approval of its near-term emissions reduction targets by the Science Based Targets initiative (SBTi). This independent assessment is a key achievement for ATR, who went through a robust evaluation of its entire set of emissions in order to define science-based reduction targets.
ATR is committed to achieving by 2030 a 50.4% reduction of absolute greenhouse gas (GHG) emissions related to operational processes and energy consumption (Scope 1 and Scope 2), in line with the 1.5°C trajectory outlined in the Paris Agreements. Within the same timeframe, the manufacturer is committed to reducing by 30% the absolute GHG emissions generated by its in-service aircraft fleet (Scope 3 – use of sold products). The baseline for both targets is 2018.
Avation PLC (LON:AVAP) is a commercial passenger aircraft leasing company owning a fleet of aircraft which it leases to airlines across the world. Avation’s future focus are new technology low CO2 emission aircraft.
