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We maintain detailed records of our actual jet fuel and ground fuel consumption per station for all scheduled and unscheduled flights.
� We plan to replace our older which are more fuel efficient.
per flight.ª � We provide our Flight Crews with improved up to date wind data linked to the aircraft that are designed to take advantage of real time wind profiles that further reduce fuel consumption per flight.ª � We have equipped our aircraft and Flight Crews to take advantage of FAA NextGen Air Traffic Initiatives ...
RNP combines the capabilities of advanced aircraft avionics, satellite navigation, and new flight procedures to enhance navigational and operational capabilities, improve fuel efficiency, and, as a result, reduce greenhouse gas emissions as compared with what would have otherwise been emitted.
Fuel Saving Programs and Policies:« � Winglets are installed on all aircraft in our fleet, reducing drag and increasing fuel efficiency.ª � Single engine taxiing (SET) is performed when practicable to conserve fuel and reduce costs.
the baseline year for tracking progress against our emissions intensity goal, aligned with the CORSIA baseline and the global aviation industry carbon-neutral growth goal to limit net carbon emissions to 2019 levels (See the Planet Section of this report for details of our 10-year plan).
Within this plan, we set an intensity target of reducing emissions per available seat mile by at least 2021, our carbon intensity reduced 5.1% compared with 2019 levels.
When compared with 1.7% due to higher load factors and the return to service of more of our oldest, least fuel-efficient Boeing 737-700 aircraft, which had been placed into storage in 2020 due to capacity cuts in response to the effects of the COVID-19 pandemic.
In addition to reducing the amount of fuel we consume per available seat mile through these comprehensive measures, we also have a plan to replace sustainable aviation fuels (SAF) by 2030.
SAF is a critical component to our fuel strategy, and we have SAF agreements in place that are intended to support achievement of both our fuel replacement and emissions intensity reduction goals.
Tracking and effectively managing the mitigation of greenhouse gas emissions (GHG) associated with our business is core to effective climate risk management.
That’s why we have been publicly reporting on our emissions every year since awareness to the GHG impact associated with our operations.
Our greenhouse gas inventory was assessed by a third-party and completed in accordance with the AA1000 Assurance Standard.
Southwest follows the operational control approach defined by the GHG Protocol, accounting for emissions from operations over which we have complete authority to apply operating practices.
We calculate and incorporate the relevant carbon dioxide (CO oxide (N2O) emissions from our operations.
More than fuel, which is why addressing fuel is imperative to our mitigation plans.
Our remaining < are largely from ground fuel use in the form of gasoline, diesel, and propane, as well as natural gas for heating.
except for CNG (compressed natural gas) emissions, which used the Climate Registry’s factors.
Scope electricity emissions were calculated using EPA’s eGrid factors by subregion.
environmental laws and regulations is fundamental to our environmental policy.
We continually work to meet our annual goal of zero recorded environmental violations.
We set goals and use our EMS and chemical management system (CMS) to aid in our effort to maintain compliance with environmental regulations, minimize costs and risk, and measure our efforts to improve our environmental performance.
While fuel is the most significant contributor to our emissions, we continue to report on our waste and recycling efforts as they minimize our environmental impact by conserving natural resources, including raw materials use, while continuing to meet our operational requirements.
We closely track and monitor our waste generation each year, analyzing trends across our stations, breaking waste streams out by category and status.
This is a risk-based approach to mitigate organizational cybersecurity risks and impacts to Southwest’s facilities, airports, and aircraft.
working securely in a remote environment, and password security.
To support our operation, we purchase goods and services from nearly countries, but the majority of our supply base and spend is in the U.S. domestic market since our network footprint is primarily as a North American carrier.
Fuel efficiency (RPMs/gallon) with the AA1000 Assurance Standard.
This assurance engagement included our Scope 2, and Scope 3 GHG emissions.
including our Vice Presidents of People, DEI, Legal, Investor Relations, Communications and Outreach, and Environmental Sustainability, as well as our Executive Vice President People and Communications, and our Chief Financial Officer.
In the air, we strive to responsibly manage our fuel consumption and improve our emissions intensity.
Given fuel is one of our largest expenses, managing fuel consumption is not only good for the environment, it’s also good for our bottom line.
utility data, capturing the electricity, natural gas, and water consumed in our operations.
GSE fuel is tracked and aggregated by fuel type, including auto gas, diesel fuel, dyed diesel fuel, propane fuel, and compressed natural gas.
