Business | 9 July, 2024 at 9:00 AM
Wizz Air remains committed to cutting CO2 intensity by 2030
Wizz Air will maintain its commitment to significantly reduce CO2 intensity by 2030.
Wizz Air will maintain its commitment to significantly reduce CO2 intensity by 2030.
Wizz Air has reported that its average carbon emissions for 2023 reached 51.5 grams per passenger/kilometre, 6.8% less than in 2022.
Wizz Air has announced that it achieved a CO2 emission intensity of 51.2 grams per passenger/km in the first half of fiscal year 2024, 8% less than in the same period of fiscal year 2023.
Wizz Air has reduced its carbon emission intensity by another 11%. The airline has published its annual sustainability update, showing progress towards its sustainability goals.
Wizz Air was named the most sustainable low-cost airline for the third consecutive year at the World Finance Sustainability Awards 2023. The company states that World Finance magazine appreciated Wizz Air's sustainability credentials and its commitment to reducing emissions by another 25% by the end of the decade.
Wizz Air has announced that it is investing £5 million in biofuels company Firefly, Wizz Air's first capital investment in sustainable aviation fuel research and development. Over 57 million tonnes of sewage sludge are produced in the UK each year, with the potential to produce 250,000 tonnes of sustainable SAF fuel.
The low-cost airline Wizz Air has signed a Memorandum of Understanding with Neste for the supply of sustainable aviation fuel (SAF) from 2025. Wizz Air is characterized as the most environmentally sustainable globally.
Poland has moved up 49 places in the Climate Risk Index 2025, underscoring the increasing impact of climate change on the real estate sector. Heatwaves, heavy rainfall, droughts and floods are becoming a regular challenge for property owners and investors, according to Cushman & Wakefield.
European companies are facing widespread challenges as they attempt to comply with the EU's new sustainability reporting standards, according to recent findings from the European Financial Reporting Advisory Group (EFRAG).
Improving energy efficiency in buildings plays a key role in building a sustainable future. It leads to lower costs, a healthier indoor environment, and a smaller environmental footprint. According to România Eficientă, efficient energy use is not about sacrificing comfort but about eliminating waste.
Hidroelectrica has selected Waldevar Energy to implement the Nufărul Project, a pioneering renewable energy initiative set to become the largest floating photovoltaic (FPV) system installed on a hydroelectric dam in Europe.
The European Ombudsman has formally questioned the European Commission's handling of recent proposals aimed at scaling back corporate sustainability requirements, raising concerns over transparency and procedural compliance.
