China Airlines Publishes Second TCFD Report

(20 May 2022, 12:20 +07)  China Airlines has published the second edition of its independent Task Force on Climate-Related Financial Disclosures (TCFD) report.

The TCFD process was used to simulate and study the potential risk scenarios from extreme climate, as well as strengthen related corporate management capabilities on financial response and decision-making.

Recognizing the close relationship between airline operations and the climate, China Airlines joined the global TCFD initiative in 2018. The airline also formed an inter-departmental TCFD task force to incorporate global climate risk and transformation factors into the company's corporate risk management mechanism.

China Airlines uses SAF when ferrying new Airbus aircraft back to Taiwan

The second edition of the independent climate governance report released by China Airlines this year builds on the first edition by providing more information on corporate risk management. The five core carbon reduction strategies from Net-Zero Carbon Emissions by 2050 were also added. These include improvement of fuel efficiency, upgrading off TCFD process and emergency response systems, promotion and adoption of Sustainable Aviation Fuel (SAF), participation in international carbon control schemes, introducing new technology for carbon reduction when  appropriate, continuing to track internal and external risks, management of opportunity topics, and engagement with response capability to improve corporate climate governance; for example, response measures were devised prevention of flooding from heavy rainfall, or flights being rescheduled or diverted due to special weather conditions.

China Airlines has already committed to net-zero emissions by 2050. Phased carbon reduction targets and annual actions plan have also been set for flight and ground carbon emissions in response to international trends on carbon reduction and stakeholder expectations.

More recently, a recent sustainability demonstration flight adopted up to a hundred innovative eco-friendly measures from fuel-saving routes, apron operations, online check-in to in-flight catering and amenities as part of the airline's efforts to conserve energy and cut carbon emissions.

Travelers offset 299.77 tons of carbon under the China Airlines “ECO Travel Carbon Offsetting”. Mandarin Airlines and Tigerair Taiwan were also enrolled in this voluntary program for travelers in 2021, giving all travelers with China Airlines the opportunity to participate in and support international sustainability developments.