We have expanded the list of climate policies we assess company engagement with to incorporate land-use related policy, referring to legislative or regulatory measures to enhance and protect ecosystems and land where carbon is being stored. Assessments under this category are currently underweighted in terms of their contribution to the overall company metrics. This weighting will be progressively increased over the next 6 months.
We adjusted the terminology used to describe the queries running down the left-hand side of our scoring matrix and added additional explanatory text to the info-boxes. This has no impact on the scores and methodology. It has been done following user feedback to improve clarity.
Climate Lobbying Overview: The International Business Aviation Council (IBAC) appear to have mixed engagement with climate-related policies for aviation in 2020-22. IBAC has stated support for net-zero carbon emissions from global business aviation by 2050, ICAO’s CO2 standard and a US SAF blenders tax credit, while appearing to advocate for ICAO to weaken the global CORSIA offsetting scheme for aviation and exempting smaller aircraft from the CORSIA offsetting scheme.
Top-line Messaging on Climate Policy: IBAC appears to have positive top-line messaging on climate change in 2020-22. According to a February 2020 Business View article, IBAC Director General, Kurt Edwards, stated support for a 50% reduction in carbon emissions from global business aviation by 2050. However, in September 2021 IBAC appeared to increase the ambition of this goal by releasing a declaration which commit IBAC to Net-Zero Carbon Emissions by 2050. The declaration also appeared to express support for the goals of the Paris Agreement. In a Twitter post from July 2022, IBAC further appeared to advocate for ICAO to adopt a long-term aspirational goal (LTAG) of net-zero carbon emissions at the 41st Assembly in September 2022. A joint working paper presented to ICAO’s High-level meeting on the LTAG by aviation industry associations, including IBAC, also advocated for a LTAG “in line with the Paris Agreement stretch goal of 1.5ºC”.
Engagement with Climate-Related Regulations: In 2020-22, IBAC appear to have limited disclosure and engagement with climate-related policies. Despite expressing support for the global CORSIA offsetting scheme for aviation, IBAC’s corporate webpage, accessed in August 2022, appears to support the exemption of business aircraft operators from the scheme. IBAC Director General, Kurt Edwards, also appeared to support weakening the CORSIA baseline from 2019-20 emissions to 2019 emissions alone, describing the change as a “solid first step” in a July 2020 press release.
In a working paper presented by IBAC to ICAO’s high-level meeting on a LTAG, IBAC advocated for a US SAF-blenders tax credit and appeared to support a book-and-claim system for the ReFuelEU Aviation policy to ensure “the wider network of airports used by smaller operators” can benefit. IBAC Director General, Kurt Edwards, also called for governments to “put in place positive policies that incentivize the production and use of sustainable aviation fuels” (SAF) in a February 2022 Business View article.
Evidence from a working paper presented by IBAC to ICAO’s high-level meeting on the LTAG in July 2022 indicates support for ICAO’s CO2 standard, as IBAC appeared to advocate for it to be implemented in national legislation.
Positioning on Energy Transition: In 2020-22, IBAC appears to frequently express support for the increased use of SAF in aviation, for example in its September 2021 Net-Zero 2050 declaration. The chapter authored by IBAC in ICAO’s 2022 Environmental Report, further appeared to support electric and hydrogen-powered aircraft. A joint working paper presented by IBAC, among other industry associations, to ICAO’s High-Level Meeting on a LTAG, also appeared supportive of the electrification of aviation, while advocating for increased use of green hydrogen within transport.