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.
Lidl Romania aims to contribute to the development of sustainable local agriculture by promoting organic farming and regenerative farming practices, which contribute to soil health and biodiversity conservation.
The EU has emerged as a global leader in green finance, having issued over €65 billion in NextGenerationEU (NGEU) Green Bonds since 2020.
Roeslein & Associates, a leading engineering, procurement, and construction (EPC) services company, announced the opening of its new European Design Center in Krakow, Poland.
The global energy transition, projected to cost €190 trillion by 2050, could see cost reductions of nearly 25% through the use of de-risking instruments.
The Romanian Ministry of Energy launched a grant program funded by the Modernization Fund.
