SBTi approves Menzies Aviation’s net zero targets
Menzies’ All In plan for sustainable future includes goals across four pillars: environment, people, safety & ethics
The Science Based Targets initiative (SBTi) has approved the targets of Menzies Aviation to reach net-zero greenhouse gas (GHG) emissions across the value chain by 2045.
This includes a 50 percent near-term reduction in scope 1 and 2 GHG emissions by 2030 from its 2022 baseline, and in scope 3 GHG emissions of between 30 percent and 42 percent within the same timeframe, says an official release from Menzies.
The milestone underscores Menzies’ commitment to strong sustainability leadership and environmental stewardship, taking a proactive approach to combating climate change, the release added. "By setting and pursuing ambitious, science-based targets, it is not only reducing its own footprint but setting a benchmark for the aviation services industry.
"Menzies’ All In plan for a fair and sustainable future includes ambitious goals across four key pillars: environment, people, safety and ethics. Recognising the urgency to act on climate change and limit global warming to 1.5°C, the plan is designed to drive positive change and progress its material ESG priorities."
Among its notable achievements since the launch of its All In plan in 2021, the company has invested significantly in the transition to electric and lower emission ground support equipment (GSE) where airport infrastructure allows, the release added. "In its 2023 Annual Review & Sustainability Report, it announced 17 percent of all GSE equipment was now electric across the business, increasing to 42 percent in Europe, demonstrating good progress ahead of its goal of 25 percent by 2025."
John Geddes, Chief Governance & Sustainability Officer & Company Secretary, Menzies says: “We are thrilled to announce that our 2045 net zero targets have been approved by the SBTi, making us the first major aviation services provider to achieve this important validation. Decarbonisation is an imperative for a sustainable aviation future – one we are committed to achieving with our net-zero targets but there are many other facets to our All In plan that will deliver value for our business and stakeholders and support our growth in a sustainable way well into the future.”
Katy Reid, Head of Sustainability and Corporate Responsibility, Menzies adds: “With our net-zero targets approved by SBTi, now the real work begins. Our commitment to progress against our goals and targets has never been more important. By taking bold steps to reduce the impact our business has on climate change and the natural environment, while mitigating the risks our business faces because of climate change, we believe we will play our part in delivering a sustainable, net zero future for Menzies, and for aviation.”