JetBlue Celebrates Earth Month by Announcing Meaningful, Short-term Actions to Advance Decarbonization Efforts and Benefit its Communities - Seite 2

Reduce emissions with carbon offsets:

• Achieve net zero carbon emissions by 2040, including carbon offsets

Reduce direct emissions:

• Decrease aircraft emissions 25 percent per available seat mile (ASM) by 2030 from 2015 levels, excluding offsets

Increase usage of sustainable energy:

• Convert 10 percent of total jet fuel to be from blended sustainable aviation fuel (SAF) by 2030
• Convert 40 percent of three main ground service equipment vehicle types to electric by 2025 and 50 percent by 2030

Reduce waste:

• Eliminate single use plastics within service ware where possible. Where not possible, ensure plastic is recyclable
• Maintain at least an 80 percent recycling rate for audited domestic flights

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Crewmember feedback and societal demands were part of the impetus for JetBlue to reexamine its relationships with crewmembers, business partners, customers, and the communities it serves. This included an evolution of its diversity, equity and inclusion (DEI) strategy, which now concentrates on three areas: people, sourcing and brand.

This year JetBlue’s senior leaders tied to their 2021-2023 long-term incentive plan (LTIP) compensation to key ESG metrics. An ESG Index was developed that measures leadership payouts based on percent reduction in company emissions per ASM, volume of sustainable aviation fuel used, spend toward underrepresented business partners, long-term efforts to engage and work with minority and women owned businesses (MWBE), and a more diverse slate of officers and directors.

“JetBlue’s reinforced DEI strategy includes an increased investment in crewmembers’ development, retention and growth, focusing on a more inclusive workplace that drives better decision-making and innovation, said Robin Hayes, chief executive officer, JetBlue. “We’re mobilizing our senior leadership team to create a more equitable workplace that better reflects the diverse communities we serve in all aspects of our airline. To ensure our success and strengthen shareholder value, ESG metrics will be tied to compensation and goals for JetBlue’s officers and directors.”

Leadership diversity:

• Double race and ethnic minority representation at the officer and director level, from 12.5 percent today to 25 percent by the end of 2025.
• Increase representation of women at the officer and director level, from 32 percent today to 40 percent by the end of 2025.

Business partner engagement: