- Tracks progress on company goals for global aerospace safety,
innovation and clean technologies, diversity and inclusion and
community engagement.
- Highlights "avoid first, remove second" company strategy and
adds investments in permanent carbon removals.
ARLINGTON, Va., June 25,
2024 /PRNewswire/ -- Boeing [NYSE: BA] today released
its 2024 Sustainability & Social Impact Report, outlining
our progress in support of our people, our environment, and our
communities.
"We're honored to share the steady progress we've made on
sustainability, which will always be anchored in safety and
quality," said Boeing Chief Sustainability Officer Brian Moran. "As we recommit to these
fundamental values, it is energizing to see our company's focus on
helping our industry decarbonize while uplifting our communities
and driving a culture of inclusion where everyone's voice is
heard."
Progress points in this year's report include:
- 39% of energy for Boeing's operations was sourced from
renewable electricity in 2023 through a combination of direct
purchases and renewable energy credits.
- A 6.4-point increase in the percentage of our U.S. workforce
that is made up of racial/ethnic minorities, and a 1.2-point
increase in the percentage of Boeing's global workforce that is
women, both since 2020.
- 100,000-hour increase in employee volunteer hours in 2023,
totaling 477,000 hours invested into charitable causes
worldwide.
- $60 million in employee
donations, including a boost from the Boeing Gift Match Program to
charitable organizations.
- 100+ influential stakeholders engaged, and 20 major events
supported with the Boeing Cascade Climate Impact Model that
analyzes aviation's strategies to cut emissions.
Boeing has been evolving its carbon management approach to an
'avoid first, remove second' strategy.
Avoiding first entails the prevention of carbon emissions by
reducing and/or avoiding those emissions at the source, for
example, by continuing to invest in renewable energy and efficient
infrastructure while encouraging resource conservation.
Removing second means utilizing offsets and removals for hard to
abate emissions. To strengthen and diversify our offset portfolio
over time, Boeing is increasing its investments in permanent carbon
removal projects. Boeing will also support important technology and
policy development in support of the Carbon Offsetting Removal
Scheme for International Aviation (CORSIA), the global market-based
measure our airline customers' support.
Boeing's ongoing efforts to strengthen safety and quality
outlined in this report align with the company's 2024 Chief
Aerospace Safety Officer Report.
As a leading global aerospace company, Boeing develops,
manufactures and services commercial airplanes, defense products
and space systems for customers in more than 150 countries. As a
top U.S. exporter, the company leverages the talents of a global
supplier base to advance economic opportunity, sustainability and
community impact. Boeing's diverse team is committed to innovating
for the future, leading with sustainability, and cultivating a
culture based on the company's core values of safety, quality and
integrity. Join our team and find your purpose at
boeing.com/careers.
Contact:
media@boeing.com
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SOURCE Boeing