Airbus // Universal Registration Document 2023
1. Information on the Company’s Activities 1.2 Non-Financial Information
Monitoring system: The table below shows an overview of the monitoring system in place. More detailed descriptions, as well as performance measures and analysis, can be found in the respective topic sections. Moreover, effectiveness of actions is reviewed periodically in the respective topical governance bodies, as well as in the Sustainability Strategy Committee whose scope encompasses all four topics.
Responsible management body
Supervising committee
KPIs
Controls
Environment > Operations > Use of Products
CO 2e Scope 1, 2, Water, Waste Delivered aircraft CO 2 efficiency metric
S&E Organisation / Environmental Roadmap
ERM, internal audit
Health and Safety
Lost time injury frequency rate
Health and Safety Department
ERM, internal audit
Sustainability Strategy Committee
ERM, site social assessments and supply chain assessments ERM, external assessments, self assessments
Nb of social assessments % of findings closed within 18 months
S&E Department / Human Rights Roadmap
Human Rights
Nb of identified high risk suppliers % action plan launched
Procurement / Sustainable Supply Chain Roadmap
Supply Chain
Lead the Journey Towards Clean Aerospace
1.2.2 Climate Change
I. Introduction In line with the Company’s purpose, “ pioneering sustainable aerospace for a safe and united world ”, and its aim to lead the transition of the air transport sector towards the goal set by IATA, ATAG and ICAO to reach “net zero carbon emissions by 2050”, the Company’s foremost ambition is to play a leading role in the decarbonisation of the aviation sector. This includes preparing technologies for the next generation of Single Aisle aircraft to be ready in the second half of the next decade, and bringing the first hydrogen-powered commercial aircraft to the market by the middle of the next decade. The Company also believes sustainable aviation fuel (“ SAF ”) is one of the aerospace industry’s
key decarbonisation solutions that can be used in both in-service fleets and the flying fleets of tomorrow. In parallel, the Company is investing significant resources into examining and reducing the impact of its products in operation (together with many actors within the aviation sector). Consideration of greenhouse gas (“ GHG ”) emissions throughout the value chain is a key focus for the Company’s analysis of its contribution to climate change. The so-called “non-CO 2 ” effects of aircraft operations are also being studied in order to determine their potential climate impact (see Transition plan – Product stewardship).
72 Airbus Annual Report
Universal Registration Document 2023
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