Commercial, Energy Efficiency, GHG Emissions - August 25, 2023
Aviation Capital Group Completes Sustainability Assessment
Aviation Capital Group LLC (ACG) completed its first sustainability materiality assessment to help inform and shape its ESG strategy in 2023.
The materiality assessment analyzed sustainability topics, risks and opportunities that are critical to ACG and provided valuable insights into the expectations of the company’s stakeholders. The sustainability materiality matrix developed through this assessment will help guide ACG’s prioritization of sustainability topics while considering stakeholder expectations, with a focus on areas where ACG can create the most value.
The company announced the publication of its second annual Environmental, Social and Governance (ESG) Report, for the year ended December 31, 2022.
“ACG recognizes that our long-term success is measured by more than our financial performance. It is also determined by our impact on the environment, our engagement with communities in which we live and operate, and the well-being of our people,” said Thomas Baker, CEO and President of ACG, in a statement. “Sustainability has become a critical part of ACG’s mission and long-term strategy. We have set the foundation and charted our path forward.”
ACG is a full-service aircraft asset manager with over 480 owned, managed and committed aircraft as of June 30, 2023, leased to roughly 90 airlines in approximately 45 countries. The company is a wholly owned subsidiary of Tokyo Century Corporation, which aims to achieve net zero GHG emissions for Scope 1 and 2 by fiscal 2040 for the entire Tokyo Century Group.
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