Charting a path to net zero: the importance of carbon footprints to aid decision making

Companies that fail to respond to the impacts of the transition to a lower-carbon economy face financial and reputational risks. Greenhouse gas emissions from airline and airport operations and across the value chain create risk due to ever tighter carbon constraints from increasingly stringent policies, changing consumer behaviour, and shareholder expectations. A robust carbon footprint provides the foundation to develop a transition strategy ; one that should not be considered as an abstract initiative that is layered onto the company’s business model, but one that informs how the model should evolve to limit exposure to transition risk, and ensure the company’s long-term viability.