PAL Holdings Inc 2022 SR
The 2022 Sustainability Report for PAL Holdings, Inc. (Philippine Airlines) highlights the company's recovery and financial restructuring, achieving a net income of over PHP 10 billion. Key initiatives included the reactivation of its fleet and the restoration of the Cebu Network Hub. The company committed to achieving net zero carbon emissions by 2050 and successfully shifted major facilities to 100% renewable energy sources, meeting its 2030 target early. Additionally, the report details significant progress in safety, with both PAL and PAlex maintaining zero fatal accidents for over two decades, and a strong focus on community support through the PAL Foundation.
Company: PAL Holdings Inc
Sector: Industrials
Country: Philippines
Year: 2022
Type: SR
Pages: 92
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PAL Holdings Inc
Sustainability Report
The 2022 Sustainability Report for PAL Holdings, Inc. (Philippine Airlines) highlights the company's recovery and financial restructuring, achieving a net income of over PHP 10 billion. Key initiatives included the reactivation of its fleet and the restoration of the Cebu Network Hub. The company committed to achieving net zero carbon emissions by 2050 and successfully shifted major facilities to 100% renewable energy sources, meeting its 2030 target early. Additionally, the report details significant progress in safety, with both PAL and PAlex maintaining zero fatal accidents for over two decades, and a strong focus on community support through the PAL Foundation.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Renewable Energy
Water Consumption
Total Waste
Women in Management
Workplace Fatalities
Net Zero Target
Employees