Cathay Pacific 2014 Annual Report Download - page 10

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Cathay Pacific Airways Limited
82014 in Review
• American Airlines and Cathay Pacific extended their
codeshare arrangements to Cathay Pacific flights
between Hong Kong and Newark in April 2014, to
American Airlines flights between Hong Kong and Dallas/
Fort Worth in June 2014 and to Cathay Pacific flights
between Hong Kong and India in December 2014. The
arrangements will be extended to Cathay Pacific flights
between Hong Kong and Boston in May 2015.
• Japan Airlines and Cathay Pacific extended their
codeshare arrangements to Cathay Pacific flights
between Hong Kong and Male and Perth in March 2014.
• Finnair and Cathay Pacific extended their codeshare
arrangements to Cathay Pacific flights between Hong
Kong and Auckland in March 2014.
• Cathay Pacific added its code on Air China flights
between Beijing and Jiamusi and Qiqihar in
November 2014.
• In December 2014, Cathay Pacific entered into
codeshare arrangements with Flybe. The arrangements
cover Flybe flights between Manchester and Aberdeen,
Belfast, Edinburgh, Exeter, Inverness, the Isle of Man and
Southampton. In January 2015, the arrangements were
extended to cover Flybe flights between Paris and
Birmingham, Manchester and Exeter, and between
Amsterdam and Birmingham and Southampton.
• In January 2015, Dragonair entered into codeshare
arrangements with Shenzhen Airlines covering
Shenzhen Airlines flights between Hong Kong
and Jinjiang.
Environment
• Cathay Pacific is involved in the Global Market-Based
Measure Technical Task Force, under the auspices of the
International Civil Aviation Organization. This task force
is leading the industry’s work to develop airlines’
commitment to carbon neutral growth by 2020 and in
developing proposals for a fair and equitable global
agreement on emissions.
• Cathay Pacific engages with groups (the IATA
Environment Committee, the Airlines Advisory Group on
Global Market-Based Measures, the Sustainable Aviation
Fuel Users Group, the Roundtable on Sustainable
Biomaterials and the Association of Asia Pacific Airlines)
involved in shaping climate change and aviation policy.
The aim is to increase awareness of climate change and
to develop appropriate solutions for the aviation industry.
• Cathay Pacific supports market-based measures as an
interim solution to reduce aviation’s emissions, but does
not support the imposition of the European Union’s
Emissions Trading Scheme (EU ETS) on airlines based
outside Europe. Hence, we welcomed the deferment of
the start of EU ETS (except as it relates to intra-European
flights) until 2016.
• In compliance with the amended EU ETS for intra-
European flights, the verification of our 2014 emissions
data by an external auditor was completed in February
2015 and our emissions reports were submitted to the
UK Environment Agency in March 2015.
• A decal signifying our participation in the Airbus-
supported In-service Aircraft for a Global Observing
System (IAGOS) project was applied to the fuselage of a
Cathay Pacific A330-300 aircraft. Instruments fitted on
the aircraft will collect atmospheric data over a 10-year
period to aid scientific studies of climate change.
• Cathay Pacific received the Gold Award in the Transport
and Logistics Sector of the Hong Kong Awards for
Environmental Excellence and the CLP Power Hong
Kong Limited Green Plus Recognition Award. We were
one of three finalists in the Tourism for Tomorrow
Business Awards.
• We have donated over 1,900 sleep suits left behind by
our first class passengers on our Hong Kong-bound
flights to charities to give to the needy.
• In March 2014, Cathay Pacific participated in WWF’s
annual Earth Hour activity. We switched off all non-
essential lighting in our buildings and billboards during
this hour.
• We are a constituent of the Dow Jones Sustainability,
FTSE4Good and the Hang Seng Sustainability Indices.
We responded to the Carbon Disclosure Project climate
change and supply chain questionnaires .
• In August 2014, Cathay Pacific made an investment in
Fulcrum BioEnergy, Inc., a US-based sustainable biofuel
developer. We hope that this investment will help us to
achieve our target of carbon-neutral growth from 2020.