Qantas Airways Limited · ASX:QAN
Qantas Airways — ESG Presentation (March 2022)
20 slides from Qantas Airways's sustainability presentation, Mar 31, 2022
Slide 1: Qantas Group Climate Action Plan
HIGHLY RESTRICTED QANTAS GROUP CLIMATE ACTION PLAN 31 MARCH 2022 1 DO NOT COPY WITHOUT EXPLICIT PERMISSION FROM OWNER
Slide 2: Disclaimer
HIGHLY RESTRICTED QANTAS GROUP CLIMATE ACTION PLAN DISCLAIMER This Presentation and Climate Action Plan has been prepared for the purpose of providing investors in Qantas Airways Limited (Qantas) with information regarding our long-term planning with respect to climate change. It contains forward-lo
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Slide 4: Climate change is one of aviation's most pressing issues
HIGHLY RESTRICTED QANTAS GROUP CLIMATE ACTION PLAN Globally, the aviation sector wants to contribute Climate change to the global climate ambition of the UN Paris Agreement to limit warming to well below 2⁰C above pre-industrial levels. is one of aviation's However, it will not be easy to decarbonis
Slide 5: Group Emissions Pathway
HIGHLY RESTRICTED QANTAS GROUP CLIMATE ACTION PLAN Group Emissions Pathway Qantas Group CO2-e emissions Pathway to Net Zero Emissions by 2050 20 Frozen Fleet • Increase our operational and fuel efficiency through continued fleet renewal 16 CO2-e emissions, Million Tonnes Fleet renewal 1 Op Benefits
Slide 6: Our interim 2030 targets set a strong trajectory for our path to net zero
HIGHLY RESTRICTED QANTAS GROUP CLIMATE ACTION PLAN Our interim 2030 targets set a strong trajectory for our path to net zero by 2050 Average of 25% reduction in 10% Sustainable 1.5% per year Zero general net emissions Aviation Fuel Zero single-use fuel efficiency waste to landfill from 2019 levels (
Slide 7: The Qantas climate action strategy provides a pathway towards net zero
HIGHLY RESTRICTED QANTAS GROUP CLIMATE ACTION PLAN The Qantas climate action strategy provides a pathway towards net zero Targets1 Reduce carbon emissions by 25 per cent by 2030 (from 2019 levels) Reach net zero emissions by 2050 Decarbonisation Operational and Sustainable Carbon offsets pillars Fle
Slide 8: Fuel efficiency improvement will average 1.5% per annum to 2030
HIGHLY RESTRICTED QANTAS GROUP CLIMATE ACTION PLAN Fuel efficiency improvement will average 1.5% per annum to 2030 Jetstar’s fleet renewal Project Winton Project Sunrise Future Technologies – A321NEO-LR (which are ~15% – Qantas narrow-body fleet being – Direct East Coast to London & – Work with othe
Slide 9: Sustainable Aviation Fuel (SAF) is central to our interim and 2050 targets
HIGHLY RESTRICTED QANTAS GROUP CLIMATE ACTION PLAN Sustainable Aviation Fuel (SAF) is central to our interim and 2050 targets Qantas SAF commitment will rapidly increase What is sustainable aviation fuel? Aviation fuel made from sustainable biological sources such as used cooking oil, council waste,
Slide 10: Qantas has made initial steps towards use of SAF but action is needed
HIGHLY RESTRICTED QANTAS GROUP CLIMATE ACTION PLAN Qantas has made initial steps towards use of SAF but action is needed for widespread adoption Mar 2022 Dec California SAF purchase Create more than 7,400 2021 Qantas secures further SAF supply jobs by 2030, and up by agreeing to purchase nearly to 1
Slide 11: Carbon Offsetting
HIGHLY RESTRICTED QANTAS GROUP CLIMATE ACTION PLAN Carbon Offsetting Sourcing Strategy Carbon Offset Integrity PROCUREMENT PROJECT ORIGINATION Buying from Market Investing in Projects Industry Leaders OUR GOAL Independent Audit / Science-based verification 100% <80% 0% >20% 2022 2030 2022 2030 High
Slide 12: Project Wheatbelt MOU
HIGHLY RESTRICTED QANTAS GROUP CLIMATE ACTION PLAN Project Wheatbelt MOU The Project is designed to support the opportunity for landowners to benefit from: - More drought resilient cash crops — which will support the diversification of current income - The opportunity to reduce volatility of existin
Slide 13: Our waste reduction roadmap will be actioned over three main horizons
HIGHLY RESTRICTED QANTAS GROUP CLIMATE ACTION PLAN Our waste reduction roadmap will be actioned over three main horizons REDUCING OUR WASTE LOOKING FORWARD HORIZON 1 Innovate & – Access innovative products through suppliers implement – Group-wide training and waste change management program 30,000 o
Slide 14: Looking forward: Our next steps over the coming 12 months
HIGHLY RESTRICTED QANTAS GROUP CLIMATE ACTION PLAN Looking forward: Our next steps over the coming 12 months We will be implementing enhanced governance measures across the Group: Further progress our SAF & Linking executive offset strategies Adapting the Group’s remuneration to our Financial Framew
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Slide 16: Green tier
HIGHLY RESTRICTED QANTAS GROUP CLIMATE ACTION PLAN Green tier OLIVIA WIRTH 16 DO NOT COPY WITHOUT EXPLICIT PERMISSION FROM OWNER
Slide 17: Our Vision
HIGHLY RESTRICTED QANTAS GROUP CLIMATE ACTION PLAN Our Vision Green tier was born of research among members and our desire to do more for them Use the Loyalty Program to make it easy for members to be more sustainable Priorities and future member experience in their daily lives. Inspire and incentiv
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Slide 19: Green tier – construct and recognition
HIGHLY RESTRICTED QANTAS GROUP CLIMATE ACTION PLAN Green tier – construct and recognition Complete actions in Unlocks rewards 5 out of 6 categories and recognition Offset Flying Choose Your Reward Offset a flight booked on Qantas.com On attainment of Green tier choice of: Contribute to sustainable a
Slide 20: www.qantas.com/au/en/qantas-group/acting-responsibly/our-planet.html
HIGHLY RESTRICTED www.qantas.com/au/en/qantas-group/acting-responsibly/our-planet.html 20 DO NOT COPY WITHOUT EXPLICIT PERMISSION FROM OWNER