Air Canada’s corporate sustainability report, Citizens of the World, has been named the Best Sustainability Report in the Transportation Category by The Finance and Sustainability Initiative (FSI).
It is the second year in a row Air Canada’s report has been named best in the sector by the FSI, a non-profit organization that brings together finance professionals dedicated to promoting sustainable finance and responsible investment to financial institutions, companies and universities.
“Air Canada is proud to receive this recognition because accountability is an important aspect of sustainability programs. We know that promoting sustainability is the right thing to do but also essential, because it is only when communities and their members are flourishing that we ourselves can succeed,” said Air Canada president Calin Rovinescu. “We therefore incorporate considerations of sustainability into everything we do and our sustainability report, Citizens of the World, is a means of tracking our progress and contributions in the areas of safety, the environment, our employees and local communities.”
Highlights of Air Canada’s 2016 CSR activities described in Citizens of the World, Air Canada’s 2016 include:
- A reduced incidence of Lost Time Injuries (LTIs) by 5.7%, measured by LTIs per 100 full time equivalent employees for Air Canada mainline.
- A fuel efficiency improvement of 4.3% compared to 2015, with fuel efficiency projects combined saving over 13,800 tonnes of fuel or approximately 44,400 tonnes of CO2e (equivalent). Between 1990 and 2016, Air Canada improved fleet fuel efficiency by 40%.
- Completed negotiations with the last of the company’s main Canadian union groups, resulting in labour stability unprecedented for Air Canada and almost unheard of in the airline industry. Air Canada now has ratified, long-term contracts with union groups representing the majority of its 25,000 Canadian-based unionized employees.
- The Air Canada Foundation donated money and in-kind goods and services, including aircraft for Dreams Take Flight, totaling approximately $4.5 million.
Air Canada’s 2016 corporate sustainability report is available at http://www.aircanada.com/csr.