American Airlines Named to Dow Jones Sustainability World Index
12 December 2023 - 5:03AM
American Airlines has been named to the Dow Jones Sustainability
World Index (DJSI World) for the first time, one of only two
passenger airlines included in the Index. American also returns to
the Dow Jones Sustainability North America Index (DJSI North
America) for the third year in a row.
The Dow Jones Sustainability World Index comprises global
sustainability leaders as identified by S&P Global through the
Corporate Sustainability Assessment. It represents the top 10% of
the largest 2,500 companies in the S&P Global Broad Market
Index based on long-term economic, environmental and social
criteria.
“Inclusion on the DJSI World Index recognizes our work to
improve the reliability of our operation, invest in our team
members and operate more sustainably,” said American’s CEO Robert
Isom. “We are honored to be recognized for our progress.”
Industry-leading operational
reliability
- American leads the industry in on-time departures year-to-date
and major U.S. network competitors in completion factor.
- Based on a sampling of approximately 3 million customer
surveys, American’s Likelihood to Recommend (LTR) score — a key
satisfaction indicator — reached a record high in 2022.
Investing in team members
- In 2023, the airline reached a four-year agreement with its
pilots, represented by the Allied Pilots Association (APA), which
will deliver more than $9 billion of compensation and
quality-of-life benefits to American’s 15,000 pilots.
- American received a score of 100 on the Human Rights Campaign
Foundation’s 2023-2024 Corporate Equality Index, the nation’s
foremost benchmarking survey measuring corporate policies and
practices related to LGBTQ+ workplace equality.
Enhancing our sustainability efforts
- American led the industry by setting the first 2035 carbon
intensity target validated by the Science Based Targets
initiative.
- More recently, American entered into an innovative offtake
agreement for an advanced form of sustainable aviation fuel (SAF)
to be produced by Texas-based Infinium. American’s offtake
agreement is a critical enabler of further investment in Infinium’s
work to produce SAF from waste carbon dioxide and renewable
power.
- American also signed on as the inaugural customer of Graphyte,
a carbon removal startup backed by Breakthrough Energy Ventures,
which is pioneering a method of permanent carbon removal that uses
significantly less energy and at a substantially lower cost,
relative to existing carbon removal approaches.
The full results and list of Index constituents are
available online.
American’s 2022 Sustainability Report provides updates on the
company's strategy and progress on key issues over the past year.
It affirms American's focus on the sustainability issues most
important to its business and stakeholders, including climate
change, customer and team member safety, team member professional
development and customer service.
More information on American’s sustainability strategy is
available at aa.com/esg.
About American Airlines GroupTo Care for People
on Life’s Journey®. Shares of American Airlines Group Inc. trade on
Nasdaq under the ticker symbol AAL and the company’s stock is
included in the S&P 500. Learn more about what's happening at
American by visiting news.aa.com and connect with American
@AmericanAir and at Facebook.com/AmericanAirlines.
Cautionary statement regarding forward-looking
statements and informationCertain of the statements
contained in this release should be considered forward-looking
statements within the meaning of the Securities Act of 1933, as
amended, the Securities Exchange Act of 1934, as amended, and the
Private Securities Litigation Reform Act of 1995. These
forward-looking statements may be identified by words such as
“may,” “will,” “expect,” “intend,” “anticipate,” “believe,”
“estimate,” “plan,” “project,” “could,” “should,” “would,”
“continue,” “seek,” “target,” “guidance,” “outlook,” “if current
trends continue,” “optimistic,” “forecast” and other similar words.
Such statements include, but are not limited to, statements about
the company’s plans, objectives, expectations, intentions,
estimates and strategies for the future, and other statements that
are not historical facts. These forward-looking statements are
based on the company’s current objectives, beliefs and
expectations, and they are subject to significant risks and
uncertainties that may cause actual results and financial position
and timing of certain events to differ materially from the
information in the forward-looking statements. These risks and
uncertainties include, but are not limited to, those set forth
herein as well as in the company’s Quarterly Report on Form 10-Q
for the quarter ended September 30, 2023 (especially in Part I,
Item 2. Management’s Discussion and Analysis of Financial Condition
and Results of Operations and Part II, Item 1A. Risk Factors), and
other risks and uncertainties listed from time to time in the
company’s other filings with the Securities and Exchange
Commission. Additionally, there may be other factors of which the
company is not currently aware that may affect matters discussed in
the forward-looking statements and may also cause actual results to
differ materially from those discussed. The company does not assume
any obligation to publicly update or supplement any forward-looking
statement to reflect actual results, changes in assumptions or
changes in other factors affecting these forward-looking statements
other than as required by law. Any forward-looking statements speak
only as of the date hereof or as of the dates indicated in the
statement.
Corporate
Communicationsmediarelations@aa.com
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