Fort Worth-based American Airlines is the only passenger airline to make the list of the Dow Jones Sustainability North America Index, for the second year running.
The 2022 DJSI features 120 North American sustainability leaders, as identified by S&P Global through the Corporate Sustainability Assessment. It represents the top 20% of the largest 600 North American companies in the S&P Global Broad Market Index, based on long-term economic, environmental ,and social criteria.
American boosted its year-over-year score by more than 20%, reflecting progress the airline has made toward reaching its environmental, social and governance (ESG) goals, the company said.
“Returning to the Dow Jones Sustainability North America Index for a second straight year is a tremendous honor,” American CEO Robert Isom said in a statement. “We know there’s still a great deal of work to do, but I’m proud of the strides our entire team has made over the past year. As we continue to build American to thrive forever, we will keep holding ourselves to this high standard of aviation industry leadership.”
Investing in hydrogen fuel distribution and sustainable aviation fuel made from corn
In October, we wrote about American Airlines’ investment in L.A.-based Universal Hydrogen Co., a hydrogen fuel distribution startup, to help support its goal of achieving net-zero greenhouse gas emissions by 2050.
In July, American finalized an agreement with Colorado biofuel company Gevo, Inc. to purchase 500 million gallons of sustainable aviation fuel made from refined corn—a $2.75 billion deal, according to a Denver Business Journal report. The airline calls that an important step toward its goal to replace 10% of its jet fuel with SAF by 2030.
The full results and list of the 2022 DJSI Index companies are available here.
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