Business
ALLEGIANT RELEASES INAUGURAL ENVIRONMENTAL, SOCIAL AND GOVERNANCE (ESG) REPORT
Committed to becoming a more sustainable travel provider, Allegiant made investments in several ESG areas LAS VEGAS, Dec. 30, 2022 /PRNewswire/ -- Today,
About this update from Allegiant Travel Company
[{"type":"text","content":"Committed to becoming a more sustainable travel provider, Allegiant made investments in several ESG areas\nLAS VEGAS, Dec. 30, 2022 /PRNewswire/ -- Today, Allegiant Travel Company (NASDAQ: ALGT) released its 2021 Environmental, Social and Governance (ESG) Report, a comprehensive publication that details the company's efforts to reduce its climate impact and enhance the communities where employees live and work.\n\n \n \n \n \n \n \n\n \nIn 2022, Allegiant partnered with Schneider Electric, the global leader in the digital transformation of energy management and automation, to develop a comprehensive ESG program. The Las Vegas-based airline's goal was to accelerate ESG initiatives throughout the business to better serve its employees, customers, shareholders and communities.\nThe report, Allegiant's first of its kind, has been prepared with reference to the Global Reporting Initiative (GRI) and the Sustainability Accounting Standards Board (SASB) frameworks. It can be viewed online at Allegiant.com.\n\"We are committed to making Allegiant Travel Company an industry leader in sustainability as we develop and adhere to ESG best practices throughout our business,\" said John Redmond, Allegiant's CEO. \"To keep us accountable and in the interest of transparency, we committed to reporting annually on our ESG progress. I'm proud to present our first report in which we begin the process of disclosing data and information on our ESG efforts.\" \nKey highlights from Allegiant's 2021 ESG Report include: \n In 2021, Allegiant's per passenger fuel consumption, measured in gallons of fuel per thousand revenue passenger miles, was 12% more efficient than the industry average.Over the past decade, the Las Vegas-based travel company has reduced fuel consumption on a revenue passenger mile basis more than any other domestic airline due to investments in improving its aircraft fuel efficiency.Allegiant began providing ongoing carbon emissions reporting of its Scope 1, 2 and 3 greenhouse gas (GHC) emissions.In 2021, Allegiant invested more than $200 million and brought in more than 240 high-wage jobs by creating new bases of operations in Austin, Texas; Flint, Michigan; and Appleton, Wisconsin.Allegiant resumed in-kind travel for Make-a-Wish children and their families following a COVID-19 pause and continued to donate more than $1 million annually...