New Zealand’s National Carrier Drops 2030 Emissions Reduction Target
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The airline says potential delays to its fleet renewal program and the availability of sustainable jet fuels were major challenges. Air New Zealand will remove its 2030 emissions reduction target, and withdraw from the U.N.-backed Science Based Targets initiative (SBTi) aimed at corporate action on climate change. The airline’s goal to reduce its carbon intensity by 28.9 percent by 2030 (compared to 2019 levels) has now been scrapped due to several factors, including access to new planes and alternative jet fuel. Air New Zealand CEO Greg Foran said in recent...