Frontier Airlines' 2022 ESG Report
Frontier Airlines has unveiled its 2022 Environmental, Social, and Governance (ESG) Report, showcasing its deep dedication to responsible environmental stewardship, workforce diversity and well-being, community involvement, and governance.
Barry Biffle, CEO of Frontier Airlines, expressed the company's aspiration to become the most environmentally sustainable airline in North America, earning them the title of 'America's Greenest Airline.'
He emphasised that Frontier's commitment to environmental responsibility extends to customers and team members alike, encapsulated by their philosophy that 'The Sky is for Everyone.' The inaugural report spotlights numerous initiatives that underscore their dedication to ESG principles.
Notable Achievements in Environmental Sustainability:
- Fuel-saving initiatives, estimated to conserve 135 million gallons of fuel in 2022, including:
- Operating the most fuel-efficient fleet in North America, featuring cutting-edge engine technology in Airbus A320neo family aircraft.
- Achieving an industry-leading 102 available seat miles per gallon.
- The adoption of 30% lighter Recaro seats.
- A commitment to purchase millions of gallons of sustainable aviation fuel (SAF).
- Transitioning from plastic to biodegradable in-flight products.
- Showcasing endangered and threatened species on aircraft liveries.
The report also highlights Frontier's efforts to cultivate a diverse, equitable, and inclusive workplace for employees while making air travel more accessible for customers.
Key Social Capital Initiatives:
- Offering unbundled air travel with à la carte pricing to enhance affordability for consumers.
- Collaboration with aviation industry employee advocacy groups.
- Establishment of business resource groups to support diversity among Team Frontier members.
- Facilitating career growth through a management trainee programme, with a noteworthy 80% female participation.
- Launching a pilot cadet programme to welcome the next generation of pilots.
- Supporting crew members' choice to engage in unions and collective bargaining.
Barry Biffle emphasised the significance of every member of Team Frontier, encompassing both employees and vendors, in delivering "Low Fares Done Right." The company fosters a culture of continuous improvement, engagement, and inclusion, enabling team members to provide customers with safe and reliable service and innovation. They invest substantially in training and development to empower their team members to reach their full potential.
The report also underscores Frontier's commitment to community engagement through volunteerism, in-kind donations, and fundraising. Additionally, it delves into governance and risk management, detailing board oversight, diversity, and the company's comprehensive ethics and compliance programmes.
Frontier Airlines is unwavering in its dedication to ESG goals and plans to continue its focus on these critical areas, regularly reporting on their progress.
For more investor-related news
To view and compare company ESG Ratings and Sustainability Reports, visit our Company ESG Profiles page.
Source: GLOBE NEWSWIRE
