Potential offtaker

IBERIA, Líneas Aéreas de España, S.A

www.iberia.com

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Which other companies from Spain are actively involved in decarbonization initiatives?
  • Cellnex Telecom S.A.
  • Elecnor SA
  • Inmobiliaria Colonial, SOCIMI, S.A.
  • Red Electrica de España
  • ISDIN SA
  • Consum S. Coop. V.
  • IBERIA, Líneas Aéreas de España, S.A is a Spanish airline company that operates in the Airlines sector. It was founded in 1927 and is headquartered in Madrid, Spain. The company is a subsidiary of International Airlines Group (IAG), which is one of the largest airline groups in the world. IBERIA operates a fleet of over 130 aircraft and flies to more than 90 destinations in Europe, the Americas, Africa, and Asia.

    Decarbonisation is a key focus area for IBERIA, and the company has set ambitious targets to reduce its carbon footprint. In 2019, IBERIA became the first airline in the world to commit to achieving net-zero carbon emissions by 2050. The company has also set a target to reduce its carbon emissions by 50% by 2030.

    To achieve these targets, IBERIA has implemented a range of decarbonisation initiatives. The company has invested in new, more fuel-efficient aircraft, and has also implemented measures to reduce fuel consumption, such as optimizing flight routes and reducing aircraft weight. IBERIA has also implemented a carbon offset program, which allows passengers to offset the carbon emissions from their flights by investing in carbon reduction projects.

    Corporate energy is another important area for IBERIA. The company has implemented a range of measures to reduce its energy consumption and increase its use of renewable energy. IBERIA has implemented energy efficiency measures across its operations, including in its offices, hangars, and maintenance facilities. The company has also invested in renewable energy projects, such as solar panels and wind turbines, to generate clean energy for its operations.

    Corporate PPA (Power Purchase Agreement) is a key tool for IBERIA to increase its use of renewable energy. The company has signed several corporate PPAs with renewable energy providers, which allow it to purchase clean energy directly from the source. These agreements provide IBERIA with a stable, long-term supply of renewable energy, and also help to support the development of new renewable energy projects.

    Renewable energy is a key focus area for IBERIA, and the company has set a target to source 100% of its electricity from renewable sources by 2025. To achieve this target, IBERIA is investing in a range of renewable energy projects, including solar and wind power. The company is also exploring new technologies, such as hydrogen fuel cells, to further reduce its carbon footprint.

    In addition to its decarbonisation and renewable energy initiatives, IBERIA is also committed to social responsibility and sustainability. The company has implemented a range of measures to reduce waste, increase recycling, and promote sustainable practices across its operations. IBERIA also supports a range of social and environmental initiatives, including programs to support local communities and protect biodiversity.

    Overall, IBERIA is a leading airline company that is committed to decarbonisation, corporate energy, corporate PPA, and renewable energy. The company has set ambitious targets to reduce its carbon footprint and increase its use of renewable energy, and is implementing a range of initiatives to achieve these goals. IBERIA's commitment to sustainability and social responsibility makes it a leader in the aviation industry and a role model for other companies to follow.

    ✓ Science Based Targets member
    Decarbonization in Passenger air transport: Strategies for a Greener Future

    Which companies in the industry of Passenger air transport have made significant pledges or efforts to address global warming?
  • Air Canada
  • Ryanair Holdings plc
  • Deutsche Lufthansa Aktiengesellschaft
  • Southwest Airlines Co
  • Qantas Airways Limited