Brazil-based aviation and aerospace company Embraer announced today a series of new ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. goals and initiatives, including a commitment to become carbon neutral by 2040. Embraer also aims to enter the zero emissions aviation market, with plans to launch an electric vertical takeoff and landing (eVTOL) aircraft by 2026, and achieve net zero aviation emissions by 2050.
As part of its goal to become carbon neural across its operations by 2040, Embraer targets a 50% reduction in net carbon emissions by 2040 from a 2018 baseline, to use energy from 100% renewable sources by 2030, to begin using sustainable aviation fuel (SAF) by 2021, and achieve carbon neutral growth from 2022, with 2021 as a base year.
To reach its net zero aviation emissions target by 2030, Embraer stated it will develop a range of products, services and disruptive sustainable technologies such as electrification, hybrid, SAF and other innovative energy alternatives. The company will collaborate with suppliers to make its current aircraft compatible with the use of 100% SAF and will actively work with the supply chain to expand the global SAF production scale.
Francisco Gomes Neto, President and CEO of Embraer, said:
“At Embraer, we recognize the urgency of the climate crisis and we are fully committed to a more sustainable future. We are stepping up our efforts to minimize our carbon footprint by remaining dedicated to innovating solutions that have a broader impact for our customers, our local communities, and our aircraft.”
Embraer also announced a series of socialSocial criteria examine how it manages relationships with employees, suppliers, customers, and the communities where it operates. goals as part of its ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. initiatives, with a focus on education and socialSocial criteria examine how it manages relationships with employees, suppliers, customers, and the communities where it operates. inclusion. The company aims to have 25% women in its in-company Master of Science in Aeronautical Engineering program by 2025, to bring more than 80% of the students from Embraer high schools to public universities, and to launch “SocialSocial criteria examine how it manages relationships with employees, suppliers, customers, and the communities where it operates. Tech,” a program aiming to provide training for tech related jobs to people from underrepresented groups in technology.
Carlos Alberto Griner, Embraer’s Vice President of People, ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments., and Communications, said:
“The demand for qualified professionals in the technology field is growing in the global job market; however, they are often not within the reach of underrepresented groups. With SocialSocial criteria examine how it manages relationships with employees, suppliers, customers, and the communities where it operates. Tech, it is our hope to contribute to eliminating these socialSocial criteria examine how it manages relationships with employees, suppliers, customers, and the communities where it operates. and economic barriers.”
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