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LATAM launches sustainability strategy
South America’s LATAM Group has outlined a comprehensive 30-year sustainability strategy as it seeks carbon neutrality by 2050.
The strategy consists of four core pillars; Environmental Management, Climate Change, Circular Economy and Shared Value.
"As a group we have the responsibility to go further in the search for collective solutions. We want to be an actor that promotes the social, environmental and economic development of the region," said Roberto Alvo, CEO of LATAM Airlines Group.
It is collaborating with The Nature Conservancy (TNC), which forms part of the Climate Change pillar, to plan conservation and reforestation actions in the region.
The group announced that it will work to reduce emissions through the incorporation of sustainable fuels and new aviation technologies – expected to be available in 2035.
"The environment cannot wait 15 years to have the necessary technologies to reduce emissions. This is why we will work in parallel to promote these transformations and offset our emissions through nature-based solutions," Alvo added.
LATAM will contribute to offset 50% of its domestic emissions by 2030.
Additionally, it will promote a program that allows passengers, corporate and cargo customers the option of offsetting the CO2 emissions associated with their trips.
In conjunction, the group will offset the same amount of CO2 emissions as customers under the 1+1 program.
Single-use plastics will be eliminated by 2023, as the on-board recycling program will be expanded on all domestic routes and all lounges made 100% sustainable.
Similarly, the group plans to implement a uniform recycling program in all countries and replace on board materials with compostable, recyclable or certified items.
The group will implement a transparent and auditable environmental management system to take into account environmental variables across the group’s processes.
It aims to have environmental certification (IEnvA) throughout its operation, granted by the International Air Transport Association (IATA).
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