Incremental fuel savings (gallons) are tracked through a combination of direct measurements and estimates for several ground, air, and weight related fuel efficiency initiatives.
Our fuel consumption and fuel saving programs are closely tracked and monitored in order to understand the incremental savings such initiatives yield each year.
One of the most important issues surrounding chemical management is the use of ozone depleting substances.
The ozone layer prevents harmful ultraviolet light from passing through the atmosphere, and the use of these substances can cause a decrease in the total volume of the ozone layer.
Potential ozone-depleting substances Southwest presently uses include refrigerants found in the HVAC systems and appliances of Southwest operated buildings and the air conditioning systems of Company vehicles.
Based on an upper-bound assumption of the expected losses that would occur from Southwest facilities, in emissions from these refrigerants represented less than 0.02% of our total greenhouse gas emissions.
We do not produce or import ozone-depleting substances in Southwest operations.
We measure reductions in the form of an emissions intensity reduction (Scope and 2) per ASM from our baseline 2019.
Our fleet modernization plans and fuel efficiency initiatives contribute to this reduction in emissions intensity.
Since estimated to have saved 25 million gallons of jet fuel, equivalent to 248,000 metric tons CO2e with 7.5 million gallons of savings occurring in 2021 alone.
for each year to provide a comprehensive summary of all our waste disposal across our stations.
Material data collected includes scrap metal, batteries, e-waste, light bulbs, shredded paper, municipal waste, and all maintenance and cleaning agents (oil filters, glycol, solvents, paints, etc.).
each year to provide a comprehensive summary of all our waste disposal across our stations.
Material data collected includes scrap metal, batteries, e-waste, light bulbs, shredded paper, comingled recycling, and recycled maintenance and cleaning agents (oxygen generators, sealants, petroleum products, etc.).
Our Supplier Diversity Program seeks sustainable, diverse suppliers that are women-owned.
including but not limited to the importance of candidate engagement, tracking data to ensure representation, offering diversity in interview panels, and building and delivering trainings to hiring leaders and recruiters so they are aware of best practices.
It’s good for our business – we save money on fuel and electricity.
And it’s good for the Planet – jet fuel consumption contributes to over greenhouse gas emissions, so every gallon of fuel saved makes a difference.
and promoting appropriate legislation, policies and action in this regar We created Diversity Hiring courses to help Leaders recognize and minimize unconscious bias in the workplace and to promote DEI in the hiring process.
resilient and sustainable economic losses relative to global gross domestic product caused by disasters, including water-related disasters, with a focus on protecting the poor and people in vulnerable situation One of our strategic giving pillars focuses on living resiliently.
municipal and other waste managemen Southwest strives to be a good neighbor in every community we serve.
We work closely with the airports we fly to and abide by local environmental requirements and work with them toward their sustainability goals.
On the ground, we have a focus on reducing fuel burn at airports through electrification of our ground support equipment, use of single engine taxiing whenever possible, and a focus on minimizing use of the auxiliary power unit (APU).
In April 2021 Southwest Airlines donated to the National Forest Foundation (NFF) in honor of the Company's 50th Anniversary.
To commemorate this special occasion, Southwest worked with NFF to plant 1,000 trees for each of the carrier's 50 years of service.
The trees will be planted throughout California, Georgia, and Oregon, in an effort to help support wildfire recovery, restore native ecosystems, improve water and air quality, and reduce soil erosion.
information into their reporting cycl We have annually reported on the progress of our climate change mitigation actions in our One Report, which includes Global Reporting Initiative (GRI) Standards that have been used to guide our ESG disclosures since 2009.
Southwest has voluntarily reported our greenhouse gas emissions through CDP for the past 10 years.
In our CDP response, we quantify climate change impacts, risks, and opportunities on our business, and provide information on how we’re integrating climate change into our business strategy.
In addition to our partnerships, such as with Yale’s Center for Natural Carbon Capture and as a founding member of the Aviation Climate Taskforce, we have also created opportunities for Customers to directly engage with us.
The first U.S.-based airline carbon offset offer with loyalty points and for every dollar contributed toward offsetting Southwest's carbon emissions, Southwest will match the contribution. The Green Incentive Program, a Southwest Business performance-based incentive program that provides corporate Customers the opportu...
Factors include, among others, (i) any negative developments related to the COVID-example, with respect to the duration, spread, severity, or any recurrence of the COVID-19 pandemic or any new variant strains of the underlying virus; the effectiveness, availability, and usage of COVID-19 vaccines; the impact of governm...
environmental-sustainability-plan 25 Taxes and fees will not be matched by Southwest or earn points.
