ATSG Highlights Progress in Latest Sustainability Report
April 20 2023 - 3:01PM
Business Wire
Air Transport Services Group, Inc. (Nasdaq: ATSG), the world’s
largest lessor of freighter aircraft, has published its 2022
Sustainability Report, highlighting progress in the company’s
Environmental, Social and Governance (ESG) practices and
initiatives. The report focuses on the company's efforts to reduce
its environmental footprint, positively impact the lives of its
employees and community, and further improve its overall corporate
governance during 2022 and into this year.
“We are pleased with the growth our company has experienced in
recent years, and we are proud that our ESG progress has followed
suit,” said Rich Corrado, president and CEO of ATSG.
Highlights from the 2022 Sustainability Report include the
following:
- Operational improvements from 2021 to 2022 resulted in a
relative reduction in jet fuel usage by 19.9 million gallons and
CO2 emissions by 191,000 tons. This carbon footprint reduction is
in addition to fuel-efficiency improvements the company will
realize from its ongoing fleet modernization.
- The company began offering four weeks of paid parental leave to
all eligible employees, regardless of gender, upon the birth,
adoption, or foster placement of a child. The new benefit became
effective in April 2023.
- Support for charitable causes exceeded $850,000 during 2022, an
increase of more than 65 percent over the prior year. The company
seeks to create positive change by supporting programs in
education, youth development, veterans support, food security, and
homelessness.
- ATSG formed a Management Sustainability Committee to further
integrate ESG matters into the strategy and operations of the
company. Committee members include executives, senior management
and subject matter experts from ATSG and each of its operating
subsidiaries.
“As the world’s largest lessor of freighter aircraft, we
understand the impact we can have on the environment,” said
Corrado. “We are continually exploring ways to minimize that impact
while still supporting our customers.”
To learn more about ATSG’s Environmental, Social and Governance
efforts and view the full Sustainability Report, visit
https://www.atsginc.com/responsibility/sustainability.
About Air Transport Services Group, Inc. (ATSG)
ATSG is a leading provider of aircraft leasing and cargo and
passenger air transportation and related services to domestic and
foreign air carriers and other companies that outsource their cargo
and passenger air lift requirements. ATSG, through its leasing and
airline subsidiaries, is the world's largest lessor of freighter
aircraft as well as the largest owner and operator of converted
Boeing 767 freighters. Through its principal subsidiaries,
including three airlines with separate and distinct U.S. FAA Part
121 Air Carrier certificates, ATSG provides aircraft leasing, air
cargo lift, passenger ACMI and charter services, aircraft
maintenance services and airport ground services. ATSG's
subsidiaries include ABX Air, Inc.; Airborne Global Solutions,
Inc.; Airborne Maintenance and Engineering Services, Inc.,
including its subsidiary, Pemco World Air Services, Inc.; Air
Transport International, Inc.; Cargo Aircraft Management, Inc.; and
Omni Air International, LLC. For more information, please see
www.atsginc.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20230420005964/en/
Joe Payne, Chief Legal Officer & Secretary Air Transport
Services Group, Inc. 937-366-2686
Air Transport Services (NASDAQ:ATSG)
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