Potential offtaker

Southwest Airlines Co

www.southwest.com

Estimated electricity consumption

N/A

Countries of production presence

N/A

Southwest Airlines Co is a leading American airline company that operates in the Mainline Airline - LCC sector. The company has a strong reputation for providing affordable flights to customers across the United States, Mexico, and the Caribbean. Southwest Airlines Co was founded in 1967 and has since grown to become one of the largest airlines in the world, with a fleet of over 700 aircraft and more than 60,000 employees.

Decarbonisation is a key priority for Southwest Airlines Co, as the company recognizes the importance of reducing its carbon footprint and contributing to a more sustainable future. The airline has set ambitious goals to reduce its greenhouse gas emissions, including a commitment to carbon neutrality by 2050. To achieve this goal, Southwest Airlines Co is investing in a range of decarbonisation initiatives, including the use of sustainable aviation fuels, the adoption of more efficient aircraft, and the implementation of innovative operational practices.

Corporate energy is another area of focus for Southwest Airlines Co, as the company seeks to reduce its reliance on fossil fuels and transition to cleaner sources of energy. The airline has implemented a range of energy efficiency measures across its operations, including the use of LED lighting, energy-efficient HVAC systems, and the installation of solar panels at its facilities. Southwest Airlines Co is also exploring the use of corporate power purchase agreements (PPAs) to source renewable energy for its operations.

Corporate PPAs are contracts between companies and renewable energy providers that allow companies to purchase renewable energy directly from the source. By entering into these agreements, companies like Southwest Airlines Co can reduce their reliance on fossil fuels and support the growth of the renewable energy sector. In 2019, Southwest Airlines Co signed a PPA with a wind farm in Oklahoma, which will provide the airline with 100 megawatts of renewable energy each year. This is equivalent to the energy required to power more than 50,000 homes.

Renewable energy is a key part of Southwest Airlines Co's sustainability strategy, as the company recognizes the importance of transitioning to cleaner sources of energy to reduce its environmental impact. The airline has set a goal to source 50% of its energy from renewable sources by 2025, and is investing in a range of renewable energy projects to achieve this goal. In addition to its PPA with the wind farm in Oklahoma, Southwest Airlines Co is exploring the use of other renewable energy sources, including solar and geothermal energy.

In conclusion, Southwest Airlines Co is a leading American airline company that operates in the Mainline Airline - LCC sector. The company is committed to decarbonisation, corporate energy, corporate PPAs, and renewable energy, and is investing in a range of initiatives to reduce its environmental impact and contribute to a more sustainable future. With a strong focus on sustainability and innovation, Southwest Airlines Co is well-positioned to lead the way in the aviation industry's transition to a more sustainable future.

✓ Current offtaker under Corporate PPA's
✓ Declared Net Zero commitment