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Tuesday, April 16, 2024

INAEC submits climate pledge

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INAEC Aviation Corp., a member of the Lopez Group of Companies, is the first general aviation operator in the country to submit its Climate Neutral Now Pledge to the United Nations Framework Convention on Climate Change (UNFCCC Pledge).

Jay Lopez, the company’s president, called this a “natural step” for INAEC, as the Lopez Group is strengthening its efforts to achieve net zero greenhouse gas emissions (GHG) by 2050 or earlier.

“The Lopez Group has firmly established itself as firm advocates of environmental protection and climate action, as manifested by our ‘no-to-coal’ declaration way back in 2016. While the global aviation industry accounts for a mere 2 percent of the total GHG emissions, 5 percent if you consider the other gases and water vapor trails produced by aircraft, conventional flying is nevertheless still a damaging way to travel for the climate,” he said.

Lopez added that the aviation industry is an ever-expanding market, with more and more people expected to travel by air in the future.

By submitting its pledge, he said the company commits to “plan and implement actions to reduce these emissions, and consider contributing to the reduction of GHG emissions through credible carbon credits.”

Read full article on BusinessMirror

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