Market Insights

Sustainability and Growth: Tackling Emissions In The Aerospace Industry

The aerospace industry has taken proactive and bold steps to dramatically reduce emissions by 2050. In fact, through the ICAO-led program, CORSIA (Carbon Offsetting and Reduction Scheme for International Aviation), the global industry has committed to reducing the international flight emissions to 50% of the levels experienced in 2005. With 21 years to the self-imposed deadline, the aerospace industry is working on three pillars to attain the goal: emissions reporting, emissions mitigation and emissions offsetting.