International Consolidated Airlines Group SA 2020 AR2
The report highlights International Consolidated Airlines Group's (IAG) response to the unprecedented challenges of the COVID-19 pandemic during 2020, which resulted in a 66.5% capacity reduction and an operating loss of €4,365 million before exceptional items. To mitigate the crisis, the company successfully completed a €2.74 billion capital increase, restructured its workforce, and accelerated the retirement of older, less fuel-efficient aircraft like the Boeing 747 and Airbus A340. Despite the crisis, IAG maintained its commitment to sustainability, actively supporting the oneworld alliance's pledge to achieve net zero carbon emissions by 2050 and investing in sustainable aviation fuels.
Company: International Consolidated Airlines Group SA
Sector: Transport & logistics
Country: United Kingdom
Year: 2020
Type: AR2
Pages: 230
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International Consolidated Airlines Group SA
Annual Report And Accounts
The report highlights International Consolidated Airlines Group's (IAG) response to the unprecedented challenges of the COVID-19 pandemic during 2020, which resulted in a 66.5% capacity reduction and an operating loss of €4,365 million before exceptional items. To mitigate the crisis, the company successfully completed a €2.74 billion capital increase, restructured its workforce, and accelerated the retirement of older, less fuel-efficient aircraft like the Boeing 747 and Airbus A340. Despite the crisis, IAG maintained its commitment to sustainability, actively supporting the oneworld alliance's pledge to achieve net zero carbon emissions by 2050 and investing in sustainable aviation fuels.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees