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KLM ROYAL DUTCH AIRLINES

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KLM : Sustainability report Air France-KLM 2020 now available

06/02/2021 | 07:09am EDT

(see also attachment: KLM Sustainability at a glance 2020)

Fly Responsibly: reducing, replacing and compensating

Compared to 2005, KLM has reduced its total CO2 emissions by an absolute four per cent and 31 per cent per passenger, per kilometer as of 2019. It must be noted of course that KLM's production in 2020 deviated significantly from previous years as a result of which this year's CO2 emission figures cannot be compared easily with other years and targets. For 2030, the goal is to reduce these levels by 15 and 50 per cent respectively. To this end, KLM continued to invest in more fuel-efficient aircraft with a lower noise footprint. Meanwhile, KLM's CO2ZERO program enables passengers to compensate their CO2 emissions and in 2020, some 51,053 ton was offset this way. In 2020, Transavia partnered with KLM on CO2ZERO. KLM, which in 2011 was the world's first airline to carry out a commercial flight partly fueled by Sustainable Aircraft Fuel (SAF), committed itself to use 14 per cent SAF of the total volume used in the Netherlands by 2030. The customer proposition was broadened by expanding the corporate biofuel program to cargo customers and Air France decided to adopt KLM's corporate biofuel program in 2021.

Ground operations and replacing short distance flights by train

KLM's ambition is to have zero emissions from ground operations by 2030. Therefore, KLM has invested in the electrification of ground equipment. Some 62 per cent of KLM's ground equipment is now electric. Tests have been conducted at Schiphol with the use of electric taxi equipment. KLM is in favour of a European network of high-speed trains replacing short distance flights. In early 2020, KLM replaced one of its five daily flights to Brussels with a journey on the Thalys. KLM is actively investigating with the Dutch rail company (NS), Schiphol Airport and the Dutch Government how to replace more short flights by trains. KLM expanded its notion of sustainability to not only encompass environmental goals, but to include the role it has in serving society, enabling economic activity and being one of the largest private employers in the Netherlands.

First flight of Flying V scale model

KLM already worked with academic institutions, airline partners and the government on several initiatives to reduce CO2 emissions. Strategies for achieving this include fleet renewal, the use of SAFs, optimising flight paths and procedures, the aim for emission-free airports and the adoption of the train for short distances. With the help of KLM, the Delft University of Technology made the maiden flight of its revolutionary Flying V model aircraft. KLM contributed to the action program Hybrid Electric Flight, which was submitted to the Dutch parliament. More waste and weight reduction initiatives have been worked on with external partners like the Amsterdam University of Applied Sciences.

KLM aims at a complete sustainable transformation

KLM expanded its notion of sustainability to not only encompass environmental goals, but to include the role it has in serving society, enabling economic activity and being one of the largest private employers in the Netherlands. This deepening and broadening of KLM's sustainability ambitions aligns well with KLM's restructuring plan 'Building Back Better'. Within this context, KLM developed a vision of how sustainability applies to the people-side of the business, by means of a ten-year roadmap that will improve staff engagement, diversity and inclusion, community engagement and human rights across the supply chain. Engagement for sustainability has increased in 2020. Sustainability was integrated into KLM's Compass, which outlines the values, principles and behaviors of staff. A sustainability ecosystem of people involved in the subject was set up across the company, including Transavia, Cargo and E&M. An internal sustainability portal was built to inspire and educate staff throughout the company.

For more information: https://sustainabilityreport2020.airfranceklm.com/en/

Disclaimer

KLM - Koninklijke Luchtvaart Maatschappij NV published this content on 02 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 June 2021 11:08:05 UTC.


ę Publicnow 2021
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Sales 2020 5 120 M 6 000 M 6 000 M
Net income 2020 -1 547 M -1 813 M -1 813 M
Net Debt 2020 3 924 M 4 599 M 4 599 M
P/E ratio 2020 -0,40x
Yield 2020 -
Capitalization 607 M 712 M 712 M
EV / Sales 2019 0,32x
EV / Sales 2020 0,87x
Nbr of Employees 27 833
Free-Float 98,9%
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Managers and Directors
Pieter J. Th. Elbers President & Chief Executive Officer
Erik R. Swelheim Chief Financial Officer & Managing Director
Cees't C. Hart Chairman-Supervisory Board
RenÚ M. de Groot Chief Operating Officer & Managing Director
Fleur Pellerin Independent Member-Supervisory Board
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