The whitepaper, was developed in collaboration with climate solutions provider and carbon project developer South Pole. It examines in detail how the aviation sector should respond to the climate crisis and identifies real solutions, including the most effective ways for private jet companies to minimize the industry’s carbon footprint. It also looks at aviation’s current and potential future environmental impact, analyses the industry’s plan and provides concrete recommendations for businesses in the sector. At a top-level, airlines need to:
- Increase adoption of sustainable aviation fuel (SAF), which is key to aviation’s decarbonization pathway and can reduce carbon emissions by up 85%;
- Demonstrate transparency and progress through auditing greenhouse gas emissions (GHG) and report in line with the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD);
- Complement the reduction of greenhouse gas through investing in climate action projects that adhere to the highest standards and drive the transformation towards a net zero future, while also catalyzing positive impact on local communities.
VistaJet’s whitepaper also provides updates on the significant progress the company has made towards its 2025 carbon neutrality goal, how it manages climate-related risks, and how VistaJet goes beyond compliance with environmental regulations to provide a more sustainable flying solution for its customers. Since VistaJet’s last update in April 2021, the business has:
- Maximized fleet optimization to improve fuel-efficient consumption by 8%;
- Refined its fleet sharing model to continue driving fleet efficiencies;
- Added 10 new Global 7500 aircraft, the first business jet to have a third-party verified Environmental Product Declaration (EPD);
- Worked to make the adoption of carbon offsetting by VistaJet Members grow to over 85%;
- Ensured single-use items are kept to a bare minimum, having achieved an over 90% reduction in their use;
- Continued to advocate externally for the widespread adoption of SAF in the industry;
- Continued its policy of full transparency, publishing in full its GHG and TCFD reports.
Thomas Flohr, Founder and Chairman of VistaJet, said: “The business aviation sector finds itself at a critical juncture. Together as an industry we can reshape the way we conduct business, whilst providing an unparalleled level of service to our customers. We are proud of the progress we have made at VistaJet and we hope that others will take our recommendations to heart. Businesses are rightfully being held accountable for their environmental impact, and with the publication of “A 2022 Action Handbook for Change in Business Aviation” VistaJet hopes to not only showcase what we believe needs to be done and how it can be done but also demonstrate that transparency in action is key.”
Tags: VistaJet
