Finnair steps up efforts to be carbon neutral by 2045 [Reuters]
EASYJET PLC S/ADR (ESYJY)
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Source: Reuters
Finnair steps up efforts to be carbon neutral by 2045 (Reuters) - Finnair ( FIA1S.HE ) said on Thursday it had stepped up its efforts to achieve carbon neutrality by 2045 through a range of measures and would begin by halving its net emissions by 2025 from their 2019 level. EasyJet ( EZJ.L ) said in November it would become the first major airline to achieve net-zero carbon emissions across its whole network through offsetting of its flights. Meanwhile, British Airways owner IAG ( ICAG.L ) has said it will carbon-offset its domestic flights, with international airlines collectively counting on a global carbon offsetting plan to cap CO2 emissions from air travel at 2020 levels. Finnair said most of its emission cuts would be achieved through compensation but it will partner up with Finnish biofuels producer Neste ( NESTE.HE ) to gradually increase the use of biofuel to 10 million euros annually by the end of 2025. “The oil price has come down quite significantly just recently, a
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