Cathay Pacific now Asia’s first airline to pivot 10% SAF use by 2030
It sets its sights to buy over 350 million gallons of sustainable aviation fuels.
Cathay Pacific announced, starting 2024, it will buy more than 350 million gallons of sustainable aviation fuels, making it the first Asian airline to see 10% SAF utilisation in the next eight years.
In its sustainability report, the aviation firm said it also co-founded the Aviation Climate Task Force, an industry platform which will speed up the development of technologies that will support the decarbonisation of civil aviation.
“We also developed Asia’s first major Corporate SAF Programme in 2021, which came to fruition last month with the launch of its pilot phase, bringing SAF into Hong Kong International Airport for uplift for the very first time. Together with our partners and corporate customers, we will continue to connect Hong Kong to the world in sustainable ways as recovery accelerates,” Augustus Tang, the aviation firm’s CEO, said in a statement.
Aside from eco-friendly goals, Cathay Pacific said it vowed to raise female representation at its senior positions by 25% – pushing 30% in total – in three years. To do this, the airline said it already set up a diversity and inclusion steering committee for 2021.
It also joined the IATA “25 by 2025” initiative or the Advancing Gender Balance by 2025.
Cathay Pacific said it will also review its policies and remove biases, educating and promoting gender awareness.
“Going forward, we will work on developing accountability for leaders around inclusive leadership, as well as customer-focused inclusive initiatives,” read the report.