Form 29 https://airlines.iata.org/analysis/realizing-the-potential-of-sustainable-aviation-fuel 30 Lowest carbon intensity claim is according to Velocys.
Emissions from refrigerant losses are not included in our emissions inventory due to their de minimis impact on our overall emissions.
44 NOx and SOx emissions are reported in our annual emissions inventories for our DAL and PHX facilities.
Data is from prior year due to air emissions reporting cycle.
Does not include international flights due to regulations that require waste from international flights to be sterilized.
The non-GAAP measures provided that relate to the Company’s performance on an economic fuel cost basis include: net loss, non-GAAP.
The Company's economic fuel and oil expense results differ from GAAP results in that they only include the actual cash settlements from fuel hedge contracts—all reflected within fuel and oil expense in the period of settlement.
Thus, fuel and oil expense on an economic basis has historically been utilized by the Company, as well as some of the other airlines that utilize fuel hedging, as it reflects the Company’s actual net cash outlays for fuel during the applicable period, inclusive of settled fuel derivative contracts.
Any net premium costs paid related to option contracts that are designated as hedges are reflected as a component of fuel and oil expense, for both GAAP and non-GAAP (including economic) purposes in the period of contract settlement.
The Company believes these economic results provide further insight into the impact of the Company's fuel hedges on its operating performance and liquidity since they exclude the unrealized, noncash adjustments and reclassifications that are recorded in GAAP results in accordance with accounting guidance relating to de...
This enables the Company's management, as well as investors and analysts, to consistently assess the Company's operating performance on a year-over-year or quarter-over-quarter basis after considering all efforts in place to manage fuel expense.
Further information on (i) the Company's fuel hedging program, (ii) the requirements of accounting for derivative instruments, and (iii) the causes of hedge ineffectiveness and/or mark-to-market gains or losses from derivative instruments is included in Note the Consolidated Financial Statements on for the fiscal year ...
55 The 737-8 is approximately 14% more fuel-efficient than the 737-800.
73 Scope 1 emissions include all jet fuel and ground support equipment fuels consumed, as well as natural gas consumption.
Scope emissions are reported as location based emissions per GHG Protocol Corporate Standard.
Emissions intensity per ASM improved in to capacity reductions along with lower load factors resulting from the COVID-19 pandemic.
In older aircraft back into operation to meet returning consumer demand, contributing to the slight increase in emissions per ASM compared with the prior year.
To help ensure the digital economy is a safe and convenient place for businesses of all sizes to operate, we continue to invest in the security of our network and the broader ecosystem, including our investment of over $ in fraud protection over the past five years.
public transit systems and electric vehicle charging networks and launching the Visa Eco Benefits bundle to help Visa cardholders better understand the environmental impact of their day-to-day payments.
This, together with strong, independent governance, contributes to our ability to be a leader in our industry in environmental, social and governance (ESG) performance.
Please direct questions on this report or topics related to our environmental, social and governance disclosures to sustainability@visa.com.
management of ESG matters, overall ESG strategy, stakeholder engagement, formal reporting, and policies and programs in specific areas, including environmental sustainability, climate change, human rights, political activities and expenditures, social impact and philanthropy.
In discussed a range of ESG topics, including human capital management, inclusion and diversity, climate strategy, political contributions and technology – including information security and cybersecurity.
In FY topics, goals related to digital enablement of small and micro businesses; environment and climate initiatives; employee participation in social impact programs; inclusion and diversity initiatives; and employee wellbeing programs.
a blueprint for governments, businesses and civil society organizations to address the most pressing environmental and social issues globally.
It develops new research and insights to inform long term policy within the global payments ecosystem.
Our initiatives and partnerships focus on helping to enable equitable access to the financial and digital ecosystem for everyone, everywhere.
Women's World Banking drives impact through its scalable, market-driven financial and policy solutions, gender lens private equity fund and leadership and diversity programs.
Visa’s ecosystem is a network of networks that enables participants to move money for everyone, everywhere.
For payments security, we are committed to making our ecosystem the most secure, resilient and trusted engine of commerce.
We continuously scan the ecosystem to identify and invest in new capabilities, work with clients to help secure the environment and take action to improve the security, integrity and resiliency of our network.
We invest in innovation to build and maintain trust for our network and the broader payments ecosystem.
The Visa Intelligent Security framework offers our ecosystem partners dynamic, data-rich solutions that help balance fraud reduction and dispute prevention.