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AVIATION VOICES

Commercial Aviation Safety & Training

Category: Sustainability

Sustainability

China Southern: ESG turbulence?

October 20, 2024

By William Cox

In a 2024 survey of over 10,000 consumers, 78% felt that ESG (environmental, social and governance) was important; 84% said that poor environmental practices alienate them from a brand or company, thus negatively impacting their purchases.[1]

As such, airlines too depend on convincing consumers that they are good at ESG.

China Southern (stock symbol ZNH) — one of the world’s largest airlines, which is also listed and traded on the New York Stock Exchange – ranks 16th in Yieldrive’s ESG analysis of 18 leading airlines.

The AI-based study shows that ZNH is less transparent than its western competitors both with respect to its ESG and financial data. The airline only reports on 7.63% of the ESG and financial indicators covered in the Yieldrive airline study. (Delta, by comparison, reports on 62%.)

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Sustainability

Ryanair takes off with ESG

August 15, 2024October 20, 2024

By William Cox

Ryanair Holdings plc. (RYAAY), the leading European low-cost airline, takes the top spot in 2023 ESG performance in a Yieldrive study of 18 airlines

In the study Delta scores 2nd and United 7th in terms of financial ESG (Environmental, Social and Governance) performance.